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PayPal Brings Allowances Into the 21st Century
A new service, PayPal Student Accounts, allows parents to set up and manage their teenage children's spending.
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Last Bytes: PayPal, the FBI, Pownce, more
Tech Observer — A new type of PayPal account might change the way kids get their allowances. [NYT] The FBI updates its top ten fugitives widget. [TechCrunch] Blog platform Six Apart announces the purchase of Pownce, a would-be Twitter rival, along with plans to shut it down in two weeks. [Cnet] Huffington Post now worth "just south of $100 million." [All Things D] Total Prestige, a social networking site aimed at millionaires, has raised $1 million and appointed a new CEO. [Paid Content] by Rafael Cohen Related ...

PayPal offers pocket money for the 21st Century
Tech Digest — ... notify the parent and ask them to approve or deny the request. At the moment, the feature is in an invite-only beta period, and there's no word when it'll open up wider. I suspect it might be a little while before we see it in the UK too, so for the moment, you'll have to stick with the old 'hand-them-cash' approach. Sorry. How much pocket money did you get as a kid? Let us know in the comments. I got £3.50 a week in the mid-90s. Paltry compared to my friends. Paypal (via New York Times) Related posts: Wadja wants to save mobile users money by offering free text ...

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