Jul 23

Tom Morgan is a videographer who posted an ad on craigslist for his business. As a result of his ad, he got a transaction for a job worth $200 to shoot a video of a bachelorette party. But instead of getting the job, he loss $4000 worth of gears by two armed men.

A woman named Angela called him up and asked him if he could shoot her bachelorette party and Morgan agreed. E went to the apartment she said is the venue but the man who opened the door does not know of any Angela or of a bachelorette party. He tried to call her up but then 2 armed men with face covered pushed him and stuck a gun in his head. They took his bag where his camera and wallet is kept.

He immediately called the police and reported his case. After that, he posted a warning on Craigslist and shared his experience.

Now, he does not have his own camera and other equipment yet and he still can’t afford to buy yet so he’s stuck with renting them. It’s another cut to his profit and an effect of a lack of precaution.

For every transaction, you got to be wise and don’t be too trusting.

Jul 12

Craigslist had filed a countersuit against their competitor, eBay. Craigslist stated that they filed a case for copyright infringement against eBay for using ads on Google for Kijiji, which is a rival site of Craigslist but the ads are appearing on Craigslist and not from Kijiji.

eBay have members on the board of craigslist and these members are said to be pressuring craigslist to be bought by its competitor, eBay. These members are also gathering information for the launch of Kijiji which is a competitor of craigslist.

The reason for their filing of a countersuit was for eBay to return all their shares from craigslist.

eBay had bought 28.4% of shares in craigslist’s stock in 2004 but the founder and CEO of craigslist diluted it to less than 10% which is believed by eBay to be unethical, at least this is what eBay has allegedly said. Craigslist on the other hand denied these accusations and filed a countersuit against eBay for unethical practice.

With all these drama between eBay and Craigslist, it is still left for the judge to affirm which of these 2 cyber giants are telling the truth and which one has an ill motive against the other.