Articles About EBay

As Hostess Brands, Inc. – the 80-plus-year-old baker of such iconic brands as Twinkies, HoHos, Hostess CupCakes, DingDongs and Wonder Bread – enters into liquidation and probable acquisition, the online price of the sugar-filled delicacies is soaring. As soon as Hostess announced the end of production, Twinkie lovers started scrambling to buy every Twinkie they […]

Linsanity has infected New York City. The economic impact of Jeremy Lin, the 23-year-old basketball phenomenon for the New York Knicks in just one week is hard to grasp. According to Times’ Brad Tuttle, “The phenomenon of undrafted Harvard grad and previous NBA benchwarmer Jeremy Lin is translating into serious money, as Knicks’ ticket prices […]

The global apartment sharing startup AirBnB has raised $112 million at a $1.3 billion valuation, confirming rumors about the fast-growing company which books rooms, apartments and houses in destinations from New York to San Francisco to Hawaii to London to Paris to Barcelona to Buenos Aires.  The round was led by Andreessen Horowitz (AH).  Reports […]

Could social media be the victim of the next dot.com bubble? Although Facebook has been valued at $50 billion – more than Yahoo!, eBay, and Time Warner and butting heads with such giants as Amazon and Google, there is some question about what the valuation is based on.  According to Newsweek, “Some media experts have compared […]

Online shopping grew at its fastest pace in nearly four years in April as soaring fuel prices sent Americans to their computers instead of the malls to shop on the internet instead, according to MasterCard Advisors.  Consumers spent $13.8 billion online in April, a 19.2 per cent increase over the same month of 2010, according […]