Activist investor Carl Icahn refuses to back down as eBay continues to engage him in a war of words over the company’s corporate governance and the future of PayPal. More: continued here
Read More »EBay founder defends plan to retain PayPal
EBay's founder Pierre Omidyar on Thursday said billionaire investor Carl Icahn's claims that the company is not operating in the best manner for shareholders aren't merited. In three letters to shareholders … More: continued here
Read More »India’s 1st post office savings bank ATM inaugurated in Chennai
The country’s first Post Office Savings Bank ATM was inaugurated here today by Finance Minister P Chidambaram as a part of the government’s ₹4,909 crore IT modernisation scheme for the Department… More: continued here
Read More »Icahn challenges eBay to public debate
(Reuters) – Activist investor Carl Icahn challenged eBay Inc executives to a public debate after accusing two company directors of conflicts of interest earlier this week. Icahn, who disclosed a 2.15 percent stake in the e-commerce giant last week, had accused two long-time eBay board members, Marc Andreessen and Scott …
Read More »Buy This ‘Flappy Bird’ Toast … and Other ‘Art’ on eBay – Wall Street Journal (blog)
Buy This 'Flappy Bird' Toast … and Other 'Art' on eBayWall Street Journal (blog)Earlier this month, Don Nguyen abruptly pulled the plug on his mobile game “Flappy Bird,” an addictively frustrating game that combined the avian allure of “Angry Birds” with the landscape of “Mario Bros.” During its short flight, …
Read More »Icahn Continues Push to Split PayPal from eBay – Wall Street Journal
Icahn Continues Push to Split PayPal from eBayWall Street JournalIn his second letter this week to eBay shareholders, Mr. Icahn reiterated his concerns about potential conflicts of interest on the online retailer's board. He again said two long-serving directors, venture capitalist Marc Andreessen and Intuit Inc … More: continued here
Read More »India’s first post office savings bank ATM in Chennai – NDTV
India's first post office savings bank ATM in ChennaiNDTVChennai: Country's first Post Office Savings Bank ATM was inaugurated in Chennai today by Finance Minister P Chidambaram as a part of the government's Rs 4,909 crore IT modernisation scheme for the Department of Posts. After launching the ATM service …Soon car manufacturers, …
Read More »Icahn Attacks EBay, Calls Governance ‘Dysfunctional’ – Bloomberg
Icahn Attacks EBay, Calls Governance 'Dysfunctional'BloombergActivist investor Carl Icahn escalated his attack on EBay Inc. Chief Executive Officer John Donahoe and the company's board, calling its governance “dysfunctional” and riddled with conflicts. Icahn, the billionaire who last month proposed that EBay… More: continued here
Read More »Shropshire businessman defrauded Royal Mail by underpaying on parcel postage – shropshirestar.com
Shropshire businessman defrauded Royal Mail by underpaying on parcel postageshropshirestar.comSimon James Lucas, the owner of Bridgnorth Delicatessen, sent 112 parcels via a Royal Mail online account but underpaid the postage by printing off pre-paid stamps for just a fraction of the true cost. Lucas, from Apley Forge, Telford, pleaded guilty …
Read More »New figures show taxpayers lost billions on Royal Mail privatisation – Left Foot Forward
Left Foot Forward New figures show taxpayers lost billions on Royal Mail privatisationLeft Foot ForwardThe new information shows that 21 banks made estimates of the Royal Mail's value, and that all but four of the lowest valuations were higher than the amount for which the organisation was sold off. The …
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