Feeds

eBay names beancounter for top Skype job

Someone to count on

Internet Security Threat Report 2014

Ebay chief beancounter Rajiv Dutta has been named president of Skype as the online auction site attempts to capitalise on its $4bn acquisition of the VoiP outfit.

Dutta will work with Skype chief exec Niklas Zennstrom and eBay's head auctioneer Meg Whitman to help integrate the internet telephony business across eBay.

Whitman described Dutta's contribution to eBay over the last seven years as "enormous" and reckons he'll play "an even bigger role in eBay's future" by helping Skype reach its "full potential".

Curiously, it was this "full potential" that was of interest yesterday as eBay announced its latest set of results. Described as "a gamble", there are plenty who question whether the addition of VoIP software will be a hit with buyers and sellers.

But speaking yesterday Whitman said VoIP was jolly important and that phone calls would eventually be free, reports Reuters, with telcos making their cash from transactions or advertising.

Whitman was speaking as eBay reported record consolidated Q3 revenues of $1.1bn - up 37 per cent on the same period last year. At the same time operating income rose 40 per cent to $356.7m. Net income came in at $255m, compared to $182m last year.

Describing how the results exceeded the company's own top estimates, Whitman said: "We saw very strong growth across every part of our business in Q3."

While the US saw revenues increase 29 per cent to $449m, its international operations soared 42 per cent to $409m.

Looking ahead, eBay warned that profits would be reined back to pay for recent acquisitions including Skype. ®

Beginner's guide to SSL certificates

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.