EBay said Monday it had rejected the two executives that activist investor Carl Icahn had nominated for seats on its board of directors as part of his push for the company to spin off its PayPal subsidiary. Icahn today issued his latest open letter to eBay shareholders, in which he once again attempted to make the case that CEO John Donahoe had cost eBay shareholders billions by selling Skype to an investor group instead of its current owner, Microsoft. EBay has said it completed the best deal for Skype at the time.
This article originally appeared on Recode.net.
Will you support Vox’s explanatory journalism?
Most news outlets make their money through advertising or subscriptions. But when it comes to what we’re trying to do at Vox, there are a couple reasons that we can't rely only on ads and subscriptions to keep the lights on.
First, advertising dollars go up and down with the economy. We often only know a few months out what our advertising revenue will be, which makes it hard to plan ahead.
Second, we’re not in the subscriptions business. Vox is here to help everyone understand the complex issues shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. We can’t do that if we have a paywall.
That’s why we also turn to you, our readers, to help us keep Vox free. If you also believe that everyone deserves access to trusted high-quality information, will you make a gift to Vox today?
Yes, I'll give $5/month
Yes, I'll give $5/month
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via