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News

• PayPal, Softbank to form Japan joint venture, launch PayPal Here service

  PayPal and Softbank said Wednesday they will form a new joint venture to pursue online transactions business in the country.

• EBay setting up a second development center in India

  EBay is hiring for a development center it is setting up in Bangalore, its second in the country.

• Apple WWDC: Hot ticket sells out in 2 hours

  Apple WWDC, the company's Worldwide Developers Conference, sold out in just 2 hours Wednesday morning, smashing last year's record 10-hour sellout. 

• Apple sets WWDC for June 11-15, bars ticket resale

  Apple today announced that its annual developers conference would run June 11-15 in San Francisco.

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  EBay posts higher first quarter net income

  EBay's first-quarter net income has grown 20 per cent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites.

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  Raspberry Pi hits the shelves – briefly

  The first wave of Raspberry Pi computers -- credit card-size devices that are designed to serve as teaching aids -- shipped this weekend after a series of delays. However, manufacturer RF Technologies is already out of stock again.

• Yahoo laying off 2000 workers to save $US375 million

  After weeks of rumors of a pending reorganization, Yahoo has the company is laying off about 2000 workers.

• EBay taps mobile payments innovator David Marcus for PayPal president

  EBay has tapped David Marcus to replace Scott Thompson as president of PayPal effective April 2, the company announced Thursday.

• E-commerce trade group: Mobile geolocation privacy bill is 'awful'

  U.S. Senate legislation that would require mobile apps to get permission to check the geolocation of a user is among the bills that make up trade group NetChoice's latest list of "awful" bills for e-commerce.

• eBay CISO receiving security industry lifetime achievement award

  Dave Cullinane, chief information security officer at eBay, will be honored on March 28 in Boston with the SecureWorld Lifetime Achievement Award "for his outstanding contributions to the advancement of the information security community."

• Apple joins iPad trade-in bandwagon, offers competitive deals

  With the retail debut of the new iPad just a day away, Apple has joined a slew of other companies eager to buy used iPads.

• Few tech issues will move in Congress for the rest of the year

  As the U.S. Congress begins to gear up for November's elections, several technology-related issues remain unresolved. Lawmakers have pushed in recent months for new cybersecurity legislation, online copyright enforcement provisions, new online privacy protections and an Internet sales tax, but progress will get tougher in the coming months.

• eBay resellers cash in on iPad shortages

  eBay resellers are asking an average price of $591 for the base model of Apple's new iPad, or nearly $100 above list, the online auction site said today.

• Used iPad trade-in values tumble after Apple unveils new tablet

  Trade-in values for used Apple iPads plummeted as much as 26% after the company launched its newest tablet Wednesday and began taking pre-orders for delivery by March 16.

• Tech firms launch new QA internship program

  A group of U.S. technology companies has launched an IT internship program aimed at helping low-income young people get a start in the industry through quality assurance jobs.