Wednesday, April 20, 2011

eBay Gets Into "Deal of the Day" Business'

eBay has purchased Where.com, which creates apps for listing merchants, restaurants, and bars while serving deals for such establishments based on user location. The deal gives eBay four million active users looking for deals from about 120,000 retailers.

Incorporating eBay's popular digital payment product, PayPal, could help the eBay-Where.com union compete against an emerging list of location-based daily deals players.

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Governments Likely Won't be Very Good at AI Regulation

Artificial intelligence regulations are at an early stage, and some typical areas of enforcement, such as copyright or antitrust, will take...