EBay Inc. Director Marc Andreessen struck back at activist investor Carl Icahn, who has accused the venture capitalist of conflicts of interest for his role in the company’s sale of videoconferencing service Skype.
Activist investor Carl Icahn, who last month proposed that EBay Inc. spin off its PayPal unit and nominated two employees to the board, criticized the online marketplace for “lapses” in corporate governance and asked shareholders to vote in favor of the split.
U.S. stocks rose, briefly sending the Standard & Poor’s 500 Index to a record, after health-care shares jumped on a smaller-than-forecast cut in Medicare rates and EBay Inc. climbed as Carl Icahn urged the spinoff of PayPal.
Venture capital pioneer Tom Perkins is taking heat from the firm he co-founded and Silicon Valley peers alike after comparing today’s treatment of wealthy Americans to the persecution of Jews in Nazi Germany.
Venture capital pioneer Tom Perkins apologized for comparing today’s treatment of wealthy Americans to the persecution of Jews in Nazi Germany, though he said he stood by his message around class warfare.