Tag: Daily Deals



EBay sells unit to reorganize

Minutes before today's split of EBay and PayPal, EBay has dumped its Enterprise unit for just short of $1 billion. The company helps run Ikea, Timberland and iRobot. The purchaser, a group that paid $925 million, includes private-equity firms Permira and Sterling Partners. EBay bought GSI Commerce for $2.4 billion in 2011 and converted it to the Enterprise business. The deal was supposed to help



EBay sells unit to re-organize

Minutes before today's split of EBay and PayPal, EBay has dumped its Enterprise unit for just short of $1 billion. The company helps run Ikea, Timberland and iRobot. The purchaser, a group that paid $925 million, includes private-equity firms Permira and Sterling Partners. EBay bought GSI Commerce for $2.4 billion in 2011 and converted it to the Enterprise business. The deal was supposed to hel



Microsoft & AOL unite against Google

Google will be the target of a union of AOL and Microsoft, who have inked a 10-year deal to replace Google as the search engine with Microsoft's Bing, according to Advertising Age. The deal targets Google's search leadership, and AOL will handle display, mobile and



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