We are the first to go to high school, attend college and get our first jobs while broadcasting our lives on the Web.

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Although it now conducts online auctions, its more striking innovation was broadcasting live events on the web and allowing off-site participants to make bids in real-time.

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The convergence of broadcasting and the internet means TV companies now compete with newspapers, video companies and others on the web, in a fierce battle for audiences and advertising.

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