BRIEFCASE.Byline: -- Staff and Wire Services Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. to get new Grill Grill Concepts Inc. has announced plans for its sixth flagship Grill on the Alley restaurant to open in The Promenade at Westlake in Thousand Oaks next summer. The Westlake Grill on the Alley will accommodate up to 200 guests in 7,700 square feet of indoor and patio dining space. It will be on the corner of Westlake and Thousand Oaks boulevards. The Promenade at Westlake, a Mediterranean-style outdoor shopping and entertainment center, features 210,000 square feet of retail space. EBay taking big hit with Skype SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- EBay Inc. announced Monday that the co-founder and chief executive of its Skype division was stepping down, and that the parent company would take $1.43 billion in charges for the Internet phone service See VoIP. division. Of the charges to be taken in the current quarter, $900 million will be a write-down in the value of Skype, eBay said. That charge, for what accountants call impairment, essentially acknowledges that San Jose-based eBay, one of the world's largest e-commerce companies, drastically overvalued Overvalued A stock whose current price is not justified by the earnings outlook or price/earnings (P/E) ratio and thus, expected to drop in price. Overvaluation may result from an emotional buying spurt, which inflates the market price of the stock or from a deterioration in a the $2.6 billion Skype acquisition, which was completed in October 2005. File-share trial to begin today MINNEAPOLIS -- A group of record companies says Jammie Thomas illegally shared everything from Enya to Swedish death metal online. Today, she will become the first of 26,000 people sued by the recording industry to take the case to trial. The Brainerd, Minn., resident is accused of illegally sharing 1,702 songs for free on a file-sharing network. Her trial offers the first chance for both sides in the debate over online music sharing See peer-to-peer network. to show a jury its version of the facts. Thomas is accused of violating the song owners' copyrights. Her lawyer says the record companies haven't even proved she shared the songs. Yahoo unveiling new upgrades SAN FRANCISCO -- Yahoo Inc. has retooled its online search engine to make it more helpful and engaging, joining an industrywide in·dus·try·wide adv. & adj. Throughout an entire industry: sales that have decreased industrywide; industrywide cooperation. wave of improvements that so far haven't dented Google Inc.'s dominance. The Sunnyvale-based company regards the upgrade to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. today as the most significant change to its search engine since it reclaimed control of the underlying technology nearly 3(bul) years ago. If nothing else, the improved search engine should boost Yahoo's employee morale because it backs up co-founder Jerry Yang's vow to re-establish the company's reputation as an Internet innovator, said Standard & Poor's equity analyst Scott Kessler. Yang returned to the company and replaced Yahoo Chairman Terry Semel Terry Semel (born on February 24, 1943 in Brooklyn, New York, U.S.A.) is a notable American corporate executive who was the chairman and CEO of Yahoo! Incorporated. Previously, Semel spent 24 years at Warner Brothers, where he served as chairman and co-chief executive officer. as chief executive in June. |
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