Skype's revenue for the three months ending March 31 came in at a healthy $79 million, up 123 percent from the same quarter a year ago. The revenue tally was disclosed as eBay reported strong first quarter results and upped its 2007 outlook.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
At the Web 2.0 Expo in San Francisco, John Battelle talked with Jeff Weiner, executive vice president of Yahoo’s Network Division, talked about Yahoo's opportunity to turn its half a billion user base into a more closely connected community spending lots of time on Yahoo's network and competing against Google.
Sun Microsystems is looking to grow its $5 billion a year services business by taking a no strings attached approach. Ted Hoy, Sun's vice president of services, said at the company's New York office that the company is looking to distinguish itself in services by going easy on the hardware pitch.
Just yesterday it appeared that technology spending was solid despite a blip in the first quarter. IBM may have put the kibosh on that idea with its first quarter earnings.
Updated below: Research in Motion's BlackBerry has had an outage since late last night, but the company response was slow. If you dial the BlackBerry support line--877-255-2377--here's what you get: "Please be advised we are currently experiencing a service interruption that is causing delays in sending and receiving messages.
Notable headlines:Russell Shaw: BlackBerry outage reports pile up on the three major BB forums. BULLETIN: massive BlackBerry email failures Tuesday night.
Intel said at its Intel Developer Forum in Beijing that it will be adding WiMax notebook PCs and other small devices in 2008. The company also added that its next-generation Centrino processor technology "Santa Rosa" is on schedule for May.
Vonage said the Verizon patent suit could force the VOIP provider into bankruptcy. Vonage made that statement in its annual report filed with the Securities and Exchange Commission.
Yahoo reported its first quarter results and as expected those lofty Panama expectations didn't hold up. The company reported net income of 10 cents a share on revenue of $1.
If Intel is expecting a big bump from Vista--or AMD's miscues--it isn't showing it. Intel reported first quarter earnings of 22 cents a share, excluding a 5 cent tax gain.