(Reuters) – U.S. prosecutors have launched a criminal probe into whether eBay Inc employees misappropriated confidential information from classified ad service Craigslist, according to a copy of a grand jury subpoena obtained by Reuters. The two companies have been feuding for years in civil court over allegations that online giant eBay used its Craigslist board [...]

Bartek Ringwelski didn’t set out to be an entrepreneur. After graduating from Columbia University in 2005, he went to work at the investment bank UBS in San Francisco. He “hated it.” Two years later, he was working for the venture capital firm Canaan Partners as an analyst, focusing on Internet investments in New York. This, Ringwelski hated [...]

On Wednesday, Craigslist confirmed in hearings with Congress that it’s not planning to reopen its “adult services” section, which it abruptly shut down and replaced with a bar reading “Censored” on Sept. 3. Plenty has been written in the wake of those hearings. Wired argued in a piece that Craiglist “took one for the open [...]

Craigslist has flummoxed the newspaper industry by taking away millions of dollars in ad revenue. Yet it was trotted out this week on the cover of Wired as “a tragedy” and “a mess” — “firmly stuck in 1999.”

Craigslist grows in spite of itself, the story said, noting its humble origins in 1995 as a mailing list for founder Craig Newmark, Newmark’s disdain for wealth, the site’s resistance to technical improvements — which Wired couldn’t help suggesting — and its loyal, if sometimes unhappy, users.

Jim Buckmaster, CEO of the popular online classifieds service Craigslist, has published a smart, scathing rebuke to South Carolina Attorney General Henry McMaster, whose office says it is moving forward with a criminal investigation and a potential prosecution of the company over its “erotic services” policy — despite that that Craigslist agreed to change that [...]