New York - Skype, the Internet telephone service unit of eBay (NASD: EBAY), plans to launch an application that make its service available to users of Apple's (NASD: AAPL) iPhone tomorrow at a mobile industry trade show, and another in May that will enable its service for RIM's (NASD: RIMM) BlackBerry, Reuters reported. "The No. 1 request we get from customers is to make Skype available on iPhone. There's a pent-up demand," Skype COO Scott Durchslag told Reuters.

Honolulu - eBay founder Pierre Omidyar has co-founded a new venture, a twitter client called Ginx, and raised around $2 million in financing for the company, PEHub.com reported, citing a regulatory filing.

Washington - Though more than 1 million people are expected in DC for January's historic inauguration of President-elect Barack Obama, they won't be able to purchase highly coveted tickets to the event on eBay (NASD: EBAY).

San Jose, Calif. - eBay (NASD: EBAY), the online auction giant, said on Friday that it has completed its $945 million acquisition of Bill Me Later, developer of a service that allows customers to pay for their online purchases without using a credit card.

New York - After receiving scant support from cable TV networks, eBay (NASD: EBAY) has shut down its Web-based TV exchange after just over a year in operation, Adweek reports.

London - In what is thought will become the first prosecution in the U.K. involving pre-release music, a London-based DJ and music critic has been arrested on suspicion of theft and money laundering in connection with his alleged selling of 150 pre-release albums on eBay, according to a statement from the International Federation of the Phonographic Industry (IFPI), a record label trade group.

Los Angeles - News Corp.'s (NYSE: NWS) MySpace has announced the launch of a new "Data Availability" initiative, which will allow users to share their public profile data on third-party websites of their choosing, including Yahoo (NASD: YHOO), eBay, Photobucket and Twitter. The idea is to eliminate the need to update personal information across many websites, and instead use MySpace for updating, to include basic profile information, friend networks, photos, blog posts and videos.

Los Angeles - Digital civil liberties group the Electronic Frontier Foundation (EFF) earlier this week filed a brief on behalf of an eBay seller who was sued by Universal Music Group for reselling promotional CDs, arguing that the record label is violating copyright law's "first sale" doctrine.

DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

There was no shortage of news for the week of Jan. 21-25. The biggest story: The Federal Reserve lowered the benchmark federal funds rate by three-quarters of a percentage point to 3.5%, its lowest level since September 2005, but the Fed’s actions couldn’t stop an already shaky stock market from continuing its downward spiral. After a sharp mid-week increase on news of the rate cut, the DMW100 ended slightly lower on the week.

San Jose, Calif. - Days after reports surfaced that she would retire, Meg Whitman, the president and CEO of eBay (NASD: EBAY), made it official, saying that she plans to step down on March 31. She will be replaced by John Donahoe, who joined eBay in 2005 following six years as the worldwide managing director of Bain & Company.

Rockville, Md. - More than 1.3 million video game consoles were bought and sold on eBay in 2006, to the tune of $330 million, according to a report from market research firm Packaged Facts.