Here's a big shocker: PayPal, the early online payment processing service that made a batch of Silicon Valley legends, was founded by a team of psychopaths. Peter Thiel, a PayPal co-founder and early Facebook backer, reveals in his new book that four of the six members of "The PayPal Mafia" built bombs for kicks in high school.

I promise, your weekend isn't as bad as PayPal global strategist Rakesh Agrawal's—he just woke up and realized he tweeted all of this stuff about people he works with. Update: he's gone.

Cantankerous billionaire Carl Icahn never shies away from a fight. This time, the activist investor is swinging at longtime eBay board members: venture capitalist and PayPal veteran Marc Andreessen and Intuit founder Scott Cook for "material conflicts of interest, which we believe could put the future of our company in peril."

Less than three months after PayPal purchased StackMob, PayPal announced it will be shutting down the mobile startup. The news of the closure broke yesterday, only no one told StackMob's marketing department.

This is a guest post by game designer and writer Alex Shvartsman originally published on his blog: In addition to making the small bucks as a science fiction writer, I have a day job. I run a game store which hosts events and serves the local community here in Brooklyn, but also sells games and collectibles online and at shows/conventions.

The harrowing tale of how Twitter user @n lost his one-letter handle, worth $50,000. Spoiler alert: think twice about letting PayPal and GoDaddy store your credit card info.

Mark Zuckerberg's sister, literary patriot and media titan, owes every ounce of her non-career to her surname—and the cosmos keeps smiling upon her. PayPal, an otherwise serious and respectable corporation, has forged an unholy promotional bond with Randi—and that's bad for everyone except Randi.

The world-changing aspirations of Twitter and Facebook are a drop in the bucket, a single bloom in an Arab Spring, compared to what former Palantir cofounder Joe Lonsdale wants to do with Formation 8, a venture capital firm that raised $448 million to modernize and disrupt all of Asia's power centers, basically. The leaked emails (below) show how Lonsdale intends to recruit engineers to his cause: by making them “feel special because they think they've been identified by technology [i.e. Palantir] that helped locate bin Laden.”

PayPal is used by almost 130 million people, generates a lot of revenue, and made its backers very, very wealthy. It's a model company. But, that's apparently not enough, and PayPal just announced it will create a way for astronauts to buy things, in space. OK.

The ovaries in attendance at AllThingsD's D11 conference were in for a surprise this afternoon when they learned PayPal cofounder Max Levchin intended to disrupt them.