| eBay CEO, Meg Whitman, is rumored to be retiring after ten years as CEO. According to the Wall Street Journal, the departure could happen within the next few weeks. Meg, joined the company six months before it went public when they had 30 employees; today, they have 15,000.
Time Warner is planning to put caps on the amount of bandwidth people get when using their high speed internet. Users that exceed the limit will be charged for every megabyte above the threshold.
Venture Capital investments set a new six year high with an 11% increase over last year, a total of $29.4 billion in VC funding for new businesses.
Apple has projected a net profit of $1.58 billion for the first quarter of 2008, an increase of more than 30% over the first quarter of ‘07. Steve Jobs says the increase comes from starting the year with a strong new product line, including the Macbook Air, Mac Pro and, iTunes Movie Rentals.
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