ebay

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eBay Inc., the world’s biggest Internet auctioneer, has projected its first quarterly sales decline.
Today eBay’s stock price fell USD0.52, to $14.81. Fourth-quarter revenue will be $2.02 billion to $2.17 billion, the company forecast yesterday, compared with $2.18 billion a year earlier. The value of goods sold on eBay’s sites fell by 1% in the 3rd [...]

The credit crunch has so far been most prominent in the banking and finance industries. Many internet companies have spend the past months in a state of denial, falsely beleive that technology stocks are somehow immune to the pressures of the global economy. But all that appears to be changing rapidly.
News came out this week [...]

The World’s most popular Internet Search Engine, Google, has knocked the BBC off the top spot as the UK’s favourite brand. The online giant came first in Superbrands’ annual survey of the UK’s top names, ahead of BP and Microsoft. The BBC came third in the poll, based on the views of 1,500 professionals. The [...]