The on-line auction site eBay has announced that the Ebay/Skype lawsuit has reached a settlement, and that the selling of Skype’s controlling interest will continue.
The conflict began when Skype owners expressed their discontent with how eBay was handling their business. During this time eBay proceeded to sell Skype to a group of investors [...]

Microsoft announced today that they will be cutting 800 more jobs worldwide, in order to cope with the decline in demand for their products. The latest cuts complete a round of layoffs first announced in January which total 5,000.

CEO Steve Ballmer originally stated that the number of layoff would be around 5,000, however [...]

You may remember that we reported on a story in September, in which Dell made a bid to acquire Perot Systems. Today Dell announced that they have completed their $3.9 billion offer for the consulting service. Dell will now own more than 90 percent of Perot Systems.
The acquisition will create a new business unit [...]

This morning Amazon announced that they have officially closed their Zappos acquisition deal for a reported $1.2 billion. News of the acquisition first broke in July of this year, with the original evaluation set at $928 million.
Zappos CEO Tony Hsieh stated “I’m happy to say that we officially closed the deal at the split [...]

Although Lists were officially rolled out on Thursday, Twitter had to disable them due to technical issues. Yesterday the list feature was only available to about half of the Twitter community. Today however, all Twitter users are now enjoying the feature.
You are now able to build your own lists on the micro-blogging site, as [...]

Nintendo is reporting some sagging numbers today for their first-half earnings. Poor sales and a price cut on the Wii have been blamed for a 52 percent drop in earnings. Nintendo is also reporting that sales have dropped 34 percent.
During the first half of their fiscal year Nintendo sold 5.75 million Wii consoles, which is [...]