auction

Verizon came out as the big winner of the FCC's 700MHz broadband spectrum auction, spending somewhere between $8 to $10 billion on a huge swath of the coveted C-Block, previously and ironically dubbed "the Google Block."

The big prize, a slice of spectrum covering the US, has stalled at a bid of $4.29 billion, under the Federal Communication Commission's reserve price of $4.6 billion.

A 4,000-year-old clay tablet thought to have been smuggled illegally from Iraq was removed from eBay just before the close of an online auction.The tablet had a wedge-shaped cuneiform script and had been put up for sale on eBay's Swiss site. It caught the eye of a German archaeologist, who contacted the German police. They passed the information to their Swiss counter parts.Authorities have launched criminal proceedings against the seller, who was identified only as a resident of Zurich.

Tom Peters suggested that for many big companies the words "We're No Worse Than the Other Guy" could be the company motto emblazoned in gold letters over the entrance. He was describing banks but according to a recent survey on customer service the cell phone companies are the lowest on the totem pole.

…If you haven’t heard the news, you need to read this post. The second installment of Jo Han Mok and Matt Bacak’s Internet Millionaire Incubator hits Singapore this Friday.

“German engineering” is often a selling point in and of itself.  And so I have to wonder how many times that phrase came up while eBay was in the process of acquiring ViA-Online GmbH, a German auction management software company.

With a nationwide transition to digital television slowly taking place, Google may be interested in participating in the federal auction of the 700MHz wireless bands.

Former Presidential candidate and Massachusetts senator John Kerry weighed in on the upcoming 700 MHz wireless spectrum auction, asking the Federal Communications Commission not to close off bidding to incumbent telecommunication and cable companies like AT&T, Verizon, and Comcast.