At 500 Startups' Smash Summit in New York today, Robert Scoble revealed that PayPal is launching something big with Facebook in two weeks, and that it would be a more expansive partnership than the existing PayPal-Facebook integrations. This announcement is coming at PayPal's X.commerce Innovate conference in two weeks, we've confirmed with the payments giant, and Katie Burke Mitic, who leads Platform Marketing for Facebook will be making an announcement.

Last year, PayPal announced its new mic [...]

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