Miramax films stream to Facebook

Hollywood studio Miramax on Monday began making some of its films available for online viewing as rentals at social networking powerhouse Facebook.

Yahoo! says Alipay talks 'constructive'

Alibaba Group stakeholder Yahoo! said talks aimed at resolving a rift over Chinese online payment platform Alipay have been "constructive."

China's Alibaba splits online shopping unit Taobao

China's largest e-commerce company Alibaba Group announced Thursday it has split its consumer online shopping platform Taobao into three firms to adapt to an increasingly competitive landscape.

Rivals likely to reach for Google's 'Wallet'

With the announcement of "Google Wallet" the Internet giant became the first player to dash into a future where people use smartphones as credit cards, but rivals are expected to cut its lead short.

China grants Alibaba payment system license

(AP) -- An online payment system founded by Chinese e-commerce giant Alibaba Group was granted a government license, the company said Thursday, following an ownership change that rattled investors in partner Yahoo Inc.

American Express makes digital wallets

American Express on Monday launched an online financial transactions service that it claims goes beyond what others provide in a market dominated by PayPal.

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