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...Fake Watch Two Americans went on trial in Shanghai last week charged with "conducting business illegally" after allegedly selling some 180,000 pirated DVDs over eBay and a Russian website. Arrested following the first joint Sino-American investigation on DVD piracy, they face up to 15 years in prison for running an "audio and video products" business without a proper license. The defendants argue that the law doesn't apply because they sold all their goods overseas. And as for the dodgy discs: "I bought the DVDs from licensed stores," said one, "so I took it for granted that they...

Author: /time Magazine | Title: Milestones | 1/23/2005 | See Source »

...says that after an Elvis concert he attended in 1977, he was given the cup by a security guard. For decades he preserved the liquid in a sealed glass vial, but after seeing a grilled cheese sandwich ostensibly bearing an image of the Virgin Mary garner $28,000 on eBay, he decided to part with the holy Elvis water. Jones was so pleased with the financial results that he has put the actual chalice--which takes the form of a plastic-foam cup--on offer. Top bidders will not get to own the cup, merely earn the privilege to visit...

Author: /time Magazine | Title: Elvis Scores Another Hit | 1/2/2005 | See Source »

Sources: FBI (2); UNAIDS/World Health Organization (2); University of Arizona (2); Boston Globe; eBay...

Author: /time Magazine | Title: Numbers: Dec. 6, 2004 | 12/17/2004 | See Source »

...that city officials, facing a $220 million budget shortfall for 2005, are breaking new revenue-collecting ground. Last week the city's department of cultural affairs launched a two-week "Great Chicago Fire Sale," hoping to raise at least $250,000 for its financially strapped arts programs via an eBay auction of Windy City items, including an original Playboy-bunny costume, lunch with Oprah's decorator and a chance to dye the Chicago River green on St. Patrick...

Author: /time Magazine | Title: Creative Thinking In Chicago | 12/17/2004 | See Source »

Lost yet another eBay auction as you hustled for holiday gifts? Had a buyer swoop in at the 11th hour with a winning bid? Don't get mad--get a snipe program. Sniping is slang for last-second bidding; an estimated 5% of eBay auctions end that way. At Web-based services such as eSnipe, PowerSnipe and Bidnapper, simply enter the maximum amount you are prepared to pay for an item, and the site takes care of the bidding, saving you time and improving your odds of victory. eSnipe offers a 14-day free trial; after that, you pay only...

Author: /time Magazine | Title: Technology: Last-Second Shopping | 12/17/2004 | See Source »

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