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We’re This Much Closer To Replacing Our Wallets With Phones

It sounds boring, but one of the most important frontiers in technology right now is how mobile can make paying for stuff easier. And while this year’s Mobile World Congress might have been a little lacking in four-star hardware, there were some serious steps taken towards replacing your wallet with your smartphone.


Australian Police Raided The Home Of The Xbox Dev Kit Hacker This Week

You may remember a young man by the name of SuperDaE from a while back. He leaked the specs of what he claimed was the next Xbox, or at least the development kit for it which is codenamed “Durango”. SuperDaE’s real name is Dan Henry, and now, he’s in real trouble: Western Australian Police have today confirmed that officers from the Technology Crimes Unit along with officers from other jurisdictions — presumably the FBI — raided the leaker’s home.


Google Wants To Starve Piracy Sites To Death

Google is looking into a new strategy for cracking down on piracy sites. It involves cutting off the sources of their funding so they wither and die.


Anonymous Claims To Have Stolen 28,000 PayPal Passwords

Hacking collective Anonymous has claimed on Twitter that it has stolen around 28,000 user details from a server used by PayPal. It appears to include email addresses, names and associated passwords appearing on a selection of online sharing services.


You Can’t Sue PayPal In A Class Action Anymore

One of the best things about a massive tech screw-up like a security breach or a massive service failure is the inevitable story that comes out of it about a group of disgruntled customers taking it upon themselves to sue the firm responsible for their hardship. We saw it with Sony for example after the massive security breach last year. These stories will soon be a thing of the past, however, at least with PayPal, as changes to the terms of service now specifically state that you can’t get all angry mob with it anymore.


PayPal President Steps In To Unfreeze $60,000 Of Customer’s Money

Paypal has earned the trust of people all over the world for its reliable payment services, but it’s had its share of gaffes between that smashed violin and shutting down a charity toy drive. Now, PayPal is in damage control after locking up $60,000 of a customer’s money.


PayPal Acquires Mobile-Wallet Tech Company Card.io

PayPal announced on their blog today that they have acquired card.io, the San Francisco-based company that “provides technology for developers to capture credit card information by using the camera on a smartphone.”


PayPal Smashed Some Lady’s Antique Violin, And Can Smash Yours Too

Buying and selling stuff online can be stressful, since you’re always guarding against getting ripped off. Luckily, intermediaries like PayPal are in place to mediate disputes. Which apparently means having your antique violin smashed open to see if it’s fake, then not compensating you in any way.


PayPal Launches New App To Send Money Over Facebook

PayPal’s got a new Facebook app called Send Money that’s going to make it a lot easier to send money to another person over the internet. And now even your gushing, huggy aunt can take care of your birthday in a few seconds on Facebook.


Aussie Spending Up Big Online

The traditional retailers might not like it, but we’re increasingly becoming a nation of online shoppers. According to PayPal, a nation of extremely big spending online shoppers.


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