Sponsored by Ebay

Google took the wraps off of Google Wallet, its new mobile payment system, making the announcement on Thursday from the company's New York office. Mobile payment systems have drawn the interest of banks and retailers, and the industry is hoping consumers will adopt the systems as well.

Google Wallet is set to face tough time as PayPal has filed a lawsuit for stealing trade secrets, barely hours after Google officially launched Google Wallet and Google Offers services.

PayPal is suing Google for stealing the trade secrets that allowed it to start its smartphone payment business.

EBay and its online payment unit PayPal Inc on Thursday filed suit against Google Inc and two executives for trade secret misappropriation related to mobile payment systems.

EBay and its online payment unit, PayPal Inc, on Thursday sued Google Inc and two executives for stealing trade secrets related to mobile payment systems.

The Philip Treacy hat that caused a stir at the Royal Wedding raises over six figures for charity

LONDON (Reuters Life!) - The much-mocked hat worn by Princess Beatrice to Britain's royal wedding last month -- widely described as looking like a toilet seat -- sold for 81,100 pounds ($131,000) on eBay, charities which will benefit from the sale said.

The Princess put the Philip Treacy hat she wore to the Royal Wedding on Ebay to raise money for charity

The zany hat Princess Beatrice wore to Britain’s royal wedding last month, is up for sale for £20,200, or more than $30,000 on eBay.

Alibaba puts Yahoo's position in China in jeopardy as it spun off its online payment service Alipay.

Much buzz surrounded the fascinators worn at the wedding by the guests. The fascinator worn by Princess Beatrice truly caught the attention of the public. People now have the opportunity to own that very same fascinator.

Remarks by the President on Comprehensive Immigration Reform in El Paso, Texas

Microsoft today agreed to buy Skype, the world's most popular Web-calling service, in a move to narrow Google's lead in Web advertising.

President Barack Obama‘s speech on immigration in El Paso, Texas on May 10, 2011.

If you have a couple million dollars to spare and a taste for steak, Warren Buffett is looking for lunch companions.

Wall Street extended its rally for a third day on Tuesday as investors turned more conservative after last week's decline and embraced defensive shares.

Microsoft vows to support Skype on non-Windows platforms.

The Apple iPad 2 frenzy in China took a violent turn when a scuffle broke out between a customer and an Apple Store employee, leaving four people injured.

EBay Inc's efforts to make its marketplaces more appealing to online shoppers paid off in the first quarter as more people bought items on its auction site, and its PayPal payment system was used by more merchants.

EBay Inc reported a higher than expected quarterly profit as more people bought items on its auction site and its PayPal payment system was used by more merchants.

When Amazon.com and eBay report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.

When Amazon.com Inc and eBay Inc report quarterly results next week, investors will try to determine how well the e-commerce rivals' expensive fight for shoppers is paying off.

EBay Inc said it would buy Where, a company that delivers local advertising to mobile phones, in its latest push to allow more retailers to do business with customers through its services.

Caris issued a list of public internet companies with most cash and the companies include Microsoft, Google, Amazon, eBay and Yahoo.

Walker Digital, a research and development laboratory for technology patents, filed 15 lawsuits on Tuesday against more than 100 companies including Apple, Microsoft, eBay, Amazon and Google for unauthorized use of its intellectual property rights.

EBay Inc will buy most of the stake it does not already own in a Turkish auction website, in its latest move to strengthen its main marketplaces business.

Cisco is acknowledging that it's made some missteps and is working to move forward and address its organizational complexity, lack of competitive products, focus, and time to market.

Apple’s annual event that connects iOS and Mac OS X developers with the company’s engineers, details future OS development plans, and offers focused training for developers and IT professionals. The event runs from June 6 through June 10 at the Moscone West Convention Center in San Francisco.Conference passes this year were priced at $1,599 but sold out in less than three days. eBay bids are up to $4,600.

(Corrects 14th paragraph to say to Sacramento instead of from Sacramento)