China's Alibaba teams up with US PayPal

Yahoo! said Monday it has joined forces with China's Alibaba.com to create an Internet company.

US Internet company Yahoo! announced on Monday that it has sold its one percent stake in Hong Kong-listed e-commerce company Alibaba.com for some 150 million dollars.

(AP) -- PayPal, the online payments unit of Internet auction site operator eBay Inc., plans to double its staff in Asia to 2,000 by the end of the year.

(AP) -- PayPal suffered periodic breakdowns that crimped Internet sales for more than four hours Monday.

(AP) -- The online payments service PayPal has taken the unusual step of suspending many transactions in India for more than a week.

PayPal plans to throw open the doors of its software platform to enable outside developers to build innovative tools using the online financial transaction service.

Internet mogul Kim Dotcom said Thursday he was considering taking legal action against tech giants such as Twitter, Google and Facebook for infringing copyright on a security measure he invented.

Twitter said Wednesday it was stepping up security measures for the popular messaging service following a series of high-profile breaches by hackers hitting media organizations and others.

Facebook on Wednesday became a full member of the Global Network Initiative, a non-governmental organization promoting Internet freedom and privacy rights.

A full 90% of all the data in the world has been generated over the last two years. The internet companies are awash with data that can be grouped and utilised. Is this a good thing?

Australian children are accessing social media websites at an increasingly younger age, a new survey suggests, with one in five "tweens" admitting they have chatted to someone online they do not know.

American teenagers are sharing more information about themselves on social media sites, but taking steps to protect their privacy online, a study showed Tuesday.