Is PayPal on the Ropes?

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The hits are coming fast and furious to PayPal in what's adding up to be the most serious threats to the payment system giant to date. Three of the most powerful banks in the U.S. – Bank of America N.A., JPMorgan Chase & Co. and Wells Fargo – have come together to create clearXchange, a person-to-person mobile payment system…. [[ …

Cisco Sued, Accused of Helping Design China’s Great Firewall

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Following a lawsuit filed against Baidu by eight Chinese New York residents last week, there’s news this morning from The Wall Street Journal that Chinese Falun Gong practitioners have sued Cisco in US […] Related posts: Baidu Sued By Eight New York Residents Over Censorship Bloomberg is reporting this morning that Chinese search giant Baidu… Facebook Introduces New Profile Design …

BliBli: A New Player in Indonesian E-Commerce

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The Indonesian e-commerce battle recently has a new combatant: Blibli.com, which is owned by PT Global Digital Niaga, a subsidiary of Djarum Group. The ownership of Blibli.com is also shared with BCA, one […] Related posts: First Look Inside ‘Baidu Ting’, the Chinese Search Giant’s Licensed Music Player Here’s a first look inside the upcoming licensed music player… Indonesian uses …

CyberAgent Ventures Invests $1 Million in Taiwan’s iPeen

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Japanese investment firm, CyberAgent Ventures has recently invested $1 million in Taiwan’s iPeen for 20 percent stake, valuing iPeen at $5 million. iPeen is one of the largest user generated restaurant review websites […] Related posts: Japan’s DOCOMO Invests $175 Million In Tata Teleservices of India NTT DOCOMO, Japan’s mobile operator giant, has announced today that… East Ventures Jakarta Ventures …

Skype Founder, Zennstrom hunts for Innovative Start-ups in China

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There are a lot of giant technology companies in China. But they were all modeled after the U.S: Baidu was inspired by Google, Renren by Facebook and Jiepang by Foursquare. What China is […] Related posts: Tips to Find a Good Co-founder for your Start-up It is tough to be a solopreneur. You enjoy all… Tips to Find a Good …

Report: Ad Startup Rejects Google Acquisition Bid

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As a rule, Google doesn’t put out press releases when it fails to acquire companies, making a new rumor difficult to confirm.  But the search giant may have tried to purchase an advertising firm called Admeld, and, despite having a solid reputation and more cash than many countries, been unsuccessful. Of course, Google probably didn’t bring every penny of its …

OpenX Launches New Ad Platform, Secures Groupon As Customer

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Assuming it didn’t already, OpenX should definitely have Google’s attention now.  The company launched an updated version of its OpenX Enterprise ad technology today, and in the process, announced that it’s secured Groupon and Orange (the telecommunications entity) as customers. An OpenX spokesperson explained in an email to WebProNews, "OpenX’s new platform, the company’s Software as a Service ad serving …

Nokia, Tencent and Sina to launch new Location-based Service in China

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Nokia’s Ovi Map is widely popular in China and the mobile maker giant is eyeing to provide location-based service in China through its partnership with local Internet giants Tencent and Sina. The new location-based service will be built on top of Ovi Map and set to launch during the first quarter of this year, according […] Related posts: Tencent to …

There are 300,000 Facebook users in China but they still prefer Renren

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Facebook is blocked in China but that didn’t stop them from using Facebook, even though it is just a small group on it. There are a total of 295,400 people using Facebook in China, according to Facebook statistics. In other words, 7 out of every 10,000 Chinese online users are on the world’s largest social […] Related posts: Facebook, RenRen …

Think Google PageRank Doesn't Matter? Think Again.

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It looks like Google wants you to think PR doesn’t matter, but don’t let them fool you! For more than a decade now, Google has been trying to retrieve this metric from the radar of webmasters. That Google has stopped pushing regular updates to their toolbar is one more step in the strategy to convince you that PageRank doesn’t matter …

Google Buying NY Office Building For $1.9 Billion

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An odd rumor that circulated in late October has now been confirmed.  Search and advertising giant Google is getting into real estate, signing a contract to buy an extremely large office building in New York City for about $1.9 billion. Google’s already a tenant in the building, but this move isn’t a simple "why rent when you can buy?" scenario.  …