There seems to be counterattacks on many levels in Silicon Valley, reports CNBC's Jon Fortt with the latest details on the struggle to break PayPal away from eBay.» Read More
*Tencent buys 15 pct stake in e-commerce firm JD.com for $215 mln. BEIJING, March 10- Tencent Holdings Ltd will buy a 15 percent stake in e-commerce firm JD.com for $214.7 million, as the two seek to challenge Alibaba Group Holding's dominant position in online shopping in China.
eBay fell$. 24 or. 4 percent, to $59.06. Google fell $4.82 or. 4 percent, to $1214.79. Groupon Inc. rose$. 08 or. 9 percent, to $8.60.
eBay fell$. 26 or. 4 percent, to $59.04. Google fell $1.91 or. 2 percent, to $1217.70. Groupon Inc. fell$. 02 or. 2 percent, to $8.50.
eBay rose$. 44 or. 7 percent, to $59.30. Google rose $1.35 or. 1 percent, to $1219.61. Groupon Inc. fell$. 05 or. 6 percent, to $8.52.
He has sparred with eBay management via open letters and press releases since January, when eBay said the pugnacious billionaire had made an unsolicited proposal for eBay to hive off PayPal and nominated two directors to the eBay board. EBay has repeatedly said that eBay and PayPal are better off together.
SAN FRANCISCO, March 6- Founders Fund, the venture-capital firm behind startups like space exploration company SpaceX and data-mining company Palantir Technologies, said it had raised $1 billion for its latest fund. In addition to Nosek, Founders Fund V will be led by partners Ken Howery, Brian Singerman, Peter Thiel, Lauren Gross, Geoff Lewis and Scott Nolan.
He has sparred with eBay management via open letters and press releases since January, when eBay said the pugnacious billionaire had made an unsolicited proposal for eBay to hive off PayPal and nominated two directors to the eBay board. But eBay has repeatedly said that eBay and PayPal are better off together.
March 6- Activist investor Carl Icahn told eBay Inc shareholders on Thursday he has "not yet begun to fight" in his push to get the e-commerce company to spin off its PayPal payments unit.
CHICAGO-- A father, mother and daughter from a posh Chicago suburb stole $7 million in merchandise during a decadelong shoplifting spree _ traveling to stores nationwide and targeting dolls, toys, cosmetics and other valuables _ according to a federal complaint released Wednesday.
The widening income gap between the wealthy and those left behind in Silicon Valley is sparking debate, anger and sporadic protests.
Reid Hoffman criticized Icahn’s campaign against eBay, arguing it is rooted in short-term thinking that runs counter to the focus on long-term growth.
March 5- An Illinois couple and their daughter on Wednesday were charged with operating a multimillion-dollar shoplifting ring that involved stealing toys, baby supplies and household items from retail stores and selling them on eBay, prosecutors said.
eBay fell$. 20 or. 3 percent, to $58.86. Google rose $3.35 or. 3 percent, to $1218.26. Groupon Inc. fell$. 11 or 1.3 percent, to $8.57.
Carl Icahn doesn't believe eBay CEO John Donahoe should have anything to do with running PayPal. The FMHR traders share their opinions.
Highlights from the billionaire activist investor's wide-ranging interview on CNBC's Squawk Box Wednesday.
Activist investor Carl Icahn says eBay has a huge corporate governance problem, and he says board member Marc Andreessen is the most conflicted.
Carl Icahn says eBay's governance is even worse than that of Washington politicians, and that's a symptom of how badly U.S. companies are run.
Carl Icahn, Chairman, Icahn Enterprises, says he doesn't believe eBay CEO John Donahoe should have anything to do with running PayPal.
Carl Icahn, Chairman, Icahn Enterprises says he finds it hard to believe Microsoft would not have bid for Skype. The idea there were no bidders is a myth, he says.
Carl Icahn, Chairman, Icahn Enterprises discusses his feelings about corporate governance in this country, and why he's going after eBay & Andreessen. Corporate governance is completely dysfunctional, he says.