News tagged with auctions
India says 3G roaming mobile pacts 'illegal'
India's telecom ministry told mobile phone operators on Thursday that they must scrap "illegal" mutual roaming agreements allowing them to provide seamless nationwide 3G services.
Dec 22, 2011 |
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Overstock.com unloads goods at Utah auction
(AP) -- Overstock.com, the online retailer known for selling distressed merchandise, was feeling a little distressed itself. With household merchandise stacking up in a warehouse, it opened the doors Thursday ...
Dec 16, 2011 |
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Founding Apple document sells for $1.6 million
The founding papers setting up Apple Computers sold Tuesday in New York for just under $1.6 million, ten times the maximum amount that had been expected by Sotheby's auctioneers.
Dec 14, 2011 |
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British sprinter turns to eBay for Olympic bid
A British athlete on Wednesday put himself up for auction on online giant eBay in a desperate attempt to attract sponsors in the run up to London's 2012 Olympic Games.
Dec 07, 2011 |
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eBay buys recommendation service Hunch
Internet auction giant eBay said Monday it has bought Hunch, an online service which provides users with personalized recommendations for products and services.
Nov 21, 2011 |
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Catchy names for apples may boost revenue
A rose by any other name may smell as sweet, but an apple by another name could fetch a much sweeter price for farmers.
Other Sciences / Economics & Business
Nov 17, 2011 |
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Auctions, traffic, selfishness, and data privacy: It all comes down to math
Every time you run a Google search, a split-second automated auction takes place to determine which of many competing companies will get to fill the ad space in your browsing window. The program controlling ...
Nov 08, 2011 |
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PayPal opens Southeast Asian operations centre
PayPal, the US-based online payment giant, has moved to expand its global presence with its first Southeast Asian operations centre, the latest in a string of similar offices around the globe.
Nov 02, 2011 |
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China closed to outside Internet firms: eBay chief
The head of global online auction powerhouse eBay said that China has essentially put up a wall when it comes to non-Chinese Internet firms.
Oct 18, 2011 |
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HP fires second CEO in 2 years; Whitman in charge
(AP) -- Hewlett-Packard has performed another extreme act of corporate remodeling, firing its CEO Leo Apotheker after just 11 months and replacing him with billionaire businesswoman and political aspirant ...
Sep 22, 2011 |
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France pockets 936 mn euros in 4G frequency auction
France took in 936 million euros ($1.3 billion) from the auction of frequencies to build fourth-generation mobile telephone networks, telecommunications regulator Arcep said on Thursday.
Sep 22, 2011 |
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EBay targets mobile users, hoping to seem hip
(AP) -- EBay's name is synonymous with auctions, but that's created an image problem for the online marketplace.
Sep 14, 2011 |
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eBay eyes investments in Japan and China: report
Online auction house eBay is on the look-out for investment targets in Japan and China, a report said Thursday, as it seeks to expand in fast-growing Asia.
Sep 01, 2011 |
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EBay profit falls on charges, results beat Street
EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail ...
Jul 20, 2011 |
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Penny auction sites could cost a chunk of change
(AP) -- An iPad for $88.07? An Xbox for $15.33? Sold!
Jun 24, 2011 |
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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.
