eBay’s making more than its share of news today. The online auctioneer already announced it’s cutting 1,000 jobs, plus “several hundred” other temporary positions and numerous as-of-yet unfilled positions — oh yeah, and also spending more than a billion dollars on new acquisitions at the same time. Drawing less headlines, though, is the [...]

Here’s some good news from eBay. The company has reached a definitive agreement to acquire Bill Me Later for approximately $820 million in cash and approximately $125 million worth of outstanding options, net of option exercise proceeds.
The acquisition would make eBay a stronger player in payments with Bill Me Later and PayPal under its [...]

The eBay backed community service Tokoni has launched after a year in public beta.
The service comes from former eBay executive Mary Lou Song and Skype President Alex Kazim, and is centered around story telling, but not through the use of blogs. VentureBeat calls it “a YouTube for stories” that is targeted at people who don’t [...]

An abandoned house in Saginaw, Michigan has sold on eBay for $1.75.
The Saginaw house was picked up by 30 year old Joanne Smith from Chicago, who out bid 7 other bidders to acquire the house. Smith told AP that she had no plans to move into the house, and hoped to sell it for [...]

The eBay owned website discovery service StumbleUpon (well eBay owned for now, if the rumors of the site being on the market are true) is set to relaunch with a major overhaul that removes the need for users to install the StumbleUpon browser plugin.
According to MG Siegler at VentureBeat, the new StumbleUpon will be [...]

There’s telephoto lenses, then there’s the Canon 5200mm F14 lens pictured above that has appeared on eBay with a starting price of $55,000.
The lens is one of only three made and was shipped to China where it saw little use, according to the auction details. It takes two people to lift, and can be mounted [...]

eBay has filed suit against Digital Point Solutions, best known as the owner of one of the more popular web site owner communities, and others over an alleged cookie stuffing scheme.
According to the filing lodged in the Northern California District Court, Shawn Hogan and Digital Point Solutions, Todd Dunning and Kessler’s Flying Circus, and Brian [...]

eBay is tinkering with the very core of its business model. The company is planning to start focusing more on its fixed-price sales as opposed to its auction-oriented sales. The shift is expected to be announced sometime today, The New York Times says.
The change, of course, positions the site right in line with [...]

What do you do if one day you discover your husband cheating on you?
An Australian woman is taking it on to eBay. She is auctioning off her husband’s “size small” condom packet and his mistress’s “huge panties”– evidences that she gathered when she caught them.
The wife, Anna from Queensland, said that she [...]

Ever wonder who’s on top when it comes to Web 2.0 services? Hitwise Intelligence has some answers.
The research company has released a list of the top 20 Web 2.0 sites based on U.S. visits in July. It used Wikipedia’s definition of a service designed “to enhance creativity, information sharing, and, most notably, collaboration [...]

Greg Krause of Chicago is running the New York Marathon this coming November. He is backed by SnoreStop after winning the bid on eBay to sponsor a runner during the marathon who has agreed to seriously compete in the event wearing pajamas.
Despite wearing an attire that might inhibit another competitor, however, Krause welcomes the challenge [...]

Online video management company Qumu has a hefty $10.7 million in new funding this week. Qumu secured the Series C funding from several investors, including Advanced Technology Ventures and SAP Ventures.
Qumu provides video streaming solutions for high-profile companies such as Microsoft, Dell, and eBay. It’s also working with AT&T in a “strategic [...]

Google is teaming up with eBay and Paypal to help protect Gmail users from phishing scams.
The web-based mail service will now authenticate any e-mails coming from paypal.com or ebay.com. The move is an effort to combat the large number of spoofed messages that appear to originate from those domains. Now, any e-mails claiming [...]