Portrait by Renaissance master expected to soar past $80M

An enigmatic painting from Renaissance master Sandro Botticelli will go on auction next year and art watchers will be seeing if it fetches more than its eye-watering $80 million estimate, despite the pandemic.

The science of seeing art and color

During three trips to London at the turn of the 20th century, Claude Monet painted more than 40 versions of a single scene: the Waterloo Bridge over the Thames River. Monet's main subject was not the bridge itself, however; ...

Famous artworks showed early signs of disease: study

Brushstrokes in paintings could help early diagnosis of neurodegenerative diseases, according to a study published on Thursday of works by famous sufferers such as Salvador Dali and Willem De Kooning.

Monet's striking cliff by the sea beckons 'celestial sleuths'

Famed French Impressionist Claude Monet created a striking scene of the Normandy coast in his 1883 painting, Étretat: Sunset. Now, a team of Texas State University researchers, led by astronomer and physics professor Donald ...

Pandora chief out after latest losses

Pandora Media's top executive announced plans Thursday to step down after the Internet radio giant's earnings report showing greater losses even as it captured more listeners.

Chinese portal Sina says profits tumble

(AP)—Chinese portal Sina Corp.'s quarterly profit tumbled 75 percent on relatively small revenue for its microblog service.

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Monetization

Monetization is the process of converting or establishing something into legal tender. It usually refers to the coining of currency or the printing of banknotes by central banks. Things such as gold, diamonds and emeralds generally do have intrinsic value based on their rarity or quality and thus provide a premium not associated with fiat currency unless that currency is "promissory": That is the currency promises to deliver a given amount of a recognized commodity of a universally (globally) agreed to rarity and value, providing the currency with the foundation of legitimacy or value. Though rarely the case with paper currency, even intrinsically relatively worthless items or commodities can be made into money, so long as they are difficult to make or acquire. Monetization may also refer to exchanging securities for currency, selling a possession, charging for something that used to be free or making money on goods or services that were previously unprofitable.

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