EBay buys Shopping.com for $620 million
By James Niccolai
EBay Inc. has continued its acquisition spree by agreeing to buy comparison shopping site Shopping.com Inc. for about US$620 million in cash, the companies said Wednesday.
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No-frills, low-tech cell phones come to Europe
By John Blau
After spending billions of euros on acquiring new 3G (third-generation) mobile broadband licenses, billions more on building the sophisticated wireless networks and still more on promoting the high-speed data service, numerous mobile phone operators in Europe are now launching new no-frills, low-tech cell phones and services.
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As Salesforce.com grows, analysts probe ROI
By Stacy Cowley
Salesforce.com Inc. recently reported first-quarter results showing growth of more than 80 percent in its paid-subscribers count and revenue from the year-ago period, then followed that news by announcing two high-profile endorsements this week: a partnership with Accenture Ltd. and a 5,000-seat licensing deal at Merrill Lynch & Co. Inc. But as Salesforce.com's star continues to rise, analysts are stepping up their warnings to customers that hosted applications can carry steep costs over the long run, especially for larger organizations.
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Siebel drafts retention plan to keep staff amid rumors
By Stacy Cowley
Siebel Systems Inc. has adopted a set of employee benefits plans guaranteeing its workers severance payments and continued health-care coverage if the company is acquired, a move Siebel said is necessary to retain employees amid widespread speculation about the company's future.
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SSA raises $99 million in IPO
By Stacy Cowley
Enterprise software vendor SSA Global Technologies Inc. raised US$99 million in an IPO (initial public offering) on Thursday that saw the company's shares close on the Nasdaq exchange right at their initial price, $11.
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Skype offers services through affiliates
By John Blau
Skype Technologies SA aims to generate more business from its Internet telephone service by rewarding partners who agree to promote and sell it.
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Salesforce.com President Patricia Sueltz departs
By Stacy Cowley
Barely more than a year after Salesforce.com Inc. poached Patricia Sueltz from Sun Microsystems Inc. to head the hosted CRM (customer relationship management) vendor's marketing and operations, Sueltz has quietly left the company. Salesforce.com said in a regulatory filing that Sueltz resigned last Tuesday as its president of global operations.
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PalmSource CEO steps down
By Laura Rohde
Following in the footsteps of its former parent company, PalmSource Inc. is parting ways with its first chief executive officer (CEO) and will be headed by an executive within the company on an interim basis as it searches for a replacement, the handheld OS (operating system) provider announced Monday.
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Ask Jeeves buys Excite Europe
By Laura Rohde
Ask Jeeves Inc. is continuing its European expansion with the acquisition of Excite Italia BV from Tiscali SpA for an undisclosed sum, the Web search engine company announced Friday. Excite Italia operates Excite Europe.
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MIT's Negroponte expects $100 laptops next year
By Martyn Williams
An ambitious plan by the Massachusetts Institute of Technology's (MIT) Media Lab to develop and distribute a laptop computer costing no more than US$100 is expected to take a major step forward next month with the receipt of the first order.
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