PayPal Here

PayPal wants to be here, there and everywhere

PayPal is the granddaddy of the online payments space. It was the remora of eBay until the auction giant bought it in 2002. Last year, PayPal processed $119 billion in transactions and accounted for 38% of eBay’s revenue. In the past year, eBay’s stock (+52%) has well outperformed Google (+11%), Amazon (+16%), Facebook (-45%) and Groupon (-75%) as of Friday’s close. (Disclosure: I have options against Facebook and Groupon. Facebook’s and Groupon’s numbers are based on their respective IPOs.)

Weaker Q2 tech earnings could make investors jittery

Earnings season starts this week for tech companies, and no one is expecting outstanding second-quarter results. If the reports turn out to be weaker than expected, then tech investors might run for the hills, the San Jose Mercury News reported.

Diablo III Collector’s Edition Giveaway!

Over the next several days GamesBeat will be handing out Diablo III Collector’s Editions and a bundle of regular retail copies, and all you have to do is leave a comment!