Google is preparing an online-payment system that would compete with PayPal, according to an online retailer who has been approached by Google to take part in the effort.

In addition to representing a direct challenge to eBay, which owns PayPal, the largest Internet payment system, the move signals Google’s intention to become much more deeply involved in online commerce.

Google’s flagship search engine and its Froogle shopping service are significant sources of customers for Internet stores. But so far, Google’s only way to profit from its presence in online shopping is by selling advertisements that appear next to its search results and on Froogle pages.

Weirdo Jacko is now free. The 46-year-old singer was acquitted on all 10 felony counts brought against him, including four counts of lewd acts on a child under 14, one count of an attempted lewd act on a child under 14, four counts of administering alcohol to enable child molestation, and one count of conspiracy to kidnap a child, false imprisonment and extortion.

That’s a long list I must say.

Nokia announced on Friday that it is partnering with Intel to develop 802.16e - which could potentially support high-speed wireless access over much longer distances than are possible with Wi-Fi today.

Nokia and Intel say they will work together on to make WiMax suitable for mobile phones and notebooks. They also plan to develop ‘base station strategies’ to help operators to roll out 802.16e networks, and to push the finalisation of the 802.16e standard.

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Why not run Linux on your little iPod?

The iPodLinux Project provides the details of an open source venture into porting Linux onto the iPod.

Many additional applications have been written, adding many capabilities not found in Apple’s firmware.

Their bootloader allows for you to choose between either iPodLinux or Apple’s firmware each time you turn on your iPod. iPodLinux is currently safe to install on 1st, 2nd and 3rd generation iPods.

I must be late on this but McDonalds is providing free Coke refills now. I was just having a large Coke with a friend and the staff came and offered free refills. Now that’s something new.

On the other note, palmOne formerly Palm Inc. will be changing their name back to Palm Inc. for some wild reason.

palmOne will pay PalmSource US$30 million for PalmSource’s 55 percent share of the Palm Trademark Holding Company. Payment will be made in installments over 3.5 years. palmOne will change its company name to Palm, Inc. later this year.

As long as they keep coming out with great devices and updated OS, they can name their company COCONUT Inc. for all I care.