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GameStop shares fall 10% after CEO skirts questions over eBay acquisition details

Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bidSign up for the Breaking News US newsletter emailGameStop’s shares fell more than 10% on Monday as questions emerged about how the company would finance its surprise $55.5bn bid for eBay.In an interview with CNBC, Ryan Cohen, GameStop’s […]

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GameStop makes $55.5bn takeover offer for eBay

Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board.GameStop, which has quietly accumulated

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eBay bans illicit automated shopping amid rapid rise of AI agents

On Tuesday, eBay updated its User Agreement to explicitly ban third-party “buy for me” agents and AI chatbots from interacting with its platform without permission, first spotted by Value Added Resource. On its face, a one-line terms of service update doesn’t seem like major news, but what it implies is more significant: The change reflects

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