Feeds

Feds probe eBay over Craigslist plunder allegations

Tit-for-tat tat spat goes criminal

  • alert
  • submit to reddit

High performance access to file storage

US prosecutors have launched a criminal investigation into allegations eBay employees stole confidential information from Craigslist, according to a grand jury subpoena.

The two internet companies have been slugging it out in the civil courts for years, with Craigslist insisting eBay used its stake in the classified ad website to figure out how to launch its own rival service in the US, which it did in 2007.

The subpoena, issued in California, is looking for a load of information and documents, including some regarding eBay founder and chairman Pierre Omidyar, according to Reuters after it obtained a copy of the writ - which was issued on behalf of the US Justice Department.

An eBay UK spokesperson told The Reg today that the company will cooperate in "any inquiry related to disputes between eBay and Craigslist. eBay believes that Craigslist’s allegations against eBay are without merit".

eBay launched its own classified ad site Kijiji.com, later renamed eBayClassifieds.com, in 2007. Craigslist immediately moved to have eBay's representative taken off its board and dilute the online auction house's 28.4 per cent stake in the firm to 24.9 per cent. A lawsuit brought by eBay in Delaware in response came down to a one-all draw, with Craigslist losing the dilution of the stake but winning on sending the board representative packing.

eBay wanted that to be the end of it, but Craigslist has its own suit in a Californian court alleging breach of contract and breach of fiduciary duty, among other issues - all hanging on the allegations that eBay misappropriated confidential information from Craigslist to use in launching its own classifieds site. That case is still open.

At the time of publication, Craigslist had not responded to a request for comment. ®

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.