Global News | Breaking, Latest News and Video for Canada [Unofficial]Twice as many Gen Z Canadians plan to save tax refund this year: survey
https://fed.brid.gy/r/https://globalnews.ca/news/11829518/gen-z-save-tax-refund/
gtbarryGameStop Offers to Buy eBay for $56 Billion
GameStop Chief Executive made an unsolicited offer to buy eBay for about $56 billion and said he saw a path to make the e-commerce company a much bigger competitor to Amazon.
GameStop has a commitment letter from TD Bank to provide up to $20 billion in debt financing to help make a deal possible.
#GameStop #ebay #TDBank #business #ecommerce #Amazon #technology #tech
Italian News by RSSAgi: GameStop presenta un'offerta da 56 miliardi di dollari per l'acquisto di eBay
AGI - GameStop tenta la mossa a sorpresa su eBay. Il ceo Ryan Cohen ha presentato un’offerta non sollecitata da circa 56 miliardi di dollari per acquisire il gruppo e-commerce, con l’obiettivo di rafforzarne il posizionamento competitivo nei confronti di Amazon.
Secondo quanto riferito al Wall Street Journal, GameStop ha accumulato una partecipazione di circa il 5% in eBay e propone 125 dollari per azione tra contanti e titoli. Cohen ha dichiarato di intravedere un potenziale significativo di crescita per eBay, fino a una valutazione nell’ordine delle centinaia di miliardi di dollari.
L'operazione di GameStop
Per sostenere l’operazione, scrive ancora il Wsj, GameStop ha ottenuto una lettera di impegno da TD Bank per finanziamenti fino a 20 miliardi di dollari. L’offerta, composta per metà da contanti e per metà da azioni GameStop, è stata formalizzata in una lettera indirizzata al presidente di eBay Paul Pressler. In caso di mancata apertura del board, Cohen si è detto pronto a rivolgersi direttamente agli azionisti.
Lo scetticismo degli analisti
L’operazione, sottolinea il quotidiano, presenta tuttavia criticità rilevanti: eBay vale circa 46 miliardi di dollari, mentre GameStop ha una capitalizzazione intorno ai 12 miliardi e circa 9 miliardi di liquidità. Non è ancora chiaro come verrebbe finanziata l’intera acquisizione, anche se non si esclude il coinvolgimento di investitori esterni, inclusi fondi sovrani. Alcuni analisti esprimono scetticismo sulla fattibilità dell'operazione, sottolineando come il percorso di rilancio di eBay, focalizzato su collezionismo e nicchie di mercato, stia già producendo risultati positivi.
Sinergie e leve di sviluppo
Cohen punta sulle sinergie tra le due società, in particolare sull’integrazione tra la rete fisica di negozi GameStop e la piattaforma online di eBay, ad esempio per autenticazione e ritiro dei prodotti. Tra le leve di sviluppo indicate anche il live commerce e un maggiore utilizzo dell’intelligenza artificiale.
I risultati trimestrali di eBay
Se l’operazione andasse in porto, Cohen ha indicato che assumerebbe il ruolo di ceo della società combinata, con una remunerazione legata esclusivamente alle performance. eBay ha recentemente riportato risultati trimestrali solidi, con un aumento del valore lordo delle transazioni del 18% su base annua, e ha avviato un piano di riduzione dei costi che include il taglio di circa il 6,5% della forza lavoro globale.
GameStop presents a $56 billion offer to acquire eBay.
GameStop Attempts Surprise Move on eBay. CEO Ryan Cohen has presented a non-solicited offer of around $56 billion to acquire the e-commerce group, with the aim of strengthening its competitive positioning against Amazon.
According to information provided to the Wall Street Journal, GameStop has accumulated a stake of approximately 5% in eBay and is offering $125 per share in cash and stock. Cohen stated he sees significant growth potential for eBay, up to a valuation in the hundreds of billions of dollars.
The GameStop Operation
To support the operation, the WSJ writes, GameStop has obtained a commitment letter from TD Bank for financing up to $20 billion. The offer, composed of half cash and half GameStop stock, was formalized in a letter addressed to eBay President Paul Pressler. In the event of the board not opening, Cohen said he would be prepared to address shareholders directly.
Analyst Skepticism
The newspaper notes that the operation presents significant challenges: eBay is worth approximately $46 billion, while GameStop has a capitalization of around $12 billion and approximately $9 billion in liquidity. It is not yet clear how the entire acquisition would be financed, although the involvement of external investors, including sovereign funds, is not ruled out. Some analysts express skepticism about the feasibility of the operation, highlighting that eBay’s turnaround strategy, focused on collectibles and niche markets, is already producing positive results.
Synergies and Growth Drivers
Cohen is betting on synergies between the two companies, in particular on the integration between GameStop’s physical store network and eBay’s online platform, for example for authentication and product pickup. Among the growth drivers indicated are live commerce and increased use of artificial intelligence.
eBay’s Quarterly Results
If the operation were to go through, Cohen indicated that he would take on the role of CEO of the combined company, with compensation linked exclusively to performance. eBay recently reported solid quarterly results, with a 18% year-on-year increase in gross transaction value, and has launched a cost reduction plan that includes a reduction of approximately 6.5% in global workforce.
#GameStop #RyanCohen #Amazon #approximately5% #Cohen #TDBank #PaulPressler #QuarterlyResults #approximately65%
https://www.agi.it/economia/news/2026-05-04/gamestop-offerta-acquisto-ebay-36875674/
The Bad PlaceUS Top News and Analysis | A 31-year-old used a HELOC to compete with all-cash offers on a house. 3 lenders to do the same
AI generated summary, Read the full article for complete information.
A 31‑year‑old couple in Lancaster, Pennsylvania finally bought their first home by using a family‑member’s home‑equity line of credit (HELOC) to make an all‑cash offer that beat cash‑only competitors. After five unsuccessful bids, they secured a $200,000 HELOC from a relative, added their $45,000 down‑payment savings, and offered cash for a house, closing the deal in about four to five months. They later refinanced with a $250,000 fixed‑rate home‑equity loan to repay the relative’s HELOC. The story highlights how millennials and Gen Z buyers increasingly rely on family assistance—27 % of millennials and 38 % of Gen Z reported parental co‑ownership, co‑buying, or co‑signing—while the average age of first‑time buyers has risen to 40. It also outlines the pros (stronger offers, larger down payments) and cons (personal liability, potential family strain) of using a family‑member’s HELOC, and reviews several lenders’ HELOC options, such as TD Bank, Bank of America, and CMG Financial, noting key features like maximum loan amounts, interest rates, fees, and closing speed.
Read more: https://www.cnbc.com/select/heloc-helped-millennial-compete-with-all-cash-offers/
US Top News and Analysis | Sharing your credit score with AI? What you need to know to stay protected
AI generated summary, Read the full article for complete information.
The article explains that, as AI tools become increasingly popular for managing personal finances—55 % of consumers now use them for tasks like fraud detection, spending tracking and credit‑score calculations—people should be cautious about what financial data they share with AI chatbots. Experian’s senior director Rod Griffin advises that while disclosing a credit‑score number may be safe, users should never reveal detailed credit‑report information or account numbers, and should always review an AI service’s terms and privacy policy because such platforms can be vulnerable to data breaches. To mitigate risk, the piece recommends adding layers of protection through identity‑theft and credit‑monitoring services, highlighting options such as PrivacyGuard, IdentityForce, Experian IdentityWorks, Identity Guard and LifeLock, each offering features like multi‑bureau credit monitoring, dark‑web scanning, identity‑theft insurance (up to $1 million), and mobile app alerts.
Read more: https://www.cnbc.com/select/ai-help-with-credit-score-how-to-protect-yourself/
#TDBank #RodGriffin #Experian #AI
AI generated summary, Read the full article for complete information.
Edwin G. 
Winnipeg’s Lisa Taron slams TD Bank’s decision not to refund her after 'dumbfounding' scam
https://www.cbc.ca/news/canada/manitoba/winnipeg-scam-td-bank-fraud-appeal-denied-9.7154235
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Lisa Taron de Winnipeg critique la décision de la Banque TD de ne pas la rembourser après une arnaque qui dépasse l’entendement
// Article en anglais //
Winnipeg woman slams bank's decision not to refund her after 'dumbfounding' scam | CBC News
A Winnipeg woman who lost thousands after scammers got into her bank account almost two months ago says she's "absolutely shocked" her bank's fraud department denied her appeals to refund her — disbelief she said comes in part because of how clearly fraudulent some of the transactions the bank allowed were.
Riki WilchinsGod, #TDbank really sucks. Years ago I paid off and closed a loan. Then months later they found a $1 interest fee (not a typo) which went unpaid. Now they are ruining my credit. Unbelievable - and the CFPB is less than useless.
Ms. Que BanhConnections to BC from #EpsteinFiles.
What kind of port access deal did Sultan Bin Sulayem make with #FirstNations Chiefs in #PrinceRupert in 2016?
Epstein had multiple bank accounts with #TDBank & #RBC. One of his organizations, #EnhancedEducation donated to UBC & other educational institutions in Canada. He created scholarships under JEE.
There's a lot more #Canadian links from Epstein Files. Our Canadian media hasn't done any in depth investigative journalism about this. They need to dig deep & report about the Canadian connections.
#CDNpoli #USpol #geopolitics #GlobalCrimeRing #EpsteinFinances #DirtyDeals #EpsteinInCanada #BCpol
Justin DerrickSo, I've received another batch of identity-theft spam, targeting #Canada #Canadian #Canadians with #investment -related #IdentityTheft #scams.
The messages direct the target to update their US IRS W-8BEN forms, which require that you enter a bunch of personal information, and are probably stealing login and password and #2FA codes to get access to investment accounts.
Remind your family and friends, especially the elderly and non-tech-savvy folks to NEVER click links in eMails from banks or investment companies.
The targets this week are #TDBank, #NationalBank, but they have previously attempted to impersonate #Questrade and #RBC and #wealthsimple
James Just JamesFuckery by TD bank.
If they send you paper statements, they refuse to also show you the online copies.
Also things past 18 months (or six months) aren't shown.
The law should be simple: If they have data on you, they should be required to give it to you-- in a machine readable format.
