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eBay Q3 2012 earnings show solid year-over-year gains

eBay Q3 2012 earnings show solid year-over-year gains

eBay posted its financial results for quarter 3 2012 today, and it looks the company had a good quarter across the board. Total revenue for the quarter came in at $3.4 billion, which is a 15% increase year-over-year. Despite that significant climb, Forbes points out that revenue was slightly below the $3.41 billion analysts were expecting, but still, missing the mark by $10 million when revenue was in the billions isn't too bad.

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PayPal updates policy to prevent users from suing

PayPal updates policy to prevent users from suing

PayPal has been hit with a lot of grief recently, namely due to holding your funds under review for no reason and making changes to your account with your permission. Obviously, these things are what lead to users suing the company, so PayPal ended up updating their policy a few days ago, which now requires users to to mail in an "opt out" form if they want to retain the ability to sue PayPal in class action.

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SlashGear Evening Wrap-Up: August 23, 2012

SlashGear Evening Wrap-Up: August 23, 2012

Welcome to Thursday folks - just one more work day to go and another weekend will be here. Today a new video gave us a look at reported iPhone 5 parts, and it seems that the iPhone will be sporting a new look with the next iteration. Recent whispers are saying that Nokia will reveal a total of three new Windows Phone devices during its September 5 event in New York City, and today Microsoft updated its logo for the first time in a whopping 25 years.

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PayPal and Discover team for PayPal payments in retail stores

PayPal and Discover team for PayPal payments in retail stores

PayPal has announced that it is expanding its off-line payment capabilities by teaming up with Discover. By teaming with Discover PayPal will be able to get its service into over 7 million merchant locations across the United States. PayPal is also looking forward to the opportunity to expand to millions of international locations in the future.

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PayPal announces card.io acquisition

PayPal announces card.io acquisition

PayPal has purchased San Fransico-based card.io, the massive company has revealed. Hill Ferguson, PayPal's Vice President of Global Product, announced the acquisition on the PayPal Blog earlier today, saying that the card.io team will be joining PayPal's San Jose team to help "create new experiences to make it even easier for consumers and merchants to use the PayPal digital wallet."

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PayPal increases bug bounty pay rates

PayPal increases bug bounty pay rates

If you manage to find a security flaw in any of PayPal's products, you may be entitled to a cash reward. And now, that reward is bigger than ever. The alternative payment processor has followed in the footsteps of companies like Mozilla and Google, both of which offer similar "bounty" programs and have also recently increased the money they pay to honest hackers.

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Diablo III Real Money Auction House officially launched

Diablo III Real Money Auction House officially launched

Today is the first day that users will be able to toss real hard-earned cash at virtual items in the game Diablo III online. This game has for some years now been teased to have a real-money auction house (in addition to its more basic virtual gold auction house), and upon the game's launch earlier this year, it's been the most widely anticipated feature not to be included with the initial build. Today when you head online to Diablo III you'll more than likely see an update to your software and a couple of new user agreements before you're allowed to play.

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TiVo and PayPal team on in-ad shopping

TiVo and PayPal team on in-ad shopping

TiVo and PayPal have inked a deal for streamlined shopping in interactive advertisements, turning the remote into a gateway to the digital wallet. The new service, which will begin showing up in TiVo adverts from this fall, will allow subscribers to charge products directly to their PayPal account, with automatic shipping to the registered address.

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PayPal point-of-sale partnerships expand

PayPal point-of-sale partnerships expand

PayPal is looking to vastly increase its presence in the world of in-store payments. The company has just announced that it struck a major partnership with some of the leading providers of in-store cash register systems, allowing consumers to use their PayPal account to pay for products from within a retail store. Stores will be able to use their existing equipment to begin accepting PayPal payments.

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