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In a move that could help eBay improve its tools for online store developers, it has acquired Magento, the maker of an open source e-commerce platform. More: continued here

The online marketplace company, continuing its acquisition tear, said today it wants to buy Magento, developer of an e-commerce platform used by more than 60,000 merchants and brands. More: continued here

Man jailed for 12 years in eBay scam that saw he and his wife live luxury …Daily MailA businessman has been jailed for 12 years after he was convicted of stealing $1.5 million from more than 250 customers in an eBay scam. Darin French and his wife sold high-end home …

SAN FRANCISCO (MarketWatch) — EBay Inc. said Monday it will buy Magento Inc., the creator of an open source e-commerce platform of the same name. EBay already owns a minority share in the company but will own 100% of the outstanding shares when the deal is closed. Financial terms were …

Ebay in China: neither fish nor fowlGerson Lehrman GroupTen years ago, Ebay came to China and tried to develop its C2C business. The reason was clear and simple: “we've done great in States and other countries, we would have done the same great in China copying our international strategy and …

Reuters India Buffett Lunch Bid Benefits Innovative San Francisco CharityNewsyStocks.comEvery year, investing legend Buffett holds an Ebay auction where one person can win lunch with him and bring along seven friends. Last year's auction raised $2.6 million for San Francisco's Glide Foundation. This year's bidding is off to a fast …

Auctionbytes eBay Puts Magento In The Cart For It's X.Commerce PlatformNetwork WorldeBay announced today that they are acquiring the leading open source e-commerce platform, Magento. Magento will serve as a key component of eBays new open commerce platform, X.commerce. Terms of the acquisition where not announced, but eBay already …EBay …

Daily Mail Man jailed for 12 years in eBay scam that saw him and his wife live luxury …Daily MailA businessman has been jailed for 12 years after he was convicted of stealing $1.5 million from more than 250 customers in an eBay scam. Darin French and his wife sold …

eBay will acquire Magento , an open-source ecommerce platform, in which it had acquired a 49% stake last year for $22.5 million. eBay also launched a branding effort called X.Commerce located at X.com , which was formerly the home of the PayPal Developers program. More: continued here

Bull & Bear: eBay Inc.BenzingaShares of eBay Inc. (NASDAQ: EBAY) are trading lower on the session by 1.65%, at $29.80. With shares hovering around the $29.61 support level, you have to wonder where they are heading next… Bulls: Bulls will note that eBay Inc. …and more » More: continued here