Johnny &amp; June Cash Auction Brings In Nearly $4 Million
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In New York, the auction of Johnny and June Cash&#39;s belongings brought more than twice the pre-sale estimate, bringing in nearly $4 million.
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Top bidders put up a total of more than $2.4 billion on Thursday in the opening round of the Federal Communications Commission's auction of coveted U.S. government-owned airwaves.
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An auction organised by U2's Bono and artist Damien Hirst raises $42.5m (Â£21.6m) towards the fight against Aids.
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Bids topped $10,000 Thursday on an Internet auction site for what an animal rights group says are notes from football star Michael Vick's speech apologizing for a dogfighting scandal.
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Since its 700-MHz auction began on Jan. 24, the FCC has raised more than $18.8 billion. That well surpasses the agency's own early estimates of attracting between $10-15 billion.
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JPMorgan is said to be arranging an auction.
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Impressionist art still brings out the  big spenders, but a successful auction at Christie's on  Wednesday pulled in $92.5 million and showed that contemporary  art sales are where the action.
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A bid on the largest portion of public wireless airwaves, now being auctioned by the federal government, reached $4.7 billion on Thursday, triggering a provision to allow any device or software to work on that spectrum.
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The leading auction site gives a dime tomorrow.
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Harrah's Entertainment Inc., the world's largest casino operator, received a $15.1 billion takeover offer from two private equity firms in what would be the fourth-largest leveraged buyout ever.
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Spending by contestants and  supporters in the U.S. elections this year will be nearly $4  billion, the highest ever, a study released on Thursday said.
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A collector's treasure trove of more than 6 million songs -- on vinyl and CDs, in genres from rock and jazz to country and Broadway -- goes up for auction. Bidding starts at $3 million.
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RealNetworks has kicked off what it claims is the biggest online music sale in history. For a limited time, every song in the firm&#39;s RealPlayer Music Store can be downloaded for 49 cents, with most albums available for $4.99.
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A nationwide block of&#160;spectrum in the 700MHz band being auctioned&#160;by the U.S. Federal Communications Commission received a high bid exceeding the &quot;reserve,&quot; or minimum, price of $4.6 billion on Thursday morning.A block of eight licenses covering the 22MHz C block of spectrum being sold by the FCC received a high bid of $4.7 billion in the 17th round of the 700MHz auctions, completed early Thursday. The C block is the portion of the 700MHz band on which the FCC will require open-access rules, meaning the winning bidder must allow outside devices such as mobile handsets from other carriers and must allow users to run outside applications on the network.Some critics have complained that the&#160;open-access rules&#160;would suppress bidding on the C block, but&#160;Google has pledged to bid&#160;at least $4.6 billion on the C block. Bidding is anonymous during the 700MHz auctions, so it&#39;s impossible to tell which company has the high bid.Through the 17th bidding round, high bids on the entire 62MHz of spectrum being auctioned totalled nearly $12.8 billion. The FCC and U.S. Congress had budgeted the auctions to raise at least $10 billion, but many observers had expected the auctions would raise much more than that.One block of spectrum unlikely to reach the FCC&#39;s reserve price is the D block, a 10MHz band of spectrum that would be paired with another 10MHz assigned to public safety agencies. The FCC required that the winning bidder build a nationwide voice and data network to be shared between commercial users and public safety agencies such as police and fire departments.After 17 auction rounds, the high bid for the D block stood at $472 million, far short of the $1.33 billion reserve price set by the FCC. That bid happened in the auction&#39;s first round on Jan. 24, and there&#39;s been no higher bids since then. If the reserve price is not met, the FCC would have to re-auction the D block.Many members of the U.S. Congress pushed for a public safety network, after emergency responders couldn&#39;t communicate with each other during the 9/11 terrorists attacks and more recent disasters. Police and fire departments in neighboring cities often use different devices on different blocks of spectrum.Critics have pointed to an FCC rule for the D block saying the winning bidder would have to give up millions of dollars in a deposit if it couldn&#39;t come to an agreement on network design with the Public Safety Spectrum Trust (PSST), which controls the public safety spectrum. Scott Cleland, founder of telecom analyst firm The Precursor Group, called that provision &quot;onerous.&quot;&quot;That is not a negotiation,&quot; said Cleland, speaking at a 700MHz forum Wednesday. &quot;Auctions are free markets, and people don&#39;t have to show up.&quot;The FCC may have to re-auction the spectrum without the reserve price and perhaps without public safety obligations, said Michael Calabrese, director of the Spectrum Policy Program at think tank the New America Foundation. The PSST could use its block of spectrum to negotiate service with the auction winner if no build-out rules are in place, he said.A PSST spokesman wasn&#39;t immediately available for comment on the bidding.
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Gabe: Just a reminder that the last day to purchase tickets for the Child"s Play charity dinner and auction is Thursday. New items for the auction are coming in every day. I wanted to let you all know that we"ll have items in all different price ranges. I know last year we talked about items going for ten and twenty thousand dollars. Trust me when I tell you that you can come with significantly less than that and walk out with something cool. Even if you don"t want to bid on anything it"s a really fun event to watch. Either way, Thursday is the last day to get your tickets.
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Ritchie Bros. Auctioneers held its largest sale to date in company history last week in Moerdijk, (Rotterdam), the Netherlands, earning over 51million (approx. US$68 million) in gross auction sales.
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Some of the finest Russian wines ever on sale could fetch up to Â£4,000 a bottle, according to auction house Sotheby's.