In this Oct. 17, 2012, file photo, an eBay sign sits in front of the company's headquarters in San Jose, Calif. On Wednesday, Sept. 23, 2020, federal prosecutors said four former eBay Inc. employees had agreed to plead guilty to their roles in a campaign of intimidation that included sending live spiders and cockroaches to the home of a Massachusetts couple who ran an online newsletter highly critical of the auction site. (AP Photo/Marcio Jose Sanchez, File)
Four former eBay Inc. employees have agreed to plead guilty to their roles in a campaign of intimidation that included sending live spiders and cockroaches to the home of a Massachusetts couple who ran an online newsletter critical of the auction site, federal prosecutors said Wednesday.
“Four former employees of #eBay are scheduled to plead guilty on Oct. 8 at 2pm via zoom in federal court in #Boston,” according to a tweet from the official account of the U.S. attorney's office in Massachusetts. “The defendants are charged w/ participating in a cyberstalking campaign that targeted a Massachusetts couple.”
The four expected to plead guilty are Brian Gilbert, 51; Stephanie Popp, 32; Stephanie Stockwell, 26; and Veronica Zea, 26, according to The Boston Globe.
All live in San Jose, California, except for Stockwell, who lives in Redwood City, California.
They are among seven former eBay employees charged in the case, in which the Massachusetts couple had other disturbing items sent to their home, including a funeral wreath and a bloody pig Halloween mask.
They are all charged with conspiracy to commit cyberstalking and conspiracy to tamper with a witness. Their lawyers either declined to comment or didn’t immediately return emails seeking comment Wednesday.
The employees also sent pornographic magazines with the husband’s name on them to their neighbor’s house, planned to break into the couple’s garage to install a GPS device on their car, and posted the couple’s names and address online, advertising things like yard sales and encouraging strangers to knock on the door if the pair wasn’t outside, officials said.
The suspects engaged in a “systematic campaign fueled by the resources of a Fortune 500 company to emotionally and psychologically terrorize this middle-aged couple in Natick,” U.S. Attorney Andrew Lelling said at a news conference when charges were announced in June.
An internal investigation was launched after San Jose, California-based eBay was notified by law enforcement of “suspicious actions by its security personnel,” company officials wrote in a prepared statement. The employees were ultimately fired, the company said.
Popp was a senior manager of global intelligence at eBay; Gilbert was senior manager of special operations for eBay’s Global Security Team; Stockwell was manager of eBay’s Global Intelligence Center, and Zea was an eBay contractor who worked as an intelligence analyst in the Global Intelligence Center. Authorities say they were working at eBay at the time of the alleged harassment.
Court documents say the couple was targeted after their newsletter published an article in August 2019 about a lawsuit filed by eBay accusing Amazon of poaching its sellers.
As Meta and Microsoft ramp up their AR and VR tech futures, analysts have been waiting on word from Apple, but the consumer tech giant is reportedly delaying such an announcement. Doug Astrop, a managing partner at Exponential Investment Partners, joined Cheddar to dive into the rumors about the possibilities of a foray into the metaverse by Tim Cook's megacorp sometime in 2022 or 2023. "We can't really predict with a great deal of certainty how it's going to play out, but I'm confident Apple's going to be a big player and do very well in any scenario that unfolds," said Astrop.
Monster Beverage is charging into the beer and hard seltzer biz with its $330 acquisition of CANarchy Craft Brewery Collective. The energy drink finalized the deal a week after Constellation Brands Inc. made a deal with Coca-Cola to acquire the Fresca brand.
Ford has seen a record 52-week high for its valuation, hitting more than $100 billion for the first time. The rise in its stocks comes amid its push for more electric vehicles, including the highly anticipated F-150 Lightning pickup, coming this spring.
Specializing in AI, robotics, and automation for the global supply chain, Symbotic announced last month it will be tapping the public markets in a SPAC deal with investment giant SoftBank. Symbotic CFO Tom Ernst and Vikas Parekh, a managing partner at SoftBank Investment Advisers spoke with Cheddar about going public and the future of modernizing logistics amid the constrained supply networks. "The supply chain is fundamentally broken," said Ernst. "By employing the best in modern technology for autonomous vehicles and artificial intelligence, we're able to fundamentally rethink the way in which you receive and store and sort goods, making for a dramatically more efficient supply chain."
JP Morgan Chase beat Q4 earnings estimates, largely attributed to credit card borrowers and corporations. Meanwhile, Wells Fargo also reported strong quarterly earnings and saw a 15 percent growth in its shares for the year.
Taiwan Semiconductor Manufacturing Company (TSMC), the largest supplier of semiconductors, doubled its Q4 revenue forecast and announced a $44 billion investment for expanded chip manufacturing in 2022. Caleb Silver, Editor in Chief at Investopedia, joined Cheddar to discuss the future for the global tech giant. "It has the money. It has the equity. It has the dominance over the market, so not a surprise at all, and it's taking charge as we head into this sort of next phase of advanced chipmaking," Silver said.
Grocery stores are restricting hours and services due to omicron-related labor and supply chain issues. This also comes at a time of labor unrest for supermarket giant Kroger as more than 8,000 workers at its King Soopers chain in Colorado have gone on strike.
Michael Hershfield, Founder & CEO of Accrue Savings, joined Wake Up With Cheddar to discuss the company's new round of funding, and its core mission of rewarding consumers for saving rather than taking on more debt with buy now, pay later options.
