EBay’s buyer’s remorse

October 12, 2012

How do you know if you’re in a buyer’s market, or a seller’s?

Offline it’s pretty easy to know. There’s price pressure, abundance and not too many people vying for the same house, commodity or mint condition Pee-Wee Herman doll at the yard sale. In the land of the real, markets aren’t terribly efficient. Before the Internet changed everything, retailers were bound by geography and the ability (and willingness) of people to range. That’s why gas costs a lot more right off the highway exit than it does less than a mile down, where strangers would rather not venture. (Now, of course, there’s an app for that.)

Tech wrap: Wikipedia, Google protest anti-piracy bill

January 18, 2012

The English homepage of Wikipedia went dark and Google’s search page ran the logo “Tell Congress: Please don’t censor the web!” in protest of legislation designed to stop copyright piracy but the free online encyclopedia says “could fatally damage the free and open Internet.” Big tech names including Facebook and Twitter declined to participate in protests of the House of Representatives’ Stop Online Piracy Act and the Senate’s PROTECT Intellectual Property Act, despite their opposition to the legislation, unwilling to sacrifice a day’s worth of revenue and risk the ire of users.

Is Scott Thompson the ‘back to basics’ guy Yahoo’s needed all along?

January 6, 2012

Yahoo has once again gone outside the company to breathe new life into the once-mighty Internet titan: Scott Thompson, most recently the president of eBay’s PayPal division, takes the helm on Monday, January 9th.

Tech wrap: Will switch to QNX save RIM?

December 14, 2011

Research In Motion has already doled out a big helping of bad news ahead of its financial results on Thursday, but surprises could still await investors hungry for details about what many see as a new, make-or-break BlackBerry.

A more controlled stumbling with StumbleUpon channels

December 6, 2011

It’s been two-and-half years since online social media service StumbleUpon hit the eject button from eBay, its one-time corporate parent.

Tech wrap: EBay acts on Hunch

November 21, 2011

EBay said it acquired the data analysis firm Hunch to help it develop more recommendation technology for its online marketplace. Hunch analyzes data from social networks like Facebook and from questionnaires to make personal recommendations. EBay said Hunch will help it suggest relevant products for shoppers on its online marketplace. Chris Dixon, Tom Pinckney and Matt Gattis, who founded Hunch in 2009, will stay on at eBay and remain based in New York. The purchase price was not disclosed, although tech blog Uncrunched pegged it at around $80 million.

UPDATE-PayPal tries to lure retailers to mobile app

November 2, 2011

(Updates to explain “secure element” issue. Changes in bold in paragraphs 10, 11)

Tech wrap: Samsung, Google scream for Ice Cream Sandwich

October 19, 2011

Samsung and Google unveiled the first smartphone running on Google’s latest version of the Android operating system, dubbed “Ice Cream Sandwich”, which combines software used in tablets and smartphones, as they step up competition against Apple. The high-end model Galaxy Nexus was unveiled at an event in Hong Kong, after being delayed last week as a tribute to the late Steve Jobs.  “This will be our strategic product for year-end holiday season, as (Apple’s) iPhone 4S just came into the market,” Samsung’s JK Shin said.

Tech wrap: Apple’s iOS 5 debuts

October 12, 2011

Apple rolled out its iOS 5 mobile operating system, one week after pancreatic cancer claimed the life of its former CEO and visionary Steve Jobs. The update adds voice recognition software called “Siri”, instant messaging and support for Apple’s iCloud service, although the inclusion of Siri is limited to the iPhone 4S. MacWorld’s Dan Moren says the free update is “ambitious” and that “there’s hardly a part of Apple’s mobile operating system that isn’t altered in some way”. Engadget’s Dante Cesa says that “other than turn-by-turn navigation, more multitasking APIs and some delectable widgets, there isn’t much, headline-wise, left on Apple’s hit list for iOS 6“.

Tech wrap: Apple’s valuation flirts with Exxon’s

July 20, 2011

Apple shares neared a record $400, a day after the world’s most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades. Apple’s climb brought the maker of the iPhone and iPad within shouting distance of Exxon Mobil’s market value of more than $400 billion despite the oil and gas producer raking in more than four times Apple’s annual revenue.