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Meg Whitman and Craig Newmark to Testify in Ebay vs. Craigslist Showdown Suit

4815e9cc-00035-00709-400cb8e1.jpegThere’s a proprietary online commerce aspect to this story; mammoth Ebay suing ubiquitous Craigslist. We look at it and all we see is the California gubernatorial race. Lefty Craig Newmark vs. righty Meg Whitman.

Didn’t Meg Whitman testify for the competency of Sarah Palin on the presidential campaign trail in 2008?

Where’s our popcorn…this should be good.

Smart Money reports:

San Jose, Calif.-based eBay filed a lawsuit alleging that Craigslist founder Craig Newmark and Chief Executive Jim Buckmaster diluted eBay’s stake in online classified group to 24% from 28% through a “self-dealing” and secret scheme to issue more stock. EBay says the dilution caused the company to lose its right to elect a Craigslist board member.

San Francisco-based Craigslist has filed a countersuit alleging that eBay took advantage of its investment to steal confidential information that it used to create a competing classified service called Kijiji.com.

EBay and Craigslist have denied the allegations against them.

Via I Want Media

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.