Consumer Reports Investigates Penny Auctions

Last Updated on Friday, 28 October 2011 03:20 Written by a2e Friday, 28 October 2011 03:20

The discounts offered on online penny-auction sites might be tempting, but Consumer Reports said an investigation of online penny-auction sites revealed that most users end up spending a lot of cash only to end up empty handed.

On sites like Bidcactus, Bid Rivals, HappyBidDay and QuiBids, which sell items such as an $1,800 high-definition television for $73, "actually winning a big-ticket item for pennies on the dollar from one of these sites can take an extraordinary amount of effort and is hardly a given."

Unlike traditional auctions, bidding isn’t free. Consumer Reports explains, you must buy bids up front – typically for 50 cents to $1 each. To get bids, you register a credit or debit card or use PayPal. Bids are sold in packs, with the minimum pack costing around $25 to $60, depending on the site. Unused bids are refundable on some sites though sometimes within only 30 days of when you buy them. One key difference between traditional and penny auctions is that any bids you make are gone, whether or not you win.



http://www.auctionbytes.com/cab/abn/y11/m10/i17/s05
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How to Watch Election Results Tonight Online

Last Updated on Tuesday, 2 November 2010 09:21 Written by External Post Tuesday, 2 November 2010 09:21

After all the voting wraps up this evening, the real fun begins – watching the results come in. Whether you want to sit around and watch an auto-refreshing, interactive map of election results or feel the buzz of a live, television broadcast, the
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VEVO plus Google TV: It’s what MTV used to be

Last Updated on Thursday, 7 October 2010 11:20 Written by External Post Thursday, 7 October 2010 11:20

(Credit: VEVO) Remember the good old days when MTV was all about music videos and shows that were actually about music? Sadly, reality television has put an end to all that, but if you use Google TV, you can now reclaim that experience with a little help
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Google lines up Internet TV partners

Last Updated on Tuesday, 5 October 2010 02:01 Written by External Post Tuesday, 5 October 2010 02:01

Google is entering the increasingly crowded Internet TV market with contributions from a variety of top television programmers and websites. The initial line-up of content partners announced Monday includes Time Warner Inc.’s Turner Broadcasting networks
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Twitter Goes Prime Time With Google TV

Last Updated on Monday, 4 October 2010 11:00 Written by External Post Monday, 4 October 2010 11:00

If you’ve ever sat around in a room of geeks with smartphones watching television, then you know how big a part Twitter can play in that activity. Whether it’s trash talking the Sunday game or gasping about plot twists, Twitter is the virtual watercooler
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Seven Words You Can’t Say On Google Instant

Last Updated on Wednesday, 29 September 2010 10:00 Written by External Post Wednesday, 29 September 2010 10:00

theodp writes “Back in 1972, Georgle Carlin gave us the Seven Words You Can Never Say on Television. Thirty eight years later, Valleywag reports on The Definitive List of Words Google Thinks Are Naughty. You’ve probably noticed how the new Google Instant
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Could Cheap iTunes Rentals Change Television Online?

Last Updated on Thursday, 2 September 2010 01:00 Written by External Post Thursday, 2 September 2010 01:00

Extract not available.
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Report: Google in talks for movie rental service

Last Updated on Monday, 30 August 2010 03:00 Written by External Post Monday, 30 August 2010 03:00

YouTube’s fledgling movie rental program may soon be getting some Hollywood muscle in the crowded fight for domination of digital movie and television content distribution. Google is negotiating with major Hollywood studios to stream movies from their
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