Technology

GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

Source

Ars Technica

Published

May 4, 2026

TL;DR

AI Generated

GameStop has made a $55.5 billion bid to acquire eBay, citing eBay's underperformance and excessive spending on sales and marketing. GameStop plans to leverage its physical retail locations to enhance eBay's operations. The proposal includes GameStop staff inspecting and verifying items for eBay listings and turning GameStop stores into broadcasting studios for live-commerce. GameStop faces skepticism about its ability to finance the deal, especially given eBay's market capitalization being significantly larger. GameStop's stock price has fallen slightly following the announcement, while eBay's has risen.

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Linux bitten by second severe vulnerability in as many weeks

A new Linux vulnerability named Dirty Frag allows low-privilege users to gain root access on servers, posing a significant threat, especially in shared environments. The exploit code, leaked online, works reliably across various Linux distributions and has caught the attention of hackers in the wild. The deterministic nature of the exploit makes it stealthy and dangerous, similar to a previous vulnerability called Copy Fail. Security experts urge organizations to apply patches and implement mitigations promptly to safeguard their systems. While some distributors have released patches, users are advised to check with their official provider for updates.

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17 hours ago

Chaos erupts as cyberattack disrupts learning platform Canvas amid finals

A cyberattack disrupted the Canvas online learning platform during final exams, prompting chaos at schools and colleges in the US. Instructure, Canvas's parent company, temporarily took the platform offline after detecting unauthorized activity in its network. The threat actor responsible for the breach had also been involved in a previous data breach. While user data like names and email addresses were accessed, sensitive information like passwords and financial details were reportedly not compromised. The ransomware group ShinyHunters claimed responsibility for the breach, affecting millions of individuals associated with thousands of schools. Other learning platforms, like PowerSchool, have also fallen victim to cyberattacks in the past.

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3 days ago

Mozilla says 271 vulnerabilities found by Mythos have "almost no false positives"

Mozilla's use of Anthropic Mythos, an AI model for identifying software vulnerabilities, uncovered 271 Firefox security flaws over two months. The breakthrough was attributed to improvements in the models and a custom "harness" supporting Mythos as it analyzed Firefox source code. Unlike previous AI-assisted detection attempts, Mozilla's work with Mythos resulted in "almost no false positives," thanks to the development of an agent harness that guided the AI model through specific tasks. This harness provided Mythos with access to the tools and processes used by human Mozilla developers, enhancing its accuracy in identifying vulnerabilities.

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4 days ago

Ars Asks: Share your shell and show us your tricked-out terminals!

The article discusses the enduring importance of the command line interface in modern computing, despite the rise of graphical user interfaces. The author reflects on their transition from Windows to Linux due to the efficiency and power of the command line, particularly in managing complex systems like enterprise NAS appliances. They emphasize the precision and control that the command line offers compared to GUIs, highlighting its role in specific tasks and workflows. The article encourages readers to share their customized terminal setups and tricks, showcasing the continued relevance and versatility of the command line in today's tech landscape.

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6 days ago

Linux bitten by second severe vulnerability in as many weeks

Ars Technica•

17 hours ago

Chaos erupts as cyberattack disrupts learning platform Canvas amid finals

Ars Technica•

3 days ago

Mozilla says 271 vulnerabilities found by Mythos have "almost no false positives"

Ars Technica•

4 days ago

Ars Asks: Share your shell and show us your tricked-out terminals!

Ars Technica•

6 days ago

GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

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GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

TL;DR

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