| Cable networks shun eBay online exchange
AUCTIONS on eBay may be adored by millions of consumers around the world, but the large cable television networks have decided they want nothing to do with them. Cable networks like Turner Networks, Discovery, Lifetime and ESPN have decided to boycott an online exchange designed by eBay to sell advertising time, the Cabletelevision Advertising Bureau, a trade group in New York, said. Without the participation of cable networks, the eBay exchange will have no air time to sell to advertisers. .
Why Does eBay Want StumbleUpon? To Promote Its Auctions
At first it didn't quite make sense to me why eBay would want to acquire StumbleUpon. eBay does auctions and sales. StumbleUpon does random entertainment. At least, that's the way I used the two sites. But then, of course, I remembered that StumbleUpon is basically just a huge database full of associated interests. It's kinda like Amazon. People who liked X also liked Y. Deploy that technology on eBay, and suddenly your users find all sorts of stuff for sale they never knew about. I imagine somewhere inside eBay there's a chart showing that a huge percentage of their site is basically untrafficked. StumbleUpon, if deployed correctly, would help. .
FTSE 100 movers: Boots rockets as bids mount up
LONDON (SHARECAST) - An auction for Alliance Boots between Terra Firma and KKR/Pessina has sent the chemist chain shooting to the top of the FTSE 100 leaderboard. Terra Firma fired the last shot by upping its offer to 1,126p and topping an agreed bid of 1,090p announced by KKR/Pessina this morning. As yet, the AB board has not responded to the Terra Firma bid. Standard Chartered has recovered along with Asian markets as concern over the runaway growth of the Chinese economy eases. There were early losses for WPP as the advertising giant reported "slightly disappointing" first quarter revenue figures, although Goldman Sachs kept the shares as a "buy". The broker said the 0.7% drop in reportable revenues to 1.37bn was 2.6% below its estimate of 1.40bn, mainly due to an underestimation of the exchange rate impact.
Auction of land offered to YSR's son deferred
HYDERABAD: The Government deferred auction of 487 acres of land in Kadapa district, which was earlier offered to M/s Raghuram Cements by a Cabinet decision, as the latter was the only party to be present for the auction on Wednesday. The cement company has Chief Minister Y. S. Rajasekhara Reddy's son Y. S. Jaganmohan Reddy as its director. The five-member committee formed by the Government to conduct the open auction postponed the exercise to April 26 with the hope that others would participate in it. A. Raghottama Rao, Chief Commissioner, Land Administration, who headed the committee, said participation by others would ensure a better price. He said the committee had fixed Rs. 50,000 as upset price for the auction. Members of the committee were S. Bhale Rao, Special Commissioner, Land Administration, B.
Homemakers to host auction
A queen-sized quilt will be auctioned off during the Washington County Homemakers specialty auction scheduled for 12:30 p.m. Friday, May 4, at Elks Lodge 378, Robinwood Drive, Hagerstown. The event will begin with a silent auction followed by a live auction with Ron Hamner. The queen-size quilt will be raffled at the end of the auction at about 3 p.m. Raffle tickets cost $2 each or three for $5. Items include furniture, tools, housewares, gift certificates and specialty baskets. For tickets, call Nancy Itnyre at 301-432-8039. Proceeds will benefit the Homemakers' scholarship fund. .
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