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Going, Going, Gone - Online Auction Sites Catching Fire Worldwide

eBay has long been the leader in online auctions, but the venerable giant is facing rising competition in emerging economies from indigenous companies on a mission.READ»

(RED)   |  Comment

How (RED) CEO Susan Smith Ellis Tapped Damien Hirst to Raise Millions for Africa

Asked at Fast Company's Most Creative People event last week about how she asks others to take risks, (RED) CEO Susan Smith Ellis offered a one-word answer. "Nerve," said Ellis, who was featured as #25 on our Most Creative ...READ»

ART   |  Comment

"Jurassic Park" Creator Michael Crichton's Art Collection Sets Record, Nets $93.3 Million

Yesterday's sale of author Michael Crichton's art collection netted a whopping $93.3 million, setting a new record for a Jasper Johns artwork (as we predicted on Monday). The writer, who died last year and was a longtime friend of ...READ»

eBay Trys to Snag Online Designer Clothes Market With Fashion Vault

Ebay is launching its Fashion Vault service today, officially, after running the system as a trial for several months. The store, as its name suggests, sells clothing at cheap prices, but not just any clothes, as FV offers real ...READ»

You Saw the Exhibition, Now Buy the Art

The Guggenheim is auctioning off the works displayed in its recent exhibition, Contemplating the Void.READ»

DESIGN   |  Comment

Toys for Rich, Hip Grown-Ups

For the last few years, Phillips de Pury, a hoary auction house, has been running an auction series specifically dedicated to cultivating hip, young collectors with lower priced items, in the hopes that they'll blossom into the ...READ»