Word: ebay
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...little guy too. Tiffany & Co., the retail jewelry giant, is in a similar quandary after a federal court in New York City ruled on Monday that Internet companies are not required to police trademark violations that appear on their websites. The case involved the online auctioneer eBay, which Tiffany had sued after counterfeit jewelry was sold on eBay's site. The judge did say that companies like Tiffany can do the policing themselves and order websites to remove online material that flouts trademarks. But even for big firms, patrolling an ocean as vast as the Internet for intellectual-property shenanigans...
...hack revealed a significant security flaw in the more than 15-year-old swipe card system, as he was able to gain access to buildings and gates across campus with only knowledge of HUID numbers and a $200 card reader bought from eBay...
...Paris Making eBay Pay for Fakes A French court ruled on June 30 that auction website eBay must pay nearly $63 million to a group of luxury brands, including Louis Vuitton, Dior and Givenchy, after finding that the company wasn't doing enough to deter the sale of fake handbags, perfume and other knockoff goods. Weeks earlier, another French court ordered eBay to pay nearly $32,000 to the luxury retailer Hermès. Meanwhile, in the U.S., eBay awaits a ruling in a similar case brought by jeweler Tiffany...
What better role model could you ask for than this? And how do you put a price on the opportunity to spend nearly three hours in his company? Well, two days after our meal, the auction closed on eBay for next year's lunch with Buffett. The winner, a Chinese money manager named Zhao Danyang, bid $2.1 million. So, that proves it: our $650,100 lunch was a total bargain...
...looks like the Wild West," explains Guy Salter, deputy chairman of Walpole, the British luxury brands trade association that collaborated on the study. Chi-chi brands also worry the web is more hoi polloi than haute couture. "Some feel they might be perceived as an Amazon or an Ebay," says Victoria Bracewell-Lewis, a Forrester senior analyst. "But the opposite is true. A well-run digital channel can only enhance their image...