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Auction of US marshals seized “Batmobile”

The Batmobile was blown up. The US Marshals Service is auctioning a replica of the Caped Crusader car and two other famous movie lookalikes that were among the assets of convicted Medicare fraud Ryan Sheridan. The former owner of a drug and alcohol rehab center in Ohio is currently serving a seven and a half year sentence and owes more …

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Hedge Fund wins auction for bankrupt McClatchy newspaper chain

Chatham Asset Management, a New Jersey-based hedge fund, was the successful bidder for a judicial auction on the bankrupt McClatchy newspaper chain. McClatchy, which owns major local newspapers, including the Miami Herald the Charlotte Observer, said in a statement on Sunday that Chatham Asset had won the auction to buy the company. “We are delighted that Chatham and the supporting, …

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Sealed copy of ‘Super Mario Bros.’ Sold for $ 114,000 at auction

A sealed copy of the Super Mario Bros. became the best-selling video game ever auctioned on Friday with a profit of $ 114,000. The 1985 cartridge, still in its original plastic seal, was sold to an anonymous bidder at the Heritage Auctions event. The $ 114,000 bid surpassed the previous $ 100,000 auction record for a single video game. This …

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Chinese missile sells for $ 5.6 million in a livestream auction: report

An anonymous user bought a real rocket for $ 5.6 million during a livestream online auction on April Fool’s Day. On April 1, a Kuaizhou-1A (or KZ-1A) rocket developed by ExPace, a commercial subsidiary of the defense company China Aerospace Science and Industry Corporation (CASIC), was auctioned online. ExPace’s Cao Meng announced the item at a livestream auction held by …

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Chinese missile sells for $ 5.6 million in a livestream auction: report

An anonymous user bought a real rocket for $ 5.6 million during a livestream online auction on April Fool’s Day. A Kuaizhou-1A (or KZ-1A) missile developed by ExPace, a commercial subsidiary of the defense company China Aerospace Science and Industry Corporation (CASIC), was auctioned online on Wednesday (April 1). ExPace’s Cao Meng announced the item at a livestream auction held …

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FCC chairman wants public auction to convert satellite bands for 5G

An FCC official told the Wall Street Journal that the regulator hopes to put the C-band Auction in 2020 to a vote and launch the auction by the end of the year. Satellite companies, however, may not be happy. Industry giants like Intelsat and SES were not averse to selling their spectrum, but they wanted a private auction to share …

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