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Articles about Auction

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 …
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

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

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 …
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 …
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
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
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
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

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
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
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

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

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

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
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

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
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
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
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
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 …
Timothy C. Draper

VC who wants to split California REVEALED as Silk Road Bitcoin slurper

Venture capitalist Tim Draper has revealed that he is the investor who snapped up nearly 30,000 Bitcoins seized from shut-down online drugs market Silk Road, having outbid all comers in an auction held by the US Marshals Service last week. The 29,656.51306529 Bitcoins nabbed from Silk Road's digital wallets were auctioned off as …
Neil McAllister, 02 Jul 2014

Rip up telco red-tape so they can take on Viber, WhatsApp, says Brazil

Brazil's communications minister says the country is looking at a new telecommunications regulatory regime, to take into account the rise of services like Viber and WhatsApp. Speaking at Mobile World Congress, minister Paulo Bernardo said the quality-of-service requirements placed on incumbents (Telefonica, Embratel and Hi) is …

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

US Marshals seek buyer for Silk Road's Bitcoin

The U.S. Marshals Service is seeking a buyer for 29,656.51306529 Bitcoin it says once “resided on Silk Road servers.” Bitcoin exchange Preev.com says that translates into about $US17.65m at the time of writing. The Marshals' notice about the Bitcoin is framed as a chance to “submit a bid for purchase”. Bids must be accompanied …
Simon Sharwood, 13 Jun 2014
hands waving dollar bills in the air

Deflation hits Tim Cook – date with him now costs only half as much

The annual charity auction of executive meetings has seen Tim Cook's value cut by half, but he's still head-and-shoulders more popular than anyone else in the tech industry with buyers. The opportunity for lunch with the Apple boss at Cupertino, and a front seat at the next big Apple technology launch, was auctioned off for the …
Iain Thomson, 14 May 2014

The ULTIMATE space geek accessory: Apollo 15's joystick up for sale

If you're a space geek gamer looking for the ultimate joystick, then feast your eyes on the Apollo 15 "attitude controller assembly" - the stick used by commander David R. Scott to land the Falcon lunar module on the Moon in 1971, and which goes under the hammer later this month: The Apollo 15 lunar module controller The …
Lester Haines, 08 May 2014
The Register breaking news

Oz rail company sold USB keys from lost property in auction

Someone in RailCorp will be nursing a bruised ego after selling a pile of USB keys lost on trains in the authority’s regular lost property auction. It may have never raised an eyebrow, except that the keys were bought by the keen-eyed Paul Ducklin of Sophos. What Ducklin thought of as a good source of research into user habits …
The Register breaking news

Ofcom sets out spectrum mega-auction, again

Ofcom is proposing greater coverage requirements, but fewer ownership caps and simpler lot sizes, in its latest round of proposals for the forthcoming mega-auction. The proposals include pushing 2Mbps of data to everywhere you can get a 2G voice call today – which should cover 98 per cent of the country – and capping overall …
Bill Ray, 12 Jan 2012
The Register breaking news

4G-auction rural notspot scheme would actually be illegal

The Consumer Communications Panel has called for 4G money to be used to help build rural networks, which sounds eminently sensible but, as BT pointed out last month, would almost certainly be illegal too. The CCP got huge amounts of publicity for its public response to Ofcom's ongoing consultation on the best way to sell off the …
Bill Ray, 27 Jul 2011
Chitty Chitty Bang Bang

Vintage flying car offered at auction

She may not be full of gizmos like Bond's DB5, nor does she talk like Knight Rider's KITT, yet Chitty Chitty Bang Bang remains one of the most loveable motors in the history of cinema. Which is why collectors will be chuffed to know she's going under the hammer next month. If you wish to take Chitty on a trip to find the gloomy …
Caleb Cox, 26 Apr 2011
The Register breaking news

Auction fraud complaints prop up declining US cybercrime reports

US complaints about internet fraud dropped 10 per cent last year. The Internet Crime Complaint Center (IC3) fielded 303,809 reports of cybercrime in 2010, down from 336,655. The agency – maintained by staff from by the FBI and the National White Collar Crime Center – said the reduced figures were still the second highest in its …
John Leyden, 25 Feb 2011
The Register breaking news

4G über-auction coming next year

Ofcom has started consultations on how to run the biggest spectrum auction the UK has ever seen, though it seems maintaining the status quo is the name of the game. The mega-auction includes 250MHz of spectrum, much of which is released by the switch to digital television (the "digital dividend"). Ofcom is hoping the sell-off …
Bill Ray, 22 Mar 2011

eBay bans CD sales of metal band Burzum, citing offensive material

eBay has banned auctions of CDs and merchandise by Norwegian musician Varg Vikernes, on grounds that Vikernes holds views that the company deems offensive. Heavy metal fan site MetalSucks.net was the first to report on the ban, after an anonymous reader said that when he tried to list two CDs by Vikernes' one-man band Burzum for …
Neil McAllister, 09 Aug 2014
The Register breaking news

Will Ofcom have to stick up its hands on 4G auction?

Ofcom will do anything to avoid seeing the 4G auctions scheduled for next year mired in legal battles - but deciding to whom it would surrender will be tough. The regulator has told the FT it stands ready to fight for its proposed 4G mega-auction, in the face of operators who seem keen to resort to legal action, but not at the …
Bill Ray, 15 Jun 2011
Rhinoceros in late afternoon, Kruger National Park. Credit: Shutterstock

Only a merciful BULLET can really save a RHINO, say Texas hunters

A US Safari Club has been offered a permit to shoot an endangered black rhinoceros to help save the rest of the species. Rhinoceros in late afternoon, Kruger National Park. Credit: Shutterstock One Allan Quatermain type will get the chance to track and kill the beast after stumping up what’s expected to be a hefty price at …
Aston Martin DB5

Bond car bought at auction

One wealthy James Bond enthusiast drove away with the spy's most famous car yesterday, after it was auctioned for £2.6 million. Driven by Sean Connery in Goldfinger and Thunderball, the Aston Martin DB5 was expected to fetch in excess of £3m. A spokesman from the auction said, "It's still a lot of money and I don't think anyone …
Caleb Cox, 28 Oct 2010