| Auction Giant eBay Visits Boomtown
Auction giant eBay is tweaking seller fees to encourage smaller starting bids and discourage sellers from listing huge numbers of similar items. Representatives from eBay have been calling individual sellers, reminding them to abide by fair-use policies. And eBay is taking a more active role in combatting the growing incidence of fraud.
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Speeding ticket sold in online auction
It started as a speeding fine on a lonely road, but by the end Bob Grieve was a Trade Me star, $NZ51 ($A45.60) richer and fielding amorous advances from complete strangers. Grieve, a TV3 news cameraman in Christchurch, was peeved when a slightly heavy foot while driving back from Geraldine resulted in a policeman handing him a $NZ130 ($A116) fine. So he did what anyone does these days - he put the ticket up for sale on online auction site Trade Me. "I thought it would be a bit of fun. I didn't really know how it would go, but I figured quite a few people would notice it," he said. Ten days later, his auction had been viewed nearly 30,000 times, questions were being posted faster than he could answer them, and then his ticket was being sold to an insurance assessor from near Pukekohe who vowed to pay for the privilege of having someone else's speeding fine.
Idol Bids Farewell To Sanjaya
"American Idol" will no longer be graced by the presence of Sanjaya Malakar. The under-talented but unflappable singer who captivated millions of fans was finally voted off the show Wednesday night. When the result was announced, Malakar wiped the tears from his eyes and got a bear hug from LaKisha Jones, the next lowest vote-getter.
"I'm fine," he told host Ryan Seacrest. "It was an amazing experience." "I can promise you: We won't soon forget you," Seacrest replied. Malakar then performed one last song, "Something To Talk About." Putting his own twist on the song, the 17-year-old known for his pretty looks and ever-changing hairstyles ad-libbed: "Let's give them something to talk about ... other than hair." The fact that Sanjaya was voted off last night must have been music to Simon Cowell's ears.
'Wildlife sanctuary' up for auction
A PIECE of countryside described by local residents as a "wildlife sanctuary" has been put up for auction raising fears that it could be bulldozed by developers. The field off Stag Lane, Chorleywood, is being advertised as "land with potential" on the Driver Norris auction site, despite the fact that there is no planning permission for the 1.5-acre Green Belt site. Residents are so concerned by the implications of a sale that they are considering buying the land themselves and returning it to Three Rivers District Council to protect it. But with a minimum asking price of £90,000, it is unlikely they will be able to match competing bids when it goes to auction on Tuesday. Read more about this story in tomorrow's Watford Observer. .
Ocean Tomo Intellectual Property Auction This Week
I just arrived at the Swissotel in Chicago for a two day conference and auction organized by Ocean Tomo. The auction will take place Thursday afternoon and include dozens of patents and trademarks. The most recent auction netted $26M in sales, although only one domain name was sold. The auction typically includes domain names from large companies like IBM. The last auction included Alerts.com, but buyers weren't bidding. Unfortunately, this week's auction did not receive any domain name submissions. One of the reasons non-corporate domain name owners haven't submitted domains is the listing price of $1,000-$3,000 per domain. However, this does include entry into the event. Sales commissions are also high compared to Moniker's live auctions. Moniker charges a flat 15% of sales, whereas Ocean Tomo charges a 10% buyer's premium and 15% seller's premium.
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