eBay are suing community ad site Craigslist to “safeguard its four year financial investment”. eBay believe that Craigslist’s executives Craig Newmark and Jim Buckmaster have adopted unspecified measures that have disadvantaged eBay and unfairly diluted their “economic interest by more than 10%”. EBay’s general counsel Mike Jacobson has said “since negotiating our investment with Craigslist’s ... Read more
