auction

(Newser) - Hipsters have known it forever, and buyers are catching on: Andy Warhol is the hottest artist around. The Times reports that his sales, including a projected $35 million for a painting at Christie’s next month, are second only to Picasso's. One expert calls Warhol "the most important international...

(Newser) - Cable networks are boycotting eBay's experiment in auctioning television airtime to ad houses, in a decision that could ground its nascent spin-off site. The networks protest that Online Media Exchange, which eBay claimed would reduce inefficiency, doesn't account for today's complex targeting and multimedia promotional packages.