Auction

eBay to Sell Auction Items on Time Warner Cable Interactive TV

Authored by Mark Hefflinger on May 19, 2005 - 7:29am.
New York -- Online auctioneer eBay has signed an agreement with Time Warner Cable, to offer viewers the ability to bid on items using interactive TV technology, Reuters reported. The technology, developed by Plano, Texas-based BIAP, will let viewers monitor bids they first placed on a PC, as well as raise their bids using a TV remote. Time Warner Cable digital subscribers in Austin, Texas will be the first to whom the feature is offered, during a one-year test of the technology.
tags: TV | eBay | Cable | Time Warner | Auction |

Bonds 700th Home Run Ball Draws $804,129 in Overstock.com Auction

Authored by Mark Hefflinger on October 28, 2004 - 4:34am.
Salt Lake City, Utah -- Online retailer Overstock.com announced on Thursday that it has closed its online auction for the historic 700th home run ball of San Francisco Giants left fielder Barry Bonds, with a closing bid of $804,129 from an undisclosed buyer. The ball put Bonds into a league of other 700 home run hitters that includes Hank Aaron and Babe Ruth. Steven Williams, a 26 year-old mortgage broker from Pacifica, Calif., recovered the ball on Sept. 17 at SBC Park, and plans to donate a portion of his auction proceeds to Mothers Against Drunk Driving (MADD) and the Edgewood Center for Children and Families.

Sonicblue Deals to Sell Units Fall Through; Assets to Now Sell at Auction

Authored by Mark Hefflinger on April 1, 2003 - 3:35am.
Santa Clara, Calif. -- Bankrupt consumer electronics firm Sonicblue announced on Tuesday that a proposed deal to sell its ReplayTV digital recorder business and Rio digital audio player business has fallen though, and the units will instead be sold at auction. Sonicblue, which filed for Ch. 11 bankruptcy protection last week, said at the time it had a letter of intent to sell the units for $40 million to Japanese electronics firm D&M Holdings, Inc.; however, the companies failed to produce a final asset purchase agreement prior to the United States Bankruptcy Court appointed deadline. "While we worked very hard with the D&M team over the last few weeks, we were just not able to finalize all of the needed terms before the court set deadline," said Sonicblue CEO Greg Ballard. Separate auctions for Sonicblue's ReplayTV and Rio business units will now be held on April 15, while an auction for the company's GoVideo business line will be held on April 4. http://biz.yahoo.com/prnews/030331/sfm138_1.html
tags: Deals | Auction | Assets | Sonicblue |