EBay rejects GameStop’s $55.5 billion takeover bid, calling it “neither credible nor attractive”

EBay on Tuesday said it is rejecting GameStop’s $55.5 billion takeover bid, calling the offer “neither credible nor attractive.” The rejection comes about a week after GameStop made its offer, with CEO Ryan Cohen arguing that the video game retailer’s 1,600 locations would give eBay a “national network” for authentication, intake and fulfillment. In a …

Read more

Protests Erupt in India After Key College Entrance Test Is Cancelled

NEW DELHI, May 12 (Reuters) – ⁠Dozens ⁠of members of ⁠the student wing of India’s opposition ​Congress party protested in New Delhi on Tuesday ‌against the cancellation of ‌a key undergraduate college entrance ⁠test ⁠after authorities discovered its questions had been leaked. Here ​are some details. • About 2.3 million students across India took the …

Read more

Online Seller EBay Rejects GameStop’s $56 Billion Takeover Offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time …

Read more

Authorities in East Libya Say 120 Migrants Recovered From Trafficking Dens

TRIPOLI, May 12 (Reuters) – Authorities in eastern Libya say ⁠they ⁠have found and deported ⁠120 migrants who were being held captive by people traffickers south ​of Benghazi, and have recovered the bodies of three other migrants from the Mediterranean shore. A ‌statement by the security directorate ‌in the city of Ajdabiya said an Egyptian …

Read more

Watch Live: Hegseth, Caine face congressional committees amid $1.5 trillion Pentagon budget request

Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing Tuesday before the House and Senate subcommittees that oversee Pentagon budget requests as the Trump administration is seeking $1.5 trillion amid the Iran was. Hegseth and Caine will appear in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense …

Read more

Iran threatens to “teach a lesson” if U.S. attacks, Trump says ceasefire is “on life support”

9m ago Hezbollah chief says group’s weapons not on table in Lebanon-Israel negotiations Hezbollah chief Naim Qassem said Tuesday that his Iran-backed group’s weapons stockpiles were not part of upcoming negotiations between Lebanon and Israel, and he vowed that Hezbollah fighters would turn the battlefield into “hell” for Israeli forces. “Nobody outside Lebanon has anything …

Read more

Emperor penguins in focus as Antarctica talks start in Japan

Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica opening in Japan on Tuesday. Officials from the nearly 60 countries that are signatories to the Antarctic Treaty are meeting in Hiroshima for annual discussions on protecting and managing the fragile region. The continent and …

Read more