Mobile Payments Jump 300 Percent During Holidays, PayPal Says

EBay said Monday that during this holiday season, mobile transactions totaled $13 million, growing 165 percent over last year. So it’s only fitting that its payments subsidiary is seeing a similar uptick. PayPal said today that mobile payments jumped 300 percent from Nov. 15 to Dec. 15, compared to the same period last year.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald