More EBay Stumbleupon Rumors
By: Andy Beal
Tech CEO's are a tricky bunch. Whenever asked about deals or new products, their speech...
... is littered with words such as "no plans" or "not currently." That's usually enough to send journalists packing or get bloggers talking (especially this one).
So when in April eBay CEO Meg Whitman dismissed the rumors they were acquiring Stumbleupon with the statement that eBay "had nothing on the docket right now," that pretty much killed rumors.
Well, today those same rumors surface thanks to a report by the Wall Street Journal.
EBay Inc. is in advanced talks to acquire StumbleUpon Incaccording to people familiar with the matterthe potential price for a deal is in the range of $75 million, these people say. One of the people said that no final agreement has been reached and the talks could fall apart. An eBay spokesman said the company doesn't comment on "rumors or speculation."So, will it happen this time, or shall I just meet you back here in a month for the next rumor report?
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About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.
You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].
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