Word: auctions
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...sales. AOL, a service provider as well as a content provider, collects a steady $21.95 a head per month, while Yahooligans get their Internet access elsewhere and are accustomed to paying squat for content. When Koogle gingerly tried to extract even a nominal fee from users of Yahoo's auction service, 90% of them disappeared in disgust. No wonder he felt like joining them...
...canvas in question, one of four known variations of the Black Square, painted in the early part of the last century, would likely fetch at least $20 million at Sotheby's or Christie's. The last Malevich to be sold, Suprematist Composition, was auctioned in New York last May for $17 million. But soon the Vinogradov Black Square is to be sold in Russia for far less-perhaps as little as $2 million. Last month Alexander Yesin, manager of the bankruptcy sale, confirmed that indeed the painting will be auctioned in Russia. What he failed to say, but sources close...
...miles of space around it. For now Nemitz welcomes NEAR, free of charge, but he's hoping that someday, the rock 196 million miles from Earth will prove a gold mine. He'd like to develop Eros for mining and tourism. Short of that, he says, he may auction it on eBay...
...began when Josh Kopelman went online to find a copy of John Grisham's The Testament. He was about to spend $20 to buy it new on Amazon, but he decided to see if there were any copies listed on eBay. There were 12 up for auction, starting for as low as $1. And nobody was bidding on them...
...model is different. Kopelman saw something the folks at eBay were slow to appreciate--just how much demand there was for fixed-price deals. "There are people who love the thrill of bidding and winning," says Kopelman. "But there are other people who don't want to win an auction, they just want the CD." Kopelman's goal was to make it easier to sell an item than to throw it away. He's not there yet--garbage still doesn't need to be bubble-wrapped or taken to the post office. But closing a deal at Half.com requires...