Not got a way with words?
PayPal has made available a number of working poets to write custom poems for your love, just in time for Valentine's Day. [more inside]
"I had a rare Twitter username, @N. Yep, just one letter. I’ve been offered as much as $50,000 for it. People have tried to steal it. Password reset instructions are a regular sight in my email inbox. As of today, I no longer control @N. I was extorted into giving it up."
—Naoki Heroshima explains how his accounts were hacked in order to force him to give up his single-letter Twitter handle
. [more inside]
PayPal locked down the developer’s account, and said it could only have 50% of the funds. The rest would be released as development continued, based on PayPal’s assessment of the situation. PayPal was, essentially, going to become a producer going forward. Crowdfunding's Secret Enemy is PayPal
Paypal is coming down hard
on online erotica retailers. The service has sent demands
to such ebook self-publishing sites as Smashwords, AllRomanceEbooks and Bookstrand, demanding that they remove all titles containing bestiality, rape-for-titillation, and incest- including the popular 'pseudo-incest' category of stepparent or stepsibling sex. [more inside]
After Regretsy's previous run-in with Paypal during a bout of fund-raising (previously
), a reader contacts them with the tale of the $2,500 'fake' violin.
i have let paypal go. old-fashioned wheezy paranoid beast. and i can’t find a simple enough new solution. so, all music is pay-it-forward
. [more inside]
It's more of a "how are you paying
?" than "what are you doing
?" kind of business. Square Inc. is a new startup cofounded by Jack Dorsey
of Twitter and Jim McKelvey
which will allow businesses and individuals to take credit card payments from customers anywhere. Receipts and confirmations are paperless and get sent to buyers via text message or email. While the media believes it is set to shake up the credit card processing industry
, it has also committed to donate a penny on every transaction a merchant takes to a cause of their choice. Square is starting business with $10 million in venture capital funding
and is of course tweeting
the process; you can see it in action here
or try it at Sightglass Coffee
in San Francisco.
The Seasteading Institute
) is the brain-child of former Google engineer Patri Friedman
, and seeks to set up independent governments in international waters. In April 2009, the institute received $500,000 of seed funding from PayPal founder Peter Thiel
. After reading it's revised manifesto
, Brad Reed (of Sadly, No
) remains unimpressed. [more inside]
SpaceX's fourth flight was successful. Scaled Composites'
X-Prize winning SpaceShipOne made the first privately funded hop into space. SpaceX
just took the next big step and inserted a dummy payload into orbit
. Next, they will launch the much larger Falcon 9
and later test out the human-carrying Dragon
. CEO Elon Musk
also enjoys dabbling in banking
and exotic electric cars
is officially unveiled today; the latest service to join the Google arsenal
in their race to control the entire www. It has been suggested in the news
that the Google payment service was also a big factor in the recent Yahoo and eBay partnership, since eBay's Paypal service might finally have some real competition. More info on the service here
Remember when PayPal was just for beaming money from one Palm to another?
NYTimes covers Y Combinator
, and points out one of their projects, TextPayMe.com
, which is trying to repeat PayPal's feat but on your cell phone with text messages. For those interested: Wired
coverage from last week.
, which has been running on fumes since Thursday because they're hosted in New Orleans
, added a Paypal donation link for Katrina relief to their barebones status update site yesterday, raising more than $3,000 an hour
. Paypal then froze the account
for "suspicious activity," preventing over $30,000 in donations
from reaching the Red Cross
Google Wallet to compete against Paypal.
So, Google has my email, my search history and soon, my bank information. I'm ok with this, I guess, because I gave it to them
opened for business last week, with every intent of taking on PayPal for the title of online payment portal du jour
. But even before the service officially launched, there was already a growing number of people hotly debating
the validity of the enterprise. Will this be the next big thing, or just another lollipop party waiting for the suckers to show up?
An online psycho
(or entrepreneurial genius?) says he's holding a bunny, named Toby, hostage unless charitable animal lovers donate $50,000 to his paypal account. Otherwise, he'll butcher it. So far, he's got $14,000.
Not porn, just gay
PayPal suddenly delists queer sites: “
e raised objections to PalPal’s action, saying his organization’s aim is to educate the public on ways to avoid AIDS. He said PayPal never responded to his concerns.... PayPal sent
a reply saying the company would consider reinstating his account if he submits a statement promising to ‘remove the book covers wherein individuals are touching each other’ ”
At the risk of linking to another Something Awful thread and incurring their wrath, I think it's important to point this out, especially here. In the matter of a few short days, the users over there emptied their paypal accounts to help someone in need.
They raised $12,000 in four days.
Buy your porn now!
In a little over two weeks, you will no longer be able to purchase anything in Ebay's mature categories, or many other forms of online adult amusement
, using PayPal. New rules
being implemented and enforced by PayPal follow [with a bit of coercion, some claim
] new rules laid down by Visa
late last year making it significantly more difficult to sell porn online if you want to accept Visa cards. While it's unclear why exactly
PayPal and Ebay are doing this, PayPal and Visa's corner on the online payment market is going to lead to some
sort of change in the business of online porn
. [all links except "exactly" SFW]
PayPal charged with breaking Patriot Act.
Anybody care to explain what does terrorism have to do with glambing?
(No, it is not a rescued April fool's joke
Has PayPal's acceptable use policy
become much broader recently? I just received notice of changes to PayPal's acceptable use policy. I was surprised at the number of things that they have restrictions on. One in particular seemed like the kiss of death: No porn for you
unless it's from eBay's Mature section. Won't somebody think of the cam girls? With many banks now offering some sort of internet check-writing facility is PayPal really even a valid business model anymore outside of eBay?
Yes to sex, no to dissent?
The Register reports that PayPal has suddenly closed the account of the stridently skeptical (some say overly conspiratorial, but let's leave that tired debate aside) WhatReallyHappened.com
. Here's WRH's response
, along with reader comments and anti-PayPal links. Here's a translated Quebec story
. "Can one conclude from it that PayPal has leaning for the sex?"
Say, if PayPal doesn't deliver its stock, will they get negative feedback? (See also The Reg
Ask and you shall receive.
Move over, Amazon Honor System! Now you can sign up for a one-click service that lets visitors to your Web site donate something you'll really
appreciate: oral sex. Best of all, they don't keep a percentage of your donations like Amazon and PayPal do.
serves to caution potential customers and those using PayPal for auctions or business of PayPal's faults. From their dicey terms of service to their unhelpful/unavailable tech support, to story after story
of PayPal's wrongdoing, to a whole list of links to other people having PayPal problems
c2it to be free; PayPal raising fees.
Will this spell the end of PayPal? Free c2it from Citibank can be used the same way the "old" PayPal could (for friends and roommates to settle up bills) as well cutting deeply into PayPal's core on-line auction settlement business (well over half its revenue), already under attack by eBay's Billpoint.
Is Paypal making money?
I read this on thier main Red Cross Page: PayPal will donate 100% of the proceeds to the National Disaster Relief Fund of the American Red Cross.
All donations are tax deductible. Include your address (for a tax receipt) in the "Shipping Address" field when making your donation.
PayPal will realize no profits from money donated to this fund.
Yet, I play Utopia
and they have a donation account setup through paypal which states this: All funds raised through this campaign -- minus a commission of $0.30+2.9% which PayPal takes on all payments -- will be forwarded directly to the Red Cross.
So does Paypal give 100% of donations directly donated to its page, and take a commission on accounts set up through secondary pages such as Amazon
? If so, with almost $6 Million dollars, that is almost $2 Million dollars!!! (if I did my math right, please correct me if I am wrong.)
Other not-so-free-anymore things
Apropos of the NetZero not-so-zero-anymore change, PayPal has essentially made its system unusable for the purpose that first sucked us in -- a fast, convenient way for friends to share rent, settle up bills for dinners and weekend getaways (more inside).
X.com ceases banking operations.
Of course, all real gamers know that this is just a cover story for the real
mission of XCOM -- fighting the exterrestrial invasion
which has been going on in secret for the last fifteen years.
Yahoo now has a PayPal-style service.
What is Yahoo not
doing these days? And how does this relate to them being a media company? They've got the directory
, bill payment
, and a music player
, among their many offerings. It seems like they've copied many major internet applications and put them in one place. Are they the "Microsoft" of the web in terms of innovation?