EBay partners with Sotheby’s on live auctions
San Jose, Calif. – EBay and Sotheby’s are developing an online platform designed to make it easier for consumers to discover, browse and acquire exceptional works of art, antiques and collectibles. EBay and Sotheby’s will start by offering a number of live auctions that are taking place at Sotheby’s headquarters in New York.
To accomplish this, eBay in the near future will be launching a newly-designed experience on its site, tailored for collectors of rare, unique and premium art and collectibles, as well as first-time buyers. Sotheby’s will be the preeminent anchor tenant in the revamped marketplace, which will include a new live auction feature and real-time bidding from anywhere around the world.
Sotheby’s brings expertise, artwork and collectibles, and auction experience to the partnership, while eBay’s technology platform, integrated payment solutions and 145 million active buyers. The Sotheby’s auctions will present 18 collecting categories. Going forward, the partnership will explore themed and time-based sales, as well as live auctions from Sotheby’s other global salesrooms. Evening sales will not be included.
Both companies will focus on growing the market at price points where they expect their collectors to converge in the future, particularly in the segments such as jewelry, watches, prints, wine, photographs and 20th century design.
Home Depot starts selling 3-D printers
Atlanta – The Home Depot is collaborating with 3-D printer manufacturer MakerBot to start selling MakerBot Replicator desktop 3-D printers online and in 12 Home Depot stores in California, Illinois and New York, beginning July 14. This is the first time Home Depot has offered 3-D printers for sale in its stores and will be a pilot program for MakerBot and Home Depot.
MakerBot 3-D printing and scanning products will be showcased inside Home Depot stores in specially designed kiosks that will encourage hands-on interaction. Trained MakerBot retail staff will provide continual 3-D printing demonstrations and offer 3-D printed keepsakes for interested customers to take home with them, as well as help with purchase decisions.
3M names new chief innovation officer
Dr. Ashish K. Khandpur is 3M’s new SVP of research and development and chief technology officer, a role that carries high innovation expectations at a company with a reputation for game-changing product development.
Khandpur fills a position previously held by Dr. Frederick Palensky who retired after a 37 year career with the company. Khandpur joined 3M in 1995 in the company’s adhesive technology center in St. Paul, Minn. He earned multiple promotions within 3M’s central research laboratories before moving to the company’s office supplies division laboratory. In 2006, the native of India relocated to 3M India to establish and lead the company’s first local laboratory. He subsequently served as technical director for 3Ms industrial and transportation business in Asia Pacific, and in 2012, he was appointed vp of research and development for the worldwide industrial and transportation business. Khandpur’s most recent leadership role was vp and general manager for 3M’s personal safety division.
“Ashish is a highly accomplished and respected leader with a proven track record of success across multiple 3M businesses and geographic regions," said Inge G. Thulin, 3M’s chairman, president and CEO. “As our chief technology officer, his global experience is a huge asset and I am confident that he will lead our research and development teams to even greater success in the future.”
Khandpur earned a bachelor’s degree in chemical engineering from the Indian Institute of Technology in Delhi, and a Ph.D. in chemical engineering with a specialization in polymers from the University of Minnesota.