EBay said it will buy e-commerce service provider GSI Commerce for $1.96 billion in cash to build up its online marketplaces, as it ramps up its battle with Amazon.com. GSI is attractive to eBay because of its expertise in taking customer orders, managing them and filling them, which also happens to be an area of strength for Amazon. GSI, which owns Web businesses such as Rue La La and ShopRunner, also provides retailers such as Aeropostale and TJX’s Marshalls chains with technology, payment processing and customer care services for their e-commerce sites.
Retailers risk losing the majority of mobile device users unless they make mobile shopping easier and more engaging, writes Jessica Woh. While 89.7 percent of Americans aged 18 to 64 have mobile phones, only 49.1 percent use their phones to shop, according to marketing service Arc Worldwide. Consumers who use mobile phones to shop are able to compare prices on the go and are seen as less likely to make impulse buy, Woh adds.
Research In Motion’s quarterly net profit jumped 32 percent, boosted by strong global BlackBerry smartphone sales. But a weaker-than-expected outlook as it spent heavily on the launch of its PlayBook tablet next month, sent RIM’s shares tumbling after the bell.
Time Inc’s Sports Illustrated unveiled the details of another subscription plan for the Samsung Galaxy tablet computer and Android based smartphones — the print version of its parent Time Warner Inc’s “TV everywhere” idea currently touted by Chief Executive Jeffrey Bewkes. Like TV Everywhere, magazines everywhere charges one price for access to content across print and digital platforms.
Frequent users of the New York Times iPhone application likely have noticed that the app has been a bit buggy of late. The New York Times developed a nicely designed means to get the latest news on your smartphone — when you can update it that is.
Privacy concerns are nothing new if you use the Web to tweet or facebook. But with Apple’s mobile platform joining the fray and speculation that Google’s might be next, should you be worried about how your personal information is being used on that 3G-enabled iPad or Android-powered smartphone you picked up over the holiday season?
Say it’s not so — ‘the cloud’ isn’t ready for prime time? That’s the view from networking company Brocade, whose marketing chief compared the hype to the rush years ago to call center outsourcing.