Tim Harford, writing for Financial Times: A well-designed auction forces bidders to reveal the truth about their own estimate of the prize’s value. At the same time, the auction shares that information with the other bidders. And it sets the price accordingly. It is quite a trick. But, in practice, it is a difficult trick to get right. In the 1990s,…
Tag: auction
Stan the T. rex just became the most expensive fossil ever sold
A Tyrannosaurus rex called Stan ended up on the auction block because of a lawsuit. Here’s how it happened. Source: https://www.livescience.com/stan-tyrnanosaurus-rex-dinosaur-auction.html
Someone Bought a T. Rex Skeleton for a Record-Breaking $31.8 Million
The remains of a Tyrannosaurus rex that lived some 67 million years ago have been sold at auction for $31.8 million, a world record for a fossilized dinosaur. From a report: The near-complete T. rex skeleton, named “Stan,” now belongs to an anonymous buyer who secured the milestone bid at the “20th Century Evening Sale” held Tuesday at Christie’s in New…
Microsoft’s Bing Will Have Key Slot on Some New Android Phones
Microsoft’s Bing search app will appear as a download prompt on new Android phones in Germany, the U.K. and France after it won slots in a Google auction for rivals. From a report: Google announced the results of its October-December auction on Tuesday, showing info.com won slots on a choice screen for new Android phones in all 31 countries, PrivacyWall won…
Some Google Search Rivals Lose Footing on Android System
A system Google set up to promote competition on Android has left some smaller search engines having trouble gaining traction, fueling rivals’ complaints about the tech giant’s compliance with a European Union antitrust decision ahead of potential U.S. charges. From a report: Since March, Alphabet-owned Google has been showing people in Europe who set up new mobile devices running the company’s…
Piratebay.Org Sold For $50,000 At Auction, ThePiratebay.com Up Next
Several Pirate Bay-related domains become available again this month after their owner failed to renew the registration. Yesterday, Piratebay.org was sold in a Dropcatch auction for $50,000 and ThePiratebay.com will follow soon. Both domains were previously registered to the official Pirate Bay site. TorrentFreak reports: Over the years the Pirate Bay team had many ‘backup’ domains available, just in case something…
Android 11 Is Taking Away the Camera Picker, Forcing People To Only Use the Built-In Camera
In the name of security and privacy, Google is taking away the ability for users to select third-party camera apps in Android 11, forcing users to rely on the built-in camera app. Android Police reports: At the heart of this change is one of the defining traits of Android: the Intent system. Let’s say you need to take a picture of…
Antique vampire-slaying kit up for auction. Bible, crucifix and pistol included.
An antique wooden box trimmed with brass holds all the tools that you might require in order to slay a vampire. Source: https://www.livescience.com/vampire-slaying-kit-auction.html
‘Vampire-slaying kit’ goes up for auction
A Gothic-looking box full of vampire-slaying paraphernalia is expected to fetch a hefty sum at auction. The fascinating kit, which is housed within an… Source: https://www.unexplained-mysteries.com/news/338084/vampire-slaying-kit-goes-up-for-auction…