Renault Says 2006 Profit Fell on Weak Sales
By: AP
News Corp.'s Web network MySpace has been in talks for several months with online auction company eBay about a partnership, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The idea is to let MySpace users buy and sell items from each other using eBay's online-commerce technology and its PayPal payment system, the Journal said, adding that MySpace users would be able to post items for sale on their profiles, and their eBay auctions would be automatically updated, according to a person close to the discussions.
Officials from MySpace and eBay were not immediately available to comment.
Renault SA said Thursday its net profit fell 14.8% in 2006, weighed down by falling sales in Europe, but predicted an upturn in profitability when it launches new models in the second half of this year.
