It was in a conversation with Skype CEO Josh Silverman last fall that I raised the question: When will eBay spin off the mammoth Internet calling service via a public offering? Of course, he didn’t answer the question. The answer to that question came today,… Read More »
Tech
eBay, a San Jose, Calif,-based company today announced that it was cutting 10% of its workforce, about 1,000 jobs in addition to getting rid of several hundred temps. These cuts will cost them between $70-to-$80 million. It bought two companies for $1.2 billion. Read More »