Word: auctions
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...probably Skype Ltd. of Luxembourg, which has attracted more than 405 million customers since it launched software in 2003 that allows free long-distance calls over the Internet. eBay paid $2.6 billion for Skype four years ago because it believed the free voice operator would mesh well with its auction business. It didn't. Now eBay is spinning off Skype in an IPO, after taking a $1.4 billion write-down. Still, Skype is profitable and growing, and it rolled out an Apple iPhone app, much to the consternation of carriers everywhere...
...sunrise and beyond. Something sweet: quite possibly the funnest thing FlyBy has ran into on the web in quite some time...please, experiment--a non-sweet combination just isn't possible with this thing. Also, pics of the weird/creepy items to be found at the Neverland Ranch auction (still gotta love the music, though...
Courtside Celtics tickets and luxurious weekend getaways were on the auction block at the Cambridge Queen’s Head Pub last night for the Phillips Brooks House Association’s sixth annual Auction to Benefit the Summer Urban Program (SUP). The event featured a silent auction as well as a live auction conducted by guest auctioneer and musician Livingston Taylor—the brother of singer-songwriter James Taylor. With big ticket items including trips to San Francisco and tickets to games at Fenway garnering high bids, PBHA received considerable funding for its community service programs. The night?...
...does the taxpayer even get repaid? Probably through an auction process to sell government holdings in companies that it has rescued...
...financial firm's float is now sold short. AIG's stock can more up or down 15% on any given day based on information about whether the government will have to add to its $13o billion commitment to the firm and news about its desperate attempts to auction off its divisions to get money back to taxpayers. The stock is remarkably volatile. It has been as low as $.33 and as high as $1.74 since the beginning of the year...