Feeds

eBay kills live auctions

Going, going, really gone

Designing a Defense for Mobile Applications

eBay is canning its live auction service in its latest effort to overhaul its business model.

The service was offered in partnership with real world auction houses and overseen by auctioneers, but will cease on 31 December.

Jim Ambach, vice president of Seller Experience, explained in the site's forum that the service fell out of eBay's "immediate focus" and will therefore "be retired".

Live auctions were often linked to real world auctions and so had no end time - the auction lasted as long as bids were made. Successful bidders paid a premium of 12.5 or 15 per cent depending on the price of the item.

The decision is one of several changes at eBay - last month it stopped allowing negative feedback about buyers, and earlier this week it made changes to security processes. The company is also forcing customers in Australia to shift to its inhouse payment service, PayPal.

eBay's first quarter results are released later today - the company is expected to hit its targets, and analysts expect earnings of around $2.07bn. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.