StumbleUpon is no longer part of eBay. Many have wondered why it was even part of it to begin with, but that pondering can now be put aside. The company has now been returned to its creators for an undisclosed amount.
"We are grateful to eBay for its guidance. However, we realized there were few long-term synergies between the two businesses. It is best for us to part ways and focus on our respective strengths," says StumbleUpon co-founder Garrett Camp. "This change makes it possible for StumbleUpon to continue to innovate and focus on becoming the Web's largest recommendation service." Camp is taking over the role of CEO of StumbleUpon.
It's interesting that he talks about innovation, because that is exactly what StumbleUpon needs to do right now. The recently launched DiggBar is breathing down its back, despite the controversy with webmasters it has sparked.
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