paypal
Latest
Paypal v. Google: a tawdry tale of trade secret misappropriation
Google and its poached Paypal employees got sued for trade secret misappropriation yesterday, but we didn't know the dirty details until now. A peek at PayPal's complaint reveals there's a bit more to the story. Apparently, Paypal and Google were in talks last year to use PayPal for payments in the Android Market. Osama Bedier was in charge of those negotiations for PayPal in October of 2010, when the deal was supposed to close, but was allegedly interviewing for a mobile payment position at Google at the same time (holy conflict of interest, Batman!). The complaint claims that Bedier initially rebuffed El Goog's advances, told PayPal of the job offer and professed that he would stay, but jumped ship a month later (bringing some PayPal coworkers with him) after being recruited by Stephanie Tilenius and the almighty dollar. Once it hired Osama, Google reportedly put the brakes on the PayPal deal and created Google Wallet. Then Google, Bedier, and Tilenius got slapped with a lawsuit. A brief rundown of the legal claims awaits you after the break.
PayPal swiftly slaps Google with mobile payment suit
Just this morning we reported on the rather jovial atmosphere at Google's big mobile payment announcement -- well, it looks like PayPal's prepared to bring an end to the celebration. According to Bloomberg, PayPal filed a suit against Google today in a California Superior Court, alleging that former PayPal executive, and one of this morning's MCs, Osama Bedier misappropriated the company's trade secrets. The suit further fingered Stephanie Tilenius, also formerly with PayPal, of violating the terms of her contract in recruiting Bedier. Though we've yet to get our hands on any clear details about which trade secrets PayPal's pointing to, we'd say the timing speaks volumes.
Xbox 360 PayPal update arrives right on schedule ... in some territories
Microsoft has today begun the anticipated rollout of probably the least anticipated Xbox 360 system update in the post-NXE era. The automatic update is being "gradually" deployed to consoles across the globe through Xbox Live over the next few weeks. "Just like any other update to our service," Major Nelson notes, "you will know you've received it when you turn on your Xbox 360 console, connect to Xbox Live and receive a notification to download the update." Most notable, the update includes the option to add your PayPal account as a billing option on the console (it was previously limited to Xbox.com) for Microsoft Points and Marketplace content purchases. The feature will be available to all Xbox Live users, excluding those in Brazil, Chile, Colombia, Czech Republic, Finland, Greece, Hungary, India, Japan, Russia, South Africa, South Korea and Taiwan. So ... just a few (million) people left out. Additionally, the new system update adds and enables (by default) an auto-standby feature that's activated after one hour of console inactivity. You can switch it off in System Settings, but ... why? Finally, the update will also introduce support for the new Xbox game disc format (a.k.a. "XGD3"), which adds 1GB of storage capacity and some fresh anti-piracy coating. According to internal documents we obtained earlier this month, Avatar Kinect is scheduled to be released as a separate update on May 27.
Xbox 360 spring update coming May 19?
If you've run out of beef jerky and had your free Hulu Plus trial go bust, you're certainly not alone. Don't get bored: more bits of new hotness are coming to your console, and they're coming soon. An internal document leaked to our good friends over at Joystiq looks to confirm that the big Xbox 360 spring update will hit on May 19th. However, it'll come in six "separate groups" to "ensure a high quality deployment," so you might not get it until the end of the month, and everyone will have to wait until May 27th to get Avatar Kinect. What else is new? Well, there'll be the slightly larger disc format and support for PayPal, opening the door to a bold new world of personal finance information able to be hacked from your console.
Source: Xbox 360 Spring 2011 update launches May 19, adds PayPal
Even before that new app smell has worn off from Hulu Plus, Microsoft will launch its annual spring update for the Xbox 360 Dashboard. Images sent to Joystiq by a Microsoft tech support employee reveal that the next Dashboard update will begin rolling out on May 19. According to the documents, the update will be distributed in six separate waves between May 19 and May 30 "to ensure a high quality deployment." Additionally, while not technically part of the automatic update, Avatar Kinect is listed for a May 27 arrival as a separate download. Aside from offering support for the new Microsoft disc format -- which will "be used in future game titles releasing later in 2011" -- the spring system update will enable PayPal support on the console, extending the payment option "to new international markets." PayPal will be "the only user facing feature" of the update. Update: Microsoft tells us, "We have nothing to announce." Update 2: May 27 has come and gone, and alas, Avatar Kinect has yet to launch. PayPal was added, however, on May 19.%Gallery-123154%
Discover cardholders can send money to anyone with a cell phone, email address
With NFC payment systems just starting to roll out in the US, it'll be awhile yet before you can cut up those credit cards for good. But in the present, at least, you can use your handset to make sure you don't get stuck with a $100 bar tab... again. Discover just announced that it will let its cardholders send money to people in 60 countries -- so long as they have either a cell phone number or email address. As AllThingsD notes, Visa and American Express have hatched similar plans, though Discover is the first of the bunch to partner with PayPal. While people sending money don't need PayPal accounts, people receiving moola do -- or, at least, they must be willing to create one. For senders the service is free and, in fact, they get 0.25 percent cash back for the first $3,000 exchanged. As for Discover, a smaller player than Visa and MasterCard, it hopes some of PayPal's 230 million customers will sign up for a shiny new credit card while they're at it.
Bank app lets you pay bills with iPhone camera
Danske Bank just made it easier to spend money. Banking customers can now pay bills with nothing more than a photo and a tap, boosting the convenience of online payments. Danske Bank's official app is available for iPhone, iPad, iPod touch and Android devices. Once installed, users simply launch the app, snap a photo of the bill they wish to pay and press a confirmation button. The app uses the photograph to rapidly enter the details for a bill or electronic funds transfer, for example the amount due, payee name and account numbers, without forcing users to key in the information by hand. It's a welcome new feature for those of us with fat finger syndrome. The updated app is the latest from the banking industry to find innovative uses for the cameras found in mobile devices. Both PayPal and Chase Bank offer mobile apps that allow users to deposit a check simply by photographing it with the iPhone's camera. Although most of the app's features are custom built for Danske Bank's customers, the option to pay bills by photograph is enabled for clients of competing banks. Danske Bank offers instructions for setting up this feature on its website. The app, currently only available in Danish, is a free download from the App Store.
Sony granted access to GeoHot's PayPal records
A federal magistrate has authorized Sony to subpoena PayPal for information about California-based funds sent to accounts associated with PS3 jailbreaker George "GeoHot" Hotz, reports Wired's Threat Level blog. The US District Court ruling in San Francisco is the latest development in a jurisdiction dispute to decide whether Sony can proceed with its lawsuit against Hotz in California or must instead do so in Hotz's home state of New Jersey. Sony alleges that Hotz received donations for his PS3 hack from Northern California residents (via PayPal), and, if true, the evidence could bolster Sony's case to keep the case in San Francisco court. In a court order, Magistrate Joseph Spero defined the "limited information" that PayPal could be ordered to present as "documents sufficient to identify the source of funds in California that went into any PayPal account associated with geohot@gmail.com for the period of January 1, 2009, to February 1, 2011." Additionally, Judge Spero ordered Hotz to consent to Sony obtaining all of his tweets dating back to Jan. 1, 2009 and to appear in California for a deposition relating "solely" to the jurisdiction matter (with Sony paying for his "reasonable" expenses). As for Hotz's "impounded devices," a neutral third party, known simply as "The Intelligence Group" (or "TIG"), has been tasked with conducting a "forensically sound" probe of Hotz's encrypted hard drives (and a calculator) for any data related to his PS3 system circumvention hack. Hotz and Sony will split the first $7,000 charged by TIG, with Sony agreeing to pay any additional fees. [Pictured: George Hotz (screencap); source: G4tv.com]
Paypal accounts for World of Warcraft gold sellers now on notice
Blizzard recently took action to hit World of Warcraft gold sellers right where it hurts: Their wallets. Well, the online services they use to transfer intangible funds from other people's wallets to their wallets, but you know what we mean. The developer has successfully petitioned Paypal to issue notices to the major names in gold selling, warning them that if they didn't stop selling WoW's virtual currency for non-virtual currency, their accounts would be irreversibly suspended. Paypal appears to accept Blizzard's argument that these sales represent an intellectual property violation -- though this area has proven nebulous in the past, as suggested by the WoW Glider lawsuit from last year. Regardless, we hope they find some success with this venture. We don't understand why people can't earn gold the honest way: By buying everything off of the auction house and selling it back for three times its original price.
Blizzard strikes gold sellers with Paypal notices
Last week, Blizzard sent out strongly worded complaints to Paypal, accusing many gold-selling companies and resellers of "intellectual properties violations" for selling World of Warcraft goods. After receiving these complaints, Paypal sent notices off to the gold sellers Blizzard had complaints against, stating that if these activities continued through their websites and the Paypal service, Paypal would revoke their ability to use the popular payment site as a payment option. Here is Paypal's letter to the gold sellers: You were reported to PayPal as an Intellectual Properties violation by Blizzard Entertainment Inc. for the sale of World of Warcraft Merchandise. If you feel your sales do not infringe upon the intellectual property rights of the Reporting Party, please complette the attached Objection to Infringement Report by January 21, 2011. The completed form should be faxed to the attention of the Acceptable Use Policy Department at [number removed] or emailed to [email removed]. Should you choose not to object to the report, you will be required to remove all World of Warcraft Merchandise from the website [url removed] in order to comply with the Acceptable Use Policy. What's very interesting is that Blizzard is claiming intellectual property violations in the face of the most recent decision in the Glider case. Where Blizzard lost on intellectual property concerns under the EULA, they could have a better shot over their game assets being sold, if somehow it ever went to court. Still, Paypal is the easiest route to go for Blizzard's plan of attack against gold sellers, since most of them are run outside of the country. Suffice to say, it's nice to see some action being taken against gold selling.
PayPal app has huge security flaw, update rushed to Apple
You'd think by now we'd all be wary of open WiFi networks, and luckily that's the only way this could affect you, but if you use the PayPal app on an open network the Wall Street Journal is reporting a hacker could potentially nab your user account. According to the story, the app doesn't verify your security certificate (which is kind of the point of the certificate, no?) and goes along its merry way, transmitting your data to PayPal in a way that a fortuitous ne'er do well could intercept. Still, as the WSJ points out, a hacker would have to be poised and ready to take advantage of this exploit. I doubt you're sitting around in that app for hours while sipping your latte at Starbucks, right? The app in the store shows the last update was October 26, but the WSJ reports a fixed version has been sent to Apple. We've reached out to PayPal to see if the updated app is available yet, but haven't heard back. For now, if you must use this app in public, turn off WiFi to avoid the exploit. This issue does not affect users of the PayPal Android app or visitors to the website. Update: Looks like version 3.0.1 arrived shortly after we posted this. PayPal away in relative security, everyone!
Thousands stolen through iTunes/Paypal scam
The BBC reports that a web scam is affecting a number of iTunes accounts that are linked to PayPal. Amounts ranging up to $4,700 were reported on Twitter and through Techcrunch as being stolen. All signs point to users falling for an online scam known as phishing. People will get e-mails that look similar to those from official sources urging them to change their user name and password for security reasons. They'll be redirected to a fake website which collects the credentials. The perpetrators then use the information to engage in further scams, such as the royalty scam we reported on earlier today. MobileMe was a target for phishing in the past. There are also new ways of ferreting this information being developed, such as tabnabbing that could even fool those who are familiar with these sorts of scams. One of the best defenses against phishers on a Mac is to invest in 1Password. If you click on a fraud e-mail and it tries to get you to change a password, it's going to detect the phishing site and steer you away. Otherwise, use common sense. Neither Apple, PayPal or any legitimate company will send you an e-mail asking for personal account information. If you get an e-mail asking for your full name, Social Security Number, credit and/or debit card numbers, passwords, etc., it is always fraud. Likewise, never click on an e-mail link to access your account. Go directly to the web site itself. If you have a parent or child that is not web-savvy, double check to make sure that they have not fallen for any of these scams. If you are a victim of this, contact PayPal immediately. The company told the BBC that it will reimburse any unauthorized charges. [All Things D reports that Apple is denying any iTunes-specific security breaches, adding to the likelihood that the account credentials were phished. –Ed.]
Study finds that 75% of online gamers purchase virtual goods
Are you one of the steadfast, stalwart gamers who absolutely refuses to shell out money on cash shops, microtransactions and virtual services apart from subscriptions? If so, you're in the minority -- a study by VGMarket showed that three out of every four online gamers purchased a virtual good in the past year. This shouldn't come as a surprise, however. The survey isn't strictly indicative of MMORPG gamers; it was taken from over 2,200 players who were either part of PlaySpan Marketplace, Facebook, or purchasers of Ultimate Game Cards. Still, the results are fascinating, as a whopping 64% admitted to spending money on cash-shop items at least once a month, with 9% going so far as paying for virtual goods on a daily basis. Other statistics from the survey are equally interesting. PC gamers spent an average of $37 a year on virtual goods, and PayPal is by far the most popular method of payment. Oh, and the most-purchased good? In-game currency. (There, that shouldn't be too controversial, right? Right?) You can read the full survey results over at VentureBeat!
Apperang pays users for app installs
The App Store is a busy place -- there are lots and lots of apps out there, and almost all of them need attention. Some developers are apparently willing to pay for that attention, so enter Apperang, a new service that purports to pay users to install certain apps on their iPhones. MobileCrunch has the breakdown -- Apperang has a verification system running that will check if you've installed apps in their system (including Booyah's MyTown and Flixter's Movies -- I saw nine apps on the service, but that may be limited by location), and then will pay out a few cents, both for installing the app yourself, as well as referring it to other Apperang users. Is it kosher? Pretty much -- lots of app developers already pay for advertising that's targeted towards app installation, and this deal isn't any different. Rather than pocketing all the profit, Apperang is just passing it on. A video on the site shows that Apperang is promising US$.25 per app install (if the app isn't free, they'll reimburse you the purchase price), and their FAQ says that the minimum payout is $1. Payout appears to work through Paypal -- that's the only option I can see so far. For some companies, it's just easier to pay a quarter for a new user rather than gamble on advertising or word-of-mouth. I do question how scalable it is from Apperang's perspective, and of course, as a user, there are much better ways to make some pocket change
Boxee for iPhone, iPad and Android all but confirmed in Vindicia payment processing deal
Oh sure, having Boxee nailed down to the desktop of your PC is fine and dandy, and that Boxee Box will ensure that the same experience is enjoyed by all who plant their fundament in front of your HDTV. But we all know what you're after -- lemon drops. And a mobile version of Boxee. In a post today by the company, it expressed outright joy in inking a deal with Vindicia in order to bring a payment processing solution to the platform; slated for implementation "by the end of the summer," this CashBox add-in would enable users to purchase "premium content" from Boxee's programming partners via credit card, gift card or PayPal. It's a vital step in Boxee finally finding a revenue stream (something it confessed to needing on a previous episode of The Engadget Show), and better still, "Vindicia's flexibility makes it possible for [Boxee] to enable payments on its website and across mobile platforms like the iPhone, Android and iPad." Yeah, those are the company's own words right there, and in case you still aren't believing your eyes, chew on one final quote: "Boxee's eventual expansion to these platforms will pave the way for universally accessible content no matter where a user is (we love this idea!)." Huzzah!
Paypal app goes 2.0, adds Bump integration
Never before in human history have there been so many ways to part with your hard-earned cash. The spotlight might be on credit card acceptance tools from Square & Verisign, or the beta Venmo service's SMS-based trust network -- still, don't forget about the cagey veteran. Paypal is 12 years old now (and in Internet years, that's... uh... "wicked old") but the eBay-owned payment site is innovating as fast as ever; case in point, the 2.0 version of the free Paypal iPhone app. The new app features a revamped interface and history display, along with options for payment reminders, funds withdrawals and a new "Request Money" tool. You can create and send a fund request within the app at the moment you need it (just spotted your pal $20 for the movies? Bingo!), which makes it that much more likely that you'll get reimbursed. In like fashion, you can collect money for a shared gift or charitable donation, or split a restaurant check and send off requests for everyone's share of the bill. If that's not futuristic enough for you, the Paypal app now integrates with contact sharer Bump, which added Facebook friending and more granular profile-based sharing in a new release at the end of February (most requested new feature: a 'fake' profile, allowing you to give that overeager Bump-er at the bar a bogus number if you're just not that into them). Using the Bump API, Paypal's app now allows you to send money to another Bump user just by tapping phones. I anticipate strong enthusiasm for this feature at sporting events and casinos. Paypal's apps for the Blackberry and Android are scheduled to get some of the new features soon, but in the meantime these are iPhone-only goodies. Enjoy! %Gallery-88352% [h/t TechCrunch]
Confessions of a gold scammer and identity thief
digg_url = 'http://massively.joystiq.com/2010/01/19/confessions-of-a-gold-scammer-and-identity-thief/'; "We have met the enemy and he is us." The player identified as "Patrick" is not the malevolent monstrosity we'd like to see. Nor is he a victim of circumstance, at that. He acts for all the world like a perfectly normal gamer, and if you didn't know he'd scammed between $10,000 and $20,000 in a year of reprehensible behavior, you certainly wouldn't be able to guess. That's what makes a video interview with him, mirrored and annotated at PlayNoEvil and originally recorded by Marcus Eikenberry, so odd on many levels. The full interview lasts thiry-eight minutes, which makes it a bit long for casual viewing. The article which mirrors the video notes some of the highlights, including when he almost breathlessly exhorts the moment he realized that there was nothing in PayPal's EULA that prevented him from not transferring his EVE Online account to a purchaser on Craigslist. His rationalizing of the actions include the loss of his job and financial instability, even as he begins the interview explaining how he would scam players in both EVE Online and World of Warcraft for fun. His words are unsettling, but what makes them all the more eerie is the fact that without the foreknowledge... there's no way to tell his voice from any of ours. When you have the time, the whole interview is well worth looking at if you're at all interested in account security and the culture of scammers.
Joojoo terms of sale violate PayPal rules
It would seem that the Fusion Garage lawyers have become so embroiled in the Michael Arrington litigation that they've neglected to read the PayPal User Agreement. There in section II, subsection 4, dubbed "Prohibited Transactions," it states that the seller agrees "not to use [his] PayPal account to sell goods with delivery dates delayed more than 20 days from the date of payment." Why does that matter -- well, because the sole means to purchase the Joojoo at present is by placing an 8 to 10 week pre-order, payable exclusively through PayPal. We shouldn't jump to conclusions though -- maybe Fusion Garage freed itself from the pesky rules by offering to sell a few special edition PayPads?
The Daily Grind: What's your preferred payment method?
Credit cards (including debit cards), Paypal, Microsoft Points, game-time cards. Every payment method has its positives and negatives. As a famous and profitable social-media personality, you probably have more dollars in your Paypal account than you do on your credit card. You can get a Paypal debit card for that, that you can use pretty much anywhere you'd use regular plastic. Microsoft Points or game-time cards? They've got definite advantages – you can buy them when you've got a little extra cash in your account, and use them when you need them rather than getting awkwardly billed on the very day of the month your mortgage payment is due (two days before you get paid each month – oh, yes. We've been there!) Given a variety of payment options, how would you prefer to pay for your MMOG subscriptions, if you had the choice?
Credit card terminals for iPhone
It's no secret that the iPhone is much more than just a smartphone. Apple has even started giving iPhones to Apple Store Concierge employees to schedule appointments and manage the store. The ability to complete mobile transactions with credit card terminals is a great use of the iPhone for employees on the go or companies that do home or office calls. Like most applications in the iTunes App Store, there is no shortage of alternatives available for you to try. Here's a roundup of some of the most popular credit card terminals for iPhone. Credit Card Terminal [iTunes Link] - $0.99 This app is pretty awesome. So awesome in fact, that it was featured internationally in an Apple commercial. The 99 cent application offers a (very) cheap alternative to expensive terminals and hardware. With a clean and easy to use interface, users can enter credit card information, complete transactions, and even view and refund past sales. The app also gives you the ability to collect customer information. The developer even offers telephone and email support and will walk you through setup. Billing: Credit Card Terminal [iTunes Link] - $19.99 Another "easy to use" credit card terminal that is guaranteed to help make transactions easier. Sporting a pretty cool, and somewhat different kind of interface, the $20 application makes setting up a sale as simple as tapping a button. One cool feature offered in this version is the ability to get a customer's signature. Some screenshots from the featured applications: %Gallery-73813%
