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Nortel Patents Go to Group That Includes Apple, Microsoft, RIM and More
Nortel said late on Thursday that its portfolio of more than 6,000 patents has been sold for $4.5 billion to a consortium of tech companies made up of Apple, EMC, Ericsson, Microsoft, Research In...
View ArticleBorders to Shut Down
Borders Group Inc. said it would liquidate after the second-largest U.S. bookstore chain failed to receive any offers to save it. Borders, which employs about 10,700 people, scrapped a bankruptcy-court...
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eBay Commercials Coming to Let You Know "It's Not Your Mother’s eBay Anymore"
EBay is kicking off a TV campaign in the next couple of months that is expected to help bring back consumers who may not have purchased anything on the site since the retailer was focused exclusively...
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One Start-Up's Adventure in Figuring Out the Price of a Used Chair
Priceonomics, a small company that aspires to be the Kelley Blue Book for everything, tells the tale of how it sold four used Aeron chairs to another tech start-up, for a profit of $300. The...
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EBay's Stock Jumps Thanks to Double-Digit Revenue Gains
EBay easily exceeded expectations in the first quarter, reporting double-digit gains for both revenue and income. In after-hours trading, the stock was up 7.3 percent, or $2.63, to trade at $38.50 a...
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Facebook Anti-Hype Aside, Most Consumer Tech Stocks Up Smartly for the Year
Much of the media that hyped Facebook’s public offering to the high heavens is now busy slapping it and its stock upside its social-networking head. (Riddle me this: Why did none of the breathless...
View ArticleGetty Images Auction Draws Initial Bids of Around $4 Billion
The auction for a potential sale of Getty Images Inc. has progressed to the second round, with several private-equity firms putting in initial bids of around $4 billion, people familiar with the matter...
View ArticleKodak Patent Opening Bids Come In Low
Opening bids for Eastman Kodak Co.’s digital patents came in far below the $2.6 billion the company said they could be worth, an early sign the bankruptcy-court auction may not leave much cash for the...
View ArticleKodak Patent Bidding Is Tame
Eastman Kodak Co.’s patent auction has failed to generate the premium bids that the company and creditors had hoped for, with some suitors leaving Manhattan for home in the past few days, people...
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Kodak: Maybe We Won't Sell Our Digital Imaging Patents
Kodak is having second thoughts about selling off its digital imaging patent portfolio. The struggling photography pioneer, which for the past year has been gearing up to sell off some 1,100 patents as...
View ArticleNews Corp. Partners With Bank to Aid in Sale of IGN Entertainment Sites
News Corp. is working with investment bank Allen & Co. on an auction to sell its network of videogame and entertainment Web sites, known as IGN Entertainment, after the company’s initial sale...
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eBay Tries Two New Ways to Sell: Drop-Off Points and Home Pick-Up
Gail Weber had never sold anything on eBay, but she was interested in the concept after inheriting a number of antique vases, platters and plates. “I’m not intimidated by going on eBay, but I don’t...
View ArticleTim Cook Face Time on Sale (For a Good Cause)
Got $50,000 for a cup of coffee? How about $50,000 for coffee with Apple CEO Tim Cook? If you’ve got the cash and a charitable heart, then head on over to Charitybuzz where an auction is under way for...
View ArticleOne Hour of Tim Cook's Time Worth $610,000 to Rights Group
A mystery bidder has shelled out more than half a million dollars to win a charity auction for an audience with Apple CEO Tim Cook. On Tuesday afternoon, bidding for a 30-minute to 60-minute chat with...
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AT&T Discusses Entering Into a Joint Bid for Hulu With Chernin Group
According to sources close to the telecommunications giant, AT&T is in discussions with the Chernin Group about mounting a joint bid to acquire the Hulu premium video site. It makes sense — in...
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For Sale: Old Apple, Very Expensive
In July 1976, Steve Jobs and Steve Wozniak started producing their first computer in Jobs’s parents’ house. The original list price: $666, which got you a preassembled motherboard but no casing,...
View ArticleFor $90,000, This Had Better Not Be Held in Yahoo's URL's Cafeteria
Charitybuzz announced today that Ralph C. Martin, CEO of the German promotional risk management firm Emirat AG, had won the auction for an hourlong lunch with Yahoo CEO Marissa Mayer with a high bid of...
View ArticleHulu Bids Depend on TV-Show Rights
The big media companies that created Hulu endowed the online video provider with arguably its most valuable asset: Access to the current seasons of hit network-TV shows. Now, as an auction of the site...
View ArticleAntiques for Geeks: Christie's Auctions Vintage Apple Computers
As legend has it, the first Apple computers were made in 1976 in the garage belonging to Steve Jobs’s parents. Of that run of roughly 200 Apple 1s, only a few working models remain. One is currently up...
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Yahoo's Former GC Callahan Places His Bid With Online Real Estate Marketplace...
Michael Callahan, Yahoo’s former longtime and powerful general counsel, has taken a job as EVP and chief legal officer at Auction.com, one of the top online real estate marketplaces. He oversees...
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"Luminary" Access Site IfOnly Officially Launches With $3M in Funding From...
IfOnly, a charitable marketplace for experiences with the top “luminaries” in sports, cooking and entertainment, is officially launching its site after collecting $3 million in funding from a group...
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FCC Schedules First Major Spectrum Auction in More Than Five Years
The Federal Communications Commission announced that in January it will hold its first significant spectrum auction in more than five years. Image copyright Erick Margarita Images The commission said...
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The FCC Must Stay on Course on Mobile Competition
iStockphoto | maumaphoCongress and the Federal Communications Commission have taken on an important mission. These lawmakers are trying to make more public airwaves available for mobile broadband while...
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An Open Spectrum Auction Is Best for Consumers and Public Safety
Image copyright Pavel IgnatovThe Federal Communications Commission will soon release guidelines for an incentive auction for wireless spectrum. Spectrum is the invisible pathway that allows nearly all...
View ArticleA Gold Rush Hits Wireless Spectrum
The U.S. government’s first major auction of wireless airwaves since 2008 has speculators panning for gold. After years of complaining about the need for more airwaves, none of the major carriers have...
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