Google fired the first shot by attempting to crash eBay's party.
By Michael Stillman
It was a spat that caught most internet observers off guard, a battle between "do no evil" search giant Google and massive online commerce site eBay. Surprisingly, it was the gentle giant, Google, which instigated this unexpected confrontation. However, it was eBay which responded quickly, like a trapped rattlesnake, striking back at the giant with no hint of fear. The result was Google backed down, attempting to slide off the incident as a joke. It was not, and eBay was not about to give Google a pass.
The incident arose last month in Boston, where 9,000 eBayers, primarily sellers, gathered for "eBay Live," an event the auction site held for its customers. Google attempted to crash eBay's party with its own smaller, "Let Freedom Ring" event. That was meant to be a humorous way of promoting its rival payment service to eBay sellers. No one would dispute Google's right to offer a competing service, but throwing a party designed specifically to feed off of the traffic eBay brought to Boston is pushing the boundaries of proper behavior. eBay was not amused.
eBay may be primarily an auction site, and Google a search engine, but each has a division competing in the lucrative payment-processing field. For eBay, it is market leader PayPal. PayPal, once an independent company built primarily to service payments on eBay, was bought out by that site a few years ago. Today, it brings in tons of money for eBay, reportedly some $1.4 billion in revenue last year. PayPal, of course, no longer serves just eBay, but provides payment processing for many sites, maybe even your own if you sell online. A natural outgrowth of eBay's primary business, it is now a hugely successful business of its own.
eBay is not the only firm which sees payment processing as a logical outgrowth of its core business. Google sends countless customers to many online selling sites. If the customer is sent via an advertisement, they make a few bucks, but if the customer arrives from an internet match, Google gets nothing. At some point, Google looked at that situation and concluded there must be a way to get a piece of the action. Since many of those merchants needed a way to provide secure online payment (which is why so many are using PayPal), Google figured this was a logical way to monetize the free service they were providing. So, along came Google Checkout, the search giant's answer to PayPal.
Now Google would like eBay to accept payments through Google Checkout too, hence the "Let Freedom Ring" moniker. "Freedom," of course, has a nice ring to it, but to eBay, this is like giving the fox freedom to roam the henhouse. Or perhaps it's like giving Target the "freedom" to install a kiosk inside of Wal-Mart. To eBay, this was simply an attempt to secure the freedom to steal their business.
Sotheby’s Bibliotheca Brookeriana: A Renaissance Library. The Aldine Collection D-M 18 October 2024
Sotheby’s, Oct. 18: Herodianus Syrus, Herodiani Historiarum, Venice, Heirs of Aldo & Torresano, 1524, Parisian binding for Jean Grolier by Jean Picard, ca. 1540
Sotheby’s, Oct. 18: Musaeus, Opusculum de Herone et Leandro, Venice, Aldo, 1495 (Greek text), interleaved with 1497–1498 (Latin text), English olive morocco by Charles Lewis, the Botfield copy
Sotheby’s, Oct. 18: Horatius Flaccus, Horatius, Venice, Aldo, 1501, Bolognese brown goatskin (between 1501 and 1503), arms of Mino Rossi and illuminated initials throughout
Sotheby’s, Oct. 18: Lucretius, De rerum natura, Venice, Aldo, 1500, English early eighteenth-century red morocco, the Fletcher copy
Bonhams, now to Oct. 24: CATESBY, MARK. 1683-1749. The Natural History of Carolina, Florida, and the Bahama Islands. $100,000 - $150,000
Bonhams, now to Oct. 24: AUDUBON, JOHN JAMES. 1785-1851. The Birds of America, from Drawings Made in the United States and their Territories. $30,000 - $50,000
Bonhams, now to Oct. 24: ADAMS ON HIS PEAR TREES AND A LOST PORTRAIT BY SALEM ARTIST HANNAH CROWNINSHIELD. ADAMS, JOHN. 1735-1826. $10,000 - $15,000
Bonhams, now to Oct. 24: EARLIEST MAP DEVOTED TO NORTH AMERICA. FORLANI, PAULO. fl.1560-1571. $20,000 - $30,000
Bonhams, now to Oct. 24: HAMILTON DEFENDS THE CONSTITUTION. HAMILTON, ALEXANDER. 1757-1804. $20,000 - $30,000
Bonhams, now to Oct. 24: NO TAXATION WITHOUT REPRESENTATION BROADSIDE. Boston, September 14, 1768. $5,000 - $8,000
Bonhams, now to Oct. 23: ONE OF THE EARLIEST ILLUSTRATIONS OF A SURGICAL PROCEDURE. BARTHOLOMAEUS ANGLICUS. $10,000 - $15,000
Bonhams, now to Oct. 23: RICHARD FEYNMAN'S ANNOTATED COPY, WITH TWO EARLY FEYNMAN AUTOGRAPH MANUSCRIPTS. $15,000 - $25,000
Bonhams, now to Oct. 23: THE FOUNDATIONS OF MODERN COMPUTING. TURING, ALAN MATHISON. 1912-1954. $30,000 - $50,000
Bonhams, now to Oct. 23: FINE OIL PORTRAIT OF ALBERT EINSTEIN BY EUGEN SPIRO. $40,000 - $60,000
Bonhams, now to Oct. 23: PENICILLIN MOLD MEDALLION INSCRIBED BY ALEXANDER FLEMING. FLEMING, ALEXANDER. 1881-1955. $30,000 - $50,000
Bonhams, now to Oct. 23: APPLE "TWIGGY" MACINTOSH PROTOTYPE USED IN THE DEVELOPMENT OF DEMONSTRATION SOFTWARE. $80,000 - $120,000
Freeman’s | Hindman, Oct. 24: A Superb Extra-illustrated Copy of Nicolay and Hay’s Work About Lincoln. $50,000 – 70,000.
Freeman’s | Hindman, Oct. 24: The First Volume of De Bry's Great Voyages, Thomas Hariot's Description of Virginia. $50,000 – 70,000.
Freeman’s | Hindman, Oct. 24: An autographed cabinet card of Custer as lieutenant colonel. From his last sitting. $800 – 1,200.
Freeman’s | Hindman, Oct. 24: The Congressional Committee, Lincoln's Funeral Springfield Illinois, 3 May 1865. $4,000 – 6,000.
Freeman’s | Hindman, Oct. 25: A remarkable ninth plate daguerreotype of an interracial couple. $30,000 – 50,000.
Freeman’s | Hindman, Oct. 25: What may be the earliest known images of an identified plantation and enslaved African Americans posed with their owner. $20,000 – 30,000.
Freeman’s | Hindman, Oct. 25: Through Tickets to All Principal Points West Via Chicago Burlington and Quincy Railroad For Sale at This Office. $500 – 700.
Freeman’s | Hindman, Oct. 25: 15th New York Infantry / Regiment of Engineers GAR regimental colors. Ca 1880. $1,500 – 2,500.
Jeschke Jádi Auction 153 Friday October 25 and Saturday October 26, 2024
Jeschke Jádi, Oct. 25-26: Lot 1556. Senghor, Les Élégies Majeures. Geneve 1978.
Jeschke Jádi, Oct. 25-26: Lot 1572. Lew Tolstoy. Anna Karenina. First Edition, Moscow, 1878.
Jeschke Jádi, Oct. 25-26: Lot 49. Petrarca. Das Gluecksbuch, Augsburg, 1536.
Jeschke Jádi Auction 153 Friday October 25 and Saturday October 26, 2024
Jeschke Jádi, Oct. 25-26: Lot 1060. Immanuel Kant, Critik der reinen Vernunft. First Edition, Riga, 1781.
Jeschke Jádi, Oct. 25-26: Lot 585. Bonaparte, Iconografia della fauna Italica. Rome, 1832f.
Jeschke Jádi, Oct. 25-26: Lot 548. Robert Fludd. Utriusque cosmi maioris, Frankfurt, 1617f.
Jeschke Jádi Auction 153 Friday October 25 and Saturday October 26, 2024
Jeschke Jádi, Oct. 25-26: Lot 1496. Jacob / Picasso. Chronique des Temps, 1956.
Jeschke Jádi, Oct. 25-26: Lot 571. Christian von Wolff. Works, Halle 1741f.
Jeschke Jádi, Oct. 25-26: Lot 969. Karl Friedrich Schinkel, Dekorationen innerer Raeume. Berlin 1874.
Jeschke Jádi Auction 153 Friday October 25 and Saturday October 26, 2024
Jeschke Jádi, Oct. 25-26: Lot 1457. Goethe. Das Tagebuch. Print on Vellum. Berlin, Officina Serpentis. 1934.
