Valleywag

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Pierre Omidyar

eBay

eBay demolishes "level playing field" for Buy.com

On eBay, some merchants are now more equal than others. eBay signed up Buy.com to sell on the site with a special deal: no listing fees, a perk which has allowed Buy.com to litter the site with junk listings like a single AA battery — an offering that makes no economic sense under the rules that apply to other eBay sellers. That goes against the site's core principle of a "level playing field," reiterated here by founder Pierre Omidyar, in an interview with current CEO John Donahoe, just two months ago. More »

once you're lucky, twice you're good

P is for Parker, the Valley's bad boy

Sean Parker has had a hand in some of the Valley's biggest successes. His first company, Napster, took the world by storm, but didn't make Parker rich. His second, Plaxo, just sold to Comcast. And his third, Facebook — well, say no more. Except for the bit about him getting kicked out, according to Mark Zuckerberg's legal testimony, for a cocaine arrest. (Parker characterized the incident as "a misunderstanding.") That and more is covered in the 21 pages Sarah Lacy devotes to Parker in Once You're Lucky, Twice You're Good, new book about Web 2.0. The index page where Parker is listed: More »

nerdfight

Craigslist whines like a toddler in countersuit against eBay

Craigslist has filed suit against eBay in San Francisco County Superior Court, alleging trademark infringement, breach of fiduciary duty, anti-competitve trade practices and deceptive advertising. Why California? Because the state has some of the strictest antitrust and competition trade laws in the country. Craigslist is asking the court to award damages and force eBay to divest from the online classifieds site. Also alleged? That eBay was a big meanie. The best parts: More »

lawsuits

eBay sues Craig Newmark as Craigslist tries to squeeze it out

Expect a rash of headlines accusing auction giant eBay of bullying saintly Craig Newmark. eBay has sued Newmark, his business partner Jim Buckmaster, and Craigslist. The charge? Craigslist has allegedly diluted eBay's 28.4 percent stake in the company, which the auction giant acquired from a former Craigslist employee. The part of the story Newmark and Buckmaster don't want anyone to hear: The pair made about $16 million in the process of letting eBay buy the stake in their company. The deal included a shareholder-rights agreement which ought to prevent Craigslist from diluting eBay's stake in the company, people familiar with the deal have told Valleywag. By squeezing out eBay, Newmark and Buckmaster appear to be having their cake and eating it too. Relations between the companies had already deteriorated: eBay had a seat on the Craigslist board, at one point occupied by founder Pierre Omidyar, until last year. More »

twitter

Imitation is the sincerest form of flattery

Look familiar? Frazr, a new German blogging service, is a complete rip-off of Twitter, right down to the design and pitch, as Venture Beat notes. "What are you doing?" Frazr asks. I've heard that question before. Foreign clones of US internet concepts are nothing new, but their nimbleness is. More »

Richard Branson moves in on Google girl A disturbing moment from the TED conference captured by eBayer Pierre Omidyar's Flickr stream. Sergey Brin's fiancée Anne Wojcicki canoodling with the rebel billionaire himself, Sir Richard Branson. Such unseemly public head-rubbing.

ebay

Ebay doesn't want your virtual goods

NICK DOUGLAS — The only auction site that matters is now delisting all auctions for virtual goods from the site, according to Slashdot. An eBay spokesperson says anyone who repeatedly tries to sell virtual goods will be punished. So much for eBay founder-chairman Pierre Omidyar, who also invested in Linden Lab, makers of the virtual world Second Life. "This generation that grew up on video games is blurring the lines between games and real life," he told BusinessWeek in May. Guess blurring doesn't count when eBay's money is on the line.

bill gates

Gates' retirement was a message to eBay

The Microsoft-eBay merger rumors are true. EBay has the power here, or at least Microsoft thinks so. They spun Bill Gates' (pictured, duh) retirement as his chance to fully run his charity, the Bill & Melinda Gates Foundation. The president of a major web company tells the Wag: More »

slate

Slate 60: Valleywag edition

Slate published its 2005 Slate 60, the leaderboard for "competitive philanthropy." As always, the list of the top charitable donations and pledges includes a good showing from the tech industry. More »