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eBay Cracks Down on Leaked 30th Anniversary Pokemon Cards After TPCI Warning
business12 hours ago

eBay Cracks Down on Leaked 30th Anniversary Pokemon Cards After TPCI Warning

eBay is removing in-hand listings for leaked 30th Anniversary Pokemon Trading Cards under its Stolen Property Policy after a warning from The Pokemon Company International that the items were not distributed through authorized channels; early openings have circulated on social media for weeks, with origins traced to Australia and other regions, and TPCI maintains an internal task force to curb such leaks; while eBay pushes removals, some other platforms continue to host pre-release sales that benefit from unauthorized sources.

via PokeBeach|
#business#ebay#leaks
eBay, ex-execs pay about $56M to settle harassment case brought by critics
business27 days ago

eBay, ex-execs pay about $56M to settle harassment case brought by critics

eBay and several former top executives agreed to pay about $55.7 million to settle a 2021 lawsuit by Massachusetts couple David and Ina Steiner of EcommerceBytes, who were targeted in a cyber-stalking campaign after their coverage of the company. The settlement breaks down as roughly $46.15 million to the Steiners, $6 million for charitable contributions, and additional sums including $2 million personally from former CEO Devin Wenig plus a $1 million charity gift, plus $500,000 from Wendy Jones and $50,000 from Steve Wymer, with settlements also reached with other named employees. The harassment allegedly involved cockroaches, fly larvae, a bloody Halloween pig mask, and surveillance, including GPS tracking. eBay had already paid a $3 million fine in 2024.

via CNN|
#business#devin-wenig#ebay
Ebay and former executives settle with bloggers for $56M over 2019 harassment campaign
business27 days ago

Ebay and former executives settle with bloggers for $56M over 2019 harassment campaign

eBay and seven former executives agreed to a $56 million settlement with bloggers David and Ina Steiner of EcommerceBytes over a 2019 harassment campaign that included threats, a pig-blood mask, and home visits; seven ex-executives pleaded guilty and eBay faced a DOJ charge with a $3 million fine under a deferred prosecution agreement. Most of the settlement goes to the Steiners, with about $6 million earmarked for nonprofits, and former CEO Devin Wenig personally contributing $1 million to a charity; eBay says the conduct was wrong and is taking steps to make things right.

via BBC|
#bloggers#business#doj
eBay settles harassment saga with multi-million-dollar payout
tech27 days ago

eBay settles harassment saga with multi-million-dollar payout

eBay and several ex-executives will pay about $55.7 million to Massachusetts newsletter publishers David and Ina Steiner (EcommerceBytes) for a 2019 harassment/cyberstalking campaign that included sending live insects, a pig mask, and a funeral wreath; DOJ convictions involved seven former employees, with eBay paying a $3 million criminal penalty in 2024. The settlement breaks down to $46.15M from eBay, $2M from ex-CEO Devin Wenig, $500k from Wendy Jones, $50k from Steve Wymer, plus $6M donated to nonprofits; Wenig says he had no knowledge of the harassment.

via The Verge|
#cyberstalking#devin-wenig#ebay
Massachusetts Couple Wins $56M Settlement Over eBay Harassment Campaign Tied to Former Employees
business27 days ago

Massachusetts Couple Wins $56M Settlement Over eBay Harassment Campaign Tied to Former Employees

A Natick, Mass., couple who run EcommerceBytes reached a $56 million settlement with eBay over a coordinated harassment campaign by former employees, including threats and bizarre deliveries like live insects and a bloody pig mask. The couple had sued in 2021 alleging conspiracy to silence them; seven former eBay workers were charged and most pled guilty, and eBay paid a $3 million criminal penalty in 2024 under a deferred prosecution agreement.

via WCVB|
#business#cyberstalking#ebay
Natick couple wins multi-million settlement over eBay harassment saga
technology28 days ago

Natick couple wins multi-million settlement over eBay harassment saga

Natick couple Ina and David Steiner reached a final settlement with eBay, its former CEO Devin Wenig, and two other former leaders for about $56 million (final figure $55.7 million) after years of a harassment campaign by eBay employees that included threats, bizarre deliveries, and stalking. The breakdown: roughly $46.15 million from eBay, $2 million from Wenig, $50,000 from Wymer, $500,000 from Jones, plus $6 million donated to charities and a $1 million donation by Wenig to a First Amendment rights charity. Several implicated employees pleaded guilty, and eBay acknowledged the misconduct in a public statement.

via The Boston Globe|
#david-steiner#ebay#harassment
GameStop CEO Declares Physical Games Irrelevant, Eyes $1 Trillion via eBay Merger
business1 month ago

GameStop CEO Declares Physical Games Irrelevant, Eyes $1 Trillion via eBay Merger

GameStop CEO Ryan Cohen says the end of physical game discs is totally irrelevant to the company’s future, highlighting a pivot toward collectibles like Funko Pops and trading cards where game sales are a minority of revenue. With about 18% of revenue from games and 41% from collectibles, Cohen has pushed for a $55 billion bid to acquire eBay, arguing a GameStop–eBay merger could become a $1 trillion business, even as GTA 6’s digital-only trajectory raises questions about used-game sales.

via Kotaku|
#business#ebay#gamestop
Steam Machine Prices Surge on eBay Despite Valve Safeguards
technology1 month ago

Steam Machine Prices Surge on eBay Despite Valve Safeguards

Even with Valve’s randomized pre-order lottery and account requirements, Steam Machines are already being scalped on eBay: the 512GB version is commonly listed around $1,500 and some listings reach $3,200, while the 2TB unit can fetch $2,500 and up. Shipments have begun, but demand and inflated prices persist as component costs rise and buyers worry about matching the pre-order with a Steam account.

via Kotaku|
#ebay#pre-orders#scalpers
Steam Machine Reservations Rally on eBay as Scalpers Price Up to $2.9K
technology1 month ago

Steam Machine Reservations Rally on eBay as Scalpers Price Up to $2.9K

Scalpers are already listing Steam Machine reservations on eBay for $2,700–$2,899, roughly 2–2.5x Valve's official price, before the June 29, 2026 ship date. The 2 TB versions are being sold around $1,349–$1,400, and some buyers have paid these inflated sums. With limited supply, the resale market is thriving, though building a high-end PC (~$2,000) offers markedly better performance.

via Wccftech|
#ebay#hardware-scalping#preorders
Steam Machine Scalpers Push Listings Above Launch MSRP
technology1 month ago

Steam Machine Scalpers Push Listings Above Launch MSRP

After Valve began reservations for the Steam Machine, scalpers flooded eBay with inflated listings—512 GB units with the Steam Controller priced at about $1,700, with some as high as $3,200—well above Valve's $1,049.99 launch price. The scalping mirrors past hype around the Steam Deck, aided by limited supply and Valve’s lottery-style preorder. The Steam Machine sold out in Japan within 48 hours; Valve has a June 29 shipping estimate for the first batch, with no clear date for subsequent batches.

via TechPowerUp|
#ebay#launch-price#scalping
GameStop CEO Drops $35B Bonus to Chase eBay Bid
industry-news2 months ago

GameStop CEO Drops $35B Bonus to Chase eBay Bid

GameStop CEO Ryan Cohen reportedly forfeits a $35 billion incentive tied to boosting the company's value to focus on pursuing an acquisition of eBay, a plan eBay has said is not credible or attractive. The move comes after Cohen’s leadership shift and while GameStop sees improved quarterly results, it has also shuttered stores and cut jobs, leaving investors wary amid ongoing stock volatility.

via Kotaku|
#acquisition#ebay#gamestop