Word: auctions
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...Even more in demand is the Kelompok Jendela, or Window Group, from Yogyakarta. It has taken the auction world by storm, with works by Rudi Mantofani, Yunizar and Handiwirman Sahputra leading the way (Yunizar and Handiwirman's paintings have sold for over $50,000). According to Deddy Kusuma, owner of one of Indonesia's largest collections, some works by the group have appreciated by 10 times in the past year alone. Established painters are also benefiting from the surging interest. Nasirun, a well-known but reclusive 42-year-old painter in Bantul, Central Java, is currently selling paintings to overseas...
FOUR: SLOW INNOVATION The mobile carriers have maintained unchallenged dominance over their markets - and their customers. That's allowed them to preserve their potpourri of fees and to go slow on innovation, thus the stale approach to voice-mail and other services. Google recently proposed an auction system that would enable new players to buy into the wireless spectrum, an idea that could open the door to the sort of competition in the mobile world that enabled the high-speed access offered by better Internet Service Providers to topple AOL's old stranglehold on its customers. The carriers argue that...
...Ebay, Google's top advertiser, pulled its ads from the search giant's site after Google announced that it would hold a party Thursday night in Boston, where eBay had planned activities that evening as part of its Live! 2007 conference, a gathering of the auction site's devotees. The planned Google celebration devolved into a Boston tea party of sorts, with eBay dropping Google ads in protest of the search engine's party poaching. Google then backed off, canceling its shindig. EBay played it cool, announcing that its ad purchases were halted as part of a routine test...
...spat reflects growing tensions between the search and auction giants as each races onto the other's turf. Over the past year Google has ramped up Checkout, its online payment tool that competes with eBay'sPayPal, and eBay recently launched an auction marketplace for TV and radio ads aimed at media ad markets that Google is also targeting...
...Google sends to eBay comes from people typing in terms like "ebay.com" into Google's search box, rather than from ads paid for by eBay, according to research firm Hitwise. And given that Google's ad policy prevents it from placing rivals' ads when users type in "eBay," the auction site gets a decent showing on Google even without paying for it and without rivals' ads cluttering up searches for the auction site. "Maybe eBay will realize that its organic traffic from Google is enough," says Bill Tancer, Global Research Manager for Hitwise, referring to simple searches that lead...