EBay is acquiring a company that would position itself against Amazon to become an online mega-retailer. For $2.4 billion, the acquisition of GSI Commerce Inc. would provide eBay the ability to warehouse, fulfill and ship products from over 180 top brands and retailers. The deal will help attract business from those weary about auction-based purchases. Read the full article at WSJ.com
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.
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