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EBay’s next CEO inherits a confounding puzzle

EBay Inc. has been a resilient internet pioneer and also a confounding one. Now a new leader will have to solve the riddle. The company announced that Devin Wenig, the chief executive officer since 2015, had stepped down. The company’s chief financial officer, a longtime EBay employee, was named interim CEO while the company hunts for a permanent successor. Ebay ...

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Zuckerberg struggles to keep Libra alive

Mark Zuckerberg’scryptocurrency project, Libra, has become the regulatory equivalent of a pinata: Everyone is lining up to hit it with a stick. France’s finance minister Bruno Le Maire calls it an assault on sovereignty and a risk to financial stability, an attack backed up by his German counterpart Olaf Scholz who dubbed it a “parallel currency.” You can see their ...

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Modi-Trump event risks US divide on India policy

Nobody could expect sophistication from an event titled “Howdy, Modi!” And the Indian prime minister’s rally in Houston — attended by 50,000 or so screaming Indian Americans, two dozen US congressmen and senators, and President Donald Trump — was every bit as cheesy as its title. In his five-plus years in power, Modi has made a habit of addressing stadiums ...

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