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Ebay to buy Gmarket for $1.2 billion

Ebay is expanding it’s horizons by announcing it will be buying South Korea’s largest online marketplace for $1.2 billion.
Ebay already has agreements for around 67% of Gmarket shares and made a cash offer of $24 a share for outstanding shares to Gmarket. Yahoo, who owns …

Super Bowl ads hit a low note this year?

Fed Ex and others have already pulled their Super Bowl adsĀ  for the February 1st NBC broadcast. NBC said that most of the ad spots had sold by mid-January for $3 million for a :30 spot.
So this could be a much more toned down year …

South Korean economy grows more than 3% in 3rd quarter

Although the South Korean economy grew in the 3rd quarter, it was still not the growth that they had hoped for. In the second quarter, GDP had increased 4.8%.
The slowdown was because of a lack of new construction and slumping currency.
The slowdown in South Korea …

Start looking for Samsung laptops next year in the U.S.

Sometime next year the South Korean company Samsung will be making an attempt to break into the U.S. laptop market.
They are looking to release not only low priced "net books", which are stripped down laptops that rely mostly on the internet, but also a thin …

Now I would like to talk about Sprint.

South Korea’s SK Telecom has showed interest in, once again, purchasing Sprint. Sprint…yes, THAT Sprint. I think Sprint has been getting a bad rap though. We’ve had Sprint for over 2 years, and have not had a problem with them. Their internet …