Is PayPal on the Ropes?
The hits are coming fast and furious to PayPal in what's adding up to be the most serious threats to the payment system giant to date. Three of the most powerful banks in the U.S. – Bank of America N.A., JPMorgan Chase & Co. and Wells Fargo – have come together to create clearXchange, a […]
Bank of America Blocks WikiLeaks Payments
Financial giant Bank of America has added its name to the list of institutions dropping support for WikiLeaks, announcing that it has stopped handling any payments to or from the whistle-blowing website. Said the bank in a statement to…
Facebook Said To Rent Space On Madison Avenue
Google and Facebook are often mentioned in the same breath these days, and now it seems that Facebook, like Google, may be interested in the New York real estate market. Rumor has it Facebook’s leased some space at 335 Madison Avenue. This isn’t quite as impressive as Google’s $1.9 billion purchase of an entire office […]