An excellent development occurred for Ebay on Monday March 3rd. Skype has teamed up with Oprah and bestselling author Eckhart Tolle for an exclusive, Skype-sponsored, worldwide online class. For starters, this is huge news as it allows Skype to enter the US household. Oprah appeals to many viewers in the United States. Although Skype is well known in Europe and Asia it is virtually unknown in the United States. Oprah wouldn't team up with Skype if she felt it was a fly by night outfit. Thus I believe this is ground breaking news. One of those little cracks that fall through and barely create a whimper until millions of households throughout the U.S. begin to familiarize themselves with Skype.
On a side note why was it necessary for Reuters to issue a press release stating Ebay's mention of their risks in their annual report. Every company lists their risks in their reports. For example a company goes out of its way to list every possible risk. One wonders why they didn't add the following: if a meteor was to strike earth, this may hurt Ebay's chances of doing business or in the event of a nuclear war Ebay may have difficulty operating. Thus Reuters took it upon itself to dedicate an entire article to this common annual report news of potential risks. A novice investor upon viewing this report would have alarm bells going off in his/her head. Reuters should take more responsibility in their actions or else they may have many angry people on their hand who sold on this news which was very biased indeed. Shame on you Reuters
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