impairment

 

Skype CEO Steps Down, eBay Takes Impairment Charge

eBay Inc. said Monday Skype co-founder and CEO Niklas Zennstrom has stepped down. Zennstrom helped found the Internet phone company in 2003 and will become executive chairman of its board. Michael van Swaaij, the companys chief strategy officer, will serve as CEO of Skype until it finds a permanent successor. eBay Inc. also said Monday […]

XO Records Impairment Charge in Results

XO Communications Inc. on Friday reported an annual net loss of $405.6 million on revenue of $1.3 billion. The Reston, Va., national telecommunications carrier said revenue of $369.4 million in the fourth quarter rose 42 percent over the period a year ago, but XO recorded a quarterly loss of $271.4 million. The loss was due […]

Triggers Signal Stop to UNE-P Traffic

Posted: 10/2003 Triggers Signal Stop to UNE-P Traffic By Josh Long The FCC has listed two triggers that generally would require state regulators to eliminate a resale platform local phone companies predominantly use to serve homes and small businesses. In a nearly 600-page order released in August, the FCC said states must eliminate switching as […]

The ID is: 76399