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eBay v Craigslist: related news
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After eBay sued Craigslist, Craigslist's initial responses were rather weak. eBay made a pretty strong case arguing that Craigslist's board had unilaterally diluted eBay's shares -- which seems pretty questionable. Craigslist initially shot back by accusing eBay of doing the same things eBay was accusing Craigslist of doing -- but that was somewhat misleading. eBay wasn't complaining about the specific actions Craigslist was taking -- but the fact that they had done so unilaterally, despite eBay's ownership stake and board position. Then, Craigslist countersued eBay with a laundry list of charges that effectively amounted to "we don't like them being on our board." Both of these responses were a bit disappointing. While I like Craigslist, and respect Craig and Jim, they still hadn't explained why it was legal for them to unilaterally dilu
in Online Auctions
via Techdirt @ 9:58 19th May
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Classified-advertising site Craigslist is countersuing eBay, accusing the online auction company of using its stake in Craigslist to misappropriate proprietary information and engage in false advertising, trademark infringement and a host of other wrongdoings. The suit, filed in a San Francisco court, is a response to eBay's suit filed April 22 against Craigslist, which charged that Craigslist's board of directors secretly plotted to dilute eBay's 28.4 percent investment in the site after eBay launched a competing online classified-advertising service called Kijiji. EBay launched Kijiji overseas in 2005 and in the U.S. last year.
in Online Auctions
via Neowin.net @ 18:29 14th May
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EBay Inc. (EBAY) opened at 27.09. So far today, the stock has hit a low of 25.95 and a high of 27.43. EBAY is now trading at 27.22, down 0.27 (-1.00%). The stock hit its 52 week high of 40.73 in October and set its 52 week low of 25.10 in March. EBAY has been dropping for most of the past year. A RBC Capital Markets analyst cut his price target on the stock today to $35 from $40, and said the effect of deals with large online retailers the company's revenue may be more muted due to less-favorable terms. The company had signed a deal with Buy.com allowing it to sell books, electronics and other items on eBay's Website without paying the full complement of fees. Technical indicators for the stock are bearish but slightly improving while S&P gives EBAY a very positive 5 STARS (out of 5) strong buy rating.
in Online Auctions
via Market Intelligence Center @ 16:08 16th Jul
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SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) (www.ebay.com) today announced that as anticipation builds for the seventh eBay Live Community conference, the last such event until 2010, registration is rapidly filling up. Held this year in Chicago, June 19-21, at McCormick Place West convention center, eBay bills the event as an unrivaled opportunity for eBay sellers from around the world to network with fellow eBay Community members, meet tradeshow exhibitors, and attend educational sessions to learn about best practices for buying and selling on eBay. The event sold out last year, so interested parties are encouraged to sign up via: http://pages.ebay.com/ebaylive.
in Online Auctions
via SmartBrief @ 0:21 15th May
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SAN JOSE, Calif. --(Business Wire)-- eBay Inc. (Nasdaq:EBAY) (www.ebay.com) today announced that as anticipation builds for the seventh eBay Live Community conference, the last such event until 2010, registration is rapidly filling up. Held this year in Chicago, June 19-21, at McCormick Place West convention center, eBay bills the event as an unrivaled opportunity for eBay sellers from around the world to network with fellow eBay Community members, meet tradeshow exhibitors, and attend educational sessions to learn about best practices for buying and selling on eBay. The event sold out last year, so interested parties are encouraged to sign up via: http://pages.ebay.com/ebaylive.
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via TMC Net @ 18:52 13th May
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Craigslist found it didn't like having such a close competitor on its board. In less than three years, the eBay-Craigslist dream tieup became a competitive nightmare. eBay says Craigslist illegally constrained its influence by diluting eBay's 28 percent stake, and inhibiting eBay's ability to get the highest price for its share of the company.
in Online Auctions
via CIO Today @ 4:53 30th May
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Craigslist found it didn't like having such a close competitor on its board. In less than three years, the eBay-Craigslist dream tieup became a competitive nightmare. eBay says Craigslist illegally constrained its influence by diluting eBay's 28 percent stake, and inhibiting eBay's ability to get the highest price for its share of the company.
in Online Auctions
via NewsFactor Network @ 3:41 23rd May
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Craigslist filed a countersuit against eBay, challenging the latter’s allegations that Craigslist discriminated against eBay as a shareholder, and alleging that eBay used its minority stake in Craigslist to steal corporate trade secrets and launch competitor Kijiji.
in IP & Patents
via Media Buyer Planner @ 23:40 14th May
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craigslist filed a countersuit against eBay, challenging the latter’s allegations that craigslist discriminated against eBay as a shareholder, and alleging that eBay used its minority stake in craigslist to steal corporate trade secrets for the launch of Kijiji, MediaBuyerPlanner writes.
in Online Auctions
via MarketingVOX @ 0:20 15th May
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Lets see, first eBay filed suit against Craigslist. The company responded and eBay made its case public. Well, today Craigslist has filed suit against eBay claiming they have used their minority stake in Craigslist to steal corporate trade secrets.
in Online Auctions
via Hard OCP @ 5:28 14th May
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Online classifieds leader Craigslist.com has filed a countersuit against business rival eBay, alleging eBay had used its minority stake in Craigslist to steal corporate trade secrets. (snip) "In the months leading up to the launch of its competing Kijiji site ... eBay used its shareholder status to plant on Craigslist's board of directors the individual responsible for launching and/or operating Kijiji," the latest suit alleges.
in Online Auctions
via Lucianne.com @ 4:46 15th May
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in Cricket
via Sify @ 23:20 22nd May
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An anonymous reader writes "eBay's has lost its fight to ban all payment methods except PayPal. When Paypal originally announced the scheme it was to be global, but they began with a dry run in Australia to test the reaction of government and consumer authorities. In the public slanging match that followed between eBay and the regulatory ACCC, eBay spammed users claiming it was fighting for 'safety benefits for consumers.' Fortunately the consumers won. Conceded eBay vice president Simon Smith, 'While we disagree with the ACCC's draft notice, we have decided to withdraw the notification to stop any further confusion and disruption among the eBay community.' Nevertheless eBay insists PayPal is now always offered as a payment option. Have big corporations finally learned that they can go too far? More chillingly, if eBay had launched the sc
in Web Developer
via Slashdot @ 15:23 4th Jul
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EBay and Craigslist are two of the most recognizable names for those looking to find items or sell items online. While Craigslist doesn’t run an online auction service like eBay, eBay has a very similar classified ad services called Kijiji.
in Online Auctions
via DailyTech @ 10:45 18th May
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Craigslist has filed its response to eBay’s (EBAY) lawsuit and the company hits back – hard. Craigslist alleges that eBay participated in everything from “unlawful and unfair competition,” to false advertising, business interference and even phishing attacks.
in Online Auctions
via Seeking Alpha @ 13:27 16th May
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EBay said Craigslists' allegations are unfounded and unsubstantiated. It claims Craigslist is trying to divert attention from eBay's lawsuit, filed in April, which alleges that Craigslist founder Craig Newmark and Chief Executive Jim Buckmaster engaged in a series of "clandestine transactions" intended to dilute eBay's stake unfairly.
in Online Auctions
via NewsFactor Network @ 22:58 16th May
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Craigslist filed a countersuit against eBay, alleging that the Internet auction company engaged in unfair competition, trademark infringement and a slew of other improper activities. The move comes less than a month after eBay sued Craigslist, claiming the privately held online classifieds company tried to dilute its ownership stake in Craigslist and removed its representative from the board of directors.
in Online Auctions
via GigaLaw.com @ 16:44 15th May
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EBay delays mandatory shipping specifications until August, eBay apps for the new iPhone are out now and eBay offers Fixed Price listings promotions. Plus, we take a look at the free eBay alternative selling site, Flippid.com, and also offer hints and tips from eBay sellers.
in Online Auctions
via Electronic Commerce Guide @ 19:47 16th Jul
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SAN FRANCISCO (Reuters) - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay <EBAY.O>, alleging eBay used its minority stake in Craigslist to steal its corporate trade secrets.
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via MSN UK @ 3:35 14th May
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SAN FRANCISCO (Reuters) - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay (EBAY.O: Quote, Profile, Research), alleging eBay used its minority stake in Craigslist to steal corporate trade secrets.
in Online Auctions
via Reuters UK @ 18:53 13th May
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SAN FRANCISCO, May 13 (Reuters) - Online classifieds leader Craigslist.com on Tuesday filed a countersuit against business rival eBay Inc (EBAY.O: Quote, Profile , Research), alleging eBay had used its minority stake in Craigslist to steal corporate trade secrets.
in Online Auctions
via Reuters @ 18:53 13th May
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SAN FRANCISCO, May 13 (Reuters) - Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay Inc (EBAY.O: Quote, Profile, Research), alleging eBay used its minority stake in Craigslist to steal its corporate trade secrets.
in Online Auctions
via Reuters @ 21:45 13th May
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SAN FRANCISCO, May 13 (Reuters) - Online classifieds leader Craigslist.com on Tuesday filed a countersuit against business rival eBay Inc (EBAY.O: Quote, Profile , Research), alleging eBay had used its minority stake in Craigslist to steal corporate trade secrets.
in Online Auctions
via Reuters @ 18:53 13th May
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SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.
in Online Auctions
via SmartBrief @ 1:18 18th Jul
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SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.
in Online Auctions
via Media Workstation @ 7:09 17th Jul
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