eBay: PayPal Mobile Payment Volume Up Over 500 Percent On Thanksgiving Day And Black Friday

As we heard earlier today, Thanksgiving proved to be a lucrative day for online retailers. IBM reported online Thanksgiving 2011 sales were up 39 percent over Thanksgiving 2010, with mobile shopping on the rise. eBay and PayPal are seeing similar trends. PayPal Mobile just announced a 511 percent increase in global mobile payment volume when compared to Thanksgiving 2010. On Thanksgiving in the U.S., consumers shopped on mobile via PayPal most frequently between 6:00 p.m. and 7:00 p.m. PST. Around the world, consumers shopped on mobile most frequently between 1:00 p.m. and 2:00 p.m. PST.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jG3gN-QvAwY/

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Italian cargo ship is free off Somalia (AP)

ROME ? Officials say an Italian cargo ship and 21-member crew are now free, seven months after pirates seized the vessel in the waters off Somalia.

President Giorgio Napolitano hailed the release of the Rosalia D'Amato, along with its crew of six Italians and 15 Filipinos.

Napolitano expressed hope Saturday that another Italian vessel, the oil tanker Savina Caylyn with its crew of 22, would be soon released. The tanker was seized in February.

Italian news agency ANSA quoted Adm. Gualtiero Mattesi, who commands a NATO anti-piracy mission, as saying the Rosalia D'Amato had refueled after being released by pirates Friday. The admiral said an Italian navy ship nearby will escort the cargo vessel.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111126/ap_on_re_eu/piracy

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