Tag Archives: Paypal
PayPal the giant online payment provider has reported to build up a new app for Facebook to make the users able to send money to their buddies. The money will be channeled from the users’ bank account or the PayPal balance. PayPal has assured that they will not charge any extra charge and there won’t be any hidden charges either.
According to Silicon Valley star Sean Parker, Facebook would have to commit its biggest mistake before Google Plus can steal its crown.
Parker is the co-founder of the most controversial music-sharing service Napster in the 1990s and his role in Facebook’s climb when a movie adaptation on the life of Facebook creator, Mark Zuckelberg get into the big screen in the movie, “The Social Network.”
Parker believes that it is tough to compete with the network interface.
Google will need all their powers in convincing Facebook users to switch on using their own social network.
Peter claims that a threat to Facebook is “power users” behind compelling content turning to competitor online venues in escaping drowning in the flood of posts.
Parker did not believe that privacy would become the biggest hindrance for Facebook.
The biggest issue comes in the form of glut of information that most power users overwhelmed with what can put Facebook set aside is when power users turn to using Twitter or Google+.
He supported Facebook progressing ways for its almost 800 million users to more carefully share posts, pictures or other information with one another.
Saleforce.com founder Marc Benioff praises Sean. He claimed that the latter is one of the great prophets in the industry.
He believes that Facebook has been eating the web ever since it was first launched.
Online auction powerhouse eBay and its flourishing economic transactions service PayPal also see strong “network effects”, which provides defense from Google’s emergent commerce platform.
Donahue believes that Google has a vast online search and advertising platform and Facebook, an accepted social platform, while eBay has a well-established “e-commerce” platform.
Last week, EBay launched PayPal Access online identity program and an open X.commerce platform for payments to allow merchants large or small knock into Internet age cashless businesses.
X.commerce planned to match merchants with independent developers building pioneering ways in handling check-outs at websites, inventories, calculating taxes and other aspects of operating shops with online outlets.
In the meantime, PayPal Access is going to allow people shop at websites everywhere on the Internet through the use of names and passwords from accounts at eBay’s widely used financial businesses service.
EBay has over 100 million PayPal accounts in 190 markets internationally.
Last week, Google claimed that Google+ can compete with Facebook. Right now, the new social network has more than 40 million users.
Google has also been beefing up its e-commerce platform and allowing people use some Android smartphones in finding local bargains and paying by tapping handsets on antenna pads at checkout counters.
Microsoft is going to launch its new Xbox dashboard on 15th November. It is the 10th anniversary of the original Xbox that was released in 2001. Before the launching the, PayPal employees were instructed to run a test over the device to make sure that ever thing was working perfectly. An email which was sent to PayPal from Microsoft uncovered Microsoft’s planning of launching the new Xbox dashboard on 15th November, when the email leaked somehow.
The entire thing happens while four more members of the newly formed group “hacktivist” were arrested from the separate parts of UK on Friday. In a sense it can be said that it was a mixed operation of US and UK police enforcement authorities including the FBI.
New system announced on Thursday
On Thursday, Mozilla announced BrowserID, which is a new system to sign in to any web site with the same email id as a common identity. The BrowserID potentially plans to address the issues seen due to passwords even when the OpenID is already activated. The primary aim of the new system is to eliminate the users from the encumbrance of retaining several user IDs and password for the various sites.