InternetAmazon Launches PayPal, Google Checkout Competitors (NewsFactor)

NewsFactor - Without the fanfare that typically accompanies such product announcements, Amazon.com on Tuesday launched two new online-payment options that target small businesses. That makes Amazon.com a direct competitor with both Google Checkout and eBay's PayPal.

Without the fanfare that typically accompanies such product announcements, Amazon.com on Tuesday launched two new online-payment options that target small businesses. That makes Amazon.com a direct competitor with both Google Checkout and eBay's PayPal. Amazon is billing Checkout by Amazon as a complete e-commerce checkout solution that provides small business customers a secure and trusted checkout experience. It offers features like Amazon 1-Click, as well as tools for businesses to manage shipping charges, sales tax, promotions and post-sale activities like refunds, cancellations and chargebacks. The second service, Amazon Simple Pay, is a set of payment-only products that allow a small merchant's customers to use payment information from their Amazon.com account as a payment method on the merchant's Web site. Checkout by Amazon Checkout by Amazon promises low friction for Amazon customers. Customers can use the information from their Amazon.com account and other Web sites powered by Amazon.com to complete purchases on the merchant's Web site without having to re-enter their shipping address or payment information. Checkout by Amazon also provides the familiar Amazon.com checkout experience. Checkout by Amazon can identify Amazon.com customers shopping on the merchant's Web site and offer them Amazon's 1-Click experience, and also makes way for merchants... [ Read more on www.yahoo.com ]

InternetItalian Broadcaster Sues YouTube for $856 Million (NewsFactor)

NewsFactor - YouTube, the popular video-sharing Web site, and its owner, Google, are being sued for allegedly distributing nearly 5,000 copies of programming owned by a Milan, Italy-based company.

InternetComcast Sees VoIP, ISP Growth

IP-based services help the bottom line as the cable giant becomes a greater force -- particularly in Internet telephony.