| Fundamental E-Commerce Patent with Early Priority Date to Be Sold ...
CHICAGO--(BUSINESS WIRE)--Ocean Tomo Auctions today announced it has been engaged to sell a fundamental business method patent related to internet shopping and electronic commerce. The patent will be offered for sale at Ocean Tomo's first private auction to be held on Thursday, May 10, 2007, at Ocean Tomo's global headquarters in Chicago, Illinois. U.S. Patent Number 5,895,454 ("the '454 Patent"), entitled "Integrated Interface for Vendor/Product Oriented Websites," discloses a method of allowing users to interact with vendors and their product or service offerings by querying a database to view, order and pay for products or services using the Internet. The patent has been forward-cited more than 80 times by 38 companies' patents, including such leading companies as Amazon.com, Accenture, CNET Networks, Microsoft and Yahoo!.
Torana XU-1 will Test Auction Values
Enthusiasts around Australia are eagerly awaiting Shannons Sydney autumn auction on Monday May 7 to see whether Holdens iconic Torana XU-1 has caught the current Muscle Car collectors fever. While values of Bathurst HO Falcons, GTS 327 Monaros and Charger R/T E38 models have recently been soaring, the XU-1 has been the relative sleeper of the highly modified local cars that were built by Holden, Ford and Chrysler to battle at Bathurst in the late 1960s and early 1970s. Now, many believe the Toranas star is about to rise. Based on the sporty GTR model in the updated LJ Torana range, the GTR XU-1 was built as a Bathurst homologation special. Off the production line its 202-cid six cylinder engine produced 190HP (140kW) at 5600 rpm thanks to triple Stromberg carburetors, a revised camshaft and a lightened flywheel.
Rosebuds wither on the auction block
No one wants to gather rosebuds, it seems. For the second time in five years, the Canadian owners of Sir John William Waterhouse's Gather Ye Rosebuds While Ye May have withdrawn their large and luscious Pre-Raphaelite oil painting from auction. The painting, an oil-on-canvas allegory of the transience of youth and beauty, failed to reach what its vendors regarded as its minimum value at a Sotheby's bidding room in New York yesterday afternoon. Sotheby's catalogue had listed an expected price range of $1.75-million to $2.5-million (U.S.). Rosebuds created a sensation in 2001 when the couple took their painting of barefoot young women plucking flowers in a verdant bower to Toronto art dealer Odon Wagner, who authenticated it as a genuine Waterhouse. Just the year before, in 2000, Waterhouse had commanded the highest price for any Pre-Raphaelite painter -- $11.6-million, including buyer's premium, at a Christie's auction in London, for his painting St.
No applications for sixth Yukos asset auction - fund -1
MOSCOW, April 19 (RIA Novosti) - No applications have been received by the deadline for a sixth auction for smaller assets of the now bankrupt oil company Yukos [RTS: YUKO], Russia's federal property fund said Thursday. Yukos, once Russia's largest oil company, was declared bankrupt August 1, 2006, after three years of litigation with tax authorities over the company's tax arrears. The initial price of the lot for the sixth auction scheduled for April 20 was 3.13 million rubles (about $121,240), with a bid increment of 31,000 rubles (about $1,200), the fund said. The first auction held March 27 to sell Yukos' 9.44% stake in state-controlled crude producer Rosneft was won by Rosneft's subsidiary RN-Razvitiye, which offered 197.84 billion rubles for the lot (about $7.6 billion), compared with the lot's initial price of slightly over 195.5 billion rubles (about $7.5 billion).
TV station's 30th auction to be final one
This will be the 30th auction and the last one. DeAnne Hamilton, the station manager, broke the news to staffers Monday, then phoned some of the volunteers. "Donations have been down lately," Hamilton said. "I think part of it is Michigan's economy." .
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