eBay's new dispute resolution process may anger sellers over refund reimbursement clause. eBay today announced it will take a more active role in resolving transaction disputes between buyers and sellers and start directing buyers to eBay directly, rather than sending complaints to PayPal, the company's online payment unit. The news comes during a time when eBay is currently shifting its marketplace focus from online auctions to more fixed-price sales, in attempt to keep pace with rival Amazon (NASDAQ: AMZN), and recently opened up a new seller system called Large Merchant Services for high-volume catalog sellers.…
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Intel makes a bold call, but the company's guidance leaves room for doubt. Intel (NASDAQ: INTC) called a bottom in the PC market late Tuesday, but investors acted like they didn't believe it. Intel posted first-quarter earnings and sales that were down significantly, yet still managed to beat expectations. But the biggest news was an accompanying statement by CEO Paul Otellini that read, “We believe PC sales bottomed out during the first quarter…
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The online auctioneer and the pioneering VoIP service could part ways within a year, if all goes well. Online auction giant eBay is planning to take plans its Skype Internet telephony unit public, with an Initial Public Offer planned for the first half of 2010. The move could mark the final chapter in eBay's (NASDAQ: EBAY) dealings with Skype, the Voice over IP (VoIP) service it purchased in 2005 for $2.6 billion…
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The tech sector added to its gains on Wednesday, thanks to iPods, PayPal and upgrades. The Nasdaq tacked on another 1% to Tuesday's big gains, while HP (NYSE: HPQ), Apple (NASDAQ: AAPL) and eBay (NASDAQ: EBAY) led the tech sector higher. Apple rose 4.6% after the company unveiled its latest iPod. HP shares surged 5.8% on a UBS upgrade on valuation. The company's shares have fallen sharply since it reported lower than expected…
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