Tuesday, 5 May 2015
Last updated 16 min ago
Mar 5 2014 | 12:28pm ET
Carl Icahn has been an activist investor for 35 years. And in those years, he said he’s never seen a company as badly run as eBay Inc.
Icahn is pushing the online marketplace to spin-off its PayPal unit and has lambasted two of the company’s directors over alleged conflicts of interest. In spite of that focus and the ensuing war of words with Netscape Communications founder Marc Andreessen, one of the two board members in question, he told CNBC today he “might blame” eBay CEO John Donahoe “more than Andreessen” for eBay’s 2011 sale of Skype to a consortium including Andreessen’s venture-capital firm.
“I’ve never seen worse corporate governance than eBay,” Icahn said.
Better would be Apple Inc.: Icahn told CNBC that he continues to believe CEO Tim Cook is “doing a good job,” even if he thinks the company’s stock is undervalued.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…