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
About Shelly Palmer
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 AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.