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ebay

eBay buyer pays $41,300 for Nintendo game

We are in a recession. Perhaps it's even a depression. But it's really not that bad. You see, someone, somewhere just spent $41,300 on a Nintendo game.

Is Stadium Events a great Nintendo game? I suspect not many people really know. Because not many people have ever played it. Not many copies were ever produced. Just after it was launched, Nintendo ordered a recall.

It could be that there are only around 200 copies floating around the world. It could be that there are only 20.

Which undoubtedly moved someone to pay such a substantial amount of … Read more

eBay loses another suit over Louis Vuitton brand

eBay has lost another lawsuit filed against it by luxury goods maker Louis Vuitton Malletier.

The Paris District Court ruled Thursday that eBay was liable for harming the reputation of LVM's trademarks, company name, and domain name. LVM had sued eBay claiming that the site was using keywords that hurt the Louis Vuitton brand.

The Paris court has ordered eBay to pay damages of 200,000 euros ($273,176) and to cover LVM's legal fees to the tune of 30,000 euros. eBay will also be fined 1,000 euros for each future violation.

"Louis Vuitton welcomes … Read more

Is eBay facing seller revolt?

eBay's latest move, some of the auction site's devotees say, is straight out of the Ministry of Truth's playbook.

The company made an announcement on Tuesday announcement about lowering the listing fees for items--even though, in many cases, final value fees will be raised. The company's discussion forums simmered with outrage over the executive decision, and frustration over the lack of other options for auction-style e-commerce.

"What a joke," commented one person on the eBay Seller Central forum, asking for advice about transferring the items from an eBay "store" to another … Read more

Grooming its image, eBay lowers listing fees

eBay announced Tuesday that it's lowered listing fees for U.S. residents using the auction site to sell products, with new plans geared toward both frequent and infrequent sellers.

A new rate called "eBay Every Day" offers no up-front fee for the sellers of auction-style (rather than flat-rate sale) listings with a starting price of 99 cents or less. Once they've been sold, a fee of 9 percent is appended, with a maximum fee of $50; if the item doesn't sell, no fee is charged to the seller. An individual can do this for up … Read more

PayPal performance drives eBay's 4th quarter

eBay beat Wall Street's expectations, reporting a net income of $585 million, or 44 cents per share, for the fourth quarter, a 9 percent jump over the same quarter a year ago. Revenue for the quarter was $2.4 billion, up 16 percent increase from a year ago. Analysts had expected earnings of 40 cents per share on sales of $2.29 billion. (Statement - PDF)

For the full year, eBay reported net income of $2.1 billion, or $1.58 per share, on sales of $8.7 billion. Analysts had been expecting an eps of $1.54 on … Read more

For eBay sellers, a holiday hamster hangover

With toy store shelves and television commercials chock full of eye-popping video games and fancy tech playthings, it came as a surprise to many that some of the hottest toys this holiday season were inexpensive, relatively low-tech battery-powered hamsters imported from China called Zhu Zhu Pets. The fuzzy toy rodents manufactured by Cepia LLC, which came in models with names like "Num Nums" and "Mr. Squiggles," could barely stay on shelves for most of the end of 2009, and nobody really saw it coming.

For avid eBay sellers, it was the perfect recipe for profits--if they … Read more

Craigslist CEO: They said Whitman 'could be a monster'

The court case between eBay and Craigslist is increasingly beginning to seem as if it was scripted by John Grisham. It's the little guy against the big machine.

Craigslist would like us to dedicate all our sympathy to its cause, as it describes its dealings with the big, bad wolf, aka eBay. Or, as Monday's court session heard, the big, bad she-wolf.

Jim Buckmaster, Craigslist's CEO, told the court that Garrett Price, an eBay executive, had written him an e-mail that waved a large rainbow-colored warning flag, according to a Reuters story.

"He said he needed … Read more

Craigslist vs. eBay: Who's telling the truth?

When rich people sue rich people, it often seems that the only possible winners can be rich people.

Which perhaps doesn't engage the emotions of spectators quite as much as, say, when rich people are caught with their plus fours around their ankles.

Still, the current lawsuit between eBay and Craigslist does offer a small window into our own daily lives. You know, the one through which we decide whether we believe what someone is telling us.

This legal spatula is being flipped in Delaware Chancery Court, its essence revolving around how much of Craigslist eBay really owns. Is … Read more

ComScore: So far, online holiday sales are up

The 2009 holiday season thus far is revealing much stronger online sales figures than what was witnessed in 2008, market-research firm ComScore announced late Wednesday.

According to the company, which has monitored spending for the first 30 days of the November-December shopping season, sales are up 3 percent to $12.26 billion, compared to the same period in 2008. Cyber Monday sales hit $887 million in online spending, tallying a 5 percent gain over the same day last year. That amount also matched "the biggest spending day on record, December 9, 2008."

"We've seen an encouraging … Read more

Buzz Out Loud Podcast 1115: Droid does porn

One thing Droid users can lord over iPhone fanatics is the new porn app. Yes, with no Apple adult minding its app catalog, Android users can go adult. We also debate the reality of Cyber Monday and congratulate Twitter on being word of the year. Plus, we know you're all wishing for Macs for Christmas, but you're going to get a Netbook. Amazon doesn't lie.

Subscribe with iTunes (audio) Subscribe with iTunes (video) Subscribe with RSS (audio) Subscribe with RSS (video) EPISODE 1115

Black Friday boasts $595 million in U.S. online holiday spending, up 11 percent … Read more