Tag archive: auction

The contract that established the Apple Computer Company sold at auction at Sotheby’s in New York on Tuesday, fetching way more than expected. It’d been estimated that the company’s founding papers would fetch between $100,000 and $150,000, but thanks to fierce bidding among six interested parties, Lot 241 ended up fetching $1.59 million. The contract included three typed partnership agreements that were signed in April 1976 by Apple’s three… Read More

Dish Network has won a bid to buy bankrupt movie rental business Blockbuster. The satellite company's winning bid for Blockbuster was $320 million, but says it expects to pay close to $228 million cash, after adjustments, once the deal is settled, reports TechCrunch. “With its more than 1,700 store locations, a highly recognizable brand and multiple methods of delivery, Blockbuster will complement our existing video offerings while… Read More

It's a rare occurrence in today's technology world: a computer with a higher resell price than its original retail price. Of course, most computers today can't claim to be hand built by Apple co-founders Steve Jobs and Steve Wozniak. Yesterday, an original Apple-1 computer, which originally retailed for $666.66, was sold for $210,700 to an Italian businessman in a Christie's auction in London. Not a bad return on an… Read More

Groupon, a deals site that offers a daily deals on the local goods, services and cultural events in more than 250 markets around the world has announced a national affiliate incentive agreement with eBay . Visitors to eBay's Groupon page, will find daily updated deals from Groupon featured throughout the site. Members of the eBay Bucks Rewards Program who purchase Groupon deals from the eBay site earn 5% of the purchase price back in eBay… Read More

Billionaire entrepreneur and Microsoft co-founder Paul Allen has applied to bid in the FCC's upcoming 700 MHz spectrum auction, going up against major telecommunications providers as well as Internet giant Google. Allen's application comes via his investment company Vulcan Capital, which has been behind everything from genetics research to the Portland Trailblazers to Seattle's Experience Music Project. Vulcan's… Read More

Seven years ago eBay entered the Japanese market. Two years later it was forced to retreat, tail firmly between its legs, unable to compete in a country where theonline auction market was dominated by Yahoo Japan.   But what a difference time makes. Now the pair of titans have agreed to work together in the onlineauction business in Japan, according to an Associated Press story, in a move that will make it easier for Japanese to buy goods… Read More

In recent months, Internet giant Google has repeatedly indicated its interest in the upcoming FCC auction for spectrum in the 700 MHz range, first saying it would guarantee a minimum bid of $4.6 billion if certain principles of “openness” were imposed on the spectrum, then—when the FCC only made a partial commitment to openness on the “C block” portion of the auction—indicating it might bid on the spectrum… Read More

The Federal Communications Commission (FCC) voted yesterday on rules that will govern the upcoming auction of the 700 Mhz radio spectrum band, and camedown…firmly on the fence.   Under the rules, people would be able to use any mobile phone and software on networks taking up about one-third of the spectrum to be auction. This is apartial victory for Google, which had been lobbying to have the auction winner sell access to its network… Read More

After failing to completely crack the online auction market in China once, eBay is going back for a second attempt.   The auction giant will re-launch there ina few months, using a local partner, TOM Online, and employing new restrictions that it hopes will eliminate the sale of counterfeit goods.   To beknown as TOM eBay, the new venture will have some significant differences from the last attempt. There will be a limit on the amount… Read More

Earlier this week, Yahoo announced it would shut down its Yahoo Photos site in favor of its other photo-sharing property, Flickr; now, Yahoo has announced it will be shutting down its Yahoo Auctions service in the U.S. and Canada as of June 16, 2007. "After careful consideration, we have decided to close down our Yahoo U.S. and Canada Auction sites to better serve our valued customers through other Yahoo! properties," Yahoo said… Read More

The Federal Communications Commission has concluded a spectrum auction originally opened on August 9, 2006 (PDF), and the big winner for the newly-available bandwidth looks to be number four U.S. mobile operator T-Mobile, which won some 120 licenses with bids totallying almost $4.2 billion. The bandwidth offered by the new spectrum licenses in the 1,710 to 1,755 MHz range will enable the company to offer next-generation data services to its… Read More

At its annual users' conference in Las Vegas, eBay CEO Meg Whitman announced that the online auction company signed up its 200 millionth member on Saturday, June 10, making the membership of eBay larger than the populations of all but the four most-crowded nations on earth: China, India, the U.S., and Indonesia. The figure would be slightly higher if it included memberships of other eBay properties like Shopping.com, Rent.com, and… Read More

The number, made famous in the song “Jenny/867-5309″ by one-hit wonder Tommy Tutone, is being auctioned off on eBay in the New York City 212 area code. With the advent of number portability, the winning bidder can port the number to their own service or as the seller states, to an account with Internet telephone company Vonage and use it in any city they want. As of the time of this writing, the auction had… Read More

Tuesday's $35 million award did not involve eBay's primary auction business. But patent law experts said it may force eBay to drop Half.com, a discount e-market, and “Buy it Now,” which offers fixed-price options on eBay's main auction site. About a third of the company's merchandise can be purchased for a fixed price. “If it's upheld that the patents were violated, then the court could… Read More