Megastar Media

PayPal lands Alibaba deal

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In a city filled with foreclosures and abandoned buildings, East Warren Avenue on Detroit’s east side could be called the epicenter. Banks own 1,331 buildings in the surrounding 48224 zip code. More than 7 percent of homes in the area were in foreclosure last year — the highest rate in the city.

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In its first full quarter since emerging from a whirlwind trip though bankruptcy, CIT Group returned to profitability.

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Senator contests Facebook’s new approach to privacy

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To motivate the well-off to funnel more of their cash into small businesses, should the federal government offer investors new tax breaks?

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Watch out, iPhone.

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Yahoo and Samsung announce new global partnership

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For most entrepreneurs-in-training, the best part of a business plan competition is the feedback from judges who pitch and scrutinize business ideas in the real world. But the judges also benefit: Events like these are ideal grounds for casing new ideas and networking with peers.

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Losing Internet access is a Web geek’s worst nightmare. So when 19-year-old Felix Kitaka ran out of money to pay for the pricey dialup connection at his Kampala home last year, the young software developer was distraught. Without Web access he wasn’t going to be able to finish the Facebook application he was working on — and even if he were able to raise the money to pay his overdue bills, he wouldn’t be reconnected for weeks.

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Remember what it was like to navigate an MP3 player for the very first time? Now imagine that challenge multiplied by the hurdles of old age: arthritic fingers, weak vision, the works.

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