eBay has agreed to pay nearly $56 million to a Massachusetts couple who said former employees of the company targeted them with threats and bizarre anonymous deliveries, including live cockroaches and spiders, a funeral wreath and a bloody pig mask.
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 harassment campaign carried out by several of its employees in retaliation for their coverage of the e-commerce company in a newsletter they publish.
eBay rejects GameStop’s $56B takeover bid, Marathon Digital Holdings shifts focus from mining toward AI infrastructure, and hotter-than-expected inflation data weakens hopes for Fed rate cuts this year.
@SamEwen has what you need to know.
eBay has rejected GameStop’s $56 billion offer to buy the company
The board feels the unsolicited bid is not realistic or attractive due to financing uncertainties and harm to eBay’s independent growth plans.
The two companies had no prior talks, and while GameStop had $20 billion in loans lined up, it did not have a clear plan for the rest of the money.
$EBAY — eBay is shifting from legacy e-commerce platform to a growth story driven by AI and strategic partnerships, with earnings, alliances, and M&A headlines all developing in parallel
Highlights:
— Strong Q1 2026 results: revenue of $3.1B, up 19% YoY, with non-GAAP EPS of $1.66 — all beating market expectations
— A strategic partnership with Hertz officially launched this month, bringing Hertz-certified used car digital showrooms to the eBay platform, with over 8,000 vehicles in the initial listing — a move into a high-ticket vertical
— GameStop made a $125/share bid (around $56B total) for eBay in early May; given GameStop's market cap sits well below eBay's, the proposal drew heavy attention. eBay's board formally rejected it on May 12
Three independent storylines unfolding at once, putting eBay back on the discussion table beyond "legacy e-commerce"
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