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EBay Spurns GameStop’s Bid as ‘Neither Credible nor Attractive’
EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop’s executive incentives and a takeover’s potential impact on eBay’s long-term growth.
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Who Is Ryan Cohen? College Dropout Billionaire Trying To Buy eBay For $56 Billion
Ryan Cohen has said that he was prepared to take the bid directly to shareholders if eBay's board were unreceptive.
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GameStop Makes Bold $56 Billion Play for eBay, Ready to Go Hostile
A potential deal between GameStop and eBay would upend the usual M&A playbook, as it is rare for a company to target one nearly four times its size. Such deals typically rely on substantial debt, stock issuance, or both - banking on future earnings of the combined company to justify the cost.
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GameStop Goes Hostile On E-Bay - Proposes $56 Billion Cash And Stock Deal
The US videogame retailer, GameStop, is said to have already built up a 5 per cent stake in eBay through shares and derivatives.
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Meta Offers to Publish EBay Ads on Facebook Marketplace to Comply With EU Antitrust Order
Meta said on Wednesday it will launch a test in Germany, France and the US that will enable “buyers to browse listings from eBay directly on Facebook Marketplace while completing their transaction on eBay.”
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eBay and Beazley Reportedly Being Targeted by Advanced AI-Generated Phishing Scams
eBay, the ecommerce giant, and several other companies are reportedly witnessing an increased volume of personalised phishing attacks aimed towards high-level employees. As per the report, these phishing scams are being carried out using artificial intelligence (AI) systems to make them appear human-like and avoid the telltale signs of a typical sc...
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eBay Introduces AI-Powered ‘Shop the Look’ Feature to Find Personalised Outfits
eBay, the popular US-based ecommerce platform, has added a new artificial intelligence (AI)-based feature for iOS app users. The feature, dubbed ‘Shop the Look’ allows users to check outfit inspirations and shop for similar items through generative AI capabilities. The company said the feature will be personalised based on the user’s on-platf...
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eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
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eBay To Pay $3 Million After US Couple Became Target Of Harassment, Stalking
Ina and David Steiner had been subjected to threats and bizarre deliveries, including cockroaches, live spiders, funeral wreath and a bloody pig mask.
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US Sues eBay Over Sale Of Harmful Products In Latest Tech Crackdown
The US government on Wednesday sued eBay, accusing the online platform of violating the Clean Air Act and other environmental laws by allowing the sale of several harmful products, including devices that defeat automobile pollution controls.
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Google Pixel 7a Prototype Listed on eBay Months Ahead of Launch: Report
Google Pixel 7a is expected to hit the market in mid-2023. The design, key specifications, and other details of this Google-branded handset were previously leaked online. Now, an eBay listing for a device claiming to be the Google Pixel 7a prototype has suggested details about the device's design and specifications.
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McDonald's Plastic Straw, Given Free To Customers, Listed On Ebay For...
For this price, any McDonald's fan in India could buy more than 750 Maharaja Macs, 485 Meals or 412 boxes of Chicken McNuggets - each with 20 nuggets.
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Teabag Used By Queen Elizabeth In 1998 Selling For $12,000 On EBay
The used teabag comes with a Certificate of Authenticity issued by "the prestigious IECA"
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Microsoft Surface Duo 2 With Plastic Body, Dual Rear Camera Leaked on eBay: Report
A Microsoft Surface Duo 2 variant with a plastic body and dual rear camera setup had reportedly leaked on eBay. This handset could be the 'Cronos' model that Microsoft supposedly cancelled last year.
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OpenSea Could Be in for a NFT Marketplace 'War' Soon: DappRadar Report
DappRader's "Dapp Industry Report for Q2" 2022 raised, among many points, the idea that an upcoming non-fungible token (NFT) platform war could be on the horizon.
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EBay Spurns GameStop’s Bid as ‘Neither Credible nor Attractive’
EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop’s executive incentives and a takeover’s potential impact on eBay’s long-term growth.
-
Who Is Ryan Cohen? College Dropout Billionaire Trying To Buy eBay For $56 Billion
Ryan Cohen has said that he was prepared to take the bid directly to shareholders if eBay's board were unreceptive.
-
GameStop Makes Bold $56 Billion Play for eBay, Ready to Go Hostile
A potential deal between GameStop and eBay would upend the usual M&A playbook, as it is rare for a company to target one nearly four times its size. Such deals typically rely on substantial debt, stock issuance, or both - banking on future earnings of the combined company to justify the cost.
-
GameStop Goes Hostile On E-Bay - Proposes $56 Billion Cash And Stock Deal
The US videogame retailer, GameStop, is said to have already built up a 5 per cent stake in eBay through shares and derivatives.
-
Meta Offers to Publish EBay Ads on Facebook Marketplace to Comply With EU Antitrust Order
Meta said on Wednesday it will launch a test in Germany, France and the US that will enable “buyers to browse listings from eBay directly on Facebook Marketplace while completing their transaction on eBay.”
-
eBay and Beazley Reportedly Being Targeted by Advanced AI-Generated Phishing Scams
eBay, the ecommerce giant, and several other companies are reportedly witnessing an increased volume of personalised phishing attacks aimed towards high-level employees. As per the report, these phishing scams are being carried out using artificial intelligence (AI) systems to make them appear human-like and avoid the telltale signs of a typical sc...
-
eBay Introduces AI-Powered ‘Shop the Look’ Feature to Find Personalised Outfits
eBay, the popular US-based ecommerce platform, has added a new artificial intelligence (AI)-based feature for iOS app users. The feature, dubbed ‘Shop the Look’ allows users to check outfit inspirations and shop for similar items through generative AI capabilities. The company said the feature will be personalised based on the user’s on-platf...
-
eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
-
eBay To Pay $3 Million After US Couple Became Target Of Harassment, Stalking
Ina and David Steiner had been subjected to threats and bizarre deliveries, including cockroaches, live spiders, funeral wreath and a bloody pig mask.
-
US Sues eBay Over Sale Of Harmful Products In Latest Tech Crackdown
The US government on Wednesday sued eBay, accusing the online platform of violating the Clean Air Act and other environmental laws by allowing the sale of several harmful products, including devices that defeat automobile pollution controls.
-
Google Pixel 7a Prototype Listed on eBay Months Ahead of Launch: Report
Google Pixel 7a is expected to hit the market in mid-2023. The design, key specifications, and other details of this Google-branded handset were previously leaked online. Now, an eBay listing for a device claiming to be the Google Pixel 7a prototype has suggested details about the device's design and specifications.
-
McDonald's Plastic Straw, Given Free To Customers, Listed On Ebay For...
For this price, any McDonald's fan in India could buy more than 750 Maharaja Macs, 485 Meals or 412 boxes of Chicken McNuggets - each with 20 nuggets.
-
Teabag Used By Queen Elizabeth In 1998 Selling For $12,000 On EBay
The used teabag comes with a Certificate of Authenticity issued by "the prestigious IECA"
-
Microsoft Surface Duo 2 With Plastic Body, Dual Rear Camera Leaked on eBay: Report
A Microsoft Surface Duo 2 variant with a plastic body and dual rear camera setup had reportedly leaked on eBay. This handset could be the 'Cronos' model that Microsoft supposedly cancelled last year.
-
OpenSea Could Be in for a NFT Marketplace 'War' Soon: DappRadar Report
DappRader's "Dapp Industry Report for Q2" 2022 raised, among many points, the idea that an upcoming non-fungible token (NFT) platform war could be on the horizon.
