|
Craigslist gets personal with eBay countersuit: related news
Tags:
craigslist countersuit ebay gets personal
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
- Related
Although Craigslist originally said that it couldn’t respond to the allegations made in eBay’s (EBAY) lawsuit against the company, it seems that Craig and/or Jim couldn’t help themselves: The Craigslist blog has a post up entitled “Kettles and Pots” which notes that many of the things eBay is accusing Craigslist of doing are things that eBay has either also done with its own shares, or has previously argued should be done with Craigslist shares. For example, the Craigslist blog argues that eBay has:
in Online Auctions
via Seeking Alpha @ 1:41 3rd May
- Related
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
- Related
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
- Related
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
- Related
Execs at Craigslist felt threatened by eBay and made calculated moves to reduce eBay's equity and decision-making powers in the company, according to eBay's newly-unsealed lawsuit (PDF). eBay says that Craigslist CEO Jim Buckmaster and founder Craig Newmark "breached their fiduciary duties of care, loyalty, and good faith by implementing certain self-dealing transactions... which were designed specifically to benefit themselves to the detriment of eBay." eBay is asking that the courts rescind or declare void the decisions made by Buckmaster and Newmark, and seeks recissory damages, attorney's fees, and other costs involved in filing the suit.
in Online Auctions
via ArsTechnica @ 19:50 1st May
- Related
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
- Related
Add our medical news to digg - Personal genomes may lead to personalized vitamin supplements Add our medical news to NewsVine - Personal genomes may lead to personalized vitamin supplements Add our medical news to Fark - Personal genomes may lead to personalized vitamin supplements Add our medical news to Furl - Personal genomes may lead to personalized vitamin supplements Add our medical news to Shadows - Personal genomes may lead to personalized vitamin supplements Add our medical news to YahooMyWeb - Personal genomes may lead to personalized vitamin supplements Add our medical news to Reddit -Personal genomes may lead to personalized vitamin supplements Add our medical news to StumbleUpon - Personal genomes may lead to personalized vitamin supplements Add our medical news to Facebook - Personal genomes may lead to personalized vitamin
in Biological Science
via News-Medical.Net @ 0:41 3rd Jun
- Related
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
- Related
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 TMC Net @ 18:52 13th May
- Related
Craigslist's CEO Jim Buckmaster believes that eBay's lawsuit is an exercise in hypocrisy, in no small part because the online auction giant has taken many of the same measures Craigslist did in order to protect itself. Buckmaster made yet another post to the Craigslist Blog over the lawsuit, addressing some of the points that eBay raised in its recently-unsealed complaint. While Buckmaster's points may be true, though, his post seems to dance around the overall point of the lawsuit—that Craigslist has diluted eBay's stake in the popular classified site through its actions.
in Online Auctions
via ArsTechnica @ 4:26 6th May
- Related
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
- Related
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
- Related
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
- Related
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
- Related
SAN FRANCISCO (Reuters) Online classifieds leader Craigslist.com filed a countersuit on Tuesday against business rival eBay, alleging eBay used its minority stake in Craigslist to steal its corporate trade secrets.
in Online Auctions
via Electronic Commerce Guide @ 18:30 14th May
- Related
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
- Related
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.
in Online Auctions
via MSN UK @ 3:35 14th May
- Related
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
- Related
There is a little more info out there today regarding that lawsuit eBay brought against Craigslist last week. Craigslist is allegedly diluting eBay's stake in the company unfairly. Obviously Craigslist denies that saying the problem is that they are no longer comfortable with having eBay as a shareholder.
in Online Auctions
via Hard OCP @ 19:45 1st May
- Related
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
- Related
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
- Related
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
- Related
Newmarkhammer Craigslist has filed a countersuit against eBay, alleging that the auction site used its minority stake in Craigslist to engage in unfair and unlawful anticompetitive behavior, false advertising, trademark infringement, and other misdeeds.
in Online Auctions
via Wired News @ 19:32 13th May
- Related
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
- Related
Search took 0.47 seconds.
|
|
