Devin Wenig

EBay Inc (NASDAQ: EBAY) shares are trading lower after the company said its CEO and President Devin Wenig will step down. The company has named CFO Scott Schenkel as interim CEO. "During his 12 years at eBay, Scott has demonstrated that he is a strong and dynamic leader who knows our...

eBay Inc (NASDAQ: EBAY) shares are up after reporting a second-quarter earnings beat. Adjusted earnings came in at 68 cents per share, beating estimates by 6 cents.& Sales came in at $2.69 billion, beating estimates by $10 million. The company issued weak second-quarter sales guidance, but...

Under pressure from activist investors Elliott Management and Starboard Value, eBay Inc (NASDAQ: EBAY) announced Friday it would pursue strategic initiatives. The initiatives will include a strategic review of assets, an operating review, and the addition of two new independent board members. What...

A senior staffer at Oracle Corporation (NYSE: ORCL) resigned Tuesday and began a campaign against the corporation's leadership after CEO Safra Catz joined the transition team of President-elect Donald Trump. Open Letter To Catz "As a member of the Oracle Corporation community, I invite all members...

Warren Buffett, along with a small group of billionaires, fund managers, CEOs and other business leaders recently gathered to discuss the state of corporate affairs. As part of the meeting, the group came up with several principles that business may opt to follow to improve corporate governance...

With its payment arm Paypal Holdings Inc (NASDAQ: PYPL) debuting as a separate entity on the stock markets Monday, eBay Inc (NASDAQ: EBAY) is now free to focus on its core business. Devin Wenig, eBay CEO, was on CNBC to discuss where he sees opportunities for the company from here and the...

eBay Inc (NASDAQ: EBAY) came out with better-than-expected results recently, and its payment unit, PayPal, launched a new instant checkout service Tuesday. Now that the separation of PayPal from eBay is soon to be a reality, EBay CEO John Donahoe was on CNBC discussing the spin-off. Two Great...