Next week the billionaire SA expat Elon Musk will make space flight history by docking his own orbiter, Dragon, with the International Space Station.

Internet bank PayPal says Google's mobile wallet payment system could be obsolete before it even comes to market.

Cost of cumbersome regulation may eat into efficiencies gained from independent operation.

Within hours of the unveiling of "Google Wallet" on Thursday, eBay and PayPal filed a lawsuit charging that Google tapped into trade secrets.

Bank of America said it will no longer process transactions for the website WikiLeaks.

The M&G's Faranaaz Parker rounds up five quirky things you may have missed over the last week.

FNB introduced PayPal to South Africa a few months ago making it far cheaper to do low value overseas transactions.

FNB and PayPal, a unit of eBay, said on Thursday that they have teamed up to bring international online banking services to Africa's largest economy.

Virgin Galactic, billionaire Richard Branson's space travel venture, plans to order five more spaceships and aims to turn a profit in five years from its commercial launch in 2010, an official said on Thursday. Prospective space travellers have so far placed deposits totalling more than $31-million for tickets that cost $200 000 each.

Online auction giant eBay has launched a microlending website that lets people invest in entrepreneurs in poor communities around the world and get a return on their money. Microplace.com offers investors profits for funding folks trying to build better lives, said founder Tracey Turner.