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.

• Will Yahoo CEO's misstep kill company momentum?

  All the momentum and vision that Yahoo CEO Scott Thompson has been building for the struggling company may have been thrown off course.

• 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.

• A Report on ICANN 43: New gTLDs and DNSSEC

  The ubiquity of mobile devices, the shift to "choose it yourself" top-level domains and the availability of internationalized domain names will profoundly impact the relationship between your network and your network users. In this biweekly column, Ram Mohan, a non-voting ICANN board member and "Security and Stability Advisory Committee Liaison," chronicles these and other developments in this biweekly Network World column.

• Bump Pay will let users exchange money by bumping smartphones

  The startup Bump Labs threw its hat into the crowded mobile payments ring on Thursday, launching an app that allows people to exchange money by tapping their phones together.

• 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.

• PayPal plans to enter China, India online payment markets

  EBay subsidiary PayPal plans to enter China and India's online payment markets, marking a major push by the U.S. company in the region.

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  Content sanitized for whose protection?

  It's a fascinating aspect of modern culture that even as we gain ever greater access to information, news and entertainment there are puritanical groups in our society who repeatedly attempt to push us back to some better, nicer, safer, prudish and, in many ways, more ignorant society. And the villain in the quest to "clean up Dodge" is not always who it might appear to be.

• PayPal unveils mobile payment system for small businesses

  PayPal is targeting small businesses, service providers, and casual sellers on the move with its new PayPal Here service which allows vendors to process a variety of payments including checks and cards using their mobile phones.

• 7 hot security companies to watch

  There's a rush in security startups looking to tackle everything from identity management to encrypting cloud data. Here are some of the latest companies worth keeping an eye on.

• PayPal draws the line on erotic books, as criticism mounts

  PayPal said Thursday it does not allow its service to be used for the sale of erotic books, but said it was to stay out of legal trouble, and not to impose its moral beliefs on others or restrict free speech.

• 'Big data' creating big career opportunities for IT pros

  New job opportunities are emerging for IT professionals in the field of "big data," the term used to describe how corporations gather vast amounts of real-time data about their customers and analyze that data to drive decision making and increase profitability.

• Blogger exposes major Google Wallet security flaw

  If you took one look at Google Wallet and said to yourself, "There's no way that's completely secure," it turns out you were right.

• Google, Microsoft, Facebook, Bank of America team to wipe out phishing

  Can industry heavyweights Google, PayPal, Microsoft and AOL -- along with 11 others in high-tech such as Facebook and LinkedIn, as well as the financial world's Bank of America and Fidelity Investments -- succeed in stopping phishing attacks right in their tracks? In uniting behind an effort called DMARC.org unveiled today, the group says it can through policy-based steps filter out spoofed email that attackers use for phishing.