skype

HONG KONG,- Linkwell International (HK) Limited announced today that 28TEL, a mobile communications service brand, has broken the current limitations of communications technology by being the first to launch ‘Mobile 2 Skype’ services worldwide, allowing 28TEL users to call online Skype users directly through their mobile phones. According to Mr. Cola Cho, CEO of Linkwell International (HK) Limited, this service is of immense significance. It has broken through the limitations of national boundaries and communications medium. It will also profoundly change people’s user habits, while promoting “mobile communications”. Read the full story

John Donahoe, the new boss of eBay announced that he wants Ebay to work as a strip market and not as a unruly flea market. Amazon as of late has been taking over most of Ebay’s best buyers and sellers.

Ebay is striving hard to bring up sales and gain vital market places which they lost to close competitors. These competitors had also taken a large pie of Ebay’s financial results. However, Ebay still announced an increase in earnings of 22 percent in the last quarter. The increased profit might be due to its other businesses like Skype an Internet calling service and PayPal a payment service.

eBay stocks have also up by 20 percent to $32.12 after mid march. However, eBay users have not much grown during the last year. The company reported a increase of just 1 percent to 83.9 million.

Rumors are that Google is having its thoughts on buying Skype. Skype acquired by eBay in late 2005 has been under crisis and eBay has suffered huge losses due to its financial performance.

In late 2005, eBay paid $3.1 billion and acquired Skype and had a huge one-time loss of $936 million due to huge earn out by Skype stockholders. Eventually, eBay sacked co-founder and Chief Executive Officer Niklas Zennstorm.

These events portray eBay willingness to remove the burden of Skype or at least increase the performance.
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