Stamps.com Results Flat, PhotoStamps Down (socalTech.com)

Los Angeles-based Stamps.com reported its results Thursday, saying that the firm had net income of $1.0M on revenues of nearly $20.2M in Q2, essentially flat year to year compared with $1.3M in income on $21.4M in revenues for the similar quarter last year. The company saw a steep drop in …

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Can eBay’s stock rebound? (CNN Money)

eBay’s core business of online auctions is struggling. Traffic has dropped as consumers favor websites with set prices, such as Amazon.com and Walmart.com. The stock is off nearly 70% since 2004. More: continued here

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