Tag: EBay

Major Social Media Platforms Named as Top Offenders Facilitating Sexual Exploitation

The National Center on Sexual Exploitation (NCOSE) has released its “Dirty Dozen” list for 2023, calling attention to groups facilitating sexual exploitation. The center’s annual list, released on May 2, has identified social media platforms Instagram, Twitter, Snapchat, Roblox, and Reddit as among the top offenders for contributing to exploitation. Additionally, the group asserts that Spotify,…


eBay Forecasts Upbeat Revenue as Sneakers, Refurbished Items Drive Growth

EBay Inc. on Wednesday forecast current-quarter revenue above Wall Street projections after beating March-quarter earnings estimates, as it benefits from its strategy of focusing on product categories including sneakers and watches. A selective push from the ecommerce firm also on items like collectibles and refurbished products is helping it drive sales at a time when…


eBay Slams ‘Alarming’ Meta Subpoena in FTC Monopoly Case

E-commerce platform eBay Inc. on Monday asked a U.S. judge to block a bid by Meta Platforms Inc. for testimony from an eBay corporate official as the social media giant seeks rivals’ information to counter a Federal Trade Commission (FTC) antitrust lawsuit. EBay’s lawyers from Quinn Emanuel Urquhart & Sullivan said in a filing in…


eBay to Lay Off 500 Employees

E-commerce firm eBay Inc. said on Tuesday it will lay off 500 employees globally, representing 4 percent of its total workforce. Shares of the San Jose, California-based company rose about 1 percent in aftermarket trade. “This shift gives us additional space to invest and create new roles in high-potential areas—new technologies, customer innovations, and key…


Ex-Ebay Employee Gets 1 Year in Prison for Harassment Scheme

BOSTON—A former eBay Inc. employee was sentenced Tuesday to one year behind bars for her role in a harassment scheme targeting creators of an online newsletter that included the delivery of live spiders, a bloody pig mask, and other disturbing items to their home. Stephanie Popp, 34, of Louisville, Kentucky, who was eBay’s senior manager…


Former eBay Executives Jailed for Harassment in Cyberstalking Scheme

Two former eBay Inc. executives were jailed on Thursday for their role in a cyberstalking campaign that targeted a Massachusetts couple whose online newsletter was perceived as critical of the e-commerce company and viewed as a threat to its business. James Baugh, 47, of San Jose, California—who served as eBay’s former senior director of safety…


Here’s Why Argus Remained Bullish on eBay

Argus analyst Joseph Bonner lowered the price target on eBay Inc. to $69 from $88 but kept a Buy. The price target implies an upside of 23.8 percent. eBay will need to show that it can successfully carve out product niches among sellers in the face of severe competition from Amazon.com Inc., Walmart Inc., and start-up category retailers like Etsy Inc.. However,…


Former eBay Employee Gets 18 Months in Prison for ‘Abominable’ Cyberstalking Campaign

BOSTON—A former supervisor for security operations at eBay Inc was sentenced on Tuesday to 18 months in prison for his role in a cyberstalking campaign that targeted a Massachusetts couple whose online newsletter was viewed as critical of the e-commerce company. Federal prosecutors in Boston said Philip Cooke, a retired police captain in Santa Clara,…


eBay Pulling 6 Cancelled Dr. Seuss Books From Listings, Company Says

The online marketplace eBay has decided to pull six books authored by Dr. Seuss from its platform. An eBay spokesperson told the Washington Examiner on Thursday that they are reviewing all their listings to remove the books. “At eBay, we have a strict policy against hate and discrimination to ensure our platform remains a safe, trusted…