eBay will soon replace PayPal as its main payment option

eBay and PayPal remained tight even after the two headed to splitsville in 2015. That’s bound to change in the near future now that the auction site has decided to offer an integrated payment system built by Amsterdam-based company Adyen. The move will give way to a more seamless payment experience — no need to log into another website to pay — since Adyen’s product (already used by Netflix and Uber) is purely a back-end payment service. You might encounter the new payment system as soon as the second half of 2018, when the e-commerce giant deploys it (on a small scale) in North America. Its availability will expand in 2019 and the year after, until all sellers have been transitioned to the new system by 2021. eBay has an existing contract to continue offering PayPal as a payment option until July 2023, but neither company has announced if they have plans to extend that partnership beyond that point. According to the auction site’s announcement, offering its own intermediate payment system will allow it to build a central console where sellers can track all their transactions easily. Plus, it’ll lower the payment processing charges sellers have to pay. Even with the lower charges, Recode says the move will boost eBay’s revenue by $2 billion, since it can now pocket those payment processing fees. At the moment, PayPal’s value is billions more than eBay — its shares fell after news of eBay’s decision was announced, but it remains to be seen if it will have a huge and permanent effect on the payment portal’s business. Wenig: We have made the decision to intermediate payments on $eBay . We have already begun building this capability, and will move as quickly as we can under the terms of our operating agreement with PayPal. pic.twitter.com/qDp3mDmBVx — eBay Newsroom (@eBayNewsroom) January 31, 2018 Via: Recode Source: eBay , (Twitter)

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eBay will soon replace PayPal as its main payment option

Sotheby’s is auctioning off artifacts from the US space program

Nothing celebrates an anniversary like getting people to cough up extraordinary amounts of money, which is why Sotheby’s has something special planned for the 48th anniversary of the first moon landing. On July 20, the auction house will be holding a space exploration-themed auction with one-of-a-kind items up for sale. The most interesting item of the collection is a lunar sample return bag (complete with lunar dust), used by Neil Armstrong to bring back the first moon rocks. Sotheby’s says, “Nearly all of the equipment from that historic mission is housed in the US national collection at the Smithsonian. This is the only such artifact available for private ownership.” It’s estimated to sell for between $2 million and $4 million. Many of these items come from the personal collections of the astronauts themselves, so there are some unexpected items up for grabs. Sure, there are the usual autographed photos and books , but there are also flight plans and charts , signed by astronauts, a small U.S. flag flown on Apollo 13 and a spacesuit thermal cover made for Gus Grissom . There’s also hardware for sale: If you’ve ever wanted to own the computer processor of a Space Shuttle orbiter , this is your chance. It’d be easy to make fun of this auction, but honestly there’s a lot of really cool stuff in here for space enthusiasts. As for me, I have my eye on an autographed matted and framed photo of the Apollo 11 crew. Anyone have an extra $7, 000 I can borrow? Source: Sotheby’s

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Sotheby’s is auctioning off artifacts from the US space program

Someone Bought Einstein’s Smelly Leather Jacket for Nearly $150,000

Today, Christie’s auctioned off the well-worn leather jacket of Albert Einstein . You may know him as the Nobel Prize-winning mathematician who figured out the essence of the universe almost a full century before science could prove him right . But he also had great fashion sense. Read more…

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Someone Bought Einstein’s Smelly Leather Jacket for Nearly $150,000

Satellite Captures Glowing Plants From Space

sciencehabit writes About 1% of the light that strikes plants is re-emitted as a faint, fluorescent glow—a measure of photosynthetic activity. Today, scientists released a map of this glow as measured by the Orbiting Carbon Observatory-2, a NASA satellite launched in July with the goal of mapping the net amount of carbon in the atmosphere. The map reveals that tropical rainforests near the equator are actively sucking up carbon, while the Corn Belt in the eastern United States, near the end of its growing season, is also a sink. Higher resolution fluorescence mapping could one day be used to help assess crop yields and how they respond to drought and heat in a changing climate. Read more of this story at Slashdot.

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Satellite Captures Glowing Plants From Space

Bidding In Government Auction of Airwaves Reaches $34 Billion

An anonymous reader sends word that the 2014 wireless spectrum license auction has surpassed $34 billion. “A government auction of airwaves for use in mobile broadband has blown through presale estimates, becoming the biggest auction in the Federal Communications Commission’s history and signaling that wireless companies expect demand for Internet access by smartphones to continue to soar. And it’s not over yet. Companies bid more than $34 billion as of Friday afternoon for six blocks of airwaves, totaling 65 megahertz of the electromagnetic spectrum, being sold by the F.C.C. That total is more than three times the $10.5 billion reserve price that the commission put on the sale, the first offering of previously unavailable airwaves in six years.” Read more of this story at Slashdot.

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Bidding In Government Auction of Airwaves Reaches $34 Billion

London Will Soon Have Fifth Element Style MultiPass For Public Transit

All of a sudden, it’s the 23rd Century. The UK’s government innovation board has just approved funding to begin implementing an all-in-one train/bus/subway/airline pass in 2014. And yes, the actually named it MultiPass after the thing from the Bruce Willis movie. Read more…        

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London Will Soon Have Fifth Element Style MultiPass For Public Transit

Scientists Shatter Quantum Computing Bit Life Record By Over Ten Times

Quantum computing will change our world. But currently, it’s just about impossible . Qubits, the bits that power quantum computing, require crazy-cold temps to create, and they only survive about 3 minutes at room temp. Now, a research team has made room-temp qubits last for 39 minutes. That’s monumental. Read more…        

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Scientists Shatter Quantum Computing Bit Life Record By Over Ten Times

Red Bull May Have Invented A Secret New Hybrid Technology

At the Singapore Grand Prix two weekends ago, Red Bull driver Sebastian Vettel won by an unbelievable 32 second margin over his closest rival. Seriously, it’s unbelievable. Now F1 experts believe that Red Bull Racing’s F1 engineers may have invented a new kind of traction control that links the car’s hybrid engine to its suspension — but no one knows for sure. The whole world is stumped. Read more…        

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Red Bull May Have Invented A Secret New Hybrid Technology