Icahn Says PayPal May Be Uncompetitive in 3-4 Years

Feb. 24 (Bloomberg) -- Activist investor Carl Icahn talks about his issues with EBay Inc.'s board of directors and his proposal that would have the company spin off its PayPal unit. Icahn today nominated two employees to the Ebay board, criticized the online marketplace for “lapses” in corporate governance and asked shareholders to vote in favor of the split. In a letter to investors posted online, Icahn singled out two directors, Marc Andreessen and Intuit Inc. co-founder Scott Cook, for competing with EBay. Icahn speaks with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

GE in Talks With Baker Hughes on Partnerships
29:18 - General Electric says it is not discussing the outright purchase of Baker Hughes, but it is in talks about a possible partnership. The comment comes after Baker Hughes shares jumped in extended trading on reports GE was keen to buy the world's third-largest oil services provider. Bloomberg's David Wethe reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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