Today eBay officially announced that it has come to purchasing agreements with mobile payment provide Zong in the amount of $240 million dollars in cash. Zong is responsible for the development of Facebook Credits and even had partnerships with Zynga, IMVU, Walt Disney’s Playdom and IAC’s Zwinky. Founded in 2008, Zong was previously owned by [...]

Apple sales data from the popular iPad 2 are pouring in on Thursday evening.  The sales data finally provides some kind of answer to who has been buying up the hot tablet and which models are customers drawn to.  Part of the sales data showed that 65% of iPad2 tablets sold on eBay went to [...]

Yahoo has just about managed to claim growth for another quarter but it wasn’t the kind of news that investors in the Internet company would have been looking for. A meagre 2% rise in revenues is made to look even worse considering Google’s 23% revenue increase announced earlier this month. The sale of HotJobs to [...]