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 (Dave Lee/Financial Times)

Kim Bhasin / Bloomberg:
Nike is launching .Swoosh, an online store and trading platform for the brand’s virtual sneakers, with the first collection to debut in January 2023  —  Nike Inc. is opening an online store and trading platform for virtual sneakers as management pumps investment into the metaverse.

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 …

Yaling Jiang / South China Morning Post:
Tiffany, Pomellato, and other luxury brands are creating and marketing NFTs to reach young potential consumers in China, despite the country banning NFT trading  —  As in the rest of the world, the metaverse is generating marketing buzz in China.  Unlike the rest of the world …

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.

Cameron Thompson / CoinDesk:
Luxury auction house Christie’s launches Christie’s 3.0, an Ethereum-based platform for NFT art in partnership with Chainalysis, Manifold, and Spatial  —  Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFT artwork on Ethereum.  —  Luxury auction house Christie’s …