Archive for November 3rd, 2006
More Rumors Of Tom.com Signing An Agreement With eBay Eachnet
According to various online Chinese media reports, Tom Online (TOMO) has signed an agreement with eBay (EBAY) Eachnet to acquire the struggling auction website, and the parties will make a formal announcement very soon. According to the reports, Zhou Kaixuan, a shareholder of eBay’s subsidiary Skype, has acted as a go-between in the negotiations. Tom.com [...]
PayPal Back to Normal With Increased Security
Except for stepped-up security and some police tape strung between buildings, business was back to normal today at eBay’s North San Jose campus. The bomb-sniffing dogs were gone and 1,900 employees were allowed to return to work for the first time since an explosive device blew out a window at the facility Tuesday night. “We [...]
eBay’s Growth Tuff on IT Staff
A rapidly growing business is obviously a CEO’s dream, but it’s not necessarily a lot of fun for the IT staff, as e-commerce site eBay’s Paul Strong found out when he joined the Website a year ago. Strong, eBay’s distinguished research scientist, told attendees at SNW today: “We experience what every business wants — exponential [...]
Here are two examples of entrepreneurs who piggybacked their startup business on a bigger, popular product. In this instance, the products are the trendy and fashionable Crocs shoes and the ubiquitous iPod. This can make starting your business easier in that people already know the product and you have a ready-made customer base. Jibbitz Business [...]
Web Site Turns Music Fans Into Investors
Reuters: There’s no telling what a $10 investment in U2 in 1985 would be worth today, but a start-up Web site called Sellaband is offering music fans the chance to put their money behind artists they think can climb the charts. The Amsterdam-based company allows fans — or what Sellaband calls “believers” — to invest [...]
Health Care for the Self Employed
suite101.com: Being self employed means not having a boss looking over your shoulder and being totally financially independent. You have only to take care of yourself, and you make all your own work decisions. However, being self employed also means taking care of your own health care expenses. There is no employer to provide coverage [...]
Arizona Republic: Peter Blake established Rest Assured to deliver and install waterbeds in Denver in the mid-1970s. He kept one truck when he moved back to Phoenix, and when a friend in the antiques business asked if he could deliver a piece of furniture, Blake safely delivered the valuable piece. Word spread, and soon Blake [...]
Biz Idea: Senior Relocation Service
Entrepreneur.com: Many people in the rapidly growing 70-and-over population segment are selling their homes in favor of smaller houses or condos, either in traditional neighborhoods or retirement communities. This is a perfect time to cater to the relocation needs market. Moving is always stressful, and it can be especially traumatic for someone who is leaving [...]
