eBay Fined $61 Million By French Court

A Paris court has ordered eBay to pay $61 million (38.6 million euros) to luxury goods designer LVMH for allowing counterfeit merchandise to be sold on the auction site.The decision comes about a month after a French court ordered eBay to pay $30,000 to luxury goods maker Hermes for its role in the sale of fake handbags.

Time Inc. Setting Up Netflix-Like Magazine Site

Magazine subscriptions are strong commitments of a sort; after forking over a few bucks, you're locked into receiving a single publication for a year (or more) or your life.  Time Inc. aims to loosen things up by launching a Netflix-style site for magazines called Maghound.

The Transaction of a “Lifetime”

eCommerce has come a long way over the years. You can buy or sell just about anything online. You can buy DVDs, cars, digital music, real estate, and brides. You can sell televisions, cosmetics, hand-made crafts, and even your skin as ad-space. You can apparently even sell your entire life - in a manner of speaking anyway.A 44-year-old man by the name of Ian Usher…

Some Guy By the Name of Bill Gates Retires

William Henry Gates III (to some known as Bill) has retired from Microsoft as you probably well know by now. Gates who will remain chairman, has left a huge mark on the technology world and the world in general, and has inspired many, many others to dream of just accomplishing a small fraction of what he has.