Pin Itemailprint Yahoo named Scott Thompson, the former President of PayPal, its new CEO early this morning. The official change will be effective as of January 9. Thompson enters the fold after former CEO Carol Bartz was fired in September. Since that time, CFO Tim Morse has been acting as interim CEO. Bartz was reportedly [...]
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I’ve heard of people having their fair share of issues with PayPal and I always thought the company was just getting a bad rap – until now. Take a look at this letter that was just posted over at Regretsy. It seems one heartbroken seller had to witness his antique violin’s destruction just to the [...]
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More than half of all employees in the U.S. plan to do at least some of their holiday shopping while on the job on Cyber Monday, which is expected to smash sales records this year. Most workers with internet access plan to take a break from their daily tasks to get some online shopping in [...]
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Ilya Zhitomirskiy, one of four co-founders of the Diaspora social network, died over the weekend in San Francisco at the age of 22. Zhitomirskiy committed suicide, according to media reports. A San Francisco Police Department officer confirmed yesterday that a police report about Zhitomirskiy’s death says officers responded at around 8:10 p.m. PDT Saturday night. [...]
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WikiLeaks founder Julian Assange said yesterday that the whistle-blower website would soon cease to exist unless it can successfully put a halt to a financial “blockade” by U.S. companies like Visa, MasterCard, and Paypal. For now, WikiLeaks, which has released thousands of confidential U.S. cables, will suspend its day-to-day publishing operations and focus on fundraising, [...]
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Tesla Motors opened its factory doors this weekend to customers who have pre-ordered the new Tesla Model S sedan. Customers were given tours of the California factory, rides in a prototype of the Tesla Model S, and a plea for support from Tesla Chief Executive Elon Musk, who also co-founded PayPal. “We need your help,” [...]
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The Federal Bureau of Investigation today raided three New York-area homes where agents believed three members of the online hacker group known as “Anonymous” were living. Investigators took at least one laptop from one of the residences. Police think the device may have been used in denial-of-service attacks against several large corporations. Almost a dozen [...]
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Sears really can be a great place to find bargains. Sometimes, though, certain bargains might be too good to be true. Sears.com accidentally advertised the Apple 16GB iPad 2 for $69, which is obviously much lower than the regular price of about $499.99. The seemingly super deal got iPad 2 shoppers worked up in quite [...]
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That was quick. Hot on the heals of the unveiling of Google Wallet, Paypal has filed a lawsuit against the company and two of its former executives over trade secrets. According to the lawsuit (embedded below), Osama Bedier, a former PayPal executive now working at Google, stole PayPal trade secrets and shared them with Google [...]
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SpaceX is at it again. Space Exploration Technologies, the company that successfully launched the Falcon 9 rocket last year, has unveiled plans to launch the Falcon Heavy, the most powerful rocket since man went to the moon. The Falcon Heavy rocket will likely be able to lift twice as much cargo into orbit as the space [...]
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Following the arrests of five people in Britain for their supposed involvement in the widely-publicized DDoS attacks in December of last year against a number of online companies for their involvement in cutting services to WikiLeaks, the online group known as Anonymous has declared war on the U.K. The companies originally targeted by the attacks [...]
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The fallout continues. Bank of America said today that it will stop processing payments intended for WikiLeaks. B of A joins an ever-growing list of companies who have terminated services for the controversial, whistle-blowing website, including PayPal, Amazon, and MasterCard. Ironically (and in possibly related news), WikiLeaks has already said that its next big leak [...]
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