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Yahoo! News: Internet News
Google's e-mail gets social in Facebook face-off (AP)

\"InAP - Google Inc. opened a new social hub in its e-mail service on Tuesday, leaving little doubt that the Internet search leader is girding for a face-off with Facebook.


Google Buzz Aims To Social-Network Gmail Users (NewsFactor)
NewsFactor - Google has watched more or less on the sidelines as social-networking sites -- most notably Facebook and Twitter -- have captured the public's attention. Facebook, especially, has become more than a destination web site. It has become a user-centric world where users communicate via status updates, third-party applications, and shared groups.
Baidu profit surges nearly 50 percent in fourth quarter (AFP)

\"AAFP - Chinese Web search giant Baidu, which stands to potentially benefit if Google pulls out of China, posted a nearly 50 percent increase in quarterly net profit on Tuesday on sharply higher revenue.


PayPal: India Payments Suspended for 'at Least a Few Months' (PC World)
PC World - PayPal said a ban on personal transactions to and from India will continue for \"at least a few months\" while the online payment service tries to resolve a problem with local regulators.
Online ad improvement seen in IAC's 4Q loss (AP)

\"InAP - Internet company IAC/InterActiveCorp lost $1 billion in the fourth quarter because it wrote down the value of its search business, but the results beat expectations and offered the latest indication that the online advertising market is improving.


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