Energy & Green Tech
Energy companies interested in developing offshore wind sites bid more than $1.5 billion Wednesday in by far the biggest US auction for the renewable power.
Feb 24, 2022
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15
Business
A New York Times columnist on Thursday sold one of his articles in digital form for $563,000, the latest example of the craze surrounding "non fungible tokens," which collectors are snapping up.
Mar 25, 2021
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An unopened copy of a vintage Super Mario Bros. video game has been sold for $114,000 in an auction that underscored the enduring popularity of entertainment created decades ago.
Jul 12, 2020
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8
Business
Earlier this year, digital artist Mike Winkelmann, commonly known as Beeple, made headlines after Christie's auctioned his artwork as an NFT for $69 million.
Jun 24, 2021
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Telecom
Regulators decided the next U.S. 5G airwaves auction will offer frequencies in portions covering millions of people, a plan backed by wireless giants thirsty for spectrum and opposed by cable providers leery of expensive ...
Mar 17, 2021
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Business
Governments might look askance at bitcoin, but it does not mean they do not want to cash in on its soaring value and France is set to pocket nearly $30 million from its first-ever action of the cryptocurrency, a minister ...
Mar 17, 2021
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9
Business
The first SMS ever sent over a mobile phone in 1992 was sold Tuesday as an NFT at auction for 107,000 euros ($120,600), the Aguttes auction house said.
Dec 21, 2021
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Business
An NFT of the first tweet ever posted on Twitter was struggling to attract bidders on Thursday, with the highest offer so far just shy of $10,000—a year after it was bought for $2.9 million.
Apr 14, 2022
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5
Business
Europe has joined the craze for NFTs, virtual art pieces inspired by cryptocurrencies that turn the impermanence of the internet into a prized collector's item to be bought and sold like a Rembrandt.
May 20, 2021
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Business
Bollywood superstar Amitabh Bachchan became the first Indian celebrity to join the global NFT craze by launching an auction of his digital memorabilia on Monday.
Nov 1, 2021
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9
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price.
This text uses material from Wikipedia, licensed under CC BY-SA
