It’s been the summer of basketball. From Lebron James’ move to Miami to news on the Nets’ future home in Brooklyn. Now Nike has partnered with players from all over the world to bring them to the first World Basketball Festival (August 12-15) held in New York City. They’re also bringing in some entertainment. Jay-Z will perform and has also designed five pairs of Nike sneakers (which each represent a team/country playing in the World Basketball Championships). He naturally gets to keep of each style, but he's donating the only other ones in existence to his charity, the Shawn Carter Scholarship Foundation, which offers financial assistance to kids who want to go to college but can’t afford it. Those five pairs will be auctioned off, starting today on eBay, with all the proceeds going to the SCSF. read more

Since the devastating earthquake in Haiti just over two weeks ago, eBay-related charity auctions have raised over $1m for organizations supporting the relief effort. Even Hollywood hasn gotten into the act, with celebrities including Ben Stiller, Conan O'Brien, Scarlett Johansson, Zoe Saldana, Ashley Judd, Stephen Colbert and many more auctioning personalized products and experiences with sales to behefit Haiti. This week, our Pop Culture Expert is following these auctions along with other headine-making stories. read more

Adam "DJ AM" Goldstein was not only one of the entertainment industry's premier DJs, but he was also among the world's leading "sneaker-heads." This week marks the launch of the DJ AM Memorial Fund Limited Edition Charity Sneaker Auction on eBay, which includes over 800 pairs of shoes, with new styles posted every day. I spoke with industry fixture Kevin "DJ Kev E Kev" Wolff, Goldstein's best friend—and a sneaker fan himself—for some added insight into the charity auction and the sneakers we should be bidding on. read more