EBay said it cut a deal with activist shareholders that have been pressing for change at the internet auction site, naming two new independent directors to its board. Under the agreement with the shareholders, Elliott Management and Starboard Value, Elliott’s Jesse Cohn and Matt Murphy of Marvell Technology immediately joined the eBay board while the company promised to appoint a third...
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The Briefing Media/Telecom
TikTok’s Ad Business Is Giving Us Déjà Vu
First, some news about us! I am thrilled to share that we’ve hired Karl Wells—who has been running the subscription business at Dow Jones and The Wall Street Journal—as our first chief commercial officer. Joe Pompeo broke the news for Vanity Fair. I’m really proud of how we’ve driven the conversation in tech journalism these past eight and a half years, and I feel really lucky to be...
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