Who owns the site?

The site is founded by Pierre Omidyar in 1995. Pierre Omidyar is a French American computer programmer.

Did they also own any traditional media business?

Yes, they also brought Skype in 2005 to expand their customers to 480 million users worldwide. However eBay sold Skype in November, 2009.

What is its revenue?

Revenue- 9.156 billion (2010)

What is its overall worth?

Market Value-$ 41,910,442,680 (Approx 42 billion)

Research five key facts about the institution.

v  eBay launched in UK in 1999and it was the UK’s largest online market place

v  More than 68,000 people earn their primary or secondary income from trading on eBay.co.uk

v  eBay users worldwide trade more than $1,839 worth of goods on the site every second

v  The most expensive item sold on eBay to date is a private business jet for $4.9 million.

Find three quotes about the institution?

v  “eBay bans trade in knives in UK “

v  “EBay sues Craigslist ad website “

List the key info provided on the company’s corporate homepage.

·         CONTACT INFOMATION

·         COMMUNITY

-         ANSWER CENTRE

-         DISCUSSION BROADS

-         GROUPS

-         NEWS

·         SELL/ BUY ITEM

·         CUSTOMER ACCOUNT PAGE

Ref

Market Value

http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=EBAY

http://www.nasdaq.com/symbol/ebay

facts

http://pages.ebay.co.uk/aboutebay/thecompany/companyoverview.html

http://pages.ebay.co.uk/community/aboutebay/news/pressreleases/fastfacts/04_2005.html

quotation

http://news.bbc.co.uk/1/hi/business/7879701.stm

http://news.bbc.co.uk/1/hi/business/7362221.stm

LONDON RIOTS- Debating the impact of social media on the london riots.

http://www.guardian.co.uk/uk/2011/aug/08/london-riots-blackberry-messenger-looting

London riots: BlackBerry to help police probe Messenger looting 'role'

Met police claim popular, encrypted and free Messenger service fanned riots in Tottenham and helped organise looting

• Josh Halliday
• guardian.co.uk, Monday 8 August 2011 19.20 BST
• Article history

 

Key points:

·         "BlackBerry has promised to help police investigate claims its Messenger service helped fuel and organise riots and looting in Tottenham, north London."

·        " BlackBerry Messenger (BBM) appears to be the favoured method of planning the unrest that has swept across north London since Saturday evening. "

·        " Although Twitter and Facebook have played a key role in past unrest in the capital, the Tottenham riots are thought to be the first in the UK so heavily orchestrated using BlackBerry Messenger"