PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to traditional paper methods such as cheques and money orders.

A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a cheque from PayPal, establish their own PayPal deposit account or request a transfer to their bank account.

PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient’s account type.^[2] In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies.

On October 3, 2002, PayPal became a wholly owned subsidiary of eBay.^[3] Its corporate headquarters are in San Jose, California, United States at eBay’s North First Street satellite office campus. The company also has significant operations in Omaha, Nebraska; Scottsdale, Arizona; and Austin, Texas in the U.S., Chennai, Dublin, Kleinmachnow (near Berlin) and Tel Aviv. As of July 2007, across Europe, PayPal also operates as a Luxembourg-based bank.

On March 17, 2010, PayPal entered into an agreement with China UnionPay (CUP), China’s bankcard association, to allow Chinese consumers to use PayPal to shop online.^[4] PayPal is planning to expand its workforce in Asia to 2,000 by the end of the year 2010.^{[5][6][dated info]}

Between December 4–9, 2010, PayPal services were disrupted due to denial-of-service attacks organized by Anonymous in retaliation for PayPal’s decision to freeze the account of WikiLeaks citing terms of use violations over the publication of leaked US

http://en.wikipedia.org/wiki/Paypal

YouTube is a video-sharing website on which users can upload, share and view videos, created by three former PayPal employees in February 2005.^[3]

The company is based in San Bruno, California, and uses Adobe Flash Video and HTML5^[4] technology to display a wide variety of user-generated video content, including movie clips, TV clips, and music videos, as well as amateur content such as video blogging and short original videos. Most of the content on YouTube has been uploaded by individuals, although media corporations including CBS, BBC, Vevo, Hulu, and other organizations offer some of their material via the site, as part of the YouTube partnership program.^[5]

Unregistered users may watch videos, and registered users may upload an unlimited number of videos. Videos that are considered to contain potentially offensive content are available only to registered users 18 years old and older. In November 2006, YouTube, LLC was bought by Google Inc. for $1.65 billion, and now operates as a subsidiary of Google.

http://en.wikipedia.org/wiki/Youtube

Digg is a social news website. Prior to Digg v4, its cornerstone function consisted of letting people vote stories up or down, called digging and burying, respectively. Digg’s popularity prompted the creation of copycat social networking sites with story submission and voting systems.^[6] The website traffic ranked 143rd, behind its long-competitor Reddit, by Alexa.com as of June 11th, 2011.^[5] Quantcast estimates Digg’s monthly U.S. unique visits at 8.5 million.^[7]

http://en.wikipedia.org/wiki/Digg

Amazon.com, Inc. (NASDAQ: AMZN) is a US-based multinational electronic commerce company. Headquartered in Seattle, Washington, it is the largest online retailer in the United States, with nearly three times the Internet sales revenue of the runner up, Staples, Inc., as of January 2010.

Jeff Bezos founded Amazon.com, Inc. in 1994 and the site went online in 1995. The company was originally named Cadabra, Inc., but the name was changed when it was discovered that people sometimes heard the name as “Cadaver”. The name Amazon.com was chosen because the Amazon River is one of the largest rivers in the world and so the name suggests large size, and also in part because it starts with “A” and therefore would show up near the beginning of alphabetical lists. Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, computer software, video games, electronics, apparel, furniture, food, and toys. Amazon has established separate websites in Canada, the United Kingdom, Germany, France, Italy, Austria, Japan, and China. It also provides international shipping to certain countries for some of its products.

From.. http://en.wikipedia.org/wiki/Amazon.com

Facebook is a social networking website that connects people with friends, relatives and associates. The site allows you to create a profile and stay in touch with your network by receiving notifications of new activity and viewing others’ interests.

Mahalo’s experts guide you through the steps of setting up an account, updating, adding and changing your information. Signing up for an account is free, and they are available to anyone over the age of thirteen with an email address.1 Once on Facebook, you can build a network of friends and associates and share your pictures, favorites and statuses with them.

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