Remember Swoopo? It’s the company that popularized the pay-for-bids auction site. At the time it was a great way for tricking suckers users into paying a lot of money for the chance to buy a high-cost item at a lower cost. Turns out three years later the company isn’t doing too well. On Wednesday Swoopo’s more »

eBay will be shutting down its live auction service by the end of 2008. The move is part of eBay’s latest move to try and recreate its own business model. For those who are not familiar with eBay Live Auctions, the service is similar to your traditional auctions but the Live Auctions last until there more »