What Is Mark Zuckerberg's Sister Doing with PayPal?
Two of the most annoying institutions in the world, PayPal and Mark Zuckerberg's sister Randi, have teamed up. But... for what, exactly?
PayPal Apologizes for Giving Pennsylvania Man $92 Quadrillion
For a few minutes, a man from Media, Pennsylvania was the world's first quadrillionaire, at least according to his PayPal account.
Tech Giant Taken Down by Sex Scandal 'Shakedown'
You may know Keith Rabois as one of the first employees of PayPal, a good friend of venture capitalist and tech god Peter Thiel, and a member of the "PayPal Mafia," a group of former PayPal higher-ups who went on to fundamentally shape the way Silicon Valley does business. Rabois is now the COO of the…
'Drunk Jeff Goldblum' is Back and Drunk-Buying Chairs and Jackets Through PayPal
First Ronald Jenkees returns with a brand new jam, and now Drunk Jeff Goldblum is back with a new drunk sales pitch.
Internet Rages over PayPal Ruining Poor Kids' Christmas
Take a much-loathed corporation, add poor kids, Christmas, and a popular blog, and you've got the recipe for a perfect Internet Shit Storm. Paypal is being blasted for "stealing" money raised for Christmas presents for poor kids.
Julian Assange Spent Wikileaks' Money Doing Nothing
At a press conference this morning, Julian Assange—whom we imagine was wearing nothing but a barrel and suspenders—announced Wikileaks was so broke it might have to shut down in a matter of months. Even more than it already has shut down, that is.
PayPal Will Let You Give Money to Julian Assange
PayPal ditched Wikileaks last December because, the company falsely claimed, its "activities were deemed illegal in the United States." The whole thing caused something of a stir. But look! As the Atlantic Wire reports, you can now use PayPal to donate money to Julian Assange's legal defense fund, which is prominently…
PayPal Continues Its War on Wikileaks (Updated)
First PayPal cut ties to Wikileaks, claiming the secret-spilling web site violated its terms of service. Now it has frozen the account of a group that raises funds for Bradley Manning's defense.
An Interview With a Target of the FBI's Anonymous Probe
The feds are taking Operation Payback seriously: In response to the Anonymous attacks on Paypal, Mastercard, Amazon, and other corporations that severed ties to Wikileaks in the wake of Cablegate, the FBI has served more than 40 search warrants and subpoenas as part of an ongoing grand jury investigation into the…
FBI Raids Texas Company in 'Operation Payback' Investigation
The FBI has raided a Texas hosting company and seized two hard drives as part of an international criminal investigation into the Anonymous hack attacks against PayPal in retaliation for the company's decision to cut off Wikileaks.
PayPal Busted for Bogus Wikileaks Excuse
Facing a booing crowd in Europe, a PayPal executive tried to explain why his company blocked donations to Wikileaks. He cited a letter from the State Department calling the secrets-sharing site illegal. Sadly for him, no such letter exists.
4channers Go After PayPal, Swiss Bank in Defense of Wikileaks
4chan-affiliated hacker group Anonymous has declared war on enemies of secret-sharing site Wikileaks. Internet war! Their first targets: PayPal, which won't facilitate donations to Wikileaks, and PostFinance, the Swiss bank that froze founder Julian Assange's accounts. Update: And Mastercard!
Peter Thiel's Richer Than You, But Not as Rich as He'd Like You to Think
It's one of many casually accepted, unchecked assumptions in Silicon Valley: Peter Thiel, the cofounder of PayPal and Facebook investor, is a billionaire, right? Leaked documents from his hedge fund, Clarium Capital, show he's not.
Is Elon Musk aiming to take over Tesla?
Tesla Motors, Silicon Valley's troubled electric carmaker, is still running on financial fumes, with $9 million or less in the bank. It's been widely misreported that the company has already raised $40 million. In fact, that's the amount it's hoping to raise, in the form of convertible debt, from current investors in…
Elon Musk blames past CEOs for Tesla's failures
To anyone familiar with Elon Musk's brief, troubled career as CEO of PayPal, the troubles at Tesla Motors, his electric-car startup,
seem all too predictable. As does on his decision to lay off dozens of employees, close Tesla's Detroit office, postpone a new model, and replace Ze'ev Drori as CEO. Musk blames past…
Sequoia calls off the boom
The good times are over, the partners of Sequoia Capital are telling the entrepreneurs they fund. Quite literally: They sent a summons to a summit meeting with a picture of a gravestone with the writing "R.I.P. Good Times," rival venture capitalist Om Malik
reports. There, partners including Michael Moritz and Doug…
Please don't post photos of my wedding to Slide
Slide founder Max Levchin made longtime lover Nellie Minkova an honest woman on Saturday. The ceremony was held at San Francisco's St. Regis Hotel, and featured
HotOrNot cofounder James Hong as best man, with fellow PayPal mafioso Peter Thiel another groomsman. Gracious enough for the couple to refuse gifts ,…
eBay to ban check and money orders, except for vibrators
Starting next month,
eBay will no longer allow most transactions to be paid for by check or money order. Now you must used one of the approved electronic methods, especially PayPal and certainly not Google Checkout or Checkout by Amazon. Makes business sense: Mail transactions are probably a sink on customer service…
Skype and Paypal take weeks to resolve identity theft
A tipster writes us to complain about eBay subsidiaries Skype and PayPal's response to identity theft. Reading his letter, which we've copied below, you'll see the problem is not so much that Skype and PayPal wouldn't refund the money the thief spent using our tipster's account. Rather, it's how inefficiently the…
