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eBay to Buy GSI Commerce for $2.4 Billion

SAN JOSE, Calif. -- EBay has agreed to buy GSI Commerce, a digital marketing and e-commerce company, for $2.4 billion. Ebay Inc. says the acquisition will bolster its capacity to connect buyers and sellers around the world. The online marketplace operator has agreed to pay $29.25 per share, a 51 percent premium to GSI's...

Atlanta 6-Year-Old Sells Art for Japan

Like many a sentimental mom, Keely Muse kept all of her daughter's preschool artwork. She probably never dreamed she'd one day sell it to help struggling people across the globe. Tuesday Muse, a 6-year-old kindergartner, may not understand the scope of devastation in Japan, but she knows enough to want to help. "I saw...

Justin Bieber's Hair Clippings Raise More Than $40,000 for Charity [VIDEO]

NEW YORK -- Justin Bieber's hair is officially the stuff of legend: His hair clippings have sold for more than $40,000 on eBay. After the 17-year-old pop sensation chopped off some of his famous locks, he brought the clippings to the "Ellen" show. Host Ellen DeGeneres put them on eBay. When the bidding ended, the...

Terrelle Pryor and a Brief History of NCAA Athletes Selling Things

Question: When can't you sell something someone gave you? Answer: When you're a college football player. Quarterback Terrelle Pryor and four of his Ohio State University teammates have been suspended by the NCAA for the first five games of next season for selling football memorabilia and exchanging autographs for tattoo...

Tragedy Inspires Bereaved Father to Improve Online Safety

Losing a child is the worst thing that can happen to a parent -- especially if the child is killed by an Internet predator. Reza Jou, a NASA employee in Houston, knows that pain, and he has vowed to do all he can to prevent any other parent from going through his pain. Three years ago, Jou's daughter, San Diego State...

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EBay's 'Buy It New' Rebranding Angers Devoted Used Goods Sellers

As companies like Netflix ( NFLX ) and Facebook have learned, having a rabid Internet fan base has its downsides.

Background on ebay

eBay Inc. () is an American multinational internet consumer-to-consumer corporation that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide.

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