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January 27, 2000 | by Ted Taylor, For the Daily News
As the computer marketplace becomes a larger part of the hobby, about the last thing collectors needed to hear was a recent declaration in the January eBay magazine acknowledging that there are authenticity problems on eBay's Internet auction site. According to the lead story in the magazine, eBay has some 10,000 autographs available at any given time and admits that it has become a prime target for those who deal in forged memorabilia. What makes a computer site so desirable, obviously, is the fact that it is a new industry, a new way to sell collectibles, and lots of online buyers are considerably less sophisticated than longtime hobbyists.
NEWS
September 7, 2012
EARLIER THIS month, San Francisco's Toronado bar celebrated its 25th anniversary with T25 , a commemorative beer brewed by California's Russian River Brewing. The supply of about 100 cases of the strong, sour, barrel-aged ale, priced at $25 a bottle, sold out in three days. Like many one-offs, it was here today, gone tomorrow . . . And then resold the following day on eBay. One bottle has already been auctioned for $159, and more are sure to follow. It's a common practice that has several small brewers up in arms.
BUSINESS
January 26, 2002 | By Wendy Tanaka INQUIRER STAFF WRITER
Billions of dollars in life savings were lost in the Enron Corp. debacle - but some enterprising souls are recouping at least a little of their money. Nearly 2,000 souvenirs bearing the Enron logo, many coming from former company employees, are being auctioned on the popular eBay Web site. The objects have gained worldwide interest, and some have sold for more than $200 apiece. One current Enron employee, who sold a company paperweight on eBay, estimated a huge personal loss from the former energy-trading giant's spectacular collapse last fall.
LIVING
February 17, 2006 | By Claire Whitcomb FOR THE INQUIRER
As eBay has grown from a virtual flea market to a market force, it's also grown up. Now, it's possible to click and find sophisticated home-decorating resources - everything from Ralph Lauren wallpaper to McCoy pottery. Type in "damask upholstery fabric," for example, and on a typical day you'll find 90 listings for items such as five yards of a Brunschwig & Fils blue-and-gold silk stripe (retail $100 a yard). The eBay cost: a lot less. Providing, of course, that you resist the adrenaline rush of online bidding and don't overpay.
NEWS
December 15, 2002 | By Donald D. Groff FOR THE INQUIRER
Add Amtrak tickets to the long list of travel-related goods and services you can bid for on eBay. The railroad announced early this month that it would make a limited number of tickets available on the online auction site as part of a three-month trial. Adult coach-class round-trip and one-way tickets are being offered between a variety of cities. Each posting notes the train route, dates available (usually a range), links to schedules, and the latest bid. Payment is by credit card.
BUSINESS
May 12, 2015 | By Diane Mastrull, Inquirer Columnist
Her arms draped in Hermes Birkin handbags that retail for $13,000 each, a laughing Linda Lightman had to confess: She doesn't own a single one herself. "But they're coveted by many," she added with considerable appreciation. Such longing will translate into $25 million in sales this year for Linda's Stuff, the online luxury-consignment business Lightman started 15 years ago. At eBay, where a projected $83 billion in gross merchandise value was transacted last year, Linda's Stuff is considered a superstar.
BUSINESS
May 31, 2013 | By Jeff Gelles, Inquirer Columnist
The way Patrick Rodgers sees it, he has two primary locations for his business, which includes promoting Gothic and neo-medieval music, and selling collectible trading cards for a fantasy game called Magic: The Gathering. One is on Fourth Street in Queen Village, where he has a landlord, a lease, and basic due-process rights for his Digital Ferret shop - including that his landlord can't just board up the store or summarily evict him. The other is online at eBay, where he owns a store called the MTG Place - and where, Rodgers complains, the Internet-marketplace giant maintains an almost neo-medieval level of control.
NEWS
October 3, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
A former eBay executive was sentenced Wednesday to 15 months in federal prison for insider trading tied to the Internet auction site's 2011 acquisition of a King of Prussia-based e-commerce firm. Christopher Saridakis, 45, of Wilmington, pleaded guilty in May, admitting he tipped off friends and relatives to a pending $2.4 billion deal between San Jose, Calif.-based eBay and GSI Commerce, where he worked as a marketing director. Saridakis was named a senior vice president at eBay after GSI's purchase.
NEWS
July 19, 2010 | By Bonnie L. Cook, Inquirer Staff Writer
The Vale-Rio Diner, the Phoenixville landmark where regulars came for coffee, pie, and conversation for 60 years, has been put up for auction on eBay. The "Val," as it was known, was posted online July 12 at an asking price of $250,000, co-owner Francis J. Puleo said Sunday. Puleo said he and his brother Richard J. Puleo wrestled with what to do with the diner before reluctantly agreeing to the move last week. "It was a very emotional decision," said Francis Puleo, who reported that he had already received a few nibbles from potential buyers.
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BUSINESS
May 12, 2015 | By Diane Mastrull, Inquirer Columnist
Her arms draped in Hermes Birkin handbags that retail for $13,000 each, a laughing Linda Lightman had to confess: She doesn't own a single one herself. "But they're coveted by many," she added with considerable appreciation. Such longing will translate into $25 million in sales this year for Linda's Stuff, the online luxury-consignment business Lightman started 15 years ago. At eBay, where a projected $83 billion in gross merchandise value was transacted last year, Linda's Stuff is considered a superstar.
NEWS
October 3, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
A former eBay executive was sentenced Wednesday to 15 months in federal prison for insider trading tied to the Internet auction site's 2011 acquisition of a King of Prussia-based e-commerce firm. Christopher Saridakis, 45, of Wilmington, pleaded guilty in May, admitting he tipped off friends and relatives to a pending $2.4 billion deal between San Jose, Calif.-based eBay and GSI Commerce, where he worked as a marketing director. Saridakis was named a senior vice president at eBay after GSI's purchase.
NEWS
October 3, 2014 | BY JULIE SHAW, Daily News Staff Writer shawj@phillynews.com, 215-854-2592
A FEDERAL JUDGE struggled yesterday with what sentence to give Christopher Saridakis - a former eBay and Gannett executive - who pleaded guilty to insider trading. On the one hand, Saridakis, 46, "a bright guy who's hugely successful in business," is - aside from his one conviction - a law-abiding citizen, U.S. District Judge Stewart Dalzell noted. On the other hand, the judge said he had to hand down a sentence that would deter others from insider trading and he had to avoid sentencing disparities.
SPORTS
September 17, 2014 | BY MARK PERNER, Daily News Staff Writer pernerm@phillynews.com
REMEMBER THE big hubbub last week over LeSean McCoy leaving a 20-cent tip at an eatery in Northern Liberties? The receipt for $61.76 showing the tip and McCoy's autograph is up for bid on eBay. As of 7:52 last night, there were 143 bids, with the highest one for the bad-service/bad-party tab hitting $100,000. Apparently, someone has nothing better to do with 100 grand. For that kind of cash, one can pay the median annual salary of a Philadelphia area college admissions director (salary.com)
BUSINESS
September 9, 2014 | By Erin E. Arvedlund, Inquirer Columnist
If you're thinking of gambling on the coming Alibaba Group IPO, hear out this tech bull and growth-company fan. He's not buying. The Chinese version of eBay, Alibaba promises explosive growth and has filed to raise between $21 billion and $25 billion in its initial public offering. Paul Meeks, director of institutional investing at Saturna Capital and portfolio manager of the Sextant Growth Fund (symbol:SSGFX), isn't comfortable with the online retailer's accounting, or the fact that the China tech darling has several times rewritten its offering documents.
SPORTS
August 22, 2014 | BY TOM MAHON, Daily News Staff Writer mahont@phillynews.com
YOU GOTTA love Mo'ne Davis. Told yesterday that a baseball she had signed was going for $500 on eBay, the Taney Little League star said, "Really? I've gotta get that. " Davis was kidding, of course. But not everyone thought the idea of selling signed Little League memorabilia was a laughing matter. "I think it's ridiculous. That's absurd," said Steve Keener, CEO of Little League Inc. "[But] I don't know how you would ever control it. "We supervise the teams while they're here, but we're not with them every minute.
NEWS
May 25, 2014 | By John Timpane, Inquirer Staff Writer
Can any password ever be strong enough? About 233 million people - somewhere between the populations of Brazil and Indonesia - may well be asking that question right now. That's the number who have accounts on eBay, the world-beating DIY auction site. Their question tells much about this fascinating moment in the history of e-commerce. This week, it emerged that hackers had compromised a big cache of eBay accounts. eBay said no financial information had been compromised - but it strongly suggested everybody change his or her passwords anyway.
NEWS
May 11, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
A former eBay executive faces up to 20 years in prison and $5 million in fines after pleading guilty Friday to insider-trading violations tied to the auction website's 2011 acquisition of a King of Prussia-based e-commerce firm. Christopher Saridakis, 45, of Greenville, Del., then head of marketing solutions at GSI Commerce, tipped off two friends and two relatives to the pending $2.4 billion deal and urged them to buy stock in advance of the sale. When the acquisition was announced in June 2011, GSI's stock price jumped more than 50 percent, leading to more than $300,000 in illegal profits for the traders.
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