Chainalysis AI Traces $387M Bitget Hack in Under 10 Minutes 
SoftBank Shares Fall After $10 Billion OpenAI Investment 
Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion 
Robinhood Stock Nears $114 as Jobs Data Boosts Risk Appetite 
Trump Praises Boeing 737 Max After Flydubai Crash Attempt 
California AG Subpoenas OpenAI Over AI Cybersecurity Incidents 
Flydubai Co-Pilot Tried to Crash Israel-Bound Jet, Netanyahu Says 
MSTR Stock Rises 3% as Strategy Challenges MSCI Bitcoin Stance 
XRP Ledger Hits 10 Million AI Payments as Bitcoin Retreats 
Bank of America Sees EUR/USD at 1.15 by Year-End 
Evernorth Set for Nasdaq Debut With 473 Million XRP Treasury 
Italgas to Buy 22.5% Stake in Portugal’s Floene for €120 Million 
Ripple Locks 700 Million XRP Back in Escrow After October Release 
AAVE, PUMP, WLD and SKY Rally as Crypto Market Slips 
Disney Plans TV Restructuring With Hundreds of Layoffs 
Volvo Cars Drops Full-Year Outlook as China, US Sales Weaken 
Add as a preferred source on Google
A filing with the US Securities and Exchange Commission revealed that the billionaire activist investor sold his 46.3 million shares in the e-commerce platform in exchange of snagging the same number of shares in the digital payments platform, Reuters reported. Prior to eBay’s spinoff from PayPal, Icahn’s stake ownership in eBay was at 3.8 percent.
ZDNet said Icahn’s move was no longer surprising, even to the newbie investors, as he has been publicly vocal about his support in spinning off the two businesses. He also published a number of letters calling out eBay’s management for their alleged hampering of the company’s growth for personal gain. Moreover, Icahn has long argued that the spinoff was a good move for the investors to guarantee shareholder value given the wide disparity between the two companies’ earnings and revenue.
Although eBay executives did not like the idea of a spinoff, it became a reality following Apple Pay’s debut in the market early this year, PYMNTS.com wrote.
