eBay News: Big Business, Not Small, for Future

At eBay's annual meeting yesterday, CEO John Donahoe sought again to plot a return to success. Once again, long-term plans trend away from auctions, small sellers, and niche buyers, toward fixed-price, overstock, and diamond-level Power Sellers.

Bright spots included PayPal and Skype, but analyst reaction has been mixed, as has the reaction of the eBay community, especially the ever-more-marginalized community of hobbyist, specialty, and small business sellers. See coverage at:

     • Business Week
     • Reuters
     • CNN Money

The cave-dwelling family who posted their home for sale on eBay in hopes of finding a mortgage reprieve has found one. Thanks to a private lender who saw coverage of the family's plight and eBay maneuvering, the family will continue to occupy their stony home. See coverage at:

     • Business Week
     • Associated Press