This Average American Became The Richest Man In The World – But The Accident Only Lasted A Few Seconds

There was once an average American Joe who became the richest man in the world after accidentally being credited with $92 quadrillion.
Pet Fish Takes Over Gamer’s Nintendo Account, Changes Password, Opens PayPal Account, And Downloads A New Avatar. Yes, Really

This aquatic hacker even scrolled through the terms and conditions before downloading some merch.
Thursday Morning Spice

PayPal fined for deception. Rose of Soweto arrested. Janice Dickinson sues Cosby. Spotify’s big announcement. Lewis Hamilton decides. Adopted son to marry dad. Leonardo’s handbag duel with Paris Hilton. Morph is making a comeback.
It’s True: PayPal Wants You To Swallow A Microchip Instead Of Remembering Your Passwords

We’re all sick and tired of pesky passwords and tedious form-filling, but PayPal’s ‘body integration’ campaign is some next level stuff.
Excellent Interview With Billionaire Tech Legend Who Wants To Halt Death

Billionaire entrepreneur Peter Thiel believes that he can fight death and is putting the pieces in place to fulfill his “immortality project”.
Terrifying: How This Guy’s R500K Twitter Handle Was Stolen From Him

Nothing on the internet is safe, not even your Twitter handle. Naoki Hiroshima found this out when his websites and social media accounts were held for ransom by a hacker. All the hacker wanted in return was Hiroshima’s Twitter handle, @N, worth $50,000.
Error Results In R901 Quadrillion PayPal Statement For Small Town Man

Chris Reynolds is a PayPal customer. He uses the payments and money transfers Internet brand to buy and sell products on eBay, namely vintage car parts. According to Mashable, the 56-year-old, from a small town called Media in Pensilvania got the biggest shock of his life on Friday when he received his monthly statement. The amount […]
LISTEN: Mail & Guardian’s Chris Roper Reports From The South By Southwest Conference [PODCAST]

The Mail & Guardian team traveled to Austin, Texas for the twentieth annual South by Southwest conference. Online editor, Chris Roper and General Manager for Digital Operations, Alistair Fairweather bring us clips from Elon Musk’s keynote address, and other assorted treats. South by Southwest is one of the biggest interactive film, music, tech and pop culture conferences […]
Paypal Launches Chip And Pin Device

Paypal has launched a chip and pin machine for European markets. The new machine will allow small businesses in Britain to transact with credit card, debit card and paypal payments, with what is essentially a European retro-fit of the already awesome PayPal Here card swiper, used extensively in the US. Of coure, cards with chip […]
Stripping For Virtual Money – Welcome To The World Of Bitcoin

Bitcoin is a fast-growing digital currency that can be used to buy anything from electronics to cupcakes online. What makes it unique is the fact that there is no central issuer. Instead, a peer-to-peer network regulates Bitcoins’ balances, transactions and issuance according to consensus in network software.
Wednesday Morning Spice

PayPal Co-Founder Backs Printable Meat Startup. Who authorised live ammo at Lonmin? Times Media Apologises To Malema. Phelps Louis Vuitton drama. Prince Harry races swim champ [video]. Green Tea Extract ‘Eradicates Cancer Tumours.’
The Floating Tech Start Up Haven Is Becoming A Reality
Venture capitalist, Peter Theil’s dream of an artificial island utopia for tech start-ups is inching closer to reality off the coast of San Francisco. Riding a wave of investment capital from Thiel, the project has a name – “Blueseed” – and a website, as well as a lengthy lineup of tech companies that want to get on board.
Social Media Payment System Tested In Belgium
A new once-click payment system focused on social media is currently being tested in Belgium. Paycento enables internet users to pay to read a single article or download a piece of music without having to fill out forms or enter their credit card details on the website. More details inside.
Billionaire Funding Construction Of Artificial, Libertarian Islands
Don’t worry, the artificial libertarian islands will have better names than that. Peter Thiel, founder of PayPal and early Facebook investor, has given $1.25 million to an initiative to build libertarian island states in international waters. Because that’s what you do when you’rea 43-year-old gay libertarian with money to kill, I guess.
Paypal Co-Founder Gives Kids R17m To NOT Go To University
Peter Thiel, the PayPal co-founder and one of the first investors in Facebook, gave 24 kids under 20 each $100,000 to drop out of school for two years to start a their own companies. Some even left universities like Harvard and Stanford! Thiel is doing this in order to “challenge the authority of the present and the familiar.” I can kind of respect that.