StumbleUpon, eBay Call Merger 'Talk Rumors'

Apr 20, 2007

Both StumbleUpon and eBay on Thursday shot down reports that the e-commerce giant plans to acquire StumbleUpon, but refused further comment on merger talks. Meanwhile, Google launched its own StumbleUpon-like feature, an unnamed pair of dice designed to enhance user searches.

Both the StumbleUpon collaborative search site and eBay on Thursday shot down reports that the e-commerce giant plans to acquire StumbleUpon, but refused further comment on the possibility of a merger.

The talk occurred as Google prepared its own StumbleUpon-like feature, an unnamed pair of dice designed to enhance user searches.

"We cannot comment on merger speculation," said Rachel Petersen, a spokeswoman for the company. "But at this point it remains a private company. It's just a rumor."

"We have made no such announcement of any kind, and beyond that, we do not comment on rumors or speculation," said Hani Durzy, director of corporate communications at eBay.

The two companies did not confirm whether they were holding talks.

StumbleUpon allows users to rate certain Web sites via a toolbar button installed on their Web browser. Internet surfers can then hit a "stumble" button and be directed to highly rated sites that likeminded users have frequented. It is intended to direct users to sites they might enjoy, but might not otherwise have "stumbled" upon in their regular Web browsing.

In December, StumbleUpon expanded those search results to include video.

News of the deal was first reported Wednesday by technology blog TechCrunch, which said StumbleUpon could expect to take home up to $50 million in the deal.

The blog first speculated that StumbleUpon was also being eyed by America Online and Google. Google this week, however, launched its own service that is very similar to StumbleUpon. Users install the Google search tab on their Web browser, click a pair of dice and are directed to sites based on a user's search history. Up to 50 new sites can be added. Users must download and install the button into the Google Toolbar, however.

A Recommendations tab can also be added to a Google customized home page.

"Don't expect very much at the beginning, but the more you build up your search history, and the more you use these features, the better they'll become," said Sep Kamvar, the engineering Lead for personalization, via the Google corporate blog. "Over time, we will give you more and better recommendations."

Copyright 2007 by Ziff Davis Media, Distributed by United Press International

Explore further: Twitter takes note of other apps on smartphones

add to favorites email to friend print save as pdf

Related Stories

StumbleUpon's founders buy service back from eBay

Apr 14, 2009

(AP) -- Two founders of Web content recommendation service StumbleUpon said Monday they bought the company back from online auction house eBay Inc., just two years after eBay purchased the startup for $75 million.

Recommended for you

UN moves to strengthen digital privacy (Update)

Nov 25, 2014

The United Nations on Tuesday adopted a resolution on protecting digital privacy that for the first time urged governments to offer redress to citizens targeted by mass surveillance.

Spotify turns up volume as losses fall

Nov 25, 2014

The world's biggest music streaming service, Spotify, announced Tuesday its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion.

Virtual money and user's identity

Nov 25, 2014

Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.