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Deals Rumor Mill: Fancy, Rakuten, Talking Rain

By Benjamin Horney ( September 5, 2014, 7:18 PM EDT) -- The online retailer simply known as Fancy is in talks to sell for about $1 billion, due to its problems raising financing, Business Insider reported on Friday. According to the report, the New York-based company — which had initially attempted but failed to raise about $1.2 billion in financing — has already had discussions with eBay Inc. about a potential deal. Fancy sells an array of items, such as camera lenses, tents and cocktail tables, which are listed on the site in order of how many potential customers have clicked that the item is "fancy."...

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