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PayPal UK’s official twitter handle began to tweet negative messages about the payments giant on Tuesday, after an angry customer took control of the account.

While in control of PayPal’s twitter feed, the person posted links to the anti-PayPal website paypalsucks.com, which encourages web users to seek alternative online payment methods.

“PAYPAL CAN FREEZE YOUR FUNDS FOR NO REASON, DO NOT USE PAYPAL!!,” one of the tweets read.

In a statement, PayPal confirmed that its twitter feed was targeted by hackers, but assured customers that none of their data was at risk.

“PayPal’s UK customer systems and data have not been breached or hacked in any way. T

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WASHINGTON (AP) — President Barack Obama’s financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting.

Wary of trying to repeal the entire statute and being portrayed as Wall Street’s protectors — banks rank among the country’s least popular institutions — GOP lawmakers are trying to nibble away at the behemoth measure. It’s a crusade they’ve waged all year, despite lacking the White House and Senate control they need to prevail.

Days ago, one Republican-run House committee approved bills diluting parts of the law requiring reports on corporate salaries and exempting some investment advisers from registering with the Securities and Exchange Commission. Anoth

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Great expectations accompany “Adventure Tourism” (AT) legislation passed by Tennessee lawmakers to spur tourism-related economic development in the state.

“We’ve got it so we can really increase the private sector,” state Rep. Jeremy Faison, R-Cosby, recently said of the AT bill to tourism profession als attending the annual meeting of the Northeast Tennessee Tourism Association (NETTA).

The AT bill first calls for state agencies to develop an Adventure Tourism plan, particularly for the state’s rural areas. After that plan is available, then local governments and entrepreneurs can work to gether to create Adventure Tourism districts focused on one or more outdoor activities. Tho

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UK retail sales in April rose more than economists expected, it has been suggested.

According to the Office for National Statistics (ONS) retail sales climbed 1.1% from March and 2.8% from the previous year. This marks the biggest increase recorded for almost 10 years.

It has been highlighted that the retail sales figures were boosted by special factors that took place during the month, most notably the royal wedding, the Easter break and a run of good weather.

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Research shows that many small businesses lack the necessary legal support to fully understand their commercial requirements..

It is vital that small businesses grasp the basics early on in order to minimise the risks of possible penalties or failure.

It was recently stated that 15% of small businesses have difficulty understanding the regulations they are required to follow, which has led to 100,000 companies being fined for breaches of rules.

A survey carried out by NatWest has revealed that 80% of new businesses do not have professional advice on matters that concern their commercial law requirements.

This not only causes difficulties with understanding the law, it makes it difficult to obtain the services and tools that will make trading and growth possible for businesses.

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SAN JOSE, Calif. — Zynga Inc., the San Francisco startup behind “FarmVille,” ”CityVille” and other social games for Facebook and other platforms, has filed with the Securities and Exchange Commission for an initial public offering of its stock.

According to the filing, Zynga is seeking to sell as much as $1 billion worth of shares.

“Zynga is a company with more than 2,000 amazingly talented employees dedicated to engaging, surprising and delighting an audience that has grown to 148 million monthly unique users in 166 countries,” CEO Mark Pincus wrote in a letter to potential shareholders.

Zynga’s yearly revenue has grown from $19.4 million in 2008 to $597.5 million in 2010, according to the filing. I

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