Tricia Duryee in Commerce on December 28, 2011 at 6:00 am PT
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.
Tricia Duryee in Commerce on July 20, 2011 at 5:19 pm PT
EBay is kicking off a TV campaign to help bring back consumers, who may not have purchased anything on the site since the retailer was only auctioning off used goods.
Mike Spector, Reporter, The Wall Street Journal in Commerce on July 18, 2011 at 2:30 pm PT
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 auction scheduled for Tuesday amid the dearth of bids.
Ina Fried in News on June 30, 2011 at 10:48 pm PT
The networking company, which is currently in bankruptcy proceedings, said late Thursday that it will receive $4.5 billion from a consortium of tech companies made up of Apple, EMC, Ericsson, Microsoft, Research In Motion and Sony.
The patent collection includes some 6,000 patents including key patents in the areas of wireless and networking.
John Paczkowski in News on June 17, 2011 at 2:53 pm PT
Earlier this week Nortel postponed the bankruptcy auction for its collection of 6,000-plus wireless patents by seven days, citing a “significant level of interest” in them. Now the source of that interest has been identified.
Kara Swisher in News on May 9, 2011 at 8:14 pm PT
The Wall Street Journal reported earlier tonight that Microsoft–in what would be its most aggressive acquisition in the digital space–was zeroing in on buying Skype for $8.5 billion all in.
Sources told BoomTown tonight that the deal for the online telephony and video communications giant is actually done and will be announced early tomorrow morning.
News Byte
John Paczkowski in News on May 5, 2011 at 3:37 pm PT
Now that Nortel Networks has been given the nod to go ahead with its IP auction, new bidders are emerging for the collection of 6,000-plus wireless patents. Which means Google may have to raise its $900 million “stalking-horse bid” if it hopes to prevail in the auction. “Patent risk solutions provider” RPX recently expressed interest in the Nortel portfolio,
says Bloomberg. And Research In Motion is said to be mulling a bid in the June 20 auction as well.
Kara Swisher in News on April 13, 2011 at 9:35 am PT
Today and tomorrow, Yahoo’s directors are gathering here in Silicon Valley for one of their regular meetings that take place over the course of the year.
While board meetings in general are usually pretty dull affairs–and Yahoo’s, in particular, are typically glacial ones–there is a lot on the plates of those with purview over the machinations of the long-struggling Silicon Valley Internet giant.
Arik Hesseldahl in Enterprise on March 25, 2011 at 6:30 am PT
Microsoft has paid $7.5 million to buy a block of 666,000 IP addresses from the bankrupt networking company Nortel. With IP addresses scarce, it’s probably not the last time we’ll see a deal like this.
News Byte
Tricia Duryee in Commerce on March 15, 2011 at 9:25 am PT
EBay said Tuesday that for the first time ever, it is
making it free to list up to 50 items a month on its auction site and that it will be free to add the “Buy it Now” option. Prices will be effective starting April 19. The promotions are designed to drive increases in both new listers and listings. Currently the prices for the service vary by the starting price of the item. If someone were listing 50 items a month at the highest price and added Buy It Now to all of them, the current cost would be $112.
