| Proxibid Breaks Live-Auction Records in March
Proxibid announced it broadcast 350 live auctions during the month of March, a new record for the company, and signed on an unprecedented number of new clients. Proxibid Inc. is a pioneer of live Internet bidding technology with a client list of more than 800 auctioneer house customers. The company said the number of online bidders on Proxibid in March also reached a record high. Proxibid's live bidding service is connected to an auction portal where auction companies can post their catalog for bidders to browse and search. The technology integrates seamlessly with the live auctions, allowing bidders to see, hear and participate in the auctions from the comfort of their home or office via the Internet. Proxibid client Ken Jackson, CAI, of The Auction Marketplace said, "We have realized an additional 40% gross revenue when we conduct live auctions with Proxibid versus revenues realized during a traditional auction." Proxibid client categories include antiques and collectibles, farm equipment, heavy machinery and real estate.
Web traffic to eBay and Yahoo continues to grow
Web traffic to Yahoo has increased by 3 percent since last year and eBay has seen a 12 percent rise in the same time frame, according to Nielsen//NetRatings. Yahoo parent company increased three percent year over year, from a three-month average monthly unique audience of 104.7 million unique visitors in Q1 2006 to 107.5 million unique visitors in Q1 2007. In online advertising, estimated revenue from image-based impressions on Yahoo grew 54 percent from Q1 2006 to Q1 2007. Sponsored links on the Yahoo property grew 16 percent in the same time period. Web traffic to the eBay parent company increased 12 percent year over year, from a three-month average monthly unique audience of 60.9 million in Q1 2006 to 68.2 million in Q1 2007. EBay brands eBay, PayPal, Shopping.com Network, and Skype all ranked number one in subject categories in March 2007, including classifieds/Auctions, Financial Tools, Shopping Directories and Guides and Long Distance/Local Carriers.
AEP bidding for wind purchases in eastern US
American Electric Power said Tuesday that it issued two requests for proposals seeking long-term wind energy purchase agreements. According to AEP, the proposals are part of the first steps of the company toward its goal of adding 1,000 megawatts of new wind energy by 2011 and a "comprehensive strategy to address greenhouse gas emissions." The requests for proposals are for up to 260 megawatts of wind energy for AEPs Appalachian Power utility unit and up to 100 megawatts of wind energy for AEPs Indiana Michigan Power utility unit, the company said. The 360 megawatts of wind energy included in the two RFPs equals almost 60 percent of the currently installed wind generation in the PJM Interconnection, a regional transmission organization that covers all or parts of 13 states ranging from Illinois to North Carolina to New Jersey.
Sanders’ tougher rules will help Jackson County
Katheryn Shields' mishandling of professional services contracts attracted lots of negative attention for the former Jackson County executive. The contracts also undermined the credibility of county government. Now Mike Sanders, her successor, says he'll sign an executive order establishing tougher rules for issuing contracts to consultants, lawyers and others. Sanders will discuss his sound plan, which does not need the County Legislature's approval, with lawmakers today. Under the county charter, the contracts can be issued only by the county executive. The charter does not require competitive bids or notification of the Legislature. When Shields gave out dozens of contracts over her 12 years in office, she didn't call for competitive bids. So no one could tell whether the county was getting good deals.
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