 |
User: Login |
Weblog covering digital business
Digital Business, Live From New York |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
 Send to email | Secrets of eBay-Craigslist Lawsuit Revealed: eBay "Obsessed With Profits" in General |  By Silicon
el 30-Apr-2008 |
craignewmark.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 eBay published a legal filing that finally sheds some light on its mysterious Craigslist lawsuit. As the WSJ tells it, here's the story:
- eBay management went crazy watching Craig Newmark and Jim Buckmaster sitting on the Craigslist goldmine and refusing to capitalize on it. So eventually they decided to capitalize on it themselves--by founding Kijiji.
- Craigslist, understandably, saw Kijiji as a sign that eBay was trying to compete with it. Craigslist, understandably, therefore told eBay it was no longer comfortable having eBay as a shareholder.
- eBay's Meg Whitman offered to buy the rest of Craigslist.
- Jim and Craig decided to dilute eBay's stake below 25%, which would eliminate the ability for eBay to elect a board member.
To do this, they entereed into a series of board transactions that diluted eBay's stake by 13%.
Craigslist will respond to eBay's filing in a couple of weeks. In the meantime, it has this to say:
"As those who know us best will recognize, every measure we have taken
has been for the sake of protecting the long term well-being of the
Craigslist community. Sadly, we have an uncomfortably conflicted
shareholder in our midst, one that is obsessed with dominating online
classifieds for the purpose of maximizing its own profits."
Read 9 times
|
|
 |
 | Nerdblog |  Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Craigslist and eBay: Terrorist arms bazaars of DEATH | | Federal beancounters launch Operation Barrelscrape
Analysis American government investigators believe that eBay and Craigslist are becoming international arms bazaars, facilitating the sale of “sensitive and stolen US military items” to the agents of sinister foreign powers - or even (gasp) terrorists. However, they have produced very little evidence to back this up.
TheRegister [..] Read complete article | | Published 13-Apr-2008 by Nerdblog in General
Read 3 times. More hits in   |
|
| eBay to offload StumbleUpon |  Having a little bit of buyer’s remorse there, eBay? According to TechCrunch, eBay may be looking to sell off StumbleUpon after acquiring the company a mere 18 months ago for $75 million. An anonymous source claims that eBay has hired Deutsche bank to help them find the right buyer. No asking price has been mentioned [...]
[..] Read complete article | | Published 20-Sep-2008 by Kelly Hodgkins in RumorsServiceseBaysaleStumbleUpon
Read 5 times. More hits in |
|
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| SURPRISE! eBay Price Changes Worked | | The quarter was dominated by howls of outrage from eBay (EBAY) sellers who boycotted the site, screamed bloody murder, etc., over eBay's new fee changes, but the move appears to have worked. As Bear's Bob Peck report [..] Read complete article | | Published 31-Mar-2008 by Silicon in EBAY
Read 13 times. More hits in |
|
| Crowd control at eBay | | If over the last decade you have read any of the many books and articles promoting the Net as a new world where people are able to form self-regulating, super-democratic communities, you have no doubt come across glowing descriptions of eBay's feedback system. By providing buyers and sellers with a simple means for rating one another, eBay has been able, we've been told, to avoid lots of rules and [..] Read complete article | | Published 13-Feb-2008 by Rough Ty in General
Read 22 times. More hits in |
|
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |
Hello, Guest
Online: 75 visitors
+ fotos
This one ought to be fun: eBay, which owns a 28% interest in Craigslist, is suing... Craigslist. The paid auction site says the free auction site "unfairly tried to dilute eBay's sta [..] 
Battered eBay (EBAY) is getting an earful from sellers outraged about new feedback and product-search policies. For example, there was the episode below at the recent eBay Live seller conf [..] 
