Business

eBay has it's own social networks
by Corina Ciubotaru

Following recent figures showing a slowing growth, eBay has decided to change tactics and become friendlier to the customer. With the new Neighborhoods, the auction site will provide customers with the means to discuss products and review them through other means than the existing text forum, and will try to group together people with the same interests. A central theme seems to be the trick behind the most successful social networks like MySpace, and eBay is planning to take advantage that people go there to shop and establish something like an online cafe where they can meet and make friends. In its 12 years of existence, eBay gathered more than 14,000 employees and has become Google's largest online advertiser, bought Skype and grown to the point where it expects revenues of $7.6 billion this year. It's one of the biggest online companies in the online world and it's run by a woman CEO called Meg Whitman, who wants the company to mature at its own pace. Mrs. Whitman is a Harvard graduate, a self-made billionaire and one of the seven women mentioned always in Time magazine's list of World's Most Influential People. The acquisition of Skype was the first step towards adulthood, now it was time to go the extra mile and join the networking business, which is a move that company bosses firmly believe in. It brings together previously existing parts of the site, including eBay blogs, product listings, guides and reviews, in over 600 neighborhoods created so far.

related story: http://news.yahoo.com/s/ap/20071009/ap_on_hi_te/ebay_neighborhoods;_ylt=Alxk6YEfisefCS3t33.2Pfqs0NUE

by Corina Ciubotaru for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

posted by Blog TechSource @ 5:42 PM