Word: ebay
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Dates: during 2000-2009
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...every item swiped from a plane, there's an eager collector waiting to bid for it. Each day on eBay, travel memorabilia swap hands?from TWA napkins of the 1970s to a large array of Concorde crockery and pepper pots. Judging by the amount of stuff available from the retired supersonic service, it's a wonder that British Airways didn't terminate it sooner due to a lack of cups and plates...
Whenever Meg Whitman gets up onstage before a crowd of eBay users, she makes a point of being self-effacing--even when they are all chanting her name. Typically, her first words to adoring online auctioneers are, "This is about you." In a sense, she's right: eBay would not be what it is today--one of the fastest-growing companies in America, collecting more than $2 billion in annual revenue--without its virtual community of approximately 30 million active users. They are the ones who are trading $900 worth of goods and services a second on her website...
Whitman was persuaded of eBay's worth by its founder, Pierre Omidyar, a business novice who desperately needed her smarts. Her skepticism fell away forever when she attended a focus group of eBay users shortly after she joined. "Their passion for eBay [good and bad] was like nothing I'd ever seen in 20 years of business," says Whitman. "I'm reminded of it on a daily basis...
...every item swiped from a plane, there's an eager collector waiting to bid for it. Each day on eBay, travel memorabilia swap hands - from TWA napkins of the 1970s to a large array of Concorde crockery and pepper pots. Judging by the amount of stuff available from the retired supersonic service, it's a wonder that British Airways didn't terminate it sooner due to a lack of cups and plates. Travel is an area of collecting that can involve large sums of money (a Concorde nose cone was sold at auction for $550,000 to a U.S.-based...
...great advantage. Last Wednesday, in an important speech mostly blasted out of the news cycle by another suicide bombing in Iraq, Cheney took issue with the claim of Sen. John F. Kerry, D-Mass., that soldiers who want body armor and other needed equipment have to purchase it on eBay, because the military does not provide it. But Cheney didn’t refute the claim at all. Instead, he pointed out that Kerry voted against an appropriation of $87 billion requested by the president for the Iraq effort, giving the impression that the lack of equipment was Kerry?...