Amazon is wading further into the business of processing payments for other Web sites, going head to head with the eBay-owned PayPal and Google’s fledgling Checkout service. In a blog post today, Amazon’s Jeff Barr announced the Amazon Flexible Payment Service – a way for other companies and developers to use Amazon’s payment system on their own Web sites
At Netflix, Victory for Voices Over Keystrokes
Technology start-ups
TIME to dust off the dotcom party hats again? Investors drove up shares in VMware, a Silicon Valley software maker, by 76% on its first day of trading on August 14th. That pushed its valuation to $19 billion, and stirred memories of the much-hyped technology initial public offerings (IPOs) of the internet boom. But the chances of Bubble 2.0, let alone Bust 2.0, are mercifully slim.
American airlines-Cash or cookies?
China's toxic toymaker
Procter & Gamble- Will she, won't she?
Error in Skype’s Software Shuts Down Phone Service;
The online telephone service Skype was not working for much of the day on Thursday, leaving its 220 million users, some of them small businesses that had given up their landlines, without a way to call colleagues, customers and friends...
The Skype network uses a so-called peer-to-peer infrastructure, meaning that calls are routed through other users’ computers instead of a central hub. But it does have servers around the world, known as supernodes, that manage access to the network. A flaw in a crucial piece of software that connects users to these servers appears to have been the source of the problem.
Skype engineers said the flaw existed in every copy of the Skype software that had been downloaded since the service’s start in 2003
Fearing Slide in Economy, Fed Cuts Its Discount Rate
Economists React: ‘Lifting the Wizard’s Curtain’
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