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Pierre Omidyar

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CALIFORNIA | LOCAL
September 22, 2010 | By Seema Mehta and Michael Mishak, Los Angeles Times
The EBay founder who hired Meg Whitman as his company's chief operating officer, giving her a platform on which to run for governor, said Tuesday that he would not endorse her because of Whitman's opposition to same-sex marriage and her alliance with former Gov. Pete Wilson. Pierre Omidyar praised Whitman's leadership skills and said she would do a "great job" if elected, but said he would find it "difficult" to vote for her if he still lived in California. "Now I have not endorsed her because we have some differences on some of the political issues," Omidyar, who is now based in Hawaii, told Bloomberg TV in an interview that will air Wednesday on "InBusiness with Margaret Brennan.
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CALIFORNIA | LOCAL
September 22, 2010 | By Seema Mehta and Michael Mishak, Los Angeles Times
The EBay founder who hired Meg Whitman as his company's chief operating officer, giving her a platform on which to run for governor, said Tuesday that he would not endorse her because of Whitman's opposition to same-sex marriage and her alliance with former Gov. Pete Wilson. Pierre Omidyar praised Whitman's leadership skills and said she would do a "great job" if elected, but said he would find it "difficult" to vote for her if he still lived in California. "Now I have not endorsed her because we have some differences on some of the political issues," Omidyar, who is now based in Hawaii, told Bloomberg TV in an interview that will air Wednesday on "InBusiness with Margaret Brennan.
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BUSINESS
September 24, 1998 | From Bloomberg News
EBay Inc., operator of the most active Internet auction site, raised $63 million Wednesday in the first initial public stock offering to hit the market in four weeks. The San Jose-based company sold 3.5 million shares at $18 each, the top of the $16-to-$18 range set by lead underwriter Goldman, Sachs & Co. Goldman raised the expected range by 13% earlier Wednesday, from $14 to $16.
BUSINESS
April 25, 2010 | By Michael Hiltzik, Los Angeles Times
Meg Whitman says she lives by the principle of doing the right thing. It's there in the very first line of her autobiography. "What is the right thing to do here?" she recalls challenging her underlings at EBay, where she was chief executive, after some troubling issue of customer service had arisen. I've been trying to reconcile that principle with her actions in what's become known as her "spinning" scandal. Eight years ago, it came out that Whitman was among an elite group of favored executives who had accepted preferential stock deals from Goldman Sachs while it was seeking business from their companies.
BUSINESS
April 24, 2010 | Michael Hiltzik
Meg Whitman says she lives by the principle of doing the right thing. It's there in the very first line of her autobiography. "What is the right thing to do here?" she recalls challenging her underlings at EBay, where she was chief executive, after some troubling issue of customer service had arisen. I've been trying to reconcile that principle with her actions in what's become known as her "spinning" scandal. Eight years ago, it came out that Whitman was among an elite group of favored executives who had accepted preferential stock deals from Goldman Sachs while it was seeking business from their companies.
BUSINESS
January 30, 2004
* EBay Inc. founder and Chairman Pierre Omidyar reduced his holdings in the world's largest Internet auctioneer by 2.5%, selling 3 million shares to invest in Montage Hotels & Resorts. The hotel company is seeking approvals to build a 222-room hotel in Beverly Hills. * Nissan Motor Co. said worldwide sales in the fourth quarter increased 12% to 719,696 vehicles. Sales in the United States rose 15.3% to 198,946.
BUSINESS
April 29, 2005 | From Bloomberg News, Associated Press
Internet giants Amazon.com Inc. and EBay Inc. announced they were settling unrelated shareholder lawsuits. Amazon agreed to pay $20 million to settle a suit alleging that it misled investors in February 2000 when it sold 690 million euros ($681 million) of debt.
MAGAZINE
July 30, 2006 | David K. Israel
The new season of "Project Runway" is underway, with six of 15 designers from the Golden State. That must make you wonder what became of last year's L.A. contestant, Nick Verreos. Well, he just taught a course at the Learning Annex on how to break into the fashion industry. You may be thinking, "Those that can't . . ." But think again: Donald Trump, Larry King and Sarah Jessica Parker have been Learning Annex instructors, too.
BUSINESS
March 26, 1999 | Bloomberg News
America Online Inc. agreed to feature EBay Inc.'s top-ranked online auction service on its service, which reaches more than 16 million customers, for $75 million over four years. AOL will receive all advertising revenue and may sell advertising on EBay's Web site under the agreement, which expands earlier pacts. San Jose-based EBay's listings, message boards and ratings will be featured on customized Web sites on AOL, CompuServe, Netscape's Netcenter, ICQ and Digital City.
BUSINESS
October 27, 1998 | Bloomberg News
EBay Inc. shares surged 46% on optimism that the online auctioneer's third-quarter earnings report today will beat analysts' estimates. EBay shares, first sold to the public Sept. 24 at $18 each, rose $23.25 to close at $73.38 on Nasdaq. The surge sent EBay's market value rocketing to more than $2.9 billion and made its founder, Pierre Omidyar, a billionaire. The company is expected to earn 3 cents a share for the quarter, the average estimate of five analysts polled by First Call Corp.
BUSINESS
September 24, 1998 | From Bloomberg News
EBay Inc., operator of the most active Internet auction site, raised $63 million Wednesday in the first initial public stock offering to hit the market in four weeks. The San Jose-based company sold 3.5 million shares at $18 each, the top of the $16-to-$18 range set by lead underwriter Goldman, Sachs & Co. Goldman raised the expected range by 13% earlier Wednesday, from $14 to $16.
BUSINESS
October 7, 2002 | From Bloomberg News
Two EBay Inc. shareholders have sued the world's largest Internet auctioneer and its executives, accusing them of improperly benefiting from shares of initial public offerings underwritten by Goldman Sachs Group Inc.
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