Analysts value Skype at roughly $2 billion. But John Donahoe, CEO of parent company eBay, values it at more than that. Asked to put a price on the Internet telephony business, Donahoe declined, but he said $2 billion is “low.”
EBay reported Q1 sales and earnings this afternoon that fell from the same quarter last year, but beat analysts’ estimates just the same. The company’s revenue totaled $2.02 billion, down 7.8 percent from $2.19 billion in 2008. Earnings were 39 cents per share. Analysts had been expecting worse, with estimates of 1.94 billion in revenue and earnings of 34 cents per share.
The market for initial public offerings has been all but boarded up by the financial crisis. The unemployment rate in the restaurant business is nearing 10 percent after what Cowen & Co. restaurant analyst Paul Westra describes as “one of the most brutal years in history for the restaurant industry.” And fine-dining sales are forecast to fall 12 percent to 15 percent in 2009. But restaurant reservation service OpenTable is filing to go public anyway.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
Don't miss a post! Sign up for our Daily Email and get AllThingsD.com delivered each day.
Get columns, blogs and video from D and All Things Digital on your iPhone. Download now »
