PayPal and Softbank said Wednesday they will form a new joint venture to pursue online transactions business in the country.

EBay is hiring for a development center it is setting up in Bangalore, its second in the country.

EBay's first-quarter net income has grown 20 per cent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites.

The first wave of Raspberry Pi computers -- credit card-size devices that are designed to serve as teaching aids -- shipped this weekend after a series of delays. However, manufacturer RF Technologies is already out of stock again.

EBay has tapped David Marcus to replace Scott Thompson as president of PayPal effective April 2, the company announced Thursday.

With the past week being dominated by CES announcements, it can be pretty hard to keep up with what was happening outside of Vegas. Worry not! GeekTech brings you the condensed guide of what else has been going on in the world of geek.

The most popular Web sites are under increasing pressure to add support for IPv6, a long-anticipated upgrade to IPv4, the Internet's main communications protocol.

Research In Motion (RIM) this morning listed an early version of its new eBay for BlackBerry e-commerce application for download on its BlackBerry App World software store. The free, beta application lets BlackBerry users with eBay accounts search for items of interest, buy products--via PayPal--and check on account activity, all from their BlackBerry smartphones.

EBay has defended its policies on the reselling of event tickets on its site following the mass posting of AC/DC tickets on its site just hours after the tickets went on sale, and promptly sold out, yesterday.