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EBay says PayPal revenue will double by 2013

EBay Inc said it expects revenue at its PayPal unit to double by 2013 as it sought on Thursday to cast itself as a reinvented company and an innovator at the center of e-commerce.

Mobile payment startup builds buzz through causes

Xipwire co-founders
When competitors shut down payments to WikiLeaks after the controversial website released a slew of sensitive U.S. diplomatic cables, Sharif Alexandre refused to join the boycott. The Egyptian-born entrepreneur and founder of Xipwire - a Philadelphia-based mobile payments startup - stood opposed to PayPal and Amazon and let customers continue making donations via cellphones.

French telecoms to launch Internet payment: report

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French telecommunications rivals Orange, SFR and Bouygues Telecom have banded together to create an Internet payment company along the lines of eBay Inc's PayPal, French newspaper Les Echos reported on its front page.
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LinkedIn's IPO to test appetite for Facebook

LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.
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Julian Assange

Wikileaks' Assange to publish autobiography

Even as world leaders are still trying to cope with the recent flood of global political secrets leaked by the whistle-blower site Wikileaks, its founder Julian Assange is all set to write his autobiography promising more in the offing. Speaking to the Sunday Times, the 39-year-old Australian announced that he had signed deals worth $1.5 million for publishing his memoirs.
WikiLeaks' Julian Assange

Bank of America bans Wikileaks' transactions: report

Bank of America has banned transactions to whistle-blower site Wikileaks since Friday, according to media reports. The Obama Administration earlier urged financial organizations to sever ties with the site for illegally releasing confidential US diplomatic cables.
Paypal admits to US pressure, and hackers warn of attacks on website and Twitter

Hackers Bring Down MasterCard Site, Threaten PayPal

Hackers, possibly in retaliation for attacks on Wikileaks, forced down the website of the international credit card service MasterCard on Wednesday and warned PayPal they could be next. PayPal has admitted that the US Government was behind the company's decision to sever ties with Wikileaks.
Hackers shut down MasterCard

Hackers 'Shut Down' MasterCard Website

Hackers forced down the website of the international credit card service, MasterCard, on Wednesday. The move is likely to be an apparent revenge by alleged Wikileaks supporters. In what they called Operation: Payback, the anonymous hackers announced on twitter that they successfully brought down the MasterCard website with DDoS attacks. MasterCard had earlier severed ties with the whistle-blower site, suspending all payments to the organization. The website currently remains inaccessible...
WikiLeaks founder jailed in London

Wikileaks founder jailed in England

Wikileaks founder Julian Assange is behind bars in London, facing extradition to Sweden where he is charged with rape and sexual molestation in two separate cases.
Cyber terrorists hacked Visa and Mastercard when they blocked payments to Wikileaks

Wikileaks Supporters Fight Back

As part of its 'Operation Avenge Assange,' a group of Wikileaks supporters called The Anonymous plans a Distributed Denial of Service (DDoS) attack against Paypal.
The War of Attrition: Wikileaks vs. USA

The War of Attrition: Wikileaks vs. USA

US Administration, by all means, is trying to win over Wikileaks, firstly by ousting it from the servers and now by blocking its transaction by Paypal. But the whistle-blower group is highly unlikely to accept defeat. In possession of over 25,0000 United States diplomatic cables, the group would only force the Government worldwide into a war of attrition.
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EBay Q2 profit beats Street

Internet commerce company eBay Inc's second-quarter profit beat Wall Street estimates, helped by a record performance at its PayPal online payments unit and marketplace division sales in Europe.

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