Tuesday, April 14, 2009

EBay Unloads StumbleUpon - WSJ.com

Looks like a new trading pattern for eBay

EBay Inc. has sold recommendation engine StumbleUpon, a move likely to heighten speculation the struggling e-commerce giant may soon move to unload Internet-telephony unit Skype.

EBay, which bought StumbleUpon two years ago for $75 million, said it had become apparent there are few long-term, strategic synergies between StumbleUpon and eBay's other units. The San Jose, Calif., company didn't disclose how much it sold StumbleUpon for.

EBay Unloads StumbleUpon - WSJ.com

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