Conatel may call off an auction for acquiring radio spectrum monitoring equipment due to rumors that the project will be awarded to a contestant that offered US$1mn more than the lowest offer, news service ABC quoted Conatel head Jorge Pavetti as saying.
Conatel was due to take a decision on Thursday. By the time of publication [...]

According to a new survey commissioned by eBay, nearly 60 percent of Americans receive unwanted gifts during the holidays, and more than half admit to re-gifting, says an article on MSNBC.com. In fact, the auction giant even promoted the reselling of unwanted gifts on its site by running a one-day promotion, where it cut the [...]

An historic Washington state home bought by Courtney Love nearly eight years ago is up on the public auction block to satisfy debts in a foreclosure case. The 41-year-old rocker, who was once married to Nirvana lead singer Kurt Cobain owes nearly $400,000 on the property. Cobain bought the bungalow for the family and now [...]

A hacker who was charged with using approximately 20,000 virus-infected computers to attack online auction firm eBay in 2003 has pleaded guilty, the United States Attorney’s office said on Wednesday.
The hacker, Anthony Scott Clark, 21, of U.S. state Oregon, helped to launch distributed Denial of Service attacks on the Internet against eBay, according to prosecutors.
[...]

During the upcoming Barrett-Jackson car auction in Scottsdale, a 1960 Lincoln Mark Five belonging to Elvis Presley will be available.
Barrett-Jackson says the car only has 33-thousand actual miles and is fully loaded including rear air conditioning.
Along with the car comes the paperwork including a copy of the bill of sale and power of attorney signed [...]

Since the launch of I-BID in 2003, the state has earned about $700,000 from the sale of more than 3,000 items, ranging from an old Department of Transportation helicopter to Swiss Army knives confiscated from travelers at the state’s airports.”There are people interested in everything we might sell,” said Brian Chapman, chief operating officer for [...]

For the first time, the online auction site eBay has publicly responded to complaints of fraudulent auctions by user Alisher71, possibly a Naples resident. In the last 30 days, Alisher Mardonov and Shahnoza Khakimova allegedly listed over 1000 items on eBay, accepted payment, but never delivered the merchandise.
The auctions began in mid November listing everything [...]

The Cook County Treasurer’s Office will begin auctioning off properties with unpaid taxes starting Wednesday.
More than 20,000 properties with delinquent taxes for two or more years will be up for grabs.
Successful bidders can acquire the deed to a property. Owners of properties on the list can pay off their taxes with interest to prevent them [...]

Ivey-Selkirk Auctioneers celebrated its 175th year as the oldest auction house in the Midwest and one of the oldest locally owned businesses with a Winter gallery auction held on December 3 and 4, at 7447 Forsyth. Ivey-Selkirk sold more than 700 lots of fine art and antiques and achieved a total result of $1,103,390.

The Waukesha Water Utility ended up getting more than $70,000 for a used front-end loader and backhoe, far more than the offer from an equipment supplier of $5,000 plus a new piece of machinery retailing at $35,000, the Milwaukee Journal-Sentinel reported. Executives have decided to spend part of the profits buying the Bobcat while the [...]

Billionaire media mogul John Kluge added another $3.2 million or so to his holdings with the successful sale of the contents of his Albemarle County home at a New York City auction.
Christie’s, the auction house that handled the sale, said this week that the contents of Morven Farm brought in $3,247,782. The 553 items, which [...]

Clothing designer Tommy Hilfiger Corp. agreed to a $1.6 billion buyout by Apax Partners & Co. after sales tumbled and the brand lost favor with teenagers.
Apax, part owner of the Calvin Klein brand and manager of a $5.1 billion buyout fund, will pay $16.80 per share. That’s 5 percent more than Tommy Hilfiger’s closing share [...]

A rare German gun that may have belonged to Adolph Hitler allegedly taken as a souvenir 60 years ago when U.S. forces captured one of his secret hideaways _ could fetch thousands of dollars in an online auction next month, organizers said.
No one knows for sure whether Hitler owned the Krieghoff Drilling shotgun/rifle engraved [...]

Courtney Love is to auction off an historic home she bought eight years ago to pay off her mounting debts.
The 41-year-old rocker, who was married to Nirvana frontman Kurt Cobain, purchased the gabled bungalow for his family in 1997 and now owes about $367,000 (£211,000) including the loan balance and legal fees, to WMC Mortgage [...]

Online auctioneer and e-commerce provider eBay announced on Thursday that Matt Carey had been named chief technology officer and senior vice president for eBay Marketplaces. The appointment is effective February 1, 2006.
Carey will report to John Donahoe, president of eBay Marketplaces. He will be responsible for eBay’s product development, architecture, project management, operations, [...]