EBay earnings soared in the critical fourth quarter, fueled by growth in the PayPal business, the sale of Skype and success in luring more people to its shopping Web sites during the holiday season.
Read more »EBay’s Profit Rises Sharply, Aided by Sale Of Skype
http://www.nytimes.com –
Intel-Dell Dealings Under Fire
http://www.businessweek.com –
It was called the Mother of All Programs, or MOAP for short. That was the code name Intel (INTC) bestowed on a series of payments it made to Dell (DELL), one of its largest customers, over a five-year period through January 2007.
Read more »Ranks of millionaire college presidents up again
http://www.billingsgazette.com –
The fast-growing group of millionaire private college and university presidents hit a new record in recent years, and it's likely more college leaders will make seven-figure salaries once the slumping economy rebounds.
Read more »Amazon profit surges 69%
http://money.cnn.com –
E-commerce giant blows past Wall Street's expectations, with growth attributed to sales of the Kindle. Amazon reduces prices of the e-reader to $259.
Read more »Yahoo: Online Advertising Has Stabilized
http://www.businessweek.com –
Results from the Web portal gave further evidence that the online ad slump is ending, though executives stopped short of calling a recovery
Read more »IBM executive in insider trading case placed on leave
http://www.channelnewsasia.com –
An IBM executive arrested in connection with an insider trading case has been placed on temporary leave of absence, the US computer giant said. IBM senior vice president Robert Moffat, 53, was one of six people charged with insider trading that netted 20 million dollars on trades in Google, Hilton Hotels Corp. and other companies.
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