Here Comes the eBay Announcement...

Posted by: Rob Hof on September 12, 2005

Just got a notice from eBay of an “investor conference call” at 5 a.m. Pacific time, on an announcement to be made two hours earlier. Very unusual practice for eBay. I don’t know for sure, but who wouldn’t guess that eBay’s buying Skype after all? A Financial Times story suggests that’s indeed the case, and mentions that the “agreement could reach $4.1bn if performance targets are reached.” Yikes. Honestly, I still don’t see the logic at anything near that price, but it could be we’ll find out shortly what eBay has up its sleeve.

TrackBack URL for this entry: http://blogs.businessweek.com/mt/mt-tb.cgi/

Reader Comments

Umar Akram

September 12, 2005 06:59 AM

its definitely the "strange collision" of two very defined players Rob. Keep us update on it.

Umar

Dimitar Vesselinov

September 16, 2005 07:10 PM

ebay is up to something big!

eBay + Paypal + Skype + Shopping.com + Kijiji = ?

Post a comment

 

About

BusinessWeek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, Douglas MacMillan, and Spencer Ante dig behind the headlines to analyze what’s really happening throughout the world of technology. One of the first mainstream media tech blogs, Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.

Categories

 

BW Mall - Sponsored Links

Buy a link now!