Rebecca Bellan / TechCrunch:
New Zealand-based Partly, which maintains a database used by marketplaces like eBay of 50M+ car parts from 20K+ suppliers and OEMs, raised a $21M Series A — Car parts buyers require specific parts to fit specific vehicles, making for a supply-constrained environment.
Nivedita Balu / Reuters:
eBay reports Q3 revenue down 5% YoY to $2.4B, vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+ — Ecommerce company eBay Inc (EBAY.O) on Wednesday beat Wall Street targets for third-quarter revenue as consumers snapped …
Nate Raymond / Reuters:
Former eBay executives Jim Baugh and David Harville are sentenced to 57 and 24 months in prison for their roles in a 2019 cyberstalking campaign against critics — Two former eBay Inc (EBAY.O) security executives were sentenced to prison on Thursday for carrying out a campaign to harass …
Alexandra Muller / Bloomberg:
A wave of foreign buyers are planning to acquire fast-growing British tech companies, including Micro Focus, Avast, and Darktrace, thanks to a weakened pound — A wave of foreign buyers is coming after British technology companies, threatening to rob the UK market of what little exposure it still has to high-growth assets.
Dave Lee / Financial Times:
An interview with eBay CEO Jamie Iannone on eBay’s strategy to focus on the second-hand luxury market, as its market value has fallen from $53B in 2021 to $21B — “One of a kind!” said Jamie Iannone, the chief executive of eBay, pointing down to the pair of pristine, custom-made Nike sneakers on his feet.
Andrew J. Hawkins / The Verge:
BMW plans to use AWS tools to manage data from its Neue Klasse platform for connected vehicles; the company says it has roughly 20M connected vehicles in use — BMW will be the first automaker to use Amazon Web Services’ cloud software to manage data from its connected vehicles, the companies announced Thursday.
David Streitfeld / New York Times:
An in-depth look at a 2019 cyberstalking campaign by eBay employees against two critics who are now suing the company, its former CEO, and others for harassment — The victims of a bizarre cyberstalking operation are trying to hold the chief executive and the culture of the company responsible.
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