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Google introduces Google Wallet, a new mobile platform for contactless payments.

Google unveiled such a system Thursday, and this new payment method allows mobile phones to be swiped like a credit card, allowing goods to be paid for on the spot. This means your phone becomes your wallet.

Google will launch two new services - Google Wallet and Google Offers - which will enable consumers to pay and use coupons using the mobile phones, according to Google during a press conference today.

Arab leaders were wrong to block Internet access in an effort to quell popular revolts as such moves only hurt their own economies, Google Chairman Eric Schmidt said on Thursday.

Thursday, Google officially announced the debut of Google Wallet and Google Offers mobile payment services, which could potentially threaten rival services such as Paypal, credit cards, and Groupon.

Last night's American Idol finale featured some of the biggest stars in the music business rocking the stage.

Amazon is once again offering Lady Gaga's Born This Way album for $0.99 after its initial offer on Monday brought down its servers due to heavy demand.

Google Wallet, a mobile payment system on Android-based Sprint smartphones, is expected to be unveiled at a media event in Google's New York office, at 12 p.m. today.

Yahoo hosted its investor day on May 25 and as expected Yahoo Japan, display business and search growth took center stage.

Software giant Microsoft should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York.

The EU cookie law will take another year to be enforced as the UK government ensures the websites there would be no overnight changes.

Google will unveil a new payment system tomorrow, a move the company hopes will pit the search-giant against companies like Visa and Mastercard.

Google Inc Chairman Eric Schmidt and Facebook founder Mark Zuckerberg warned governments to tread lightly on Internet regulation because moves to tame its rough edges risked hurting its virtues.

Google's long awaited mobile wallet or Near Field Communication (NFC) enabled smartphones which will make processing payments with a mere wave of the phone near a point-of-sale a reality is due to be unveiled on Thursday.

Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch.

Google will unveil a mobile payment system on Thursday, May 26th, and it will run on the Android operating system available on Sprint Nexus S phones.

Google Inc will launch a mobile payment system on Thursday, in the latest bid to help consumers pay at the checkout with smartphones instead of traditional credit cards, a person familiar with the matter told Reuters on Tuesday.

Internet search firm Yandex declared itself better than Google as it debuted on the Nasdaq on Tuesday, and signaled it has ambitions to expand beyond its Russian heartland.

Shares of Russian Internet company Yandex NV surged more than 40 percent in their debut on Tuesday, in the largest U.S. initial public offering in the Internet sector since Google Inc.

Yahoo! Inc. (NASDAQ: YHOO) will be hosting its 2011 investor day on May 25. Caris & Co. said this time the focus of most attendees will be on international assets and especially the company's stake in Alibaba Group.

The Google and Mozilla are testing versions of the Chrome and Firefox browsers to hide URLs.

Internet heavyweights are gathering in Paris for a two-day technology forum hosted by French President Nicolas Sarkozy.

International Business Machines (IBM) has edged past old rival Microsoft Corp in market value for the first time since April 1996.

The much awaited Google Science fair list of finalists is announced on Google's official blog.

Music Locker war just got fiercer as Amazon announced its deal of the day, Lady Gaga's brand-new album Born this way up for grabs for $0.99.

Criticisms have flared up this week if Google Android 2.3 operating system, Gingerbread, is already within the Android 3.0 Honeycomb.

Just ahead of G8 talks, French President Nicolas Sarkozy is all set to host a two-day technology forum in Paris next week, Reuters reported.

Apple iOS and Android are the leading operating systems in the smartphone arena. Since Android is an open platform, manufacturers have been able to adopt Android with ease and spend more time on developing features instead, thereby resulting in a wide variety of features unique to specific Android models.

Matteo Lopes, the 7-year-old winner of Doodle 4 Google contest winner, is spending his weekend in New York City.