iPhone 3G S Coming: Businesses Pay Attention

AT&T announced today that it will begin offering the Apple iPhone 3G S on June 19th. People will be able to preorder them starting today at 5pm ET.

"iPhone 3G S is the fastest, most powerful iPhone yet, and we’re extremely proud to offer it to our customers on the nation’s fastest 3G network," said Ralph de la Vega, president and CEO, AT&T Mobility and Consumer Markets. "We’re also pleased to offer these innovative phones and plans at incredible values, including free Wi-Fi access at nearly 20,000 hot spots." Pricing is as follows:

Why PayPal is Holding Onto Some eBay Sellers’ Money

PayPal requires reserves for a percentage of sellers. That percentage is less than 1% according to the company. PayPal likens the reserves to a security deposit to cover future chargebacks and reversals.

Since PayPal began this practice, they have had a lot of questions about it from sellers, and hoping to clear up some confusion, Bill Clark, an analyst with PayPal’s risk team offered the following explanation on the PayPal Blog:

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