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EBay founder rejects Icahn’s call for PayPal spinoff

Friday, February 28, 2014 | More »

EBay Inc founder and Chairman Pierre Omidyar rejected investor Carl Icahn’s call to separate the company’s fast-growing PayPal payments unit, saying the businesses were better off together. Omidyar, who is the largest shareholder in eBay with a stake of 8.37 percent, said separating PayP...


eBay’s Omidyar and his “Next Adventure in Journalism”

eBay Inc founder Pierre Omidyar has become the latest self-made tech baron to plunge into the struggling news industry – hot on the heels of Amazon.com Inc founder Jeff Bezos, who just paid $250 million for the Washington Post. But unlike Bezos, the French-born Iranian American says he aims to...

18 October, 2013 | More »


eBay founder to launch independent mass-market news venture

eBay Inc founder Pierre Omidyar on Wednesday said he is building an independent media organization covering news from sports to politics for mainstream readers, spearheaded by big names including ex-Guardian correspondent Glenn Greenwald. Omidyar, the 46-year-old French-born Iranian-American who rem...

17 October, 2013 | More »