eBay Posts

eBay Inc (EBAY) rejects Icahn’s nominees for board of directors

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eBay Inc (NASDAQ:EBAY) is in the midst of a major disagreement with billion activist investor Carl Icahn. One of the latest blows to Icahn in the disagreement is that eBay rejected his two nominees for the board of directors and decided to renominate every director up for re-election this year. Icahn published a criticism of eBay CEO John Donahoe in a letter to shareholders. Icahn said that the sale of Skype was mishandled and costed the shareholders $4 billion.
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eBay Founder Pierre Omidyar defends keeping PayPal

Pierre Omidyar
eBay founder Pierre Omidyar announced on Thursday that Carl Icahn’s claims that the company is not operating in the interest of shareholders are false. Icahn wrote three letters to eBay shareholders that urges the splitting off of PayPal, which is the fastest growing division at eBay and accounts for around 40% of the company’s revenues.
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eBay Inc (EBAY) leads $134M investment in Snapdeal

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eBay Inc (NASDAQ:EBAY) is leading a $133.77 million investment in Indian e-commerce company Snapdeal. This round of funding follows a previous investment round that eBay made in Snapdeal last year. Snapdeal has raised a total of $202 million across five rounds of funding. 
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eBay Inc (EBAY) gets accused of conflict of interest by Icahn

Carl Icahn
eBay Inc (NASDAQ:EBAY) is being accused of conflict of interest by billionaire activist investor Carl Icahn. Icahn accused eBay CEO John Donahoe of failing to spot or ignoring conflicts of interest on the company’s board of directors.
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eBay Inc (EBAY) acquires PhiSix Fashion Labs


eBay Inc (NASDAQ:EBAY) has acquired PhiSix Fashion Labs, a computer graphics company that builds 3D models of clothes from photos. The 3D models makes it possible for shoppers to browse for clothes in virtual fitting rooms in different scenarios like using a golf club rather than a dressing room.
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A used iPhone with ‘Flappy Bird’ is selling for $100,000 on eBay

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You may have heard that a ‘Flappy Bird’ is a popular game that was created by Dong Nguyen, but was taken down because he could not handle the stress of success. An eBay user is now selling an iPhone with the Flappy Bird game installed on it so you can keep playing it. The price started at $650 and now it has already hit almost $100,000 across 74 bids with 6 days and 5 hours left in the auction. Insane!

Remember the Raptor cage from Jurassic Park? It is on eBay.

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Jurassic Park, one of the most popular science fiction action films of all time, is known for its recreation of dinosaurs on an island. The velociraptor crate cage that was used in the film is up for sale on eBay. The purchase also includes a fake raptor prop. The crate cage was used in the opening scene of the movie where a person was eaten by a dinosaur. As of right now, there are around 153 bids at a price of almost $100,000. The item is shipping from Los Angeles and it weighs “several hundred to 1000 pounds.” Check out the pictures of the cage below:
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eBay Inc (EBAY): Carl Icahn prepares for proxy fight

Carl Icahn
Carl Icahn said that he is ready to get into a proxy fight with eBay Inc (NASDAQ:EBAY). Icahn said that he plans to win two seats on the board at eBay and get them to spin off PayPal. He definitely expects eBay to resist the proposal, which is why he is ready to do the proxy fight.

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