Robert Cyran, U.S. tech columnist, joined Breakingviews in London in 2003 and moved four years later to New York, where he continues to cover global technology, pharmaceuticals and special situations. Robert began his career at Forbes magazine, where he assisted in the startup of the international version of the magazine. Before working at Breakingviews he worked as a market researcher and reporter covering the pharmaceutical industry. Robert has a Masters degree in economics from Birmingham University and an undergraduate degree from George Washington University. Follow Rob on Twitter @rob_cyran
- Tel: +1 646 223 6083
- E-mail: email@example.com
The $70 bln online auction company has for years resisted setting free its payments business. Apple and Alibaba created more urgency than Carl Icahn and other investors could. EBay squandered a big early advantage, but independence may yet give PayPal a chance to play catch-up.
The retail colossus appointed photo app co-founder Kevin Systrom to its board. He brings fresh eyes to a company lurching into the modern age. Infusing Wal-Mart’s online efforts with tech chic will be tough, though. And Silicon Valley’s governance style isn’t a welcome addition.
Starboard’s Jeff Smith is following where Dan Loeb and Carl Icahn have trod before him. Ideas about buying AOL and spinning off Alibaba and Yahoo Japan tax-free aren’t exactly new. Yahoo’s discount valuation, however, might nevertheless benefit from the attention.
- ValueAct's Valeant return hints at value trap
- Sam Waksal's new biotech tests Wall Street amnesia
- Tax clampdown could deter half-baked pharma M&A
- EMC's departing CEO can close $13 bln value gap
- Magic word greed opens $228 bln Alibaba valuation
- Larry Ellison cedes driver seat with hand on wheel
- Inversion sharks eat each other in feeding frenzy