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eBay reports Q3 revenue down 5% YoY to $2.4B vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+ (Nivedita Balu/Reuters)

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Nivedita Balu / Reuters:
eBay reports Q3 revenue down 5% YoY to $2.4B vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+  —  Ecommerce company eBay Inc (EBAY.O) on Wednesday beat Wall Street targets for third-quarter revenue as consumers snapped …

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Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss (Patrick Clark/Bloomberg)

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SEC filing: Coinbase Chief Product Officer Surojit Chatterjee leaves, as the company plans to restructure its product team into four divisions (The Block)

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Italian court upholds a ban against Cloudflare resolving DNS queries for three torrent sites, after Cloudflare appealed saying it would result in a global ban (Ernesto Van der Sar/TorrentFreak)

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November 9, 2022
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Seattle-based Redfin lays off 862 employees, or ~13% of its workforce, and ends its home-flipping program RedfinNow; its stock is down 96%+ since February 2021 (Nate Bek/GeekWire)

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November 9, 2022
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Google rolls out its Google One VPN to Windows and macOS in 22 countries; the service is available to Premium subscribers with 2TB+ storage (Tom Warren/The Verge)

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November 9, 2022
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After rolling out Twitter’s “Official” label to select high-profile accounts, Elon Musk says he “killed it” in a reply to YouTuber MKBHD (Kyle Wiggers/TechCrunch)

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November 9, 2022
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Sources: the SEC and CFTC are investigating FTX.com over handling customer funds and its relationship with other parts of Sam Bankman-Fried’s empire (Bloomberg)

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November 9, 2022
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SEC filing: Coinbase Chief Product Officer Surojit Chatterjee leaves, as the company plans to restructure its product team into four divisions (The Block)

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