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Tuesday, October 7, 2008

eBay to cut 1,000 jobs, spend $1.3B on acquisitions

Online auctioneer eBay today announced plans to cut 1,000 jobs, while at the same time spending about $1.3 billion on three acquisitions: electronic payments business Bill Me Later and Danish Web sites dba.dk and bilbasen.dk.

read more | digg story

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