Archive for the 'Business' Category

eBay Sealed Skype Deal

Tuesday 13 September 2005 @ 3:30 am

After weeks of speculation about eBay going to acquire Skype, eBay sealed the deal on Monday, September 12, 2005, by paying Skype for USD$2.6 billion in cash ans stock. This deal may go up to USD$4.1billion based on performance-based bonuses within 2005-2009.

When both leaders in auction business and Voice-over-IP communication industry met, certainly there will be some spark in the business itself. From the acquisition, eBay is almost certain to benefit from the free Skype calls which will smoothen the way for more deals to go through. Furthermore, auction fraud can be kept to minimal as most of the buyers will request for a talk or so to the seller through Skype. That’s for sure, eBay will leverage the current 54 million members in 225 countries and territories and at the growth rate of 150,000 users per day.

Of course, needless to say, Skype will have pocketed the total amount of the acquisition, which believed to be 42 times of Skype’s expected 2005 earnings of USD$60 million. With these money, hopefully, we will see more innovative services will be launched by Skype.
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eBay Sealed Skype Deal

eBay To Acquire Skype

Saturday 10 September 2005 @ 2:36 am

The speculation of eBay is going to acquire Skype has been spreading for the last few days. I think this might be a real fact in coming days.

The giant online auction site, eBay, is reportedly approached VoIP communication provider, Skype about a possible acquisition. The deal would be USD$2 billionUSD$3 billion.

We might think VoIP communication is outside the scope of eBay’s core business and why eBay is interested in Skype? I think Skype will be a great place for eBay to advertise its auction products, while providing a platform for the bidder and owner to communicate. If this acquisition is for real, I’m sure some added features like checking auction details through Skype will be integrated. This will certainly turn Skype to another communication tool for online buyers.
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eBay To Acquire Skype

MiTV Launched !!

Wednesday 7 September 2005 @ 4:33 pm

The long awaited MiTV is finally launched!! This is sort of a good news to local people as the subscribed TV service in Malaysia is no more monopolized by Astro now.

Before you decided to subscribe for it, please check the availability of the service by checking your postcode. This is because initially MiTV will be broadcasted in the Klang Valley only, and soon will have a full coverage across Malaysia in the next few quarters. You can now sign up the service directly over the phone or walk in to the nearest MiTV dealer, for more information go here.

The basic subscription fee is RM68/month, this will include all channels and interactive services available on MiTV. Meanwhile, all subscriptions activated by 31st December 2005, will enjoy 4 months of FREE subscription.

However, One thing stopped me from thinking further is the expensive Set Top Box, which costs RM1,188.

Yahoo Domain Name Only USD$1.99/year

Friday 2 September 2005 @ 12:46 am

Great news everyone !!

Yahoo Small Business is offering domain name of .com, .net, .org, .biz, .info, .us for only USD$1.99 per year. You may register the domain name up to 5 years.

So far the cheapest domain name I have seen is USD$3.95, I have no idea how Yahoo markup their profit margin. :-?

Anyway, if you are looking for any domain name, make sure you don’t miss such a great offer from Yahoo, which will only last until September 2nd, 2005.

Mozilla Foundation Turns Corporation

Tuesday 9 August 2005 @ 12:33 am

Mozilla Foundation, the maker of Firefox web browser, will become Mozilla Corporation in the announcement on last Wednesday, August 3, 2005. In other words, it will be a wholly-owned subsidiary that will continue the development, distribution and marketing of Mozilla Firefox and Mozilla Thunderbird.

Don’t worry, dude. Mozilla Foundation ensures you there will not be any big difference after this transformation.

The change will not affect the day-to-day development of Mozilla, with the current system of module owners, drivers, reviewers and super-reviewers staying in place. End-users are unlikely to notice any difference either, though the Mozilla Foundation and the Mozilla Corporation will eventually have separate websites. At the moment, only Firefox and Thunderbird will be developed under the auspices of the Mozilla Corporation; other projects, such as Camino and SeaMonkey, will continue to be overseen by the Mozilla Foundation.

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Mozilla Foundation Turns Corporation Rocked In NASDAQ

Monday 8 August 2005 @ 3:10 pm
Chinese search engine has made a big impact on the US stock market, by surging a spectacular 354%, on the open day.

By an hour after it made its arrival on the Nasdaq, at midday, the share, traded as a certificate of deposit, the certificate ended its first session at 122.54 dollars, almost five times its 27-dollar starting quote.

Oh my GOD, why I didn’t know about this before it went public? #-o Otherwise I’ll be 5 times richer now !! Anyway, it’ no wonder people call Daidu as the Chinese Google.

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