Tuesday, June 07, 2005

Yahoo Auctions is now free !

Posted on the Yahoo! Auctions website: www.auctions.yahoo.com

06/06/05 Changes to Yahoo! Auctions
Yahoo! Auctions has changed its pricing to create a model that is free for all consumers listing items on our Auctions platform. We have eliminated all fees associated with Auctions listings, including listing fees and final value fees.

Many users have been asking for this type of structure, and we are happy to provide it as a way to strengthen our partnership with the seller community and clearly demonstrate our commitment to our sellers' success. The new pricing model will go into effect Monday, June 6, 2005.

This move to free listings was designed with the consumer in mind, as we are continually looking to offer the most relevant and useful products and services to our users. Over the years, we've achieved our objective of improving the quality of the site, making it easier for buyer and sellers to connect. This most recent move will make auctions more cost effective for both large and small sellers who wish to list items on Yahoo!, ultimately improving their margins.
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It appears to us that they are now depending on sponsered listings for revenue. Advertisements can be found at the Top, Bottom and Right of any search results page, which is distracting and pulls potential customers away from auction item and to the advertisements. We will see if this helps bring back sellers.

FedEx Ground Semi Crashes and Burns

See Full Story Here --> http://www.wndu.com/news/062005/news_42705.php

President Bush visits hydrogen fueling station

A TOUGH CELL
President Bush visits hydrogen fueling station

President Bush recently visited the first retail hydrogen and gasoline fueling station in North America — a Shell station in Washington, DC, where USPS’ own hydrogen-powered van fills up. “Hydrogen is the wave of the future,” Bush said. The President is aware of the USPS and General Motors effort on fuel cell technology.

President Bush checks out a USPS hydrogen fuel cell van during his visit to the hydrogen fueling station.

Since Sept. 8, 2004, more than 190,000 mail pieces from the Fort Belvoir, VA, Post Office have been consistently delivered with the USPS/GM fuel cell vehicle. The agreement with General Motors calls for a two-year test of fuel cell technology in a postal environment. Engineering VP Tom Day said, “We are happy with the outstanding reliability of the vehicle in a real-world situation.”

New online application - Weight Averaged Business Reply Mail (WA-BRM)

A high-tech assist for non-letter size business reply mail

It’s now faster to determine — with greater accuracy — postage and fees due for non-letter size business reply mail. A new online application — Weight Averaged Business Reply Mail (WA-BRM) — has been deployed nationwide, replacing a stand-alone version.

WA-BRM was developed by Information Technology and Delivery and Retail. It’s an ACE-based program that allows Post Offices to automate the calculation of postage and fees for non-letter size BRM for authorized customers. Potential WA-BRM customers include film and media processors, inkjet cartridge recyclers and laboratory businesses, as well as any company using BRM for flat-size or other non-letter size mail qualified under DMM 507.8.12.

WA-BRM eliminates scale software license fees and allows employees to serve multiple customers at each work station. And since weight is determined in bulk, it saves work hours for USPS — and the mail is on its way to the customer sooner.

UPS loses data on 3.9 million Citigroup clients

Citigroup Inc., the world's largest financial-services company, said yesterday that computer tapes containing personal data on 3.9 million loan customers have been lost by United Parcel Service.

The missing backup tapes contained Social Security numbers, account numbers and payment histories.

See full story here --> http://www.sun-sentinel.com/business/local/bal-bz.lostdata07jun07,0,5451310.story?coll=sfla-business-front