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Morgan Stanley upgrades eBay to overweight from underweight and raises target to US$62 from US$35 on view that company's shift toward integrating AI across its platform will enhance gross merchandise volume, adjusted EBIT

Liquid Death's eBay auction for ads on its packaging cases, a Super Bowl-adjacent stunt, concludes with US$500,000 winning bid from crypto company Coinbase; 'we see the Liquid Death tiny billboards as a truly valuable media placement,’ says Coinbase CMO

Canned water brand Liquid Death launches eBay auction involving the paperboard packaging for its cans; brand proposes putting an ad on 500,000 of its packages and getting nearly double the reach of Super Bowl 58 commercials

Ebay lays off 9% of its workforce, affecting 1,000 full-time employees; move will cost company US$90M to US$110M, will be nearly complete by the end of Q2

Ebay to pay US$3M penalty after federal probe unveiled a campaign by several employees to stalk and harass a couple whose online newsletter, EcommerceBytes, was viewed as critical of the company

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