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One of the major sellers on eBay has gone belly up, leaving many customers in the lurch. eBay says it will refund people who purchased with PayPal, even though it is not obliged to do so, but will leave everyone else in the cold. An eBay rebel says it could be a “cover up” and has explained why.

Published in Fuzzy Logic
“Don’t be fooled”, say the eBay rebels, “the PayPal Buyer Protection is entirely illusory”. They’ve made this claim for some time now but feel the failure of one of the largest sellers on eBay only bolsters their claim that eBay’s push to mandate PayPal is going in the wrong direction. Meanwhile, one of Australia’s big banks has responded to the group’s query over the safety of the decades old “Direct Deposit” system.

Published in Fuzzy Logic
Tuesday, 29 July 2008 02:48

IBM hot to trot in emerging markets

Keen to further boost its position in high growth emerging markets such as China and India, IBM has announced the establishment of its latest centres of excellence. IBM's business in the so-called BRIC (Brazil, Russia, India, China) market grew 31 percent in the second quarter, with India as the most significant contributor.

Published in Strategy


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