This Thursday Paypal Opened its payment system to many 3rd party developers , so that they can embed Paypal on to their websites and make online transactions for internet based services .

“PayPal will be the first and only global payment service open to third-party developers,” PayPal President Scott Thompson said at the launch event, Adaptive Payments includes a variety of tools for creating new payment tools. For example, it allows one payee to take its cut of a customer’s payment and then split the rest among partner companies. Developers can also separate transaction approval from payment so the payment can take place offline or in some other setting with another approval, Bedier said. Adaptive Payments could also support payments over set-top boxes or mobile gaming platforms.

Several companies joined PayPal with plans to use or support Adaptive Payments. Most notably, Microsoft said it will enable developers to embed PayPal payment systems in applications developed and delivered on Azure, its cloud computing infrastructure due later this year. TwitPay, a startup offering payments on Twitter via PayPal accounts, is a beta tester of Adaptive Payments. It used PayPal’s APIs to create capabilities such as making a single payment that is split up among several recipients, said TwitPay CEO and cofounder Michael Ivey. Among other things, TwitPay allows users to settle debts, run up tabs and get paid for Twitter-based applications, he said.

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Microsoft earlier this Wednesday , Had Finalized the coding of The New Windows 7 Operating System .  It’s launch will be initiated at October 22 into the retail markets and New Pc’s

“That is our final engineering milestone in what has been a three-year journey,” said Mike Angiulo, general manager for planning in the Windows unit.

The Software Manufacturer has also introduce several new features into the New Windows 7 , hoping to see better reviews that the previously made version -Windows Vista . The new Windows 7 has an even better look and performance . According to it’s appearance , it has a new improved task bar and a feature that lets users peek at one particular window or see the desktop that is hidden below all of the windows . On the basis of it’s performance ,  it is seen that it runs better with notebook and low-end PC’s , It boots up and shut’s down quicker.

The Different Versions of Windows 7 includes – The Starter’s Edition  to the high-end Ultimate Edition .

Yahoo has last redesigned it’s homepage . The new page combines what Yahoo calls “broadcasting” elements, which are the same news and resource links for everyone, with “narrowcasting,” which are highly customized home pages made popular by My Yahoo, iGoogle,   Netvibes and others.

More of all Yahoo has also added a couple of 3rd Party websites which has become a key addition. Users can now log into their AOL and Gmail accounts. More of all it has included many other 3rd part websites like Twitter , MySpace , Flickr and Facebook.

Yahoo has even plans to bring out new featrues over time , that bring even more 3rd party applications and contents on to the site.

It also allows Users to add applications on to the sidebar – Which are soon to come .

Hello People

Google Wave ! , I guess so it’s the new trend on twitter . Well What is it all about ?

Google Wave is a new tool for communication and collaboration on the web, coming later this year. Watch the demo video below, sign up for updates and learn more about how to develop with Google Wave. - Google

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