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Investors Flee Tech Stocks Again, Pummeling Nasdaq – ABC News

Investors Flee Tech Stocks Again, Pummeling NasdaqABC NewsThe high-flyers are laying the stock market low — once again. Investors turned against biotech, Internet and other once-soaring stocks on Thursday, driving the Nasdaq composite index to its worst day since 2011. The sell-off in tech names dragged down … More: continued …

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Icahn, eBay settle bitter dispute – San Jose Mercury News

Icahn, eBay settle bitter disputeSan Jose Mercury NewsSAN JOSE — After settling a bitter dispute with activist investor Carl Icahn on Thursday, eBay has some relief from scrutiny of its business decisions, which intensified just as the tech company is aiming for its most profitable year ever. But the … …

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Icahn abandons push for eBay to sell PayPal – New York Post

Icahn abandons push for eBay to sell PayPalNew York PostSilicon Valley entrepreneur Marc Andreessen emerged as the big winner in the bruising battle with activist investor Carl Icahn over the fate of online auction company eBay. Icahn backed off his push for eBay to spin off payment service PayPal and …

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Icahn Interview on eBay Settlement – New York Times

Icahn Interview on eBay SettlementNew York TimesIt's not every day that you hear the billionaire activist investor Carl C. Icahn utter the statement, “it's better to have peace than war.” It's particularly incongruous in the context of his fight against the board of eBay, the $70 billion e-commerce … More: …

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Ending Vitriol, Icahn and eBay Reach a Deal – New York Times

Ending Vitriol, Icahn and eBay Reach a DealNew York TimesLast month, Carl C. Icahn appeared ready to take no prisoners in his battle with eBay, calling the online commerce giant among the worst-run companies he had ever seen. On Thursday, however, he backpedaled from the flurry of insults he had …

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Icahn backs off push to remake eBay – New York Post

Icahn backs off push to remake eBayNew York PostCarl Icahn is backing down from his push to remake eBay, settling an acrimonious dispute just ahead of what promised to be an awkward annual shareholders meeting. The company has been fighting calls from the activist investor to spin off PayPal, eBay's … …

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