EPISODE · May 5, 2026 · 11 MIN
Tech Tuesday: GameStop Buys eBay?
ABC News Technology Reporter Mike Dobuski talks about how GameStop has put in a bid to acquire the online auction website eBay, marking an ambitious, and potentially unfeasible, move by a much smaller company. The math here is suspect, with GameStop saying it could offer $55.5 billion as a mix of 50% cash and 50% stock. GameStop CEO Ryan Cohen told CNBC in a combative interview Monday that if he were CEO of eBay, “it would make more money." GameStop rocketed back from obscurity in 2021, becoming a prominent "meme stock" fueled by the subreddit "Wall Street Bets." PLUS: a new study from the National Bureau of Economic Research looks at whether smartphone bans in schools are having an impact on test scores.
What this episode covers
ABC News Technology Reporter Mike Dobuski talks about how GameStop has put in a bid to acquire the online auction website eBay, marking an ambitious, and potentially unfeasible, move by a much smaller company. The math here is suspect, with GameStop saying it could offer $55.5 billion as a mix of 50% cash and 50% stock. GameStop CEO Ryan Cohen told CNBC in a combative interview Monday that if he were CEO of eBay, “it would make more money." GameStop rocketed back from obscurity in 2021, becoming a prominent "meme stock" fueled by the subreddit "Wall Street Bets." PLUS: a new study from the National Bureau of Economic Research looks at whether smartphone bans in schools are having an impact on test scores.
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Tech Tuesday: GameStop Buys eBay?
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