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Major Yahoo shareholder launches board challenge

(AP) -- A major Yahoo shareholder has launched a campaign to win four seats on the Internet company's board, setting the stage for a nasty battle that could drag on for months.

PayPal fattens digital wallet

PayPal on Tuesday pulled out a revamped digital wallet service amid rumors it is poised to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.

PayPal reverses course on e-book sales ban

PayPal on Tuesday reversed a ban on the use of the online payments service for sales of electronic books portraying rape, incest and bestiality.

Irish PayPal expansion to create 1,000 jobs

US online payments giant PayPal is to create 1,000 new jobs in Ireland in a major expansion of its operations in the eurozone member, Prime Minister Enda Kenny said on Tuesday.

Yahoo! shakes up board to give firm new life

Yahoo! on Tuesday announced a boardroom shakeup to breath fresh life into a pioneering Internet firm that has been struggling to re-invent itself and appease disappointed investors.

HP awards new CEO Whitman with $16.5M pay package

Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician's ability to lift the stumbling technology company's stock price during the next two years.

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