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eBay, Cisco: Tech Winners & Losers

NEW YORK (TheStreet) — eBay jumped 8.2% to $34.57 in afternoon trading Thursday, after hitting a 52-week high earlier in the day. The e-commerce company is hosting its first analyst day in two years, where PayPal division president Scott Thompson said the business is expected to grow from $3.4 billion …

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Royal suit

The world’s richest and most powerful cricket board is being sued. By one of its franchisees, no less. The Rajasthan Royals has filed a suit against the BCCI claiming losses amounting to a whopping Rs 120 crore for damage to its reputation, sponsors and legal fees. More: continued here

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