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eBay (NSDQ: EBAY) announced two acquisitions—spending over $1.3 billion altogether—this morning designed to shore up its other parts of its business in the face of declining profits and stagnant traffic at its primary online auction site. The company also finally addressed layoff rumors and said...
Media buying and planning firm Aegis Group's latest acquisition is a little off the beaten path. It has bought fellow London-based company Clownfish, which helps advise marketers on crafting more eco-friendly, "sustainable" initiatives. The acquisition's terms weren't detailed, though Aegis said...
Online video search firm Blinkx, which is publicly traded on the AIM market, has dropped its public bid to acquire pay-per-click ad network MIVA. The London- and San Francisco-based Blinkx hadoffered $1.20 per share, valuing Miva at $41.13 million, a 54 percent premium over its early August stock...
A busy 24 hours at IAC (NSDQ: IACI) ... we wrote earlier about the pending soft launch of Tina Brown's The Daily Beast and now yet another update from search engine Ask.com, going live now with its "next generation." Goals include reducing searches to one click and providing direct answers on the...
Online "wikizine" company Zimbio has raised a $6.8 million first round led by Menlo Ventures, with Draper Richards participating, according to Venture Wire (via VentureBeat). The Redwood City, Calif. company provides the technology and network for the creation of community-produced interactive...
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