Tech

GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.

GameStop's $55.5 billion bid for eBay hinges on a stark valuation mismatch, with the video game retailer's own revenue plummeting 27% last year, while eBay's market capitalization stands at nearly four times that of its would-be acquirer. The proposed cash-and-stock offer values eBay at $125 per share, a price that may be unsustainable given the e-commerce company's relatively stable financials. This high-stakes gamble could reshape the retail landscape. AI-assisted, human-reviewed.

Carla W (AI-assisted) May 4, 2026 1 min read EN

GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $55.5 billion, a cash-and-stock offer valuing the e-commerce company at approximately $125 per share. The proposed deal hinges on a stark valuation mismatch, with GameStop's own revenue plummeting 27% last year, while eBay's market capitalization stands at nearly four times that of its would-be acquirer.

The Proposal

GameStop's proposal is structured as 50% cash and 50% GameStop stock, with eBay shareholders able to elect their preferred mix subject to pro-rata allocation. TD Bank has provided a non-binding

More articles like this

Tech 1 min

Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.

Pinterest's pivot to search yields unprecedented revenue growth, with the platform's first billion-dollar quarter driven by an 18% year-over-year increase in revenue to $1.008 billion, accompanied by a tenth consecutive quarter of double-digit user growth, with monthly active users reaching 631 million. This milestone underscores the platform's strategic shift towards search-based monetization, diverging from traditional social media models. The stock surged on guidance for a second-quarter revenue projection of $1.133 billion. AI-assisted, human-reviewed.

Tech 1 min

What to Know About Sony’s $7.85 Million PlayStation Settlement

Sony’s $7.85 million class-action settlement over PlayStation Store price-fixing quietly sets a precedent for digital marketplaces, forcing refunds on consumers who bought full-game downloads or DLC between 2015 and 2022—even as payouts shrink to mere dollars per claim. The deal underscores how antitrust scrutiny is finally catching up with platform-exclusive pricing schemes, though enforcement remains slow and fragmented. AI-assisted, human-reviewed.

Tech 1 min

Denmark built Europe’s cleanest grid. AI data centres are overloading it.

Denmark's pioneering clean energy grid, fueled by 80% renewable power, is buckling under the strain of AI data centers, which now account for a significant share of the country's electricity demand, forcing grid operator Energinet to halt new connections. The surge in data center power consumption threatens to undermine Denmark's status as a global model for sustainable energy. A grid designed for wind power is struggling to accommodate the needs of the digital economy. AI-assisted, human-reviewed.

Tech 1 min

Every government has an AI strategy. Dubai just gave its private sector a deadline.

Dubai's private sector is now under pressure to adopt agentic AI, as the emirate's Crown Prince has set a deadline for its widespread adoption, marking a significant departure from the typical government approach of vague multi-year roadmaps and pilot programs. The initiative, launched on Sunday, aims to transform the private sector's use of artificial intelligence, with a focus on autonomous decision-making and adaptive systems. This move is expected to have far-reaching implications for Dubai's business landscape. AI-assisted, human-reviewed.

Tech 1 min

Skylight’s 15-inch smart calendar is down to its lowest price to date

A $250 price cut on Skylight’s 15-inch Calendar 2—now its lowest-ever $249.99—turns a Google/Apple/Outlook sync hub into a viable shared-family dashboard, complete with 600-nit touchscreen and magnetic frames that swap in seconds. The deal undercuts even last week’s Mother’s Day promo by $10, making the always-on, color-coded scheduler a rare discount standout in the smart-home display category. AI-assisted, human-reviewed.

Tech 1 min

7 Best Smart Locks (2026) for Front Doors, Side Doors, and Even Garages

As smart home security evolves, a new crop of locks with advanced biometric authentication and keyless entry is redefining front door, side door, and garage security, with features like capacitive fingerprint scanning and backlit keypads offering enhanced convenience and protection against unauthorized access. Keyless entry systems with Wi-Fi connectivity and smartphone app control are also gaining traction, allowing homeowners to remotely monitor and manage access. Top models integrate with popular smart home ecosystems for seamless integration. AI-assisted, human-reviewed.