Online auction giant eBay announced Tuesday it has agreed to sell 65 per cent of its stake in Skype to a group of investors in a deal that values the web communications service at US$2.75 billion.
Telstra's former chief executive Sol Trujillo received a total remuneration of $9.06 million, including salary, bonuses and termination payments, for the 2008/09 financial year, it was revealed today.
Global credit information group Experian is still withholding $19.8 million of payouts relating to its acquisition of Australian internet monitoring firm Hitwise in April 2007, according to a leaked letter to shareholders.
REA Group chief executive officer Simon Baker has unexpectedly departed from the company just five months after he was reappointed as its leader.
Yahoo announced on Tuesday that it will hold its annual shareholders meeting on 1 August, setting the stage for a contentious proxy battle with billionaire shareholder Carl Icahn.
The fact that Australia won't be represented at either of the globe's pre-eminent showcases for emerging tech companies should be considered a national disgrace.
An online video start-up launched by three Australian entrepreneurs (including,apparently, an old acquaintance of mine from university) has been bought by Google subsidiary YouTube for a reported US$15 million.
The remaking of the post-Trujillo era of Telstra continues apace, with Catherine Livingstone starting to put her own stamp on what was a fractious and fractured boardroom.
Sol Trujillo's payout disclosed in Telstra's remuneration report attracted a lot of attention as soon as it was released. But the real story in the report is about the over-the-top pay deals stitched up by Trujillo before he left.
Telstra chief executive Sol Trujillo will leave Telstra in a better position than when he arrived in 2005, but his successor will have to manage plenty of difficult legacy issues.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
Lawyer Eric Sinrod takes a closer look at claims by RTI on the search giant's use of Internet phone technology.
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The long-awaited separation of Telstra
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