Archive for the ‘Business’ Category
The cool thing about eBay’s support system is it will always answer your question; unfortunately, that answer will always be a form letter on how to reset your password, as Timothy discovered when he tried to figure out how to sell his laptop to someone who wasn’t a Nigerian scammer. Timothy has discovered the awful truth behind today’s eBay—something many readers here already know—which is that it’s become virtually impossible to sell any sort of medium-to-high end electronics there anymore.
Microsoft gauged Facebook’s interest in a possible acquisition after the software giant’s failed takeover attempt of Yahoo Inc, the Wall Street Journal reported on Wednesday.
The newspaper reported on its Web site that Microsoft’s bankers put out subtle signals to Facebook, the social networking Web site, to see if it would be open to a full acquisition.
In October, Microsoft took a $240 million stake in Facebook, which valued the start-up at $15 billion. Citing an unnamed source, the report said there are no active discussions between the two companies.
mocoNews reports talks are going on between Helio and Virgin Mobile USA about a possible merger between the two wireless phone carriers. Helio has had some finanical issues over the past year, and it’s owner, SK Telecom, has been looking to make a splash in US markets. Current talks include SK Telecom buying out Virgin Mobile USA, infusing it with cash, and having Virgin Mobile buy out the Helio via stock purchase. Seeing as both carriers operate on Sprint’s network, technical logistics won’t be a huge hurdle, which leaves financials to deal with. But this is still very much in the early stages.