Good news. First-quarter profits may turn out to be pretty healthy. Bad news. Investors don't seem to care.
Looking to sell the public on your plan to combine Twitter with beer drinking? Well, there are worse places to push the idea than South by Southwest Interactive, the annual gathering known as "spring break for geeks." (Or for "tech hipsters." The line is getting blurrier and blurrier these days.)
Top members of the computer hacker group "Anonymous" and its offshoots were arrested and charged Tuesday after a wide-ranging investigation used the help of a group leader who was working as a secret government informant.
updated: Fri Mar 02 2012 07:58:00
PayPal and eBay say you can do more in your shopping experience with their mobile apps than you can on your desktop.
Silicon Valley renaissance man Peter Thiel donated another $1.7 million in January to a super PAC that backs Ron Paul, according to disclosure documents filed Monday.
My neighbor recently discovered a four-digit passcode that unlocks the front doors to our apartment building.
Are you a billionaire with a few million bucks to spare?
There are already 71 web pages of complaints on just one customer forum, and it's growing.
"Steve Jobs told me that you should never go to a meeting or make a telephone call without having a clear idea of what you're trying to achieve. And Don Valentine, the founder of Sequoia Capital, told me to trust my instincts, which lets you avoid getting dragged into conventional thinking and trying to please others.
PayPal has backed off an online spat with humor blog Regretsy after getting withering Web feedback for shutting down a drive to buy holiday gifts for children in need.
Social payments are taking a giant leap forward. PayPal has unveiled a Facebook app that lets you send money to friends.
Ilya Zhitomirskiy, one of four co-founders of social network Diaspora, died over the weekend in San Francisco at age 22.
An 18-year-old man has been arrested in Scotland on suspicion of being linked to computer hacking groups Anonymous and LulzSec, police in London said Wednesday.
Anonymous, the hacker collective that supports whistleblower site WikiLeaks, posted an "official communique" to PayPal and its customers on Tuesday, urging people to close their accounts with the online payment service.
Fourteen people have been arrested as part of an ongoing operation targeting the notorious hacking collective known as Anonymous, the U.S. Department of Justice and the FBI said on Tuesday.
Want to charge your virtual cow purchases to your mobile phone bill? You'll soon be able to, thanks to an acquisition deal eBay announced Thursday.
Stocks ended the first half of the year solidly higher Thursday, as investors put a turbulent six months behind them.
Facebook nabbed one of the tech world's most admired leaders for a spot on its board: Netflix CEO Reed Hastings.
PayPal and its parent company eBay sued Google this week. The company claims that two of its former top executives violated their contracts by sharing confidential information with Google and by negotiating with Google despite a clear conflict of interest.
Three major banks have formed a joint streamlined transfer system in an attempt to rival PayPal.
With more than 500 million active users, the population of Facebook exceeds that of many countries. And like any empire, Facebook has its own currency -- one that got a big boost with this week's launch of Facebook Deals.
A group of security researchers say software flaws in the ways major merchants have implemented payment systems from PayPal, Amazon Payments and Google Checkout allowed them to buy products online for free or at a deep discount.
It wasn't that long ago that eBay was considered a has-been among momentum investors.
John Donahoe took the helm at eBay at the start of 2008, just as the company unveiled a slew of changes to the decade-old online marketplace. A major revamp of eBay's fee structure and feedback policy was meant to shore up market share, but veteran sellers were furious and threatened revolt.
Welcome to the dawn of mobile currency.
Consumers want mobile payments. So do the mobile carriers, device manufacturers and point-of-sale (POS) vendors. Amex, Visa, MasterCard and all of the other payment providers also have something to gain.
App stores are booming, but there may not be enough applications to fill them all.
The website-attacking group "Anonymous" tried and failed to take down Amazon.com on Thursday. The group's vengeance horde quickly found out something techies have known for years: Amazon, which has built one of the world's most invincible websites, is almost impossible to crash.
updated: Thu Dec 09 2010 14:42:00
Australia's Seven Network sat down with Julian Assange's stepfather for an exclusive interview.
Would you be willing to pay for a pair of jeans, a tank of gas or a movie ticket simply by tapping your cell phone against a terminal?
WikiLeaks, beset by technical problems regarding its website and under fire from governments worldwide, has now lost a major revenue source.
Online sellers kick off the coming week with one of their biggest sales days of the year - Cyber Monday.
As the movie title suggests, Facebook has become the social network.
To bolster its digital currency, Facebook is deepening ties with digital purchasing provider PayPal, the two companies said at an event Tuesday.
PayPal's online payment service is ramping up its focus on smartphones.
Look out, PayPal. Two young entrepreneurs are gunning for you.
Facebook denied a story published this weekend that says the company is "building a mobile phone," but CNET has confirmed that the social-networking giant has reached out to hardware manufacturers and carriers seeking input on a potential Facebook-branded phone.
Freeing yourself of plastic is a great way to keep track of your spending and stay on a budget.
When Rep. Joe Wilson of South Carolina made his infamous "You lie!" outburst during the president's healthcare address to Congress in September, he wasn't the only one stepping into the spotlight. The next day, an Austin startup called Piryx set up a Web site to facilitate donations to Wilson.
eBay Inc. may be trying to unload its Skype Internet phone business, but the division's 29% revenue growth helped bolster the company's third quarter results.
My dad wouldn't let me have a computer because he didn't think it was relevant. I was in college before I actually got one. I think if he knew then what he knows now, I would have had one much earlier.
While China is seriously cracking down on the exchange of virtual currencies for real cash, virtual economies backed by newfound legitimacy elsewhere are quickly gaining ground in the real world.
In Silicon Valley, it's all about knowing the right people.
It might be Facebook's worst-kept secret.
Back in 2000, shares of eBay, best known for its online auctions, hit a price-to-earnings ratio of 2,700, and were the darlings of growth investors everywhere. These days the company's shares have a new valuation about 1/300th of its old peak - its P/E is a lowly 9 based on next year's earnings - and a decidedly different fanbase. Grantham Mayo's Jeremy Grantham, Mason Hawkins of the Longleaf Partners Fund and Ariel Capital's John Rogers all have long-term track records for picking stocks that outperform the market, and all three have recently been buying eBay shares for their clients' portfolios. "This is a classic growth stock at a value price," says Ariel's chief investment officer Charlie Bobrinskoy.
Next month, eBay intends to implement a controversial new policy that will entail holding payments sent through PayPal for up to 21 days for certain "high-risk transactions."
Editor's note: This story was originally published Feb. 8 and is being updated to add links to follow-up stories.
It's 1900 hours on Veterans Day in Fayetteville, N.C., a pistol shot from the Fort Bragg military base. Ten minutes ago a 25-year-old self-taught engineer named Adam Gettings pulled into the Waffle House parking lot, lifted the hatch of his black SUV, and unveiled what could very well be the future of urban warfare: a toy-like but gun-wielding robot designed to replace human soldiers on the battlefield.
A door opens, and a blond man appears in a white jacket with large buttons. "Good morning," he says. "Peter's in back. Make yourself comfortable in the dining room. I'll be serving breakfast shortly."
Spend any time online these days and you'll see and hear a lot about widgets. On the web, these are tiny free software programs that can be dragged, dropped, and embedded into web pages, offering everything from weather reports to sports scores.
Amazon.com Inc. has opened its payment system to other Web sites in a move that would pit it against eBay Inc's PayPal.
PayPal said Thursday it will offer credit financing with General Electric Co.'s GE Money Bank in a bid to win new users and improve business for merchants that use its service.
Online auctioneer eBay on Wednesday reported second-quarter profits and sales that beat Wall Street's estimates, boosted by its auctions and PayPal payment businesses.
Even though Wal-Mart and eBay share much of the same customer base, eBay CEO Meg Whitman said Wednesday that she's not worried that record-high gas prices and the housing slump pose any significant threats to the company's business.
1 NETWORKED INVESTOR
According to market research firm Informa Telecoms & Media, companies will spend more than $11 billion by 2011 to advertise on mobile phones.
Online auction site eBay reported earnings that rose 24 percent from the year-ago quarter, beating analysts' estimates.
Google is offering merchants free use of its online payment service, the Internet search giant's latest move to gain share from eBay's PayPal service.
"If a girl says she likes 'The Big Lebowski,' instantly, I think 'stoner.' " That's Matthew Kuhlke speaking. We're sitting at a table full of grilled meat and jug sodas on a late-summer weeknight i...
Bill Ford finally joined the club just before Labor Day weekend. That's when he became the latest chief executive of a giant corporation to cop publicly to the most fundamental and alarming of busi...
When Amazon.com engineer Gaurav Oberoi went on vacation to Europe with friends in 2004, they decided not to worry about who paid for what until after the trip.
eBay may need to put in a bid on a new successor for chief executive officer Meg Whitman.
WHEN AMAZON.COM ENGINEER GAURAV Oberoi went on vacation to Europe with friends in 2004, they decided not to worry about who paid for what until after the trip. But that meant recording expenses in ...
Like most movies directed by legendary filmmaker Robert Altman, "A Prairie Home Companion" is packed with stars. Tommy Lee Jones, Kevin Kline, and Woody Harrelson all have roles in the film based on Garrison Keillor's beloved radio show; Lily Tomlin and Meryl Streep play a musical sister act, and starlet Lindsay Lohan - hot off "Herbie Fully Loaded" - shows up, improbably, as Streep's poetry-penning daughter.
SAN FRANCISCO (Business 2.0 Magazine) - Apple's new MacBook laptops may come in two colors besides white, AppleInsider reports. It's been almost eight years since Steve Jobs unwrapped the original Bondi blue iMac - and since 2002, all of Apple's computers have been either white or metallic. Apple's color experiments came to an end with the quickly eliminated "Flower Power" and "Blue Dalmatian" models of the iMac. One hitch for Apple: Stocking multiple colors means producing and tracking more models, a logistical feat Apple hasn't grappled with in years. Additionally, some retailers might refuse to stock more than one color, as Best Buy did in 1999, and betting wrong on a color could mean costly inventory pile-ups at Apple's own chain of retail stores.
SAN FRANCISCO, April 6 (Reuters) - Online payment company PayPal on Thursday said MTV and the National Basketball Association (NBA) and others will accept payments from a new service allowing purchases by mobile phone text message.
Since the Motorola Rokr's disappointing launch, iPod lovers have been hotly anticipating a cell phone that really does the job of playing music and fielding calls with equal aplomb. Now, it looks likelier than ever that Apple is actually working on such a device, which observers have dubbed the "iPhone." Smarthouse, an Australian tech magazine, reports on its website that Apple has approached several Taiwanese contract manufacturers to build the product for it. "Among manufacturers in Taiwan it is common knowledge," says an unnamed executive at BenQ, a Taiwanese maker of cell phones and handhelds. The BenQ executive's comments follow analyst reports that Hon Hai Precision or Taiwan Green Point Enterprises may land an iPhone contract.
PayPal is getting back to its mobile roots.
By now you'll know whether Elon Musk is the latest hero of the high frontier or still just the co-founder of PayPal. On Feb. 10, the day after this magazine went to press, Musk's latest company -- ...
Let's not wax sentimental about our space exploits thus far. The Apollo era was heroic, but beating the Soviets to the Moon never provided a compelling economic reason to return. (We didn't even ge...
Let's not wax sentimental about our space exploits thus far. The Apollo era was heroic, but beating the Soviets to the moon never provided a compelling economic reason to return. (We didn't even get Teflon or Tang as spinoffs--both were invented before 1960.)
Let's not wax sentimental about our space exploits thus far. The Apollo era was heroic, but beating the Soviets to the Moon never provided a compelling economic reason to return. (We didn't even get Teflon or Tang as spinoffs--both were invented before 1960.)
NEW YORK (CNNMoney.com) - If you've got 25 bucks, a PC and a PayPal account, you've now got the wherewithal to be an international financier.
Justin D'Angelo didn't want to go straight to a 9-to-5 lifestyle after college, so he needed to launch his own business. But he didn't have any idea what that business would look like.
MY NAME IS STANLEY, AND I'M AN eBay addict.
Q I bought a camera on eBay and it didn't work. The seller shrugged, so I filed a claim with PayPal's buyer-protection program. I was told to get a repair quote (which cost $50) and return the came...
I bought a camera on eBay and it didn't work. The seller shrugged, so I filed a claim with PayPal's buyer-protection program. I was told to get a repair quote (which cost $50) and return the camera ($15). Then they denied the claim! Now no one answers my calls.
Forget the Russians and the Americans. The new space race is between the guys from Virgin Atlantic, Amazon.com, and PayPal.
You may be wise to phishing scams, but that's only encouraging scamsters to create a better class of lure. Phishing is a way of wheedling personal information out of you via e-mail so that the send...
Ten years at software giant Symantec taught Ted Schlein a painful lesson: The usual approach to battling hackers—building software barriers around a company's IT network—can't lock out every virus ...
MEG WHITMAN IS FOND OF SAYING that good personnel decisions are about finding the right person for the right job at the right time. Her recent decision to re-pot three senior managers in the eBay g...
Anti-virus software maker McAfee Inc. is warning about a new version of the Mydoom worm that infects computers of people who click on a link in e-mail they receive.
eBay reported third-quarter sales and earnings on Wednesday that beat Wall Street expectations.
MEG WHITMAN IS ON THE LAST LAP OF A two-day, if-it's-noon-it-must-be-Rotterdam investor road show. She's pitched eBay's global growth to six rapt audiences in three Dutch cities in eight hours. As ...
I feel for PayPal. I really do. The Internet payment service is stuck in a classic "damned if you do, damned if you don't" situation.
People are idiots. Not all people, mind you, but an investigation by CNN/Money has uncovered at least several hundred more than we knew about.
Online bazaar eBay Inc. is the most trusted U.S. company for privacy, according to a new consumer study released late on Wednesday.
The amount of money spent online increased by about a third in 2003--and more and more websites want to give some of that back. Butterflymall.com has joined Ebates.com, Fatwallet.com and Rebateshar...
My favorite part of a store is the impulse rack by the cash register. I have spent hours ogling the array of tabloids, gum, and candy lodged next to that last stop in the shop. I even stole my firs...
THE HEADLINES Internet Entrepreneurs Invest in Space-Exploration Ventures
zipcar/first reported in 2001 www.zipcar.com In June 2001, zipcar had just proved its business model in Boston. For an annual membership as well as hourly and per-mile fees, the company provides ur...
AbiWord.com There were a few good products that came out of the dot-com craze, and SourceGear had one of them. Unfortunately, the company's IPO failed to materialize, so it gave up on its open-sour...
Item No. 1: After an 11-month Internet IPO drought, PayPal, a Silicon Valley company that facilitates payments over the Web, goes public in February. Its stock subsequently surges 107%, making it 2...
You've found what you want to buy on the Internet. Now how will you pay? The obvious choice is a credit card, but seemingly every day a new online-payment option appears. In particular, so-called p...
For a long time, online auction sites made customers settle transactions with old-fashioned checks. But several companies recently began helping individuals send money over the Web, a service that ...
This year, as you might imagine, our idea champs are technology innovators who have commercialized a service or product that promises to make an explosive impact on its industry niche. To find thes...
© 2012 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|