PayPal boycott chops $1 billion off eBay stock

posted by
July 27, 2011
The Raw Story    
Posted in News, PND News

"Following the announcement of a boycott by hacktivist groups 'Anonymous' and 'LulzSec,' shares in PayPal parent company eBay plunged by over $1 billion in value before perking back up as opportunistic investors bought into the company in hopes of a deal. ... It was launched in response to the company's refusal to send donations to anti-secrecy website WikiLeaks. PayPal suspended all transactions headed toward WikiLeaks last year, in the weeks following their groundbreaking publication of secret U.S. diplomatic cables." (07/27/11)  


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