eBay to buy Shopping.com for $620 million

eBay said it would buy Shopping.com for $21 per share in cash, or $620 million.

"The acquisition of Shopping.com will allow us to provide even more opportunities for our sellers," Bill Cobb, president of eBay North America, said in a statement. "Shopping.com's comparison technology simplifies the online shopping experience and the Epinions' community of reviewers is a great match with our own. Together with the outstanding management team at Shopping.com, I believe we can accomplish some amazing things on behalf of our buyers and sellers."

Featured Video
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Microsoft leaves Apple in the dust with tablet and laptop innovation in 2015

Will there be one Apple Ring to rule them all? That's what a patent application says. Plus, building the thinnest gadget isn't innovation anymore and Apple just got a reality check from Microsoft.

by Brian Tong