eBay

EBay founder commits $100 million to combat 'fake news'

His philanthropic investment firm, Omidyar Network, announced Tuesday a $100 million commitment to address some of the causes of what the firm describes as the "global trust deficit."

Recent events like Brexit, the impeachment of Brazil's President Rousseff and the U.S. presidential election have eroded the public's trust in institutions, experts and the media, Omidyar Network said.

US stocks open higher as Citi, others report strong earnings

Citigroup, Intel, Netflix and eBay all rose in early trading Thursday after reporting results that beat analysts' forecasts.

European markets also rose after Greece's parliament approved pension reforms, tax increases and other measures demanded by its creditors.

The Dow Jones industrial average was up 62 points, or 0.3 percent, at 18,107 as of 9:35 a.m. Eastern time.