Feeds

Articles about Auction

FCC flashes cash at broadcasters ahead of wireless auction

The US Federal Communications Commission (FCC) is pitching broadcasters to join in on its upcoming wireless spectrum auction with the promise of huge payouts from mobile giants if the TV industry give portions of its broadcast space. In a presentation (PDF) to broadcasters, the FCC said that local TV stations will be able to …
Shaun Nichols, 01 Oct 2014
Bitcoins

Feds to auction off second tranche of Silk Road Bitcoins worth $19 MEEELLION

The US Marshals Service (USMS) is looking forward to another funding bonanza after holding another auction of Bitcoins seized from the Silk Road online bazaar that was allegedly run by Ross Ulbricht under the handle the Dread Pirate Roberts. The auction is for 50,000 Bitcoins, worth $19,241,924 at current market rates, and the …
Iain Thomson, 18 Nov 2014
hands waving dollar bills in the air

$180,000 buys you lunch with Tim Cook as charity auction ending

The 8th annual charity auction to meet the executive of your dreams (or nightmares) is showing that lunch with Apple's big boss Tim Cook will set you back over $180,000 – other tech leaders, however, are proving less popular. The auction, run by Charitybuzz, raises money for the Robert F. Kennedy Center for Justice and Human …
Iain Thomson, 12 May 2014

FCC eases rules for big telcos ahead of spectrum auction

The US Federal Communications Commission is being praised by large telcos following the introduction of new rules for the upcoming wireless spectrum auctions. The Commission said on Thursday that it was planning to implement a set of rules that will limit the amount of space large carriers can purchase in various markets next …
Shaun Nichols, 15 May 2014
Apple signs for auction

Apple 'rainbow' logos set to fetch $10-15K at auction

A pair of logos taken from Apple's Cupertino headquarters are slated to fetch big bucks on the auction block. Auction house Bonhams is planning to offer two pieces of signage sporting the company's iconic rainbow-colored logo as part its upcoming auction series "The Story of the 20th Century." The auction is set to take place in …
Shaun Nichols, 19 May 2014
Mercury-era spacesuit

SPACE RACE auction: $130k raised for spacesuits, Apollo 11 kit

The latest space history auction in New York has raised tens of thousands of dollars selling off spacesuits, spacecraft models and Apollo 11 memorabilia. Mercury-era spacesuit Bonhams held its annual space auction yesterday in the US where a Lunokhod 2 Lunar Rover model went for $15,000, a Mercury-era spacesuit went under the …

FCC delays spectrum auction to 2015

The US Federal Communications Commission (FCC) is planning to delay the hotly anticipated auction of the former broadcast television spectrum space due to concerns that it is not yet ready to properly handle the reallocation process. The FCC on Friday said that it would push back the target date for its Broadcast Television …
Shaun Nichols, 06 Dec 2013
One of the few photos showing Neil Armstrong during the Apollo 11 moonwalk

Get your MOON GEAR: Auction to feature Space Race memorabilia

Looking to own a piece of space history? Have a spare $50,000 to spend? You may be in luck, as a US auction house is placing a series of artifacts from the US and Soviet space programs on the block. Auction house Bonhams is set to offer a collection of items ranging from the early first manned spaceflights to the last Apollo …
Shaun Nichols, 07 Apr 2014

Mystery bidder plunders the whole haul in Silk Road Bitcoin auction

The US Marshals Service says the entire hoard of Bitcoins seized from shuttered online drugs souk Silk Road have gone to a single bidder in an auction held on Friday. The 29,656.51306529 Bitcoins that prosecutors wrested from wallets belonging to Silk Road have an estimated real-world value of around $19m at today's exchange …
Neil McAllister, 02 Jul 2014
The buttons on a mobile phone glow in the dark

4G auction helped keep mobile networks competitive ... for NOW

The auctioning off of radio spectrum for the delivery of "4G" mobile broadband services did not result in the distortion of competition in the market, a spending watchdog has said. The National Audit Office (NAO) said that the 4G auction run by the UK's telecoms regulator Ofcom last year achieved one of its two main objectives …
OUT-LAW.COM, 14 Mar 2014

Spectrum auction closes shy of $AU2 billion

Australia's communications minister Senator Stephen Conroy has failed to stretch his “red undies” over the government's budget deficit: the spectrum auction, for which the results have just been announced, yielded a little under $AU2 billion. Last year, the Senator was criticised for setting an “unrealistic” floor price of $1.36 …

FCC: You'll have to wait EVEN LONGER for faster wireless broadband

The FCC confirmed today that it will delay its planned wireless broadband spectrum auction until at least 2016. The US regulator blamed a court case for holding up efforts to sell TV frequencies to cell networks, which will then use the airwaves for faster and broader mobile data services. The commission hoped to auction off …
Shaun Nichols, 24 Oct 2014
The Register breaking news

Bahrain 4G auction founders under deluge of legal action

The Kingdom of Bahrain should have completed its 4G auction by now, but instead the process has been kicked into touch following legal action from an excluded operator. The auction, cleverly titled "Post 3G" (PDF, slide deck with plenty of visuals), was announced last November and initally open to all, but lobbying from the …
Bill Ray, 03 Apr 2013
1960s TV series Batmobile

Holy classic car auction, Batman! They sold THE Batmobile!

The original Batmobile has been snapped up at auction for $4.2m (£2.6m, €3.2m) by a fan of the 1960s television series. 1960s TV series Batmobile The 1955 Lincoln Futura concept car was bought for just $1 in 1965 by customiser George Barris. He then spent $15,000 over 15 days turning it into the iconic vehicle for the Caped …

Pics in SPAAAACE!: Hasselblad sells for $275,000

The first Hasselblad camera to travel into space sold last week at auction for an astronomical $275,000. View of the first Hasselblad in space The first Hasselblad in space, and now sold for a cool $275K The 500c and 80mm Zeiss lens accompanied Walter M Schirra on the Mercury MA-8 mission in October 1962. Fellow astronaut …
Lester Haines, 17 Nov 2014
the red underpants are bugging from buechertiger's Flickr feed of Bonn street art

Minister intervenes in Oz spectrum auction

Australia’s communications minister, Senator Stephen Conroy, who famously told Australian telcos they’d wear red undies on their heads if he told them to, has stepped into the auction process for new mobile spectrum. His intervention comes amid speculation that the troubled state of Vodafone would leave Telstra and Optus as the …
The Register breaking news

Ofcom sets auction timetable: UK's 4G monopoly will end in June

Ofcom has drafted the legislation to open up two 4G bands next year, with bidders required to register by 11 December, the auction in January and the awards in June. The regulator published its proposals for the auction in August, but this is the proposed legislation which will make that auction happen. The final rules don't …
Bill Ray, 12 Nov 2012
New Zealand Auction site Wheedle apologises for being down

Security mess sends Kiwi auction site titsup in two days

A New Zealand auction website has shut after just a day, thanks to IT professionals who noticed extraordinarily relaxed security operations. The site in question is Wheedle.co.nz, which currently says “unforeseen technical problems “have “postponed further activity on the website.” Postp0wned may be a more accurate term, as …
Simon Sharwood, 05 Oct 2012
The Register breaking news

UK 4G auction kicks off in total silence

The UK has opened its auction of radio frequencies suitable for high-speed 4G mobile internet services. Who exactly is bidding in which bands will remain a secret until the sale ends. The auction includes chunks of spectrum cleared by the switch-off of analogue telly and the move to digital TV, known as the 800MHz band, and the …
Bill Ray, 23 Jan 2013
Engineers fitting antenna heads

Terrible reception for Oz spectrum auction

Australia's spectrum auction has found a terrible reception from those hoped to be most interested in access to the airwaves, with local carriers deciding not to bid. The auction to be held in April next year is for Australia’s 700MHz and 2.5GHz spectrum, will reallocate the spectrum that becomes available when broadcasters …
The Register breaking news

Czechs check cheques, reject £680m 4G auction

As bidding topped £680m, the Czech regulator pulled the plug on the 4G auction, saying that to continue would risk pushing cripplingly high prices onto the winner's customers as well as delaying deployments - both to the detriment of the country's citizens. The Czech Republic was hoping for a fast deployment, and the regulator …
Bill Ray, 12 Mar 2013
The Register breaking news

Sharp-elbowed BT dives into 4G spectrum auction

BT is among the bidders in the 4G auction, communications regulator Ofcom confirmed today. It's not just mobile operators that are jockeying to get their hands on the spectrum by June 2013. Managed network outfits and the nation's fixed line provider are also in the running. The auction process kicks off next month. Ofcom said …
Kelly Fiveash, 20 Dec 2012
Apple I set for auction

Want to buy a Woz-made Apple I? If you need to ask the price, you can't afford it

A US auction house is preparing to bid off a piece of Apple Computer history that could fetch more than $500,000. Bonhams will auction off a rare Apple I system handmade by Apple co-founder Steve Wozniak when the biz was in its infancy. According to the auction house, the model was assembled by Woz in 1976 as part of an order …
Shaun Nichols, 05 Sep 2014

Online tat bazaar eBay collapses in UK

Online tat bazaar eBay has collapsed in the UK, with intermittent outages affecting people around the country. Users told The Reg that the community forums, messaging facility and the "My eBay page" were crippled. According to Down Detector, the problems started at about 9am this morning. An eBay spokesman told us: "Some users …
Jasper Hamill, 10 Nov 2014

Telcos spaff $36bn on gobbling Uncle Sam's radio frequencies for beefier cell coverage

US watchdog the FCC has raised at least US$36bn from telcos by auctioning off a load of radio frequencies for improving wireless broadband. That's more than three times the $10.1bn it expected – remember that next time your cellphone bill goes up. While Uncle Sam banks the massive windfall, cell networks can use their newly …
Shaun Nichols, 25 Nov 2014
Cat 5 cable

Mystery buyer scoops working Apple 1 at auction

A working Apple 1 computer has broken records at auction, with a mystery buyer shelling out $374,500 for the system, with a handwritten memo from Steve Jobs also selling for well over the guide price. The items were auctioned off by Sotheby's and nearly doubled the expected guide price for the items. The Apple 1, one of only a …
Iain Thomson, 15 Jun 2012

First space Hasselblad goes under the hammer

The first Hasselblad camera to travel into space will go under the hammer next week, over 50 years after it was carried aloft by Walter M Schirra on the Mercury MA-8 mission. View of the first Hasselblad in space The first Hasselblad in space - yours for $10k+ Camera enthusiast Schirra bought the 500c and 80mm Zeiss lens at …
Lester Haines, 06 Nov 2014
Dom Joly

Guess what's missing from Ofcom's big MoD spectrum sale ... YEP, coverage obligation

Ofcom has opened a consultation (PDF) on plans to auction Ministry of Defence spectrum next year – but the watchdog has failed to include coverage obligations in the proposals, despite controversy over mobile "notspots". Bidders are being asked to comment on proposals for the auction of spectrum in the 2.3 GHz and 3.4 GHz bands …
Kat Hall, 07 Nov 2014
Bitcoins

US marshals leak list of possible Bitcoin buyers

The U.S. Marshals Service's auction for the for 29,656.51306529 Bitcoin it seized from online recreational pharmaceuticals purveyor Silk Road has gone off the rails after the Service accidentally spilled a list of interested parties. Coindesk reports that an email sent to those asking for information about the auction listed …
Simon Sharwood, 19 Jun 2014

Indian 2G auction turmoil as telcos revolt

Allegations of discrimination against foreign mobile operators, unfairly high start prices for spectrum bidders and yet more government delays have thrown India’s 2G auctions into chaos once again over the past few days. The original 122 licenses, doled out in 2008, were cancelled in February after the Supreme Court ruled …
Phil Muncaster, 08 Aug 2012
cloud

Seagate mulls flogging precious drives at auction

At CES Seagate boss Steve Luczo said the company was considering running open market auctions of its disk drives to gauge spot prices and demand. Luczo was talking at an informal investor event attended by Stifel Nicolaus' Aaron Rakers, who wrote that Seagate could run the auction events itself or hire a third party to do it. …
Chris Mellor, 13 Jan 2012
Video

US TV stations bowl sueball directly at FCC's spectrum mega-sale

US television broadcasters are suing the FCC over the regulator's planned auction of TV spectrum space to mobile phone networks. The National Association of Broadcasters (NAB) said it has objections to the framework the watchdog has laid out for an auction in which broadcasters sell off their spectrum space to carriers who will …
Shaun Nichols, 19 Aug 2014
The Register breaking news

FCC turns auction upside down for $300m rural 3G broadband

A US regulator is proposing a reverse auction to attain national broadband, providing $300m to the company that claims to be able to do the most with the cash pot. "Auction 901" won't start until September 27, but the FCC has published an interactive map showing which areas of the US are still lacking wireless coverage so …
Bill Ray, 13 Feb 2012

Bargain basement iPhone shoppers BEWARE! eBay exposes users to phishing vuln

eBay bans the use of cross-site scripting on the online tat bazaar because it can open up the site's users to nasty phishing vulnerabilities. And yet, according to the BBC, some auction listings have been exposed to the exploit since February this year. Some users hunting for old iPhones could have been caught up in the security …
Team Register, 21 Sep 2014
iMac with Retina 5K Display

Forget the $2499 5K iMac – today we reveal Apple's most expensive computer to date

When Bonhams put a vintage Apple I computer on the block, the Brit auction house thought the tech antique would fetch as much as $500,000. It was wrong. Instead, the 1970s-era circuit board fetched an eye-watering $905,000 (£564,000) in New York on Wednesday. The winning bid came from the Henry Ford Museum, which said it will …
Shaun Nichols, 23 Oct 2014
Apple-1

Got a spare $600k? Then an ancient Apple-1 could be yours

It's clapped-out and so under-specced that sending even the briefest of tweets is impossible. But that won't stop some super rich collector from paying $600,000 for an Apple-1 computer signed by the Cupertino Godhead himself, Steve Jobs. The pre-Mac was built in Jobs' garage before being sold to Charles Ricketts. According to …
Jasper Hamill, 04 Nov 2014
The Register breaking news

EE eyes up £400m payday at spectrum auction

Everything Everywhere has started consulting on how best to auction off the 30MHz of bandwidth it's required to give up, with a view to turning it into £400m in cash some time next month. That's according to the Financial Times, who's been talking to the ever-helpful "people familiar with the plan" and heard that the Royal Bank …
Bill Ray, 11 Jan 2012
Enormous coprolite

METRE-LONG DINOSAUR POO going under the hammer

A colossal dinosaur poo is about to go to under the hammer. Auction house I.M. Chait has listed what it describes as an “Enormous and rare coprolite” said to measure 40 inches - 101.6cm - from end to end. The object is believed to have been the result of a meal consumed during the Miocene-Oligocene epoch, some 23 million years …
Simon Sharwood, 25 Jul 2014
The Register breaking news

Ofcom admits 4G auction will slip

Struggling to cope with responses to its consultation, Ofcom will refine its 4G auction proposals for the end of 2011, and seek feedback with a view to commencing in Q4 2012. The first proposals were published earlier this year, and generated huge amounts of feedback. Since then Ofcom has repeatedly claimed the process was on …
Bill Ray, 07 Oct 2011
gTLD graphic

Want to own .app, .blog or .pet? Best sell a third of yourself for $100m on London Stock Exchange

Internet registry Afilias hopes to build a $100m (£62.3m) war chest by floating on the London Stock Exchange – just in time to spend the cash snapping up the rights to new dot-word domains. The company will sell 30 percent of itself next month, ahead of a critical dot-word auction planned for 17 December. Some 21 valuable new …
Kieren McCarthy, 23 Oct 2014

eBay impulse buyers STAY AWAY: Holy Grail Superman comic book to fetch $2m+

One of the rarest comic books of all time is going under the hammer – well, a virtual hammer. Online auction house Web tat bazaar eBay has said dealer Darren Adams will use the website to sell a nearly pristine copy of Action Comics #1. The legendary 1938 edition from DC Comics features the first appearance of Superman. The …
Shaun Nichols, 24 Jul 2014
The Register breaking news

Google OUTBID on g.co.uk at auction

Google may have spent an estimated $1.5m on the Colombian domain name g.co earlier this year, but it was outbid on g.co.uk in a recent auction by a domain investor. The desirable address sold for £76,000 at a Nominet auction, according to a list of sales compiled by domain names guru Ty Hancocks and reported by the FT today. …
Kevin Murphy, 03 Oct 2011
hands waving dollar bills in the air

Amazon bags control of .book and .pay domains – but NOT .cloud

Bookseller-turned-bazaar Amazon has beaten off competition from eight other companies, including Google and publisher Bowker, to win the right to sell domains ending in .book. It's not known how much Amazon paid since the gTLD was bought at private auction, although it is believed to have been between $5m and $10m – Amazon just …
Kieren McCarthy, 11 Nov 2014
hands waving dollar bills in the air

Would you blow $5.6m to own a dot-word? Meet a bloke who did just that

A further $13m was spent yesterday on auctions for the ownership rights to three new soul-sapping dot-word domains: .spot, .salon and .realty. Amazon outbid Google and gTLD powerhouse Donuts to pay $2.2m for the rights to sell dot-spot addresses; Donuts beat L'Oreal and two others for dot-salon at $5.1m; and top of the heap, …
Kieren McCarthy, 24 Oct 2014

No sale, Yahoo! Hulu goes off the auction block

Video-streaming site Hulu has opted to walk away from talks about a possible buyout, ending months of speculation as to which media or online giant might snap it up. In a joint statement issued on Friday, co-owners 21st Century Fox, NBCUniversal, and The Walt Disney Company said they won't entertain any further offers for Hulu …
Neil McAllister, 12 Jul 2013
FCC logo

AT&T threatens to pull out of FCC wireless auctions over purchase limits

US wireless megacarrier AT&T has told the Federal Communications Commission (FCC) that it could withdraw from an upcoming wireless spectrum auction over proposed buying limits. The carrier on Wednesday argued that if current caps aren't lifted, AT&T and other carriers would not be able to obtain enough spectrum space to properly …
Shaun Nichols, 17 Apr 2014
The Register breaking news

Fairfax set to IPO auction site

Fairfax Media has confirmed that it is selling up to 35 percent of its stake in New Zealand online auction site Trade Me. The media giant says it intendes to launch an IPO on the New Zealand stock exchange and possible the ASX, subject to financial market conditions. Should the public offer take place Trade Me would emerge as a …
The Register breaking news

UK 4G auction: No word on what will be flogged, or what it costs

Last week the Ofcom announced details of the upcoming 4G spectrum auction, only the regulator still can't say how much spectrum is on sale, what it will cost, or the annual rent due afterwards. The mega-auction announced last week includes bands at 800MHz, which've been cleared of analogue TV, and at 2.6GHz, which has been empty …
Bill Ray, 03 Aug 2012

Indian callers could see bills DOUBLE after spectrum auction chaos

Mobile phone bills in India could double if the government agrees to new regulatory proposals for upcoming 2G spectrum auctions, the country’s major operators have warned. The telecoms ministry is currently seeking clarification on some of the proposals from regulator the Telecom Regulatory Authority of India (TRAI), which …
Phil Muncaster, 07 May 2012
management regulation1

LightSquared backer sues FCC over spectrum shindy

US hedge fund Harbinger Capital Partners is suing the US government - and specifically the Federal Communications Commission (FCC) - according to the Wall Street Journal (paywall), for its part in the demise of optimistic wireless broadband network LightSquared. The network filed for Chapter 11 bankruptcy last May after the FCC …
Simon Rockman, 14 Jul 2014