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Group charged in PayPal cyber attack pleads guilty

A group of 13 defendants who had been charged in a cyber attack on PayPal`s website pleaded guilty and admitted to the December 2010 attack over PayPal`s suspension of WikiLeaks accounts.

eBay Inc Q2 profit drops 29%

Online auction firm eBay Inc has reported a 29% drop in Net Profit at USD 327mn in Q2 ended June 30, mainly due to drop in sales of its marketplaces business.