A $1 billion share buyback boosted Amazon.com shares Friday and drew investors into technology shares for a second day.
After plunging 5% in the first three days of the week on slowdown fears, the Nasdaq has gained more than 2% off Thursday's low despite a warning from Cisco that the slowdown is real.
But investors have begun to see signs of value in the sector, driven in part by Microsoft's nearly $45 billion bid for Yahoo. Shares of both companies edged higher Friday on reports that Yahoo's board is meeting to consider its options.
Amazon was another sign of value, up nearly 4% after the company said it will buy back shares and part of its debt too. Former sector leaders that have been battered in recent months, like Research In Motion, Apple and Google, also caught a bid today. With the Federal Reserve and Congress working feverishly to stimulate the economy, investors may be betting that the downturn will be short-lived.
CNET gained 8% on reports that Google may be weighing a stake in the company.
McAfee, Cognizant and Adept Technology gained on their results, and HP recovered much of Thursday's 4% drop on a Goldman Sachs downgrade.
Alcatel-Lucent was off 4% after beating sales estimates but warning of a first-quarter loss and halting its dividend, as the company's troubles have been compounded by a slowing economy. Real Networks fell 5% on its results, and Aruba Networks tumbled 36% on a warning.
AMD fell 4% on reports that Dell may use fewer chips from the company.
Micron lost 6% following its analyst day.
Blue chip stocks, meanwhile, sagged on concerns that a bailout of bond insurers has yet to materialize.
The Nasdaq rose 11 to 2304, the S&P lost 5 to 1331, and the Dow fell 65 to 12,182. Volume declined to 3.75 billion shares on the NYSE, and 2.27 billion on the Nasdaq. Decliners led by a 19-13 margin on the NYSE, and 17-12 on the Nasdaq. Upside volume was 34% on the NYSE, and 65% on the Nasdaq. New highs-new lows were 31-97 on the NYSE, and 46-129 on the Nasdaq.
http://www.internetnews.com/bus-news/article.php/3727021/Amazon+Leads+Tech+Stocks+Higher.htm
Showing posts with label News. Show all posts
Showing posts with label News. Show all posts
Friday, February 8, 2008
Friday, February 1, 2008
A Buyers' Market at eBay
New CEO outlines spate of changes to improve buying experience and quality of sellers at online marketplace.
Caveat emptor? Not on Donahoe's watch!
Speaking at eBay's third annual e-Commerce Forum in Washington, D.C., newly minted President and CEO John Donahoe outlined a series of sweeping changes to eBay's fee structures, seller rankings and feedback mechanisms that will take effect in the coming months.
In this morning's keynote address to some 200 of eBay's top sellers, Donahoe followed up on the promise he made during last week's earnings call to move aggressively to improve the buying experience on eBay.
"Today, buyers expect a very high level of value, selection and convenience," he said. "Given these heightened expectations, eBay is in a crossroads."
"We can no longer afford to make incremental changes to meet our customers' needs," he added. "We need to redo our playbook, and we need to do it fast."
That new playbook includes pricing adjustments and several new mechanisms that tilt the marketplace in favor of honest sellers who work to improve the quality of the buying experience.
A poor shopping experience, marked by inaccurate product descriptions or excessive shipping fees or delays, deters a buyer from returning to shop at any part of eBay's site, not just from dealing with a single dishonest seller, Donahoe said.
Beginning Feb. 20, eBay will lower the insertion fees that sellers pay to list merchandise through fixed-price sales and in eBay stores. The goal is to reduce upfront risk. However, eBay will balance the revenue equation by increasing the final value fees it collects following a sale.
The new structure is designed to align fees with performance. The fees that sellers pay will be more closely tied to how much they actually sell, rather than how much inventory they display.
Final value fees will increase according to a tiered schedule, eBay said.
For sales up to $25, the fee will jump from 5.25 percent to 8.75 percent; for sales up to $1,000, the fee on the first $25 will increase to the same 8.75 percent, with the fee for the remaining balance ($25.01 to $1,000) moving up from 3.25 percent to 3.5 percent.
Those same rates will apply to sales of more than $1,000, while the final value fee for the amount exceeding $1,001.01 will hold steady at 1.5 percent.
After a five-week promotion, eBay will permanently eliminate fees basic Gallery photo-based listings, an announcement that drew cheers from the audience. In addition, eBay will introduce a tiered pricing structure for Featured Plus listings, reducing the lowest level from $19.95 to $9.95.
Donahoe said he expects upfront fees for some sellers to drop by as much as 50 percent.
As it restructures the marketplace to reward quality sellers, eBay will begin putting much more importance behind the Detailed Seller Ratings (DSR) it rolled out last year.
eBay will reward Power Sellers with consistently high DSRs by reducing the final value fees by 5 percent or 15 percent, depending on the seller's score.
Power Sellers enjoy a favorable presence in the eBay marketplace, and the designation is a tacit endorsement by the company. Starting in July, however, sellers will need to earn a minimum DSR score to retain their Power Seller status, Donahoe said.
Bill Cobb, eBay's outgoing North America president, expounded on the specifics of eBay's changes -- including adjustments coming to the search algorithm.
Beginning in March, eBay will skew the algorithm to boost exposure for sellers with the highest DSR rankings, effectively marginalizing sellers who mistreat their customers.
The Best Match criterion will become the default sorting method, and sellers with the highest DSRs for the past 30 days can expect to climb to the top of the search rankings.
"Looking ahead, DSRs are going to be playing an even more important role in eBay," Cobb said, after acknowledging that some sellers had expressed objections to the ratings system.
While eBay is amplifying the voice of its buyers, it is taking steps to limit the public feedback sellers can give.
Beginning in May, sellers will only be able to leave positive feedback about buyers. The move comes in address of the growing problem of retaliatory feedback that has been scaring many buyers away.
Cobb said that sellers leave retaliatory feedback about buyers at a rate eight times higher than the rate buyers do about sellers.
For sellers, he also outlined some seller-friendly tools eBay plans to roll out later this year. Those include increased back-end monitoring of suspect buyers, as well as a new dashboard that will provide sellers with the same information about their transactions that eBay's customer support staff sees.
Additionally, sellers will no longer need to authenticate a shipping address through PayPal, and eBay will start rewarding sellers who transact with repeat customers.
Today's address came as a call to eBay's sellers to ratchet up their standards for customer service. In the old days, when eBay first appeared, it was enough just to drive traffic to an e-commerce site, Donahoe said. That was 1995. On today's Web, buyers have options.
"As strong as we are today, the world is changing around us," he said. "Sometimes you have to be willing to throw out the playbook.
http://www.internetnews.com/ec-news/article.php/3724546/A+Buyers+Market+at+eBay.htm
Caveat emptor? Not on Donahoe's watch!
Speaking at eBay's third annual e-Commerce Forum in Washington, D.C., newly minted President and CEO John Donahoe outlined a series of sweeping changes to eBay's fee structures, seller rankings and feedback mechanisms that will take effect in the coming months.
In this morning's keynote address to some 200 of eBay's top sellers, Donahoe followed up on the promise he made during last week's earnings call to move aggressively to improve the buying experience on eBay.
"Today, buyers expect a very high level of value, selection and convenience," he said. "Given these heightened expectations, eBay is in a crossroads."
"We can no longer afford to make incremental changes to meet our customers' needs," he added. "We need to redo our playbook, and we need to do it fast."
That new playbook includes pricing adjustments and several new mechanisms that tilt the marketplace in favor of honest sellers who work to improve the quality of the buying experience.
A poor shopping experience, marked by inaccurate product descriptions or excessive shipping fees or delays, deters a buyer from returning to shop at any part of eBay's site, not just from dealing with a single dishonest seller, Donahoe said.
Beginning Feb. 20, eBay will lower the insertion fees that sellers pay to list merchandise through fixed-price sales and in eBay stores. The goal is to reduce upfront risk. However, eBay will balance the revenue equation by increasing the final value fees it collects following a sale.
The new structure is designed to align fees with performance. The fees that sellers pay will be more closely tied to how much they actually sell, rather than how much inventory they display.
Final value fees will increase according to a tiered schedule, eBay said.
For sales up to $25, the fee will jump from 5.25 percent to 8.75 percent; for sales up to $1,000, the fee on the first $25 will increase to the same 8.75 percent, with the fee for the remaining balance ($25.01 to $1,000) moving up from 3.25 percent to 3.5 percent.
Those same rates will apply to sales of more than $1,000, while the final value fee for the amount exceeding $1,001.01 will hold steady at 1.5 percent.
After a five-week promotion, eBay will permanently eliminate fees basic Gallery photo-based listings, an announcement that drew cheers from the audience. In addition, eBay will introduce a tiered pricing structure for Featured Plus listings, reducing the lowest level from $19.95 to $9.95.
Donahoe said he expects upfront fees for some sellers to drop by as much as 50 percent.
As it restructures the marketplace to reward quality sellers, eBay will begin putting much more importance behind the Detailed Seller Ratings (DSR) it rolled out last year.
eBay will reward Power Sellers with consistently high DSRs by reducing the final value fees by 5 percent or 15 percent, depending on the seller's score.
Power Sellers enjoy a favorable presence in the eBay marketplace, and the designation is a tacit endorsement by the company. Starting in July, however, sellers will need to earn a minimum DSR score to retain their Power Seller status, Donahoe said.
Bill Cobb, eBay's outgoing North America president, expounded on the specifics of eBay's changes -- including adjustments coming to the search algorithm.
Beginning in March, eBay will skew the algorithm to boost exposure for sellers with the highest DSR rankings, effectively marginalizing sellers who mistreat their customers.
The Best Match criterion will become the default sorting method, and sellers with the highest DSRs for the past 30 days can expect to climb to the top of the search rankings.
"Looking ahead, DSRs are going to be playing an even more important role in eBay," Cobb said, after acknowledging that some sellers had expressed objections to the ratings system.
While eBay is amplifying the voice of its buyers, it is taking steps to limit the public feedback sellers can give.
Beginning in May, sellers will only be able to leave positive feedback about buyers. The move comes in address of the growing problem of retaliatory feedback that has been scaring many buyers away.
Cobb said that sellers leave retaliatory feedback about buyers at a rate eight times higher than the rate buyers do about sellers.
For sellers, he also outlined some seller-friendly tools eBay plans to roll out later this year. Those include increased back-end monitoring of suspect buyers, as well as a new dashboard that will provide sellers with the same information about their transactions that eBay's customer support staff sees.
Additionally, sellers will no longer need to authenticate a shipping address through PayPal, and eBay will start rewarding sellers who transact with repeat customers.
Today's address came as a call to eBay's sellers to ratchet up their standards for customer service. In the old days, when eBay first appeared, it was enough just to drive traffic to an e-commerce site, Donahoe said. That was 1995. On today's Web, buyers have options.
"As strong as we are today, the world is changing around us," he said. "Sometimes you have to be willing to throw out the playbook.
http://www.internetnews.com/ec-news/article.php/3724546/A+Buyers+Market+at+eBay.htm
Monday, January 28, 2008
America's Best-Paying Jobs

Mean Annual Salary: $181,850
Top Paying Industry: Medical and diagnostic laboratories (NA)
Top Paying State: Maine ($196,960)
Top Paying Metro: St. Cloud, Minn. (NA)

Mean Annual Salary: $174,610
Top Paying Industry: Offices of physicians ($182,360)
Top Paying State: New Jersey ($197,780)
Top Paying Metro: Savannah, Ga. (NA)

Mean Annual Salary: $174,490
Top Paying Industry: Insurance carriers ($189,640)
Top Paying State: South Dakota ($197,090)
Top Paying Metro: Tallahassee, Fla. (NA)

Mean Annual Salary: $169,600
Top Paying Industry: Offices of physicians ($184,760)
Top Paying State: North Carolina (NA)
Top Paying Metro: Minneapolis-St. Paul, Minn.-Wisconsin (NA)

Mean Annual Salary: $156,790
Top Paying Industry: Medical and diagnostic laboratories ($179,310)
Top Paying State: South Dakota ($186,000)
Top Paying Metro: Fort Pierce-Port St. Lucie, Fla. (NA)

Mean Annual Salary: $156,710
Top Paying Industry: Offices of dentists ($182,640)
Top Paying State: Virginia (NA)
Top Paying Metro: Washington, D.C.-Maryland-Virginia-West Virginia ($191,090)

Mean Annual Salary: $153,240
Top Paying Industry: Offices of dentists ($156,050)
Top Paying State: Washington (NA)
Top Paying Metro: Los Angeles-Long Beach, Calif. ($188,610)

Mean Annual Salary: $151,380
Top Paying Industry: Social advocacy organizations ($192,910)
Top Paying State: Colorado ($190,180)
Top Paying Metro: Springfield, Mo. ($195,450)

Mean Annual Salary: $140,880
Top Paying Industry: Securities and commodity exchanges ($189,950)
Top Paying State: New Jersey ($172,960)
Top Paying Metro: Jersey City, N.J. ($188,070)

Mean Annual Salary: $140,000
Top Paying Industry: Elementary and secondary schools ($145,240)
Top Paying State: Louisiana ($176,810)
Top Paying Metro: Columbus, Ga.-Alabama ($193,640)

Mean Annual Salary: $137,980
Top Paying Industry: Medical and diagnostic laboratories ($170,500)
Top Paying State: Nevada ($173,660)
Top Paying Metro: Victoria, Texas (NA)

Mean Annual Salary: $137,100
Top Paying Industry: Medical and diagnostic laboratories ($177,500)
Top Paying State: Wisconsin ($174,370)
Top Paying Metro: Owensboro, Ky. (NA)

Mean Annual Salary: $134,090
Top Paying Industry: Scheduled air transportation ($144,140)
Top Paying State: New York ($159,010)
Top Paying Metro: New York City ($175,130)

Mean Annual Salary: $132,660
Top Paying Industry: Offices of dentists ($135,560)
Top Paying State: Alaska ($184,460)
Top Paying Metro: Colorado Springs, Colo. ($198,650)

Mean Annual Salary: $111,130
Top Paying Industry: Offices of other health practitioners ($116,820)
Top Paying State: Kentucky ($170,740)
Top Paying Metro: Birmingham, Ala. ($185,230)
http://www.forbes.com/2006/05/20/06work_bestpayjobs_slide.html?thisSpeed=35000
Friday, January 25, 2008
The Top 100 Products from PC World
Google Apps Premier EditionVendor Site
Intel Core 2 Duo
Nintendo Wii
Verizon FiOS Vendor Site
RIM Blackberry 8800
Parallels Desktop
Pioneer Elite 1080p PRO-FHD1
Infrant Technologies ReadyNAS NV
Apple Mac OS X 10.4 "Tiger"
Adobe Premiere Elements 3
Apple TV
Samsung SyncMaster 244T
BillP Studios WinPatrol
HP dv9000t
McAfee SiteAdvisor
Canonical Ubuntu 7.04 Review
Pandora.com Review
Microsoft Xbox 360 Elite
Paint.net
Hitachi Deskstar 7K1000
SightSpeed 6
Kayak Web Site
Nikon D40X
New York Times Times Reader Vendor Site
Samsung BlackJack
Apple iPod (80GB) Test Report
Yahoo Mail Beta Vendor Site
TomTom One
Dell UltraSharp 2407WFP
Zoho Review
Google Gmail Vendor Site
Sling Media Slingbox Pro
Red Octane Guitar Hero 2
Google YouTube Vendor Site
Mozilla Firefox 2
Google Picasa
Nikon D80
Skype 3
Aliph Jawbone
Shure E500PTH
CyberPower Gamer Infinity Ultimate
Asus w5fe-2P025E
AVS Forum Web Site
Yahoo Flickr Review
Apple iPod Nano (8GB)
Nikon Coolpix S50c
Dell UltraSharp 2007WFP
OCZ Trifecta Secure Digital Memory Card
Archos 704 Wi-Fi
Lenovo ThinkPad X60 Tablet
Intel Core 2 Duo
Nintendo Wii
Verizon FiOS Vendor Site
RIM Blackberry 8800
Parallels Desktop
Pioneer Elite 1080p PRO-FHD1
Infrant Technologies ReadyNAS NV
Apple Mac OS X 10.4 "Tiger"
Adobe Premiere Elements 3
Apple TV
Samsung SyncMaster 244T
BillP Studios WinPatrol
HP dv9000t
McAfee SiteAdvisor
Canonical Ubuntu 7.04 Review
Pandora.com Review
Microsoft Xbox 360 Elite
Paint.net
Hitachi Deskstar 7K1000
SightSpeed 6
Kayak Web Site
Nikon D40X
New York Times Times Reader Vendor Site
Samsung BlackJack
Apple iPod (80GB) Test Report
Yahoo Mail Beta Vendor Site
TomTom One
Dell UltraSharp 2407WFP
Zoho Review
Google Gmail Vendor Site
Sling Media Slingbox Pro
Red Octane Guitar Hero 2
Google YouTube Vendor Site
Mozilla Firefox 2
Google Picasa
Nikon D80
Skype 3
Aliph Jawbone
Shure E500PTH
CyberPower Gamer Infinity Ultimate
Asus w5fe-2P025E
AVS Forum Web Site
Yahoo Flickr Review
Apple iPod Nano (8GB)
Nikon Coolpix S50c
Dell UltraSharp 2007WFP
OCZ Trifecta Secure Digital Memory Card
Archos 704 Wi-Fi
Lenovo ThinkPad X60 Tablet
Thursday, January 10, 2008
25 Sites Americans Can't Live Without
1. Amazon.com :: The uber-e-tailer that never forgets its bookstore roots.
2. BBC.co.uk :: World News. Sports. Radio. Articles and audio in 33 languages.
3. Citysearch.com :: Helps steer you to the right restaurants, bars, nightclubs, hotels and spas in dozens of cities, with editors' picks and user reviews, and a Yellow Pages directory that includes shops and other services.
4. Craigslist.org :: Free classified ads in every category, organized by locale. To access ads that are posted elsewhere online.
5. Del.icio.us :: An immensely popular place to share your favorite Web links and see what other people are bookmarking.
6. Digg.com :: The leader in social news, where users determine what's important and interesting by submitting it, "digging" it and posting a comment.
7. Ebay.com :: The online auction powerhouse sells one car every minute on eBay Motors; at StubHub, which eBay acquired in February.
8. ESPN.com :: The ads are way too aggressive, but this site's got everything a sports fanatic needs. Speedy Net connection a must.
9. Facebook.com :: This social network is not as popular as MySpace, but it also hasn't been corrupted by marketers and fake friends.
10. FactCheck.org :: Staff writers check speeches, TV ads, news releases and other public statements for accuracy, and provide clarification and context.
11. Flickr.com :: More than half a billion images are now posted on Flickr, a superbly designed sharing platform and social network for photo enthusiasts
12. Google.com :: The world's leading Web search engine has helpfully gathered together a complete list of its ever-growing range of special features, tips and tricks.
13. HowStuffWorks.com :: This site lets you upload photos and video to help supplement its written content.
14. IMDB.com :: [The Internet Movie Database] It is not just the Net's more extensive directory of films and TV shows of the past, present and future —it is also a stomping ground for film buffs who like to quote dialogue, share trivia and recommend favorite flicks to their friends.
15. YouTube :: This monster video-sharing hub has more visitors than all of its many competitors combined.
16. Kayak.com :: The search engine works fast, scouring hundreds of travel sites to find the best airfares. You can compare rates on different travel dates, or check prices to several destinations at once.
17. National Geographic.com :: There's a ton of great content here about animals, world adventures, the environment, the sciences, space plus educational stuff too.
18. Netflix.com :: Digital movie downloads are getting easier, but most consumers still prefer their movies on DVD, and those slim red sleeves are still the best way to get 'em.
19. Technorati.com :: This blog search engine now searches for social media too —photos, video and music posted on online sharing sites and a tag cloud on the home page shows you the hot topics of the day.
20. TMZ.com :: The best for celebrity and entertainment news. Recent scoops include a May 18 post about Andy Roddick's buffed-up bod on the cover of the June/July issue of Men's Fitness
21. USA.gov :: The official Web portal for the U.S. government, with links to every branch, agency and organization involved in federal business, plus reports, guides, reference material and other resources to help you navigate the system, and, whenever possible, get things done online.
22. Television WithoutPity.com :: Bitingly funny recaps of dozens of popular TV shows, plus forums for further discussion.
23. WebMD.com :: A big portal packed with information about health and related issues.
24. Wikipedia.org :: The people's encyclopedia, with millions of articles written in hundreds of languages. It's free, and anyone can edit.
25. Yahoo.com :: We've already singled out a few of our favorites from Yahoo's basket of goodies Flickr, Del.icio.us, Bix but the site is also number two in Web search.
http://www.time.com/time/specials/2007/article/0,28804,1638266_1638253,00.html
2. BBC.co.uk :: World News. Sports. Radio. Articles and audio in 33 languages.
3. Citysearch.com :: Helps steer you to the right restaurants, bars, nightclubs, hotels and spas in dozens of cities, with editors' picks and user reviews, and a Yellow Pages directory that includes shops and other services.
4. Craigslist.org :: Free classified ads in every category, organized by locale. To access ads that are posted elsewhere online.
5. Del.icio.us :: An immensely popular place to share your favorite Web links and see what other people are bookmarking.
6. Digg.com :: The leader in social news, where users determine what's important and interesting by submitting it, "digging" it and posting a comment.
7. Ebay.com :: The online auction powerhouse sells one car every minute on eBay Motors; at StubHub, which eBay acquired in February.
8. ESPN.com :: The ads are way too aggressive, but this site's got everything a sports fanatic needs. Speedy Net connection a must.
9. Facebook.com :: This social network is not as popular as MySpace, but it also hasn't been corrupted by marketers and fake friends.
10. FactCheck.org :: Staff writers check speeches, TV ads, news releases and other public statements for accuracy, and provide clarification and context.
11. Flickr.com :: More than half a billion images are now posted on Flickr, a superbly designed sharing platform and social network for photo enthusiasts
12. Google.com :: The world's leading Web search engine has helpfully gathered together a complete list of its ever-growing range of special features, tips and tricks.
13. HowStuffWorks.com :: This site lets you upload photos and video to help supplement its written content.
14. IMDB.com :: [The Internet Movie Database] It is not just the Net's more extensive directory of films and TV shows of the past, present and future —it is also a stomping ground for film buffs who like to quote dialogue, share trivia and recommend favorite flicks to their friends.
15. YouTube :: This monster video-sharing hub has more visitors than all of its many competitors combined.
16. Kayak.com :: The search engine works fast, scouring hundreds of travel sites to find the best airfares. You can compare rates on different travel dates, or check prices to several destinations at once.
17. National Geographic.com :: There's a ton of great content here about animals, world adventures, the environment, the sciences, space plus educational stuff too.
18. Netflix.com :: Digital movie downloads are getting easier, but most consumers still prefer their movies on DVD, and those slim red sleeves are still the best way to get 'em.
19. Technorati.com :: This blog search engine now searches for social media too —photos, video and music posted on online sharing sites and a tag cloud on the home page shows you the hot topics of the day.
20. TMZ.com :: The best for celebrity and entertainment news. Recent scoops include a May 18 post about Andy Roddick's buffed-up bod on the cover of the June/July issue of Men's Fitness
21. USA.gov :: The official Web portal for the U.S. government, with links to every branch, agency and organization involved in federal business, plus reports, guides, reference material and other resources to help you navigate the system, and, whenever possible, get things done online.
22. Television WithoutPity.com :: Bitingly funny recaps of dozens of popular TV shows, plus forums for further discussion.
23. WebMD.com :: A big portal packed with information about health and related issues.
24. Wikipedia.org :: The people's encyclopedia, with millions of articles written in hundreds of languages. It's free, and anyone can edit.
25. Yahoo.com :: We've already singled out a few of our favorites from Yahoo's basket of goodies Flickr, Del.icio.us, Bix but the site is also number two in Web search.
http://www.time.com/time/specials/2007/article/0,28804,1638266_1638253,00.html
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