Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Bill Me Later has been around for 8 years, and has sophisticated anti-fraud practices to ensure the people it bills later are in a position to pay when “later” finally arrives.
eBay is also spending US $390 million to buy Danish “classified advertising site DBA.dk and automotive marketplace BilBasen.dk” in what is touted as “one of the largest deals in Denmark’s history”, according to the NYTimes.
Apparently this deal has been in negotiation for four years, and has finally taken place.
As the NYTimes notes, eBay owns 25% of Craigslist, and also owns “Kijiji, Gumtree, Marktplaats, LoQuo and mobile.de”.
In other eBay Australia news, eBay’s push to make PayPal the payment mechanism of choice has come under further scrutiny.
Concerned consumer and eBay user Robert Vandermeer noted that the Australian Broadcasting Corporation (ABC TV) aired a report on its flagship current affairs program, the 7.30 Report, on Wednesday the 1st of October, which “investigated the EBS Fraud (which left about 3,000 ebay buyers and other creditors owed about $1.68 million) and related issues, including:
- shortcomings in eBay's member verification
- ease of eBay buyers being defrauded
- poor eBay motivation in genuinely managing fraud
- poor performance of eBay/PayPal in genuinely assisting victims of fraud
- poor dispute resolution and escalation processes by eBay and PayPal
- the inherent flaws in PayPal's Buyer Protection Policy
- government and regulators role in legislation and enforcement to curtail online fraud”.
Vandermeer writes that: “The ABC team interviewed and filmed Graeme Samuel (head of ACCC), A Superintendant of the Queensland Fraud Squad, academics, victims and others.
“eBay's [Australian spokesperson] Daniel Feiler was also interviewed and filmed and arrangements had been agreed to interview and film a spokesperson from PayPal, however PayPal withdrew from this at the last minute.
“It will be interesting to see how the investigation team finally drew these issues together and so the programme should be well worth watching.”
The ABC 7.30 report episode with the eBay story is available online at the ABC’s official website, and is also available to watch via YouTube.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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