35 Burst results for "EBay"
Cryptocurrency and Taxes
"We're talking about taxes right? It was crazy to me. Is that when we first got into space everyone thought it was like. I Dunno taxes was like such an afterthought but now that we're at the point where taxes have to be of forethought. Kinda shows the growth of everything. For example, my pops he hit me up. And he's like, how's do my taxes this year? And I got ask a bunch of questions about crypto like Bitcoin and do I trade and do I train light kind crypto and I. Didn't have the answers. So I didn't know what to do. And I'm like in my opinion I think that shows just the progression of space since we started the ship like. Regular Joes. I mean it certainly shows. Like a outward perception, a legitimacy. Of like how people feel this is a thing and it's gotten big enough to where like. Government authorities have to start asking questions because enough people are using it to justify them wanting to collect taxes on it. Enough. Businesses are asking questions in terms of like, how do I properly file if I WANNA. Take this as a form of income because I would like to. and the there's not a lot of answers across the board like hard answers but. It definitely speaks to like I said the legitimacy of how people feel. About this technology and if you think back to earlier days a good portion of it was like. An effort to completely get around. All of this stuff and make it a global currency that doesn't require that. That's ridiculous like an realistically speaking. You're never going to be able to run a business. Without paying taxes to the justification that business exists in. Now like it may get odd in. Answering the question as to where your business exists if it exists on the Internet. What jurisdiction it's it's reliant upon that's a whole different story the. I think as a business one thing I found out recently from a from my accountant nine attacks just an account. If? Your Business. And you want to buy an old crypto. That is just a balance sheet transaction. So that means, is Ya gotTA pay taxes You're basically moving in that's highly liquid southern that slightly less liquid on your balance sheet and that's it. So you can buy whole cook does business and your tax as if his property. Ebay capital-gains tax long term short term been how long you held it. I think long terms just one qualification anything long eating your whole longer than a year I, think qualifies for that long term capital gains tax. So. I think it's so difficult though like even if you were business trying to do this stuff. Like. This is something that I had an issue with and some project that I wanted to work on button due to lack of time and never got done was small business services like the turbo tax for understanding. How you deal with even invoicing accepting pricing timing of all these things and look how how value fluctuates in between all of these different points and so like if you think about this specific, that bothers me we say like Bitcoin or whatever is money it's not. It depends on how you like define money but like. When you the if the price of what you're billing in changes drastically from when you invoice to win, you receive to win. You can rec- when you spend it to etcetera like that's not this is going to do that. They're not giants several conversations throughout the whole process of like estimate to invoice to collecting you gotTa have three different several conversations. They're like, Hey, I know and we estimated the Bad Boy. This is how much big when you're GonNa give me but it seems like the prices gone down. So you're going to have to give me a little bit more big guess class not going to do anything like fuck that this quote we signed it it's a it's a go. This is go. So as a business loan, it's not feasible to accept cryptocurrency except for I would say Oh very short term projects or products. Right. If you have a factored in that, the spot price is going to change so much right. So if I sell this bag of chips I'm not I'm not concerned with the float.
Visa Tops Earnings Expectations but Travel Category Remains Slow to Snap Back
"After the bell visa saw its profits coming in ahead of targets, But it's travel category was slow to come back visas seeing spending on its cards improved in recent weeks. Much of that driven by online and mobile transactions, eBay says, returning toe online marketplaces for shopping, So it's expecting much higher revenue than analysts predict.
Twitter Will Be Fun Today - The College Kids Who Hacked Into Twitter
"Today's guests. His Hip Awan CEO of Afani. Secure and private cell phone service locum his Heeb. Thank you Laura for home. You'll show. You were one of the investigators in touch with the young people who hacked twitter last week and gain control of prominent accounts, including those of Joe. Biden Obama Elon Musk and others as well as those of crypt companies like coin, base and finance, and when they had control those accounts, they were soliciting bitcoin from twitter users. How did you get in touch with the hackers? So Laura be in like. four-time itself, so then after I was so pissed off that angry that I said I need to solve this problem, and so I've entered into a form that relates how they have those accounts holiday getting pretty much all the ring of how they operate so. When you say that they had had your twitter account, nor they have my Sim Sark four times. Okay, and when you say Sim, swaps just described that in case, listeners does up. Does improper pretty much. What happened is like someone will take the form so the underground market like think about Ebay, but like I knew democracy with information. So you said your name, your information social security number your call logs your life, your life, location or anything on you. If I say hey, I need to find out for Laura Shane telephone number, and they'll give me telephone number will give me a call loss to give you. An everything comes through telephone numbers of numbers unique, and then if I say. Say Hey. I need to take the phone number 'cause I need so they will just prophet abuse him that I control, and I need to pay them few hundred dollars now. Your formula not work anymore because I had control of Sim card, so then I use that telephone number to get into a g mail, facebook and twitter, so if you go on twitter, new likely rescinded to email our number. If it's telephone number you've got. Someone's adopted very common technique deployed across US for a long time. So. The twitter hack twitter said that their employees had been socially engineered, and that's how these hackers gained control the systems. Are you saying that? Some twitter employees have their account. Sim swapped like how how does that you or Simspon tried? These people relate to the twitter Hack Greg? You wanted to ask me like how to get in touch with them so I'm trying to understand. You, that of analysis himself, so started going into the industry into this form than trying to see how they operate and to Dodd funny, so which will provide the made acadia that probably that cannot be Simpson's. That's what we did an offer that. VINCI START GETTING customers. Have you would actually getting a lot of attempts to do so? You would getting Dempsey pretty much every week that someone prior to himself or customer, trying to like hack into our system and mend the failed. I got in contact David Mayhew call, they would email method you and they will do all kinds of attacks. You know they'll try to let pen to pen tests. The everything did and obviously in one of the cases restocked immunity stopping messing around it right I know what you're up to. And after I got in touch with him to signal and author that the lake. Not I won't say that become a friend, but I told them why you're doing this. Thank you know you should not do this multiple hackers and they said okay. If you don't have anything to do pretty much, does it okay? Why don't you get a job? He said job, and then they start feeding the all information to proved at. Legit than a lot of information and how I was getting information from a lot of talk of the vote. And when it all this happened that you got in touch with him and had it happened late four five months ago. Okay They were diverging to me not just for this hot, but for other purposes to ride like a kid discount. Lot of databases beach everyday, so they wanted to see that a hey. If I'm interesting in the database, just wanted to work pretty much. is not money. It's also about ego that they wanNA prove something that they would do something so. So Mike Context for not hacking, but they'll be into the songs that they had access to. That follows A. Up I didn't want to. Excessive today were passing me. Hey, today. This is for sale to do sports on tomorrow. This person's so on the deal stood attack. I got a message that will be fun today, and when this message I thought he'd be like a distributor barks. Like scam scams, and but after why? That's all the kind. We got attacked ten. Finance Accounting Noble at depth one time. I taught that it's just a third party API like you know you have like you know where your schedule. The in everything I thought that may be compromised, and that's how they got author. Riley said No. We have everything. A screen chart I tweeted screen shot, and after that is blue. Well and so, who are these people? who were the people involved in the actual twitter hack? The difficult to identity like frankly I don't know I can speculate, but obviously because someone security and privacy I don't want to speculate but I can tell you wanting like college. Kids are maybe like someone between eight, eighty, twenty, one, twenty, two, and they are video gamers. They'd metaphor armed, and they found fascinating for them. Dislike a game like you go into video game on you killing you do stuff for them. It's like that. They, probably living in some way or radio patterns right now in basement. Who does not even know anything? and. They just do it for fun. Obviously, money's there, too, but most of fun for them is just a today. And so originally. The way you got in touch with them was they were targeting these different cell phone accounts, and what does motivation and taking over the different cell phone accounts so for account you can actually to when people take account, they can actually destroy you financially emotionally ended up recently, though by financial I can say they can get into your county bank accounts ticket by Tiptoe through that they can buy a lot of levels of securities financially they can do. obviously going to facebook in an email to, and then they donor all information from your facebook, and then they start blackmailing you that. Hey, likely when a lot you have done this like you know you have this. And you have to pay me this information out there and a lot of people would have to pay them the money because they don't pay the money. They looted operation right so and then third party. They just become Parson Mike is the word processing me. blender used to take my county new. They cannot get anything, but they wanted to talk to me. Just fun for them like people. Some people are sick. Like how did they pick you out of all the different people that they could torture also the league, if not just me like everyday hundreds of people to get them soft, though I'm just one of them on average, every second medical become victim of since up, not himself but cybercrimes so. But I had the impression that this was primarily targeting crypto currency people, but you're saying it's any bundled nor I think eighty percent of people who was himself to an entrepreneur L.! And the new in the cases of those people is it like personal vendettas that they're trying to? You can make more money by a hacking Lord cell than anything else you know. is one thing but Lloyd is like one number one target Loyd and has professionals league doctor medical doctor then. In Lord other number one targets in suffers, and what is the motivation for targeting lawyers Don. Money don't happen. How do they monetize that Yeah, so I tell you doctors, basically busy less tech, savvy and rich. It's that easy to find out any doctor information. You can find out who the best doctor in the city and you consume. Stop Him. And once you get into that account, you can transfer money between accounts who can be that people have been? Going into the count, Simpson calling the bank making via transfer, and then just checking accounts. That's pretty common. For for doctors to clinics have a lot of money. If you'RE GONNA clinic, instead he did even like five hundred hundred million dollar distorted the front because Alaska. Election for them. Okay, so let's go back to the twitter hack. They were some names that were identified of people who are involved these names. In The New York Times article that quoted you as a source one was kirk. There were some other people ll and ever so anxious. Who were these people? And how did they know each other? So they don't. Know the Best Birdie. They just hang out on rooms like chatting channels lake similar people on developed talked with you. The pirates channels. We had people a go if they WANNA have information to the document industry for finding information. If I want someone associated Gordon dissipates on one. Don't get call for these people trade information. And you asked about like a leg. Imagine your lawyer and you are fighting for my open kiss. We begin go to the website by that long since he will. They are who they're talking to the day can. Make some delays on them. That's one thing but other than that. These people are just a game as they would play like you know different video games and kick the die, who was basically a source of the rate industry rock says they'll be extra agents, and they are in room for longtime and David. Obviously you want you want something you don't trust the new guy. The new guy who is basically the main culprit punching the entity because multiple reasons, but the main guidance, the just which had A. Reputation. If you say you want a username of Laura at Laura, Shannon inactive. You may not trust kick, so you can do this. Middle Diane Tell Them Hey, can you hold the money for because you have a good relation? Because like Ebid forums generally have a petition systems. You know so then you ve into this guy like you know every inch it He went to care. Concur depended he the credit employees but I. Don't think he was employees. And, then he gave him the concert start building. So this is just a middleman. He was just broken deals. You tell them what you want. He was just keep his car and transfer the money. The is completed that fall. And so so kirk was was saying that he was a twitter employees, but as you said, you don't think that he was, and he was essentially selling valuable twitter accounts, and if people didn't trust, Kirk, they would use ever so anxious as their middleman to get the different twitter handles that they wanted. Is that what happened? That's correct. Good Gig, only unharmed on in July of. July it was very recently. that. He actually came so obviously not trust someone admit. That soon. July seventh in the New York Times article are. Limited okay, but all right so but ever so anxious. How to longer reputation and. And that was who people are transacting with. And so then. How did BITCOIN come into this? All. On these things happen through Bitcoins, so the way it started was they were selling. This twitter handles four bitcoin and then later. How did the scam change? So I. Personally is what I personally think. That kid was in touch with the employees who was giving these accounts. For a few thousand dollars. And then. Either bribed him. Architects. Social Engineering Him. Legs because like hey can do. This is my. This is purely my speculation that you're working for so long. He warned the trust. Any may have said Hey, can you log in forbid I wanNA see how it looks like something that he made it something so the guy is pasta on. Hey, just do it, but don't do anything crazy. You Know Butt kicked. Decide Okay, man I can just go on or can also go online with I can do it I can. Can also go on like you know. All those accounts crazy. That's what I okay, but you're just speculating. You don't have any proof that or or do you know what? I don't have any proof of that I don't approve. Have critic probably do it? And Kirk? Is probably a guy called coup, which is on a farm for a long time, so he speculated that he someone that was in the industry for wide, but not. Approved that. Kicked it, but from all the action than everything it all points to cook. Irene so in a moment we're gonNA. Talk a little bit more about what happened. Exactly I, in sight, twitter and scam, but First a quick word from the sponsors who make this show possible. How much in fees are you paying? CRYPTO purchases now crypto dot com as waving the three point five percent credit card fee. When you buy crypto apart from crypto purchases, you can also get a great deal on food and grocery shopping with crypto dot. COM Get up to ten percent back when you pay with their. Visa Card no card use the crippled dot com to buy gift cards for up to twenty percent pack download the Crypto Dot com today, and enjoy these offers until the end of September. Looking to connect with thought, leaders, innovators and blockchain enthusiasts welcome to T- forum a weekly virtual series about all things tasers. Equal, feature presentations about the latest advancements that healthy ecosystem grow together. Interested in speaking at t quorom, submit your presentation ideas and the tasers community will vote on who comes to the podium next sign up and learn more about the virtual series at t quorum dot com. Back to my conversation with his Heeb Awan. So, we don't know exactly how. Kirk got into twitter's internal systems. However Once. He or she did then what'd he do or or she do with their power? So. Kirk than they went to buy I think. Start with by notes I'm coin base. And the see your finance and he made it account Egypt first of all. What did it was did with other? Account. Okay, which means when you log in, it asks you to do a second type of security, which is hopefully. If you're in the crypto space, you have used something like Hugo, authenticate or key, and you're not using text message based second factor authentication. Where they sent a code your phone because otherwise if he gets swaps than than having no. Buyer so. Removed that and then keep going good thing. They added wall a secondary second. You know Autodata so now. I'll give example like you have my username seep, so they moved to a FE, and they're also removed. Jane, Email. And then they. Did possible reset. So the new email guard, the chain deposited garden the account. and. tweeted whatever they wanted. Well, and what were they tweeting? So, they were tweeting that you know. About Co. Ed Nineteen I believe like you know because of Covid, we like helping people. I don't remember the wording. Health Has Something and they said Back. And this is video any comments in YouTube. Actually they were so good that frankly sometime I get like you know Oh my God like the able to make it like a secondary thing. That's real you know and like, but this happens pretty commonly, and and it's happening for almost two years now i. It, really is the kind of thing where people think it's real I honestly. Had created a question for you, which is who are the people who are savvy enough to own bitcoin and know how to send it, but not savvy enough to spot. What to me seems like an obvious scam. Actually went on the Internet and are tweeted out this thing same thing I said like who are those people who can have sophisticated enough to buy Bitcoin, but knowledge to. Send. Bitcoin but I think leap Dick's everything. Like I agree people think okay. Let's give it a chance. You know it's like a lottery ticket. You know people may be, but they think what if this is true and other than that. If you like an must happening there, actually flaunted, be efforts on twitter. All the time with people are donating money on twitter, but they don't ask for anything they say hey, can you give me your Alfred Egland who this every day, so he will dollars to off fifty dollars for every person everyday. You'll say. Retreat this. I'll give you this money. So this happens right now and obviously As hit audible, read like you know when viewed come in people, people forget everything that you know. We have so many Ponzi scheme like so many scattered that happened that exist today could if I come to unity Laura investment scheme, which is a pretty good you know. He hit all the MACHIDA. But it only gives you five percent. You may not listen to that. Say Hey, Lord the Child who may tennis money tomorrow. You may skip everything. Cocaine is thousand and ten dollars tomorrow. Okay I'll take the risk from doing that. Hopefully I'm sure my listeners are savvy enough to know if it sounds too good to be true. But people do that I. Think I have estimated that around like maybe I. Just in this journal given us cam like. He put a lot of tens of millions of dollars and well not last week, but no, not over time overtime. Yeah, yeah, we'll be sending money, so there are enough food. I guess yeah over I mean for last week. The hackers did net about a little over thirteen bitcoin, which was about one hundred twenty thousand dollars, although analysts said that about twenty, thousand of it seems to have come from a suspicious address that they actually think controlled by the hackers to kind of make it look like this was legit and people were actually sending money. But then also by the way they could have netted more. However, Cuevas said that it did prevent more than one thousand customers from sending about two hundred and eighty thousand dollars worth of Bitcoin to the twitter hackers so oriented, so let's talk a little bit also about just what happened in twitter which was? Twitter blog posts. Hackers a targeted. Thirty accounts for forty five of those they reset the password and sent tweets from those accounts for eight of them. They actually downloaded that counts data, and then for thirty sixty legitimate direct message inbox, including one elected official from the Netherlands, and it was who. What do you think they could do with such information? I think it's A. Black, man that I've been talking to you about what happened with sin sopping. Let's think about it if you have first all that fool Phoolan that why didn't put? It wasn't like planned. I don't believe it was just like in the move in the heat of happened. BANDAIDS slaves. They clearly guy who just got drunken pretty might do everything but I think if you have access to like anyone, social media, proper social media like I have been I've received. Messages. And I but I don't believe that I think we have forged around. Believe the electoral, so, but if you have someone should media that maybe confidential information that can be misused by Stacey when leg if you do about it on dedic messages, a you know that's not confident that even with the journalist visceral broads. You know so I. Don't know who the information was. What fast, but that's video very very concerning and I believe this may happen on facebook or other social media from his. Because to same. Attack Factor. Yeah I definitely think that this is. One of those cases where it makes you want to just use encrypted social messaging APPS. Such as like signal or something, maybe what's up? So, let's just also talk a little bit about what we said before about how the hackers were able to remove two factor authentication on these accounts. Well, actually what they did I was. They changed the email address. And then the chain Laras Oh, actually bid on a there was A. There was an email. There was a blog post by somebody who had the at six twitter account, and they said they believed that the hackers change the address, but that when that happened, it did not send a notification to the original email address, but not I don't know if this person was surmising, you know six hundred interest in history, those belong to a hacker. Their the community of Hackers Gobi Twenty six hundred. That's like a court for hackers right. Not a quarterback, just like community for hackers and you were the hacker who ended up homeless anywhere. They will do attack into I think he would to. And he went into multiple you as homeless, but he was a hacker. And oxygen community belong to sixty name. Is this secretly off? I believe his name. And, but yes, but I think the first drift was removed and then. moved. To the letter. Control of it now thought it was the reverse, but either way. In Like for any of us who are in the crypto space who have been? Keeping up with our security and using things like Google. or UB and avoiding. Text message based to a or or any kind of to a based on our phone number. What? Can we take away from this like? Is there any advice that you have for Crypto? People on how they can protect themselves if the services that we use have loopholes like this. Let's not that'll be biased in obviously you know. Will. Finding here, but that's what we do, right. We work, but a lot. Actually I am surprised at how many a compromise them security argue out stocking some customer yesterday and they do You know an extra seat is probably the most I can tell you I know. We are making like a faces, but at same part exit. She's most prominent used offer manager for probably ninety ninety nine percent of the word. What would you recommend instead? Use a password manager, anything manager pretty much everything in the top five six. It stood, you know. Don't cheat on family plan. out on like those like a caveman. This company go with a better company. Even if you don't go the final leg, that's fine at least hell better company like Dourthouse I'm plan because no fan mace. You make you very vulnerable to now you're putting your own life on risk, but everyone who is in the time is. You know and the third party. Don't give out your telephone. Number molasses everywhere. You know like. Don't go to like you. Know have different email address if you want to. And you let you. At Google. Authentic get off your. There's something at one time I have statistics, said ninety five percent of people who are like major changes. Do not have to a fait. Sms I'm talking more to a and I think ninety nine percent of those are what you estimates to say. The people who've been additives Everyday I have started I deal with at least two or three people who get up everyday and came and we had some of the to affair, and I can get into that lot of people into the spark that they were not believe enough not to change it. please. Don't please don't be those people, but I can tell you like I've spent people and I said do this. Man How much time did it like five minutes six league. Logistics you Donald and APP, you know. have to familiar face. You know if you are very cautious, taken for a number, but I can tell you that Khomeini would make this mistake. Ordering will end and it you know, and in the end I did lose industry learn. That's was part. There was still use the same SMS to a fait. The dating did not happen to them. Again happened again. Because if it happens to once, you become more, you know your motorcycle getting out again. If they have found something and something, they just do for fun, and and you know what I because obviously I'm. Biased in a way that the. Customer. Time I've been a victim four times a feed Logar they can. What would you do? Please please please setup. SMS elected more music episodes into gear and please get family plan these I. Know You're saving their ten twenty dollars per months, but in the end you know if you call it a, it's like insurance. You can live without insurance to. But like you know. The one day you need insurance when you need it.
EBay to Sell Classified-Ad Business to Norwegian Firm for $9.2 Billion
"EBay scored an even bigger price for its classifieds business than expected. The San Jose firm selling the unit to Norway's that had been to for $9.2 billion. More than a 1,000,000,000 above the widely reported price. Before the deal was closed, eBay will retain a significant stake in the classifieds business by getting a 44% stake and event as part of the deal. The move completes a serious paring down by eBay following a push in 2019 by activist hedge funds, Elliott Management and starboard value. Which also led to eBay selling StubHub to via Gogo earlier this year for $4 billion although that deal is being probed by regulators in the United Kingdom for potential antitrust issues,
Ebay Reportedly Getting Close to Selling Its Classified-Ads Unit to Adevinta
"The Wall Street Journal is reporting that Ebay is close to a deal to sell its classifieds and division to added Vinter, which is a global marketplace business based in Norway. It is looking like a cash and stock deal somewhere in the neighborhood of eight billion dollars. A shares of ebay are flat on this report. Maybe the. Investors are waiting for confirmation, or maybe this is due to the fact that year to date shares of Ebay up. Just north of sixty percent so. It's been a nice twenty twenty in terms of ebay share price. It has they're continuing to divest the the non-core businesses started with pay. Pal and continued with stub and this will. Leave, as it's activist investors wanted Ebay, easier to understand and more its financials more transparent, and if the activists investors are correct Dave unlocked value by pushing this strategy and this is is part of a winning strategy for for the company in the Stock time will tell but you know I I like what they're holding onto and I. Think they're talking about getting you know. Eight billion issue out of this, and there's some talk about expanding their payments operation. So as you mentioned you go back to two thousand fifteen, they. They spent out pay pal. The end of last year they strike that deal to sell stub hub and. God bless them. They were lucky in the timing of that because. I think they got four billion in the deal to sell Stub, and if for some reason that got delayed. Deep into twenty twenty, there's no way they're getting that amount of money. It's absolutely going to be a lower price so. Ebay got lucky in that regard. Let's go back to the activist investors though so. The activist investors want Ebay. To be a business. It's easier to understand. That there are more parts to the business when they have the classifieds business when the when they had stubhub. That kind of thing, it never struck me as any one of those parts of being overly complex. If. This deal goes through their basically down to the marketplace business, which shouldn't be hard to understand, so the activists get their wish there. Is that a business? Has a particularly bright future I I'm not saying it's doomed. It's not a bricks and mortar. It's not like they're storing up stores all across America, but I just wonder if the marketplace business in and of itself. Is An exciting attractive. Multiples growing business over the next decade. Well, it's a business where they're the leader having. Acquired all the advantages of first mover and having done a lot of other things right, not everything right over the last twenty years, but I think it's it is attractive. They're. A very relevant, possibly more relevant as people need to sell some stuff to get get through this period of time and those with money. You're looking to add stuff to the houses they're. They're trapped in so I think that they're getting more traffic and I don't see what you know. There are other companies that have taken a stab at trying to go after that business. and. They've really failed for the most part. Be Interesting to see what happens with the stock when this deal gets finalized. Also Out of into is a publicly traded company it's it's not listed in the US. Did Trades over the counter as best I could tell the overall market cap. Of this markets play marketplace business based in Norway. is about eight billion dollars so I'm I always find it interesting? When companies are like? Yeah, we'll basically come up with the cash and stock equivalent of the complete value of our company. To make this deal work. Yeah well since it hasn't been announced. We don't know what they're gonNA come up with in terms of. Some combination of cash and stock so Ebay may still have. You know public share interest in the resulting company with. Speculation right now as as to what that might look like, but yeah, it would radically. Increase the size, the business adventist doing.
EBay Nears Deal to Sell Classified-Ad Unit to Adevinta
"Nearing a deal to sell its classified ad unit to Advanta, Advanta, Advanta, let's go ahead and enter. Whatever and Mike, they're valuing this $8 billion. I didn't even know this was a thing. It's the international Craigslist had never heard of their classified ads unit. Neither had I, frankly. So beyond other Sir, the investors and eBay have over the last several years kind of pushed eBay toe strip themselves and a lot of their other business units, which for those shareholders need bay. That's been a good thing. If you if you won't pay pal, for instance, that stock has done incredibly well. They struck a deal to sell off their StubHub ticketing division last year, and this is really the last big one that they had that wasn't really core to eBay's business. This classified ads, you know, think again. Think of it, as like a Craigslist or Facebook marketplace for a lot of non U. S markets. Wish again if you're competing with Facebook marketplace, I'm not really sure how you make money. EBay's classified ads unit, but that's not here, nor there, I guess.
Another Former eBay Worker Is Accused of Cyberstalking
"Former employees of eBay has been charged in the cyber stalking campaign that targeted a Massachusetts couple who published a newsletter company executives deemed critical of eBay. ABC is Aaron Carter Ski has more. Philip Cook of San Jose's. A former police captain and Eve, a security supervisor and federal prosecutors in Boston, said he was part of a campaign of terror against the Massachusetts couple that published an online newsletter about e commerce that was occasionally critical of eBay. The way cook was charged indicates he intends to plead guilty. He and six others allegedly ordered what prosecutors called anonymous and disturbing deliveries to the couple's home, including a preserve fetal pig. The alleged harassment also included threatening Twitter messages and surveillance of the couple in their home and community. Aaron Carter Ski ABC News, New York
"ebay" Discussed on WSJ Tech News Briefing
"Journal. Subscribe wherever you get your podcasts. Minnesota scene for you a funeral wreath mask of a bloody pig head and live cockroaches. Those might sound like props from a horror movie or your next Halloween Costume. Party but. All of this stuff and more showed up on the doorstep of a pair of bloggers bloggers who had been critical of Ebay online. And they were part of a cyber harassment campaign allegedly waged by employees of Ebay. A reporter cursing grind went behind the scenes to uncover exactly what led to this bizarre turn of events, and she joins us now cursing thanks so much for being here. Thanks for having me all right first of all this. All sounds very weird. Tell us about these bloggers who? who were they? And what kind of things did they post to land them in ebays crosshairs like this. Sure so it's just a crazy story this. This was a pair of bloggers. We've called them. They're also just basically online newsletter writers. It's an older couple David. Steiner and they live in natick. Massachusetts and for years. They've kind of just chronicle everything that's going. Going on, Ebay are collectors. They started the online site because they understood that sellers on Ebay were having issues and really nothing they wrote. was that crazy? They just kind of had this very loyal following because they paid close attention to Ebay in the e commerce business, and were they writing things that were particularly detrimental to Ebay, or how did it end up? Up that, they became such targets. You know it was one because of their following Of course they would write critical stories right I mean they? They wrote stories about say when the CEO got a raise, or when something some issue was happening with cellars, having problems on the site or for example, Ebay sued Amazon sellers. They wrote about bats, so they were. Were chronicling kind of the ups and downs, one thing that kind of stood out for ebay executives was dot. The commenters on a lot of these posts would get very personal and targeted sometimes of threatening executives, and even even threatening them in a way that they felt was maybe dangererous. Okay, so.
India blocks TikTok and 58 other Chinese apps citing national security concerns
"India is banning dozens of Chinese APPS, including Tiktok some say it's retaliation. The move comes after twenty. Indian soldiers died in a clash with Chinese soldiers at a contentious border in the Himalayan mountains, but a senior Indian official told The Wall Street Journal that the APPS may have been used to harm the country's Defence Sector Wall Street Journal reporter Sean Lee has more. It's a huge deal. Because India is a very large market for tech companies in general and also specifically for Chinese tech companies for many of them, for example by Dan's, which is the owner of the very popular short video APP. Talk India is the biggest market for talk after. A lot of Chinese. Tech companies have found a lot of success in India. A lot of them invest in Indian startups, and they've accelerated that in the last few years, speaking of national security concerns and China the National Security Council and a number of other us. Agencies are lobbying European allies to oppose new tech, a Chinese company that makes security screening equipment a reporter Cato. KIEF has more the first. First concern is on national security grounds, because obviously this type of equipment can have access to a lot of both personal and business data, and so the US is concerned that with Chinese state-backed entity potentially having access to all that data that they could feed that back to the Chinese government, and that could create a national security concern, and the second issue is more on a commercial basis new tech. Tech has been winning tons of contracts because their prices are super low. The US says that's because they're heavy subsidies from the Chinese government, and along the way there, then driving a bunch of US competitors to the brink, because they're unable to to compete on price, you know it's a commercial concern that really you know new tackle be the only company left providing this equipment
Australia cyber attacks: PM Morrison warns of 'sophisticated' state hack
"Joining me today is Alessio Pessolano professor at King's College London an expert on Asian. Defense welcome back Alexia good to have you on the program. Let's begin with the story that we've had in the news headlines Today. This continued state based cyber attack on Australia. Good morning and not yes, quite, so what is remarkable is that. The Prime Minister himself and held a press conference in which he wanted to alert. Is the broader public in Australia. The general trends in terms of cyber attacks against the country's. Government and business institutions warm anti. We're becoming a much more sort of like Numa feature live and and these. Situations new normal was not necessarily just a matter of hackers trying to make a prank, but actually these were very sophisticated advance. state-sponsored. Cyber based. Activities, so this is quite a strong statement, and in a way it's sort of lifts a bail from something that that it was well known it was certainly understood to be the case I think the key point that he was trying to dress was to emphasize the fact that the normal Australia seems to be they are receiving. End were very sophisticated cyber offensive and end your opinion of the security services technical branches wars. This is unlikely to change in the foreseeable future, giving his launching these attacks. Yes, that was the other thing I was waiting for you question actually and to give a little bit of suspense and the the. He didn't mention it directly. But, sources familiar with Kay's from within the government confirmed to Australian media that. It was China that it was referring to and certainly walls. Notable attacks are Chinese. Certainly the point that was made if you want to between the informal chatting after the press conference ended in the press conference, Inter clearly portrays pick shot, and in which district in government is Beijing. There is very worried that China's attacks are increasingly number, sophistication and Daddy. This is unlikely to go away in something that Australians need to use nets ends. Let's move onto to another story, which is unlikely to go away anytime soon. Which is the origins of the COVID nineteen outbreak? We had claims that The original outbreak came from a wet mock in Wuhan. Now we have the latest outbreak in Beijing and fingers are being pointed once again at wet markets. Absolutely so, what is interesting about it? Is that the second time, but because it's opening in Beijing and it's the capital in Jinping and the the the sort of like the. The public information machinery in in China had been very keen to identify as it had been indeed the case for most of the cases over the last couple of months that these were imported cases, and if you remember the beginning of the outbreak in Beijing, things were pointed to woods this sound. The dead seemingly had been imported. From Europe. So was not just sort of individuals coming from your rooms, believe in food, come from Europe was responsible whole for otherwise would have been an impeccable solution found the problem. Now where we understand now is that and that is probably not necessarily the case there is increasing downs and immunologists in. In in China looking at the case, suggesting vantage original samples of devised the found on this chopping board. In reality where passed on by by individuals and what they couldn't really quite understand is how or the southern you find yourself in the middle of over significant crisis and data the moment. This is really the important piece of news that came out Lusk. Day You sir is that the conditions of the markets particularly the fact that they are kept at low temperature, high conditions of humidity very much impression to have been. Important contributing factors. In the way, in which if you want and this second wave, the one in Beijing spread out there, so the conditions are certainly becoming clear on as to why became a police over second outbreak? If you want him, why connected to wet knock? Less clear is whether the origin actually is. In boarded as he were. This article that you've been focusing on comes from the Straits, times in Singapore. There is at emphasis now that. Not, just what is happening elsewhere, but what lessons can be learned from elsewhere to protect the rest of the world. Absolutely right now Singapore is reopening for business, so and the enduring these easing of the restrictions as restaurants. And shops are all being reopened and as a result. Is. Clear attention in trying to understand what exactly is. That is going on, Ebay
John & Chris' Wild West Robot Ranch
"Good Morning Welcome to marketing over coffee. I'm John Wall Christopher Ben and I. Don't even know where to start. Where do we start? It's just I. had this whole insane story that I just refuse to go into about my old neighbors who were being allegedly? An ebay security team for a year. Just like this insane strikes. I'll just throw to that because. That's totally crazy. Things are crazy. Crazy Times ten. But you know the thing. I will say about this from a marketing perspective. Where was the Social Media Monitoring Team Right? Where was the the Alex? Team where the the folks at Ebay who you should have seen because it was not. Something that was kept coat totally quiet this. There's there's been content about this. What happened in its complete failure in your marketing analytics governance where nobody's watching, the someone should have gone through the mentions of the brand and stuff. That doesn't look. We normally don't send bloody pig masks to people. And that's the thing that amazes me. There is just like this line where your company becomes so big that you have these. Black OPS teams. It's like a security blacks OPS team within your own company. You know because you're so big. So. Yeah, just totally nuts and yeah I'm crazy, but it speaks to the need that you absolutely should have human review, and you should be having somebody in your Pr. Your comms team somebody looking at the social media mentions looking at more than just like the line graph of you know. How many mentions you got that day? Actually sampling the data looking in there because you should be able to see. That article looks like it could be a problem. One of the Challenges Crisis Comms is that like for regular social media monitoring pr you can rely line chart of number of mentions went up because you're looking at data and the aggregate when you're doing crisis communications, you have to be looking at every single article because you don't know when the next spark is going to become the next bonfire, so somebody's gotta be reviewing stuff that the software would say hey, this for flagging this even just for questionable with what to do with it, and clearly that was not happening. Yeah, yeah, and so probably best practice would be. You got to get all hands. Anybody that can generate content and understands the company is going to have to transition to watching the feeds during that crisis positions that make sense exactly, and and you need a specialist software for that. Because a lot of social media monitoring tools just kind of like big batch stuff. There's no anomaly tracking in real time in most software packages. So it's important that if a crisis is going to be a problem for your brand, or you see it being a problem, you need to have that real time feed. It should look kind of like you know. The Matrix low at all the walls, going by and things, but without it you will get burned. Yeah, there's just so much that you have to dig into like you said. You have no idea what's coming next and when it will flare up. You had Boston dynamics to selling their robot for seventy five grand. You can go ahead and buy yourself one of these things I don't know. What do you think is? Has the time come for robots I mean there's they actually show in one of the marketing bids it doing patient screening, it can do temperature scan hit people's foreheads, and you don't have staff moving through the office, so it seems like a great application but I don't know what's your overall? Take on the robot revolution. It's an incredible piece of machinery now in the terms of service. If you read it on, the ordering page does say you may not. Use Robots to intimidate or harm people or other animals, and your warranty will be void, and we will revoke permission to use the robot. If you do these things so they they do have the remote kill switch if you start doing stuff that. Should be doing with it that said I want to figure out how much it actually can carry. Because that's totally the kind of thing that you would put a saddle ought and just ride around. Well. This is another thing I've said this before on. The show is that I think they consciously went with creating dog size robot. Because there's no reason they couldn't do one. That's five times the size, except for the fact that would scare the daylights out of everybody on Earth to see this larger than a cow thing barreling down at them. As a side Gig you have a horseriding farm. Wouldn't the ROBOT BE? Great is like the trainer to learn how to ride horse because you know it. You're no danger of getting bucked off because the robot literally will not do that. That is a heck of a question. We could just make a horse suit for one of those, and yes, it would totally behavior. We wouldn't. Even you know. The ring could be fixed. The thing would stay within a foot in every direction wouldn't go to the other big win. I was saying that for here's throwing. Hey, this is the time of year where they're getting six or seven hay wagons a month that need to be the he needs to be loaded and thrown up into the upper barnes and yeah, having a robot do that with just make all that go away instantly. Nobody likes to do that work. At the AG. It's not like we have a line of employees wanting to do it either it's it's quite a struggle,
6 eBay Employees Terrorized Massachusetts Couple
"The business of staying in business can get pretty nasty but that a high ranking officials several of them actually at a fortune five hundred company really terrorize a middle aged Massachusetts couple sending them threatening packages that included live spiders and cockroaches funding allegations against six now former eBay employees including five executives charged with aggressively cyber stalking a couple just outside Boston federal prosecutors say the group including the company's director of safety and security targeted the couple who published a newsletter sometimes critical of eBay allegedly mailing them disturbing items like bloody Peyton ask federal investigators say the defendants then lied to police about their involvement and pretended to all for the company's assistance with the harassment investigation at Stephanie rom most of A. B.
Ex-eBay employees charged with mailing spiders, cockroaches and pig mask to critics
"In Boston several eBay employees have been charged with going after a couple that publishes a newsletter here's Christine Hager of WBZ TV a mask of a bloody paying face a book on how to grieve the loss of a spouse the US attorney says the former eBay employees wanted revenge for negative articles the couple published on their blog about E.
6 eBay Executives And Employees Charged With Sending Threats, Bloody Pig Mask To Boston Couple
"Six ebay executives and. Employees with sending threats. Bloody pig mass. Boston couple. Six former execs employees are facing federal charges after led a cyber stalking campaign against a NEDIC couple. That aid was critical company in an online ecommerce newsletter. US Attorney. Andrew Lowe, said the ebay employees. Harassment included sending the couple. Disturbing deliveries included eight bloody pig mask. A box of live cockroaches NFL funeral employees also allegedly sent anonymous threatening messages and traveled to massive conduct avert surveillance of the victims. Wow. It was determined. A systematic effort of senior employees of major company destroyed the lives of the couple. Because they published content company executive didn't like. James Ball Forty Five San Jose California ebays former director, safety and security and former Ebay director of global resiliency David Harvey'll forty eight of New York. City were among the six charge Monday. Also charged for Stephanie Hop thirty two of San. Jose Stephanie Stock, twenty-six Redwood. California and Veronica, Zeke Twenty six. San Jose, and Brian Gilbert fifty-one Santana. Each is charged with conspiracy Cyrus, talking and conspiracy to tamper with witnesses.
Ex-eBay employees harassed couple who criticized company, prosecutors say
"Half a dozen former eBay employees have been charged with cyberstalking correspondent Aaron Katersky says the suspects targeted a couple who had been critical of the company after a Massachusetts couple published critiques of eBay in an online newsletter about E. commerce federal prosecutors in Boston said an unnamed eBay executive said in a text message we are going to crush this lady directive to do something about this goes pretty high up change within from their US attorney Andrew Lelling said now former eBay employees terrorize the middle aged couples sending packages containing live spiders and cockroaches posting threatening Twitter messages ordering **** in the couple's name shipped to their neighbors one of the suspects as a former police
EPA Orders Amazon And EBay To Stop Selling Bogus Coronavirus-Fighting Products
"Our midst the EPA is cracking down on bogus coronavirus products being sold online like retailers like Amazon and eBay the agency has banned dozens of products the promise corona virus protection or complete sterilization many contain pesticides or other toxic chemicals like chlorine dioxide methylene chloride which can cause health issues or even death both retailers say they've pulled the sketchy products from their sites Amazon says it's taking action against the bad actors who
Facebook Helps Entrepreneurs Move Their Shops Online -- for Free
"From wondering. I'm David Brown. And this is business wars daily on this Monday. May Twenty Fifth Happy Memorial Day last week. Facebook made a big announcement for small business. Owners entrepreneurs will soon be able to create virtual storefronts on facebook and instagram using a new feature called facebook shops. The idea facebook. Ceo Sheryl Sandberg says is to help all small businesses but especially the struggling ones according to a recent survey conducted by facebook and the Small Business Roundtable one third of all small businesses in the US have already closed their doors. Another eleven percent say they will fail. Should the economy remain mostly closed for much longer giving continuing social distancing and stay at home orders? Transitioning to online sales may be the only path forward for most smaller companies in its livestream announcement facebook. Ceo Mark Zuckerberg said. We're seeing a lot of small businesses get online for the first time but moving online and especially to mobile friendly. Commerce isn't always easy. The process can be expensive and complicated but facebook. Says it wants to help entrepreneurs solve those problems therefore setting up a new storefront on shops will be free and Sandberg claims. It's easy to. She says it'll only take minutes. The new storefronts are intended to allow merchants. Not just to show their wares but to conduct transactions as well a business owner who is linked. Her existing website to facebook shop will be able to take payment on her website. Alternatively she'll be able to check out customers right on facebook or instagram for a small fee to help users. Simplify what can be complicated back in mechanics. Facebook is partnering with Shop Afyon and other ECOMMERCE engines shop which is based in Canada as well known as the merchant platform for millions of small online businesses behind the scenes. The story that facebook is telling that it's here to help is not surprisingly more nuanced. The new shops feature represents facebook wholehearted foray into commerce with brick and mortar stores restaurants closed online sales of sword and facebook. Once in Zuckerberg told the Financial Times at facebook shops had already been under development. The company sped up its launch to take advantage of the spike in online shopping observers. Say The new feature pits facebook against Amazon and ebay based books partnership with shop of. I should help as we reported right here just a couple of months ago shop. If is aggressively competing with Amazon last year at began investing five billion dollars. Over five years to build a nationwide fulfillment network VAT network is intended to help. American merchants offered two day shipping all over the country. You know just like Amazon and that could be an answer to one problem savvy. Merchants will ask about selling directly from facebook and INSTAGRAM. Who'LL SHIT MY products? Facebook won't but shop if I and other logistics partners will Voila problem solved but let's not forget another albeit smaller. Ecommerce rival Oetzi. The company has made it easy for Solo artists and small companies to build online stores from their bedrooms and Kitchens Oetzi. Share price is up ninety percent this year. According to The Wall Street Journal and REVENUES IN THE FIRST QUARTER. Were double what they were three years ago. The paper reported at sees Growth Spike. Especially during the lockdowns has made one thing extremely clear. Just how many millions of soloists are interested in and capable of starting successful businesses online even if facebook is late to this war for online customers. The company has one significant weapon that Amazon Ebay. Oetzi don't have two point six billion monthly users. It's intuitive to see how shops owners will be able to leverage their facebook and instagram followers to boost sales on shops. According to the verge shops will be found on facebook pages or instagram profiles. Dunkelberg says merchants will also be able to let customers. Virtually try on products like sunglasses and makeup by using reality tools. According to the Wall Street Journal so facebook is giving shops away for free. How will it make money while the answer is simple? Advertising Sheryl Sandberg Toll Madman Jim Cramer that one hundred sixty million small business owners already used facebook's free business tools eight million of them already purchased. Facebook ADS Zuckerberg assumes that if facebook shops owners find the storefronts valuable. They'll want to bid more to buy facebook ads according to NPR. That's where the quote real money will come from. According to the Motley fool too many facebook shops is
Ewing says his gold medals, NCAA ring stolen
"In sports former New York Nick Patrick Ewing says his two Olympic gold medals were stolen Ewing said robbers broke into his house and stole his nineteen eighty four gold medal his nineteen ninety two metal as member of the Dream Team and his nineteen eighty four NC double a title ring from Georgetown Ewing said somebody tried to sell the stolen goods on eBay and he was able to get them back
"Hi gameshow close to Webconference Today Goule Yourself. Ebay should keep an eye on what's going on with reputation when it comes to your comic or for that matter any work you're working on this means occasionally you need to go through and actually see what's going on. Obviously if you've got certain social media can track that way but some years a little bit more effective but more interesting and definitely a lot. More revealing is favorite search engine and just type in whatever your comic is in see. What's going on nothing else? You'RE GONNA find out human reviewed or somebody's saying something really cool about you and you can actually figure out who. This person is responding kind or she has. Somebody's critiquing you and you don't like to review well first off listening to review. Sometimes you're gonNA see the people when they're reviewing you actually have something to say and making some actually legitimate point. Yeah Your Egos can disagree with them but you professionalism should if you taking extra steps to trademark and copyright your work this is definitely something you should doing every so often. Just make sure you protect your stuff. Issue STRAIGHT UP. You don't Wanna be your stuff. An pardoning a trademark is that you have to challenge people that are basically messing around stuff. So yeah checking out. What's going on not an incredibly bad idea on top of that if you have some really cool our work and you're trying to figure out what's going on with it again searching you will be your best friend in this trust me. You WanNa know what your file names are and go by your file any. It sounds a little silly but sometimes a lot of people will not be. She quickly changing filed in whatever it is working with and track down so when it comes down to run for your reputation protecting your workshop protective and you can see what's going on with your reputation general every so often just google yourself. If this helps. Please check me out of web comic communities for more stuff available in progress Julia near you. Thank you have a great day?
"ebay" Discussed on 1075 KZL
"Dark faces Rolex don't you know it's like yeah if you like what would you want and I said No Way she was not yet should I go to see a picture and I was like yes I would love to hear it is well yes that's the one she gave me some money she did get a shipping now but she said that a fifty five hundred plus hold anything other but if you feel like a prostitute the thought ran through my head she's going to jail for the seven times that you hooked up it's like here's a Rolex Rolex I'm eighty one is everything he ordered it before I even got there so let's see Monday's yes but evidently she knows our suppliers so that was just a picture of what you can order it from those eBay screenshot okay so that's it from eBay but she got like a couple hundred brought to me by the manufacturer he knows cell plier she's she buying you a role yes yes it is you can even beforehand did you go and I know I know yeah and I have one year old watches the lost my it is a site or any flowers or anything that I buy her flowers I bought the lines for the corona.
"ebay" Discussed on TechStuff
"According to its official company time line in two thousand fourteen ebay announced that it would spin off pay pal into a separate company now this was something that donohoe had initially resisted as did the board of directors but intense pressures in the market pretty much forced ebays hand so what was going on well i there was a guy named carl icon call icon is a billionaire businessman and an investor who has a large stake in lots of different companies including ebay he had more than forty six million shares in ebay icon pointed out that paypal was the fastest growing division in all of the company of ebay and he said it would be growing even faster if it weren't under the umbrella of another company it deserves to be on its own in the market where it could really grow the board of directors of ebay initially rejected this proposal in january two thousand fourteen which kind of motivate icon to start gathering support among shareholders to demand the action to create what is called a proxy battle and that could have really set up an internal showdown in the company it was getting pretty ugly will september two thousand fourteen is when ebay changed its tune and said that the two companies would in fact partways by mid twenty fifteen now why did they company change his mind will one was that wanted to avoid this proxy battle that was coming up on a big annual meeting where such a such a battle could have been launched but also the landscape had changed rapidly throughout the year with different competing services that were all about payment processing supported by companies like apple and alibaba were popping up and cutting into pay pal space it'll be a lot easier for pay pal to flourish if it could be its own company and compete directly against these services and ebay could benefit from using multiple services not just pay pal and so the company's kind of hugged it out and they went their separate ways icon by the way what with pay pal he swapped out his shares of ebay for an equal number of shares and pay pal so that's kind of what.
"ebay" Discussed on TechStuff
"Or a company that files or by patents with no intent to produce anything from them the rather use them to threaten litigation against others in order to win court cases or more likely get a settlement out of court you could also licensed patents to companies and in fact there are a lot of companies that do licensed patents out to other people or other organizations but there's a disturbing trend among certain groups to kind of horde these patents and just wait for someone to do something that appears to violate them or to infringe upon them and then they threaten legal action and some companies rather than going through the process of having to defend themselves in court which is incredibly expensive and time consuming we'll just end up coming to an agreement for an out of court settlement and that's how these companies make their money they don't make it by producing something or building anything or licensing in for you know ideas out to other people or rather patents patents aren't really for ideas it's it's the implementation of an idea instead they wait for someone to do something that looks like it's an infringement and then they go after them and with the hope of an out of court settlement or maybe a court award if the whole case goes to decision the most recent information i could find about this involved ebay arguing that the patents in question contain unpatentable materials such as abstract ideas you cannot patent an abstract idea that information all came to light back in the spring of twenty eighteen at least that was where the documents i found were that's when they were filed was in two thousand eighteen so this is still unfolding as i record this and i have to admit i haven't read all the legal proceedings it would take me days to go through it all or even the full two hundred page complaint because that was it was enormous it could well be that xp rt has valid argument here so i don't wanna give you guys the feeling that the whole thing is without merit that might not be the case there may be a real legit case behind ex prt's allegations i am amazed that this battle is stretched into twenty eighteen though because typically you would see either a settlement in this case you would argue that.
"ebay" Discussed on TechStuff
"Credit check is favorable you are credited the money for the purchase and then you pay back the service with interest of course how it makes money however ebay also at this time laid off about ten percent of its workforce which equal around one thousand six hundred employees the company focused most of the layoffs on the marketplace division as that was the department that had slowed in growth the most to to single digit rates still growing but very slow pace ebay would hold another big round of layoffs in two thousand fifteen firing about two thousand four hundred employees ease on that go round which represented about seven percent of its workforce at the time so you see how big the company grew in the meantime if ten percent is sixteen hundred did back at this point and then in two thousand fifteen two thousand four hundred is only seven percent i mean that's that's that shows you the company did grow even after this this round of layoffs regarding the two thousand eight layoffs donohoe said it was necessary to quote improve our operations and strengthen our ability to continue investing in growth into quote so in other words he wanted to make sure that the company was focusing on the areas that were developing the fastest and to stop pouring resources into areas that had really plateaued the one last thing about two thousand eight in november of twenty two thousand eight a seller named jack shang became the first seller on ebay to get a feedback score of one million you remember that peer amid er had created this feedback ability where you could give someone a positive or negative one nv back so jack shing had received at least one million plus one votes maybe more than that because of some people had given negative feedback than that would have taken away from the total so once he hit one million ebay honored him by naming a conference room after him over at ebay headquarters now i've got a lot more to say about ebay but before i get into it let's take a quick break.
"ebay" Discussed on TechStuff
"To fixing its infrastructure and improving reliability and lost the chance to get its foothold in japan at that time the the company had established japanese site but without proper support the outlet didn't do very well and ultimately whitman chose to to close up shop in japan it wouldn't be until two thousand nine when ebay would create some partnerships with local companies in japan then managed to get back into that market and it wasn't until february twenty eighteen before ebay announced it would acquire a company called joseph's g i s i s that conducted commerce in japan that would really get to try again with japan identified as the third fastest growing ecommerce region in the world it marked a pretty late start for ebay to get into that region women had a bit of a mixed reputation among ebay users the actual buyers and sellers on the site for one thing there was no denying the company had grown significantly under her leadership but she also had made choices that at times upset the community for example at one point she gave disney its own auctions page which many saw as preferential treatment that put normal sellers at a disadvantage they didn't get the platform that disney had and of course disney's a multibillion dollar corporations so it felt like they were being shoved aside and plus whitman had actually worked for disney in the past before she came to ebay so there was that element as well however whitman actually paid attention to reactions and she backed off of her decision she reversed it so it's not like she was saying it's my way or the highway she actually did listen to the community and she paid attention after her departure meg whitman ran for governor of california in the twenty ten gubernatorial race she ran as a republican and largely funded her own campaign out of her own money ultimately she would lose to jerry brown the democrat candidate for governor and whitman would go on to support mitt romney during his bids for presidency in the two thousand sixteen election however she famous supported hillary clinton rather than the republican candidate donald trump starting in september twenty eleven whitman served as the.
"ebay" Discussed on TechStuff
"To do this sort of thing stub hub in the new england patriots got into legal battles over the rights to resell tickets issues with voided tickets claims of unfair trade practices and more and ultimately the courts decided against stub hub that wouldn't happen until two thousand nine though so that would be after ebay had already purchased them ebay bought stubhub for three hundred ten million dollars a princely sum in two thousand eight we'd get another new president for pay pal with scott thomsen jeff jordan had been president from two thousand four to two thousand six and rajiv doda from two thousand six to two thousand eight now remember pay pal was now part of ebay jordan had gone onto lead open table and did a would move into an executive vice president position with the parent company of ebay thompson would serve as president of paypal until two thousand twelve when he would leave to become the ceo of a different company one that has struggled famously over the last few years yahu in march two thousand eight meg whitman stepped down as president and ceo of ebay and john donahoe observed that role and when whitman joined ebay it was a company of about thirty employees by the time she left ebay had grown into a global corporation with more than fifteen thousand employees valued at forty billion dollars the company's growth had slowed quite a bit but to be fair it had such an explosive growth period when it was expanding into new markets it would have been unrealistic to expect that pace to continue at that particular rate wittman had led ebay into many new business ventures and she had opened operations throughout the world one of her regrets however was her failure to establish ebay as an effective presence in japan early on according to whitman her opportunity to get into japan coincided with the sites blackout crashes in nineteen ninety nine that i talked about in an earlier episode the company had to switch focus.
"ebay" Discussed on TechStuff
"Advocacy group which is definitely serving ebays interests but at the same time it also helps those who have built viable small businesses using ebay as their storefront to protect themselves so i could be all cynical about this and say well here's a big corporation multibillion dollar corporation and it's leveraging average people to advocate on its behalf and that's the cynical way to look at it and in fact ebay does benefit from this i mean they're looking out for themselves however the nature of ebays business means that if ebay were to go away a lot of those average people would find themselves back at square one their way of making a living would go away so i don't really get as cynical about this i mean everyone has a stake in it so i think it's actually a pretty responsible move on ebays part in october two thousand five ebay under the leadership of meg whitman made another big move this one raised criticism at the time and perhaps in hindsight you could call it a foolish move to make although it wasn't nearly the kerfuffle that some have made it out to be then move was to acquire the communications company skype skype was founded back in two thousand three as a telecommunications software product that focused on voice and video calls you know you can case you've never used it the deal with ebay ultimately meant skype was acquired for about three point one billion dollars two point five billion of that was in upfront cash and stock and the rest was in a future transactions but ultimately it ended up being about three point one billion purchase price now whitman had hoped that skype would create a new way for ebay users to communicate with one another that it could be built directly into ebays interface and rather than emailing back and forth about items that are up for auction or for sale users would be.
"ebay" Discussed on TechStuff
"Auction off specific things in your inventory that could become your fulltime business and you could use ebays tools to market to reach out to potential customers all this sort of stuff so there's a big benefit to the small business owner but intern ebay benefits because of course it takes a small portion of all the sales and of course there's also some other listing fees that happen these days if you're listening a lot of different items i'll talk more about that in the next ebay episode so classes at ebay university are actually held throughout the world it's not a specific location that you have to go to and they're led by members of the ebay community who have a lot of experience in this also in two thousand ebay acquired another business called half dot com half dot com allowed people to sell certain things and limited categories like textbooks video games movies and music and you had to do it at a set price so it's not an auction is a fixed price approach but you get to choose what the price is as the seller as a store with a bunch of independent vendors you can think of it that way so let's say that you wanted to sell a specific textbook you could actually go onto half dot com and search to find out if anyone else was selling that same sort of textbook and what price they had set it at what the average price was this would help you determine what price to set your textbook maybe you go a little under because you really want to get rid of this thing maybe go a little over thinking of intially someone's gonna pay for it half dot com took a commission for any sale and sellers were responsible for shipping the actual items within three business days of a sale going through and oddly enough even though ebay would acquire pay pal in two thousand two ebay would not incorporate pay pal into half dot com until twenty thirteen so i was kind of weird that they delayed so long to put pay pal functionality in half dot com ebay stated it would operate half dot com as a separate entity maintaining its business model which was pretty much true until twenty seven.
"ebay" Discussed on TechStuff
"For users to interact with each other and with the site to have some sort of dynamic user generated content be part of your experience and that that would demonstrate more value and people would be more likely to support your company and so ebay fell into that category as did companies like amazon whereas other companies that did not have this feature found it more difficult to survive now it's too simple to say the just because the community ebay was able to weather the storms of dot com they also were flush with cash they had had a very successful ipo they were they had a successful way of generating revenue so they were actually making money because people are still using ebay to sell things so they had a working revenue model that was a large advantage over a lot of the startup companies that bloomed in the dot com days before are they wilted away because they no longer could demonstrate value they couldn't make money they had these great ideas and they had a lot of investors but they didn't have a business plan and ultimately that ended up failing or they tried to expand so quickly that eventually they realized they were reaching too far and they overbalanced themselves ebay did not do either of those things even though it did make this enormous acquisition in pay pal our next new episode will actually be a celebration of tech stuffs tenth anniversary yep we're turning ten years old so we're gonna put the story of ebay on hold until after our ten year celebration episode but we will pick back up again once we finish partying you know and the streamers have come down and i've taken the lamp shade off my head and will be picking back up in about two thousand and two with ebay and i'll see you then party people for.
"ebay" Discussed on TechStuff
"Pal have complementary missions we both empower people to buy and sell online together we can improve the user experience and make online trading more compelling we can also capture greater value from the ecommerce opportunities occurring both on and off our site payback had been founded by peter the'll and max lead who had worked together on a business called con finnity in nineteen ninety nine confident he launched pay pal to fill in a gap the two perceived an online payment processing hey bell just held its own ipo back in february two thousand two before the acquisition and it would remain part of ebay for more than a decade it would eventually spin off in two thousand fourteen as its own company after leadership face some tough demands from important investors more on that in an upcoming episode and i'll also cover an even larger acquisition in that future episode one that raised eyebrows and silicon valley and created a buzz that perhaps with adleman was making some foolhardy moves is another big name in tech that would eventually find a new home at microsoft and of course i'll talk more about whitman's legacy at ebay before she stepped down as ceo as well as what the company has been up to more recently one thing i do want to cover since we're talking about the dot com boom and bust is how ebay was able to weather that storm in large part it was because ebay fell into a category that we largely associate with the concept of web two point oh and i've talked about this before about how web two point zero is kind of a weird phrase it sounds like it was the next version of the web that you i had one point oh and then you had web two point oh it's not quite that simple web two point oh was really more about a group of best practices that if you followed you were more likely to survive than if you did not follow those and that included having ways.
"ebay" Discussed on TechStuff
"They can't make their living he said this realization motivated ebay to step up and work on creating a reliable service that was more robust and resistant to outages in july nineteen ninety nine nine even a year after the ipo ebay expanded internationally launching sites in germany the uk and australia women demanded that each country has its own tailored version of ebay that would appeal to the people of those countries and in january two thousand ebay would purchase several buildings in the business park it occupied this is when they created ebay park and as i said earlier buildings took on the names of the various categories ebay offered and in april two thousand ebay introduced a new company called ebay motors at the time it was a pretty wild idea to purchase a new or used car from an online storefront but it worked and it worked so well that others began to follow suit and suddenly ebay motors had some pretty stiff competition like the normal auction site ebay motors would only charge users if a transaction completed across the site and that point ebay would charge the seller a listing v which was capped at a maximum of one hundred twenty five dollars since the acquisition of up for sale back in nineteen ninety eight ebay had purchased several other companies and most of them were either auction services or payment systems in two thousand one ebay bought a french company called ibis czar which gave ebay another foothold in europe it was another similar service that was going on in france and all this lead up to the largest acquisition the company would make in those early years which was pay pal that acquisition happened in two thousand and two and it was valued at one point five billion dollars making it by far the largest acquisition ebay had pursued up to that point according to a press release meg whitman said quote ebay and pay.
"ebay" Discussed on TechStuff
"Two foster networks of support for entrepreneurs and small businesses are programs focus on vulnerable populations and underserved communities we also empower ebay employees to make a greater impact and communities around the globe by matching their donations and making cash donations when they volunteer in quote now let's skip ahead a little bit we're going to skip ahead to the summer of nineteen ninety nine there's a lot of things that were happening at this company but we're already getting pretty bugged down in minute show so i wanna hit some of the big big stories of ebay the company was growing rapidly we're still in the dot com bubble phase new employees were brought on revenues were up the stock price had continued to climb hitting more than one hundred fifty dollars per share at this point the dot com bubble was getting pretty darn big and there were only a few signs the dark times were ahead for the industry as a whole but ebay suffered an early setback that got a lot of attention the site started having some serious connection issues that stability of the site was in question in june nineteen ninety nine the site went down for twenty two hours this was huge news at the time buyers and sellers were angry and distraught imagine that you're sitting there ready to snipe an auction for a signed copy of weirdo yankovitch first album and then the site crashes and it doesn't come back for nearly a full day so what was going on according to ebay the software powering the site was at fault and that software came from to outside vendors sun microsystems and oracle ni covered oracle in some recent episodes you can go back and listen to those and learn all about that company it's also a fascinating story but other people were suggesting that perhaps the site had stability issues due to scaling up to a larger platform the issue being that more and more people were using ebay and the.
"ebay" Discussed on TechStuff
"Ended the site create a walled off age restricted offshoot for sales of items that were not appropriate for families things like pornography or firearms now eventually ebay would form policies that would ban such stuff from their sites they you can't sell firearms at auction on ebay you also can't sell things like drugs or alcohol oh body parts yikes in may the site launched a new feature called my ebay which allowed users to customize their ebay experience making it easier for them to find things they were most interested in and to keep up to speed with auctions and in june nineteen ninety eight ebay acquired another company called jump inc jump inc developed a trading service supported by ads and that service was called up for sale the four being the number four it would be the first of several acquisitions led by meg whitman not all of them would turn out to necessarily be great moves for ebay spoiler alert i guess but women was working hard to prepare ebay for that initial public offering and when it happened it would turn all those who had a significant share in ebay into billionaires i'll tell you more about that in just a second but first let's take another quick break to thank our sponsor sixteen million new collar jobs will be created by twenty twenty four to help fill them ibm's new education model gives high school students workplace experience and an associate's degree ninety p tech's schools are already preparing graduates for tomorrow's stem careers let's put smart to work find out how at ibm dot com slash p tech.
"ebay" Discussed on TechStuff
"A single time but only through that direct connection so it was not yet an internet shop pierre figured that the internet was really the future he figured this is really where things are going to go and he was a little frustrated with how reluctant his partners were to bring ishak fully online and so he left the company in nineteen ninety four but he still held onto a stake in the company he still had some ownership which ended up being a really good decision for him because in nineteen ninetysix which was a year after ebay would launch i'm just skipping ahead for a second here microsoft would acquire e shop and that acquisition was done in part through stocks meaning microsoft would grant stocks to people who shared ownership in each shop and they would get a certain number of microsoft shares that turn pierre into a millionaire overnight they had the freedom to work on whatever he liked at that point and of course by then ebay was already a thing although it wasn't called that yet anyway the other thing he ended up working on after he left e shop was a company called general magic that was founded by bill atkinson andy hertzfeld and marc porat now herzfeld and atkinson were two of the members of the original macintosh team they actually designed the original macintosh and pierre was going to get to go work for the men who designed the computer he had grown to love so much in the one that he had cut his teeth on when he was really getting serious about programming so he was pretty excited about it general magic was developing small hand held computing devices that were sort of a predecessor to personal digital assistants or pda's if you remember those and pda's intern were sort of the predecessors for smartphones peers job was to kind of act as a liaison between general magic and third party programmers so he was kind of helping third party programmers who wanted to build software for.
"ebay" Discussed on The Skeptics' Guide to the Universe
"The thing that they were doing that was unethical though i might my best analysis was really this is just a case of their left hand didn't know what the right hand was doing and somebody internally had some problem that we don't know what it was and they said well hey rather than saying our guys were doing something wrong let's just say we were being cheated her fooled or so excuse me or something by by the affiliates hey i get i get that but when i still don't know maybe there's damancher this attends a huge donor heavy into this but what is the offence that is being alleged that they were trying to coverup her blame on somebody else who are so here you years in my view of reading of this soviets again i never really understood what happened but one thing that some people seem to get the impression happened is that you're taking credit for referrals to ebay that you were really responsible for in other words that pixel that was on their website on the widget would would capture affiliate credit even if they went to ebay by themselves at that had nothing to do with the add that you had placed there is that accurate or is that a misunderstanding of what we're how this worked okay so we have to introduce a new level of complexity to address the song i know which of the guy you're you're correct so there is a man company which was called commission junction which ebay employed as the middleman contractor that actually ran this program and did everything now they had their own contract that said we couldn't put eubased pixel actually in the ad that they would aafli hacked the users would actually have to actually click the ad and go to the website and that's when the direct connection would be established between the user's computer and ebay allowing ebay to write cookies on their computer now very very early in our involvement with ebay when everyone is trying to figure out g how can we make this better how can we get more traffic how can we generate more clicks ebay made it known to me and kind of a.
"ebay" Discussed on The B2B Revenue Leadership Show
"And then that's when we came in and we help them do several picks um so ultimate results result for us while for them was to get you be successful on this initiative get more and more hall of plied sellers uh toward their sales people to talk to and get more and more of those people on that are not sending on ebay getting getting them on ebay an ecommerce in a big big were tickled for us so we were ready already qualified for a campaign like this so the first thing we did we try to understand kind of what their major initiatives are i like what is it that what other goals on what kind of customers they're trying to go after um be talked the leadership tucked the sales apps um and try to understand you don't hit is a customer profile died uh that uh that that that is off with as a profile of a customer that's brady well suited two for ebay silva to uh to to reach out um where uh you know his a profile where the way high chance that if we if uh someone from ebay for good salesperson from ebay is able to get in touch with them on bail would be um you know happy to be to be sold to and happy to get on board it on that lack on so we started with that was you did was trying to understand night you know.