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EBay Inc. on Monday said it will pay about $27 million to settle lawsuits by shareholders of GSI Commerce Inc., which eBay is acquiring, that accused the companies of shortchanging GSI shareholders. More: continued here

Auctionbytes eBay settles with GSI shareholders for about $27 millionSan Jose Mercury NewsAP NEW YORK — eBay (EBAY) on Monday said it will pay about $27 million to settle lawsuits by shareholders of GSI Commerce, which eBay is acquiring, that accused the companies of shortchanging GSI shareholders. Under the settlement, …

Nike superfan creates ShoeZeumESPNIn April of 2010, Geller paid $3383 for these track shoes on eBay, a 1973 model that had been designed for Steve Prefontaine. He would have these in the 1976 Olympics, but he was killed in a traffic accident in '75. This pair was found in an …

NEW YORK (AP) — eBay Inc. on Monday said it will pay about $27 million to settle lawsuits by shareholders of GSI Commerce Inc., which eBay is acquiring, that accused the companies of shortchanging GSI shareholders. More: continued here

Reuters Africa Charity Raises $2.6-Million in Auction for Lunch With Warren BuffettChronicle of Philanthropy (subscription) (blog)An anonymous donor bid $2626411 for a lunch with the investor Warren Buffett to benefit a San Francisco charity, the most an item has raised for charity on eBay, according to the Associated Press. The …

Auctionbytes Former eBay Exec Josh Silverman Joins American ExpressAuctionbytesFormer eBay executive Josh Silverman will join American Express as President of the US Consumer Services business, the unit that provides the company's consumer cards and travel services. Silverman was most recently Executive in …and more » More: continued here

In addition to the $2.4 billion eBay was already paying to acquire GSI Commerce, it has agreed to dole out more to settle claims that will now bring total merger costs to more than $3 billion. More: continued here

Raritan's Energy and Data Center Infrastructure Management Solutions Receive …Sacramento BeeRaritan won the "Environmental Project of the Year" award for its case study on eBay's implementation of data center energy-saving solutions. The case study details how eBay created and began executing a four-year data center plan with an ambitious …and …

Taxman recruits fricking tax-collecting robotsRegisterHer Majesty's Revenue and Customs is unleashing an army of fricking robots to find VAT evaders and eBay traders. The robots are the web-spider variety rather than an actual RoboTaxman. …HMRC to target tutors, tradesmen and e-tradersCitywire.co.ukPrivate tutors next in line of HMRC's fireAccountancy Ageall 17 …

eBay Inc. and GSI Commerce announced today that the companies have entered into a memorandum of understanding, or MOU, with GSI shareholders settling claims filed in Delaware state court related to eBay’s previously announced acquisition of GSI. More: continued here