News tagged with auction
Jack Ma: English teacher turned Internet billionaire
After being knocked back by American venture capitalists in 1999, Jack Ma -- a cash-strapped entrepreneur -- convinced friends to give him $60,000 to start Chinese online retailer Alibaba.com.
May 21, 2012 |
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Japan's Softbank ties up with eBay in online billing
Internet auction giant eBay and mobile phone operator Softbank said Wednesday they were teaming up to bring the US firm's PayPal online billing system to Japan for the first time.
May 09, 2012 |
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Reports: Nasdaq 'embarrassed' at Facebook delay
(AP) -- The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
May 21, 2012 |
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Ousted Yahoo! CEO Scott Thompson has cancer: report
Ousted Yahoo! chief executive Scott Thompson told board members before his resignation that he has cancer, the Wall Street Journal reported Monday.
May 14, 2012 |
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Verizon Wireless Plans to Offer 4G Capability Next Year
(PhysOrg.com) -- In today's world, we want our information to travel faster. This is especially true as smart phones take over and we become used to using smaller devices to accomplish more while we are away ...
Sep 03, 2009 |
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Study: The right strategy doesn't guarantee advantage in auctions, real estate or stock market
Who wouldn't pay a penny for a sports car? That's the mentality some popular online auctions take advantage of -- the opportunity to get an expensive item for very little money.
Mar 16, 2012 |
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Economics study homes in on factors influencing value of great art
Arzu Aysin Tekindor has never seen "Antiques Roadshow," the PBS television program that routinely subjects artworks and other collectibles to the burning question: What is it worth?
May 04, 2012 |
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AOL says to sell 800 patents to Microsoft for $1.0 bn
AOL announced plans to sell more than 800 patents to Microsoft in a $1.056 billion deal giving the struggling Internet pioneer a needed cash injection as it seeks to fend off pressure from shareholders.
Apr 09, 2012 |
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eBay has unexpected, chilling effect on looting of antiquities, archaeologist finds
(PhysOrg.com) -- Having worked for 25 years at fragile archaeological sites in Peru, UCLA archaeologist Charles "Chip" Stanish held his breath when the online auction house eBay launched more than a decade ...
Other Sciences / Archaeology & Fossils
May 04, 2009 |
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New online mechanism for electric vehicle charging
Researchers at the University of Southampton have designed a new pricing mechanism that could change the way in which electric vehicles are charged.
Technology / Energy & Green Tech
May 05, 2011 |
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'Data geek' brings algorithms to online charity auctions
Jon Carson, chief executive of charity auction site BiddingForGood, describes himself as a "data geek with a social bent."
Nov 15, 2010 |
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Major step ahead for cryptography
Imagine you could work out the answer to a question, without knowing what the question was. For example, suppose someone thinks of two numbers and then asks another person to work out their sum, without letting ...
Technology / Computer Sciences
May 26, 2010 |
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EBay fined again for selling fake Louis Vuitton goods online
A French court on Friday ordered online auction site eBay to pay 80,000 euros (118,000 dollars) to Louis Vuitton for selling fake luxury perfumes, LVMH said.
Sep 18, 2009 |
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eBay Mind Games
Psychologists have long known that when two people haggle over a price, it pays for the seller to start high.
Medicine & Health / Psychology & Psychiatry
Dec 11, 2009 |
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Judge tosses patent suits against Facebook, Apple, Google
A US judge has tossed out a patent infringement lawsuit filed against Apple, Facebook, Google, Yahoo! and other firms by a company owned by Microsoft co-founder Paul Allen.
Dec 13, 2010 |
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Auction
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price.
For more information about Auction, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
