Google, EBay and the Roots of Collusion – Bloomberg View

International Business Times UK Google, EBay and the Roots of CollusionBloomberg ViewThe article asserts that in 2005, Eric Schmidt, then Google's chief executive officer, received a call from an angry Meg Whitman, then the CEO at eBay, who complained that Google was driving up salaries across the industry. In response, …

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Old Post Office building requires quake strengthening

Rotorua’s iconic former Post Office building on Fenton Street, now part of the city’s i-SITE and Visitor Information Centre complex, has closed temporarily so the structure can be strengthened. The decision by Rotorua District Council (RDC) follows a recent professional engineering assessment which revealed that the building qualifies as ‘earthquake-prone’ …

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Management cull at privatised Royal Mail – CIPD (blog)

Management cull at privatised Royal MailCIPD (blog)Royal Mail is consulting with unions over plans to cut 1,600 jobs at the newly privatised business. A net reduction of around 1,300 roles is expected – mainly among head office managerial employees – with plans to create 300 new or enhanced roles at …

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Carl Icahn is losing another tech fight – CNNMoney

PYMNTS.com Carl Icahn is losing another tech fightCNNMoneyIcahn believes PayPal is undervalued as a unit of eBay, and that it would benefit from a focused, independent management team. The fight has grown increasingly bitter since he revealed a 0.82% stake in eBay earlier this year and began his push for …

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EBay Reiterates Icahn Opposition [VIDEO]

EBay reiterated its opposition to activist investor Carl Icahn's effort to break up the e-commerce company, saying its board unanimously recommends shareholder vote against Icahn's board nominees and break-up proposal. Since taking a roughly 2% stake in eBay, Icahn has aggressively pushed for a spinoff of the company's payment service …

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