By Nate Raymond July 28 (Reuters) - EBay and three former top executives have agreed to pay $55.7 million to resolve a lawsuit by a Massachusetts couple who fell victim to a bizarre stalking and
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Meta Platforms is launching a dedicated app for sellers on Facebook Marketplace. Meta stock was a fraction lower early Friday while the news appeared to weigh on eBay shares. The new app will be called Seller, according to an announcement from Meta on Friday morning.
Investing.com - U.S. stock futures edged higher on Friday, recovering after a broad selloff in the previous session as investors weighed persistent geopolitical tensions in the Middle East against another wave of upbeat corporate earnings and artificial intelligence-related announcements.
Shares of eBay (NASDAQ:EBAY) fell 3.7% Friday morning as investors reacted to Meta’s launch of a dedicated Seller app for Facebook Marketplace. While Meta’s product rollout was public, the stock decline underscores growing concern on Wall Street that Meta is making a direct play for eBay’s core seller base. Historically viewed as an informal, local yard-sale platform, Facebook Marketplace’s standalone "Seller" app introduces tools specifically engineered to siphon professional, high-margin power
A Senate China probe, AI spending fears, and fresh layoffs are hitting Amazon stock just one week before a quarter that Wall Street expects to be strong. Something does not add up, and earnings may force a reckoning either way.

Practical Venture Capital general partner, Aman Verjee, shares a few of his thoughts on Anthropic's (ANTH.PVT) and OpenAI's (OPAI.PVT) anticipated IPOs.
Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like. The company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout shop Advent International.
GameStop chief executive Ryan Cohen is pressing ahead with a long-shot pursuit of eBay despite Wall Street scepticism, quietly amassing a nearly...
Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, nearly three months after making an unsolicited offer to buy eBay for roughly $56 billion. GameStop said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman "we have accumulated a 5% economic stake" through derivatives and beneficial ownership. GameStop bought 3.5 million eBay shares for roughly $381 million last month and said it settled 39 million eBay shares from put/call pairs on Friday.
Investing.com -- GameStop Corp. Chief Executive Officer Ryan Cohen said he will not back down from his pursuit of eBay Inc., despite the online auction company's rejection of his $56 billion takeover bid.
(Bloomberg) -- GameStop Corp. Chief Executive Officer Ryan Cohen declined to say if he planned to raise his $56 billion offer for online auctioneer eBay Inc., but said “we’re coming for eBay one way or another.”Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companio
The deal was first disclosed in February, when eBay agreed to acquire Depop from Etsy via an all-cash arrangement valued at $1.2bn.
PayPal shares are up 19% in premarket trading after Reuters reported that payments processor Stripe and private-equity firm Advent offered to buy it for $60.50 a share, in a deal that would value at it more than $53 billion. If the gains hold, PayPal shares are on track to open above $56. PayPal shares have languished in the past few years as the company has struggled to compete in the payments-technology space.
eBay will report its Q2 results soon. Here’s what analysts expect out of it…
Investors approved all proposals at the annual meeting, giving the videogame retailer greater flexibility for future strategic transactions.
The U.S. innovation engine, from the Model T to SpaceX and AI, continues to be a rocket for America's economy. But China is a growing rival.
(Bloomberg) -- The year was tipped to be a potential blockbuster in deals and the first half delivered, setting a pace that is likely to continue in the closing months of 2026.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsWhatsApp Opens Username Reservations to 3 Billion UsersYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanFrom wel
GameStop (NYSE:GME) shares rose 1. 4% in premarket trading to $22.
GameStop (GME) tried to buy eBay once already, and the answer was no. That rejection would have ended most takeover attempts. Cohen is not backing down. Instead, GameStop spent the following weeks building a bigger position and a stronger balance sheet, the opposite of what a retreat looks like. In ...
GameStop pledged on Friday to pursue its proposed takeover of eBay, even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer. GameStop CEO Ryan Cohen had surprised Wall Street with the offer to buy eBay in May to turn it into a bigger competitor to Amazon. GameStop also expects to generate adjusted earnings before interest, taxes, depreciation and amortization of more than $600 million in fiscal 2026, compared with $345.4 million reported in fiscal 2025, it said in a regulatory filing.
GameStop Corp (NYSE:GME)'s board has scrapped a proposed CEO performance award after a request from CEO Ryan Cohen, who said he wants leadership focused on the company's operating performance and its pursuit of online marketplace eBay. The award, approved in January 2026, would have paid...
The proposed CEO Performance Award was a large stock option package for Ryan Cohen that GameStop’s board approved in January 2026.
Investing.com -- GameStop Corp. said Tuesday its board has approved Chairman and CEO Ryan Cohen's request to withdraw a proposed CEO Performance Award from the company's proxy statement as the retailer shifts focus to its planned acquisition of eBay Inc.
Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unveil more details about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay rejected a $56 billion takeover bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible nor attractive."
As companies move quickly to adapt artificial intelligence, there are some areas where it may do more harm than good.
Sequoia Capital’s Roelof Botha, who previously served as the firm’s top leader, has joined SpaceX as a director on its board. Botha will serve as an independent director, expanding the new public company’s board to nine people including Chief Executive Elon Musk and President Gwynne Shotwell.
Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand globally. Nuvei will buy all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.
There are over 100 reports of hot liquid or steam being released unexpectedly from Kidisle-branded hot and iced coffee machines.
Wall Street is taking a fresh look at eBay and Etsy, and the conclusions may surprise investors who have written off both companies. In a research note shared with me, Morgan Stanley analysts Nathan Feather and Brian Nowak argue that the market is underestimating how well-positioned both platforms ...
The probe is the first phase of a review to see if the deal could hurt competition.