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PayPal Galactic Means You Can Finally Make Payments While Traveling to Mars

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Sometimes “where on earth…” just doesn’t cut it. I’m talking about buying digital music, paying for ebooks, and catching up on terrestrial bills while planet-hopping. Now there’s Paypal Galactic, who can provide the perfect solution for these interstellar financial transactions. Naturally, space experts like the SETI Institute and former astronaut, Buzz Aldrin are also involved.

Creating a secure and functional commerce system that can operate in space at scale will not be easy, but with the support of the scientific community, other technology companies and the public at large, we hope to find the solutions to address these challenges. This is just the beginning. Specific details still need to be addressed, and we look forward to keeping you updated with our progress and to the day when we are truly able to make space a commercial reality.

What’s a fair transaction fee for interplanetary payments or a good currency with great intergalactic exchange rates? I’m sure someone out there with experience can help me out, because now all I have to do is figure out how to leave the planet.

Google and PayPal wants to Eliminate Passwords

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Google, PayPal, and Lenovo have all joined technology consortium, FIDO Alliance, whose mission is to use devices as security authentication. This feature would mean laptops, phones, and even Google Glass having voice, eye, or fingerprint matching capabilities in a security chip specific to each user.

The Mission of the FIDO Alliance is to change the nature of online authentication by:

  • Developing technical specifications that define an open, scalable, interoperable set of mechanisms that reduce the reliance on passwords to authenticate users.

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Social Media Newsfeed: Cyber Monday | Facebook Privacy

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Cyber Monday Deals: How to Find the Best Online Sales and Save Some Major Green (The Huffington Post/Reuters)
In a one-day blitz of shopping, consumers are expected to empty their wallets of more than $1 billion on Cyber Monday, the online shopping spree on Nov. 26, according to spending projections from research firm comScore. Cyber Monday 2012 may offer the best deals on technology products this year, said Brian Hoyt, senior writer for RetailMeNot.com, a coupon code site.

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Social Media Newsfeed: Pinterest-y eBay | Reddit Tour | Facebook Searches

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New eBay LogoeBay President Reveals How the Site Will Get Social [VIDEO] (Mashable)
eBay unveiled a Pinterest-inspired redesign, which gives every user a personalized “feed” of products up for sale, on Wednesday at an event in New York City’s Meatpacking district. Devin Wenig, president of eBay Marketplaces, said it’s one part of the site’s new features to make shopping more personal and social. eBay also rolled out a new logo and deals. USA Today The Feed lists brands that users follow and makes suggestions based on their browsing history and past purchases. It rolls out to U.S. customers over the next 100 days, with international launches beginning in early 2013. CNET In addition, eBay launched a new app, eBay Now, for same-day delivery service. It’s currently available only in San Francisco, Calif., but more cities will follow, a spokesman said. Shoppers can order items from a variety of retailers — Finish Line, GNC, Home Depot, Macy’s, Office Depot, RadioShack, Target, Toys R Us and Walgreens — and get them delivered to their door, usually within an hour. The Next Web As for the site redesign, it’s live, but certain aspects, including the new product pages, should become available soon. Noteworthy site improvements include the new one-page checkout process, much deeper PayPal integration and a generally clearer visual hierarchy. Fast Company eBay has come a long way from its origins as a destination for collectors of the kitschy, nichey and hard-to-find. Today, its competitors include everyone from Amazon to Etsy to Fab, and it drives more than $70 billion in sales annually. Read more

Facebook Embraces Antivirus, Faces Protesters | WordPress Is a Powerhouse

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Announcing the Facebook Antivirus Marketplace (Facebook Newsroom)
We’re announcing the Antivirus Marketplace, developed with industry partners to enhance protection for people on Facebook. AllFacebook The Antivirus Marketplace features free downloads and six-month licenses from Microsoft, McAfee, TrendMicro, Sophos and Symantec. GeekWire The social network says its URL blacklist — which aims to stop its users from accessing malicious sites from Facebook — will also now incorporate the databases of those companies. The Next Web To access the new protection tools, all you have to do is visit the Facebook Security Page and select from the options listed on the page. Read more

Zuckerberg in Japan | LivingSocial Takes on Takeout | Draw Something Scam

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Star-struck Japan PM Befriends Facebook’s Zuckerberg (Reuters)
Japanese Prime Minister Yoshihiko Noda frequently entertains dignitaries from all over the world, but he was a touch star-struck on Thursday when he hosted a young billionaire with a whiff of celebrity: Facebook chief executive Mark Zuckerberg. As cabinet ministers filed through Noda’s residence for a late afternoon meeting, it was Zuckerberg who drew a fusillade of camera flashes from a hefty media contingent as he strode through the entrance like a movie star. ZDNet It is still not clear exactly what Zuckerberg’s visit to Japan will entail, but it is already appearing more business orientated than his holiday in China. AllFacebook The International Herald Tribune’s Rendezvous blog reported that Zuckerberg and girlfriend Priscilla Chan were spotted in Shanghai Tuesday, immediately fueling speculation that Facebook was making another attempt to gain a foothold in a market where access to the social network is severely restricted. Read more

PayPal Launching Mobile Daily Deals Service to Battle Groupon and LivingSocial

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PayPal, owned by eBay, is going head to head with Groupon and LivingSocial by unveiling a plan to offer coupons to its massive base of 103 million users.  With Groupon recently having gone public and hovering a little under it’s IPO price of $25 and holding a market cap of $15B, investors see the daily deals market as a potentially lucrative one.  So it’s no surprise that PayPal wants to get in the game.

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