India will launch auctions on Jan. 14 to allot radio bandwidth for third-generation, or 3G, telecommunications services.
The government will hold a separate bandwidth auction for broadband wireless access, a document on the Department of Telecommunications Web site said Saturday.
Even in a recession, lunch with Warren Buffett turns out to be a hot commodity.
The investment guru and CEO of Berkshire Hathaway has an annual ritual of auctioning a steak lunch with himself on eBay to raise money for San Francisco’s Glide Foundation. Last year’s winning auction tally of $2.1 million broke all previous records.
A little over a decade ago, archaeologists experienced a collective nightmare–the emergence of eBay, the Internet auction site that, among other things, lets people sell looted artifacts.
We already know that the famously cute story of eBay’s origin–founder Pierre Omidyar launched the site to help his fiancee trade the PEZ dispensers she collected–was a lie cooked up by a PR operative. We also know that the company’s vaunted “reputation system”–the foundation of what has long been perceived as a radically new kind of self-organizing and self-policing commercial community–has been crumbling.
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