Carl Icahn , the billionaire activist investor, is upping his stake in another troubled company – revealing on Thursday in a regulatory filing that he holds more than 9m shares in the video game publisher Take-Two .
Wedbush Morgan analysts speculated today that Mr Icahn taking an 11.3 per cent stake in a company he has long held an interest in could be an attempt to force a sale. Mr Icahn “acquired the shares in the belief that the shares were undervalued,” says the filing, and he may “seek to have conversations” with management. Read more



For a company of its size, Ebay has a surprisingly small footprint in the real world. While it enjoys a sprawling campus in Silicon Valley, it doesn’t have brick and mortar stores to staff, or the vast warehouses maintained by rival Amazon.



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