In what could potentially set the stage for a battle with an activist investor, eBay Inc has rebuffed the proposal of Carl Icahn to spin-off its payments platform PayPal, Reuters reported.
eCommerce
Home Depot purchases Houston-based retailer Blinds.com
Atlanta, Georgia-based home improvement specialty retailer Home Depot purchased Houston-based window covering seller Blinds.com for an undisclosed amount to expand the technology on its company website.
American car booking firm Uber to invade Asia Pacific market -source
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Argentina to impose online purchase restrictions
The Argentine Republic’s government is imposing a restriction on online purchases, in a bid to reduce the amount of dollars leaving the country and help lift its economy.
Neiman Marcus confirms data breach compromised 1.1M payment cards in the US
Dallas, Texas-based luxury specialty department store Neiman Marcus confirmed that 1.1 million debit and credit cards could have been compromised during a malware attack from July 16 to October 30, 2013.
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Singapore-based online grocery store RedMart secured $5.4 million in a bridge round that will be used to construct its logistics infrastructure and technology in preparation for growth and expansion.
Boston, US-based alcohol delivery mobile app Drizly pocketed $2.25 million in a seed funding round led by Atlas Ventures to expand its liquor delivery services beyond New York City.
San Francisco, California-based recurring revenue management software provider ServiceSource acquired Seattle-based predictive analytics firm Scout Analytics in a deal valued at $32 million in cash.
In a long-awaited move, Facebook finally started running tests using third-party mobile apps as part of its plan to become a mobile ad network, as confirmed by Facebook engineer Sriram Krishnan on the company's developer blog.
Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.
New York, US-based technology media firm TechMedia Networks (TMN) is acquiring Waltham, Massachusetts-based lead-generation business BuyerZone for an undisclosed amount to gain access to an e-commerce market.
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.
Burlingame, California-based car buying service CarWoo! posted an announcement on its website saying the company will be shutting down, with some of its employees heading to rival TrueCar.
