In a strange yet potentially devastating move for Indian companies and freelancers, the Reserve Bank of India (RBI) has introduced new directives which forces PayPal to restrict any payment for out-of-country services or goods to $500. This means companies and individuals from India wanting to sell services or products to customers outside of the country will have to keep it to a maximum price of $500 per transaction or do so using other means.

It's unclear why the restrictions were added. It's likely that this will impact the economy of the country, which is becoming very popular in several tech related sectors, especially over the Internet, where PayPal payments are common. The likely outcome is increased corruption, and alternative means of money exchange booming as a result of this.

Read More | PayPal Blog

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Lenovo ThinkPad Deals

Today’s Deal of the Day saves you money Lenovo ThinkPad laptops. You get 20% off the on the T410s, X201, Edge, Tablet, W series, and others. Even better? You get a free 4 GB RAM upgrade on these as well, and shipping is free.

Save 20% on Lenovo ThinkPad laptops

Don’t forget, if you’re looking for other deals, be sure to check out our Newegg Promo Code thread.


google elements table

Google published a pretty impressive page with all of their developer products in a table of the elements-style arrangement. It fills the whole screen and shows off the sheer amount of products the company is working on. Some are well known like Gmail and Picasa. Others, like Google Secure Data and BigQuery, are pretty obscure. Check it out if you're interested in the inner workings of the biggest search engine out there.

Read More | Google

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netflix isp report card

Netflix published a very interesting set of charts showing the performance of various networks in Canada and the US. Taking only HD content, they rate each network based on how much throughput they can achieve, or how much bandwidth they can provide to their customers over the length of a streamed movie. While the Canadian Internet providers are very close to each other, there are major differences for the US. If you're streaming video or high demand data online regularily, Netflix or otherwise, this may give you a good indication on which carrier fares better. Hit the break for a look at the numbers.

Click to continue reading Netflix rates broadband providers in US and Canada by bandwidth performance


itunes 10.1.2 cdma iphone

If you've got the Verizon iPhone on your mind, you're gonna wanna be sure to grab iTunes 10.1.2, available now from Apple. Aside from bug fixes and performance updates, this version of iTunes carries CDMA iPhone support with it. Fire up Software Update now to nab it.


vizio e470va 1080p lcd promo code

We've got another Vizio deal to feature in our Deal of the Day - this time you get 23% off the cost of the Vizio E421VA 42-inch 1080p LCD HDTV set. When all is said and done, you get a discount of $160, and walk away with a 42-inch set for $549.99, with free shipping:

Save 23% on Vizio E421VA 1080p HDTV

Don’t forget, if you’re looking for other deals, be sure to check out our Newegg Promo Code thread.


With the release of Dead Space 2 across platforms, EA Mobile released an iOS version of the game. Coming in at $6.99 for the iPhone and $9.99 for the iPad version, this is more than just a companion app, it's a fairly extensive, full featured game, with multiple weapons, sceneries, moving vehicles, story and so on. The whole plot and setting feeds into the Dead Space universe to create a full mobile experience.


facebook group buying

Facebook revealed at the Social Apps Conference that they are currently in the testing phases of a new feature for the social networking site called "Buy With Friends" which is a kind of group buying option. When someone buys a virtual item in an app or game, and posts about it on their news feed, any of their friends will be able to buy the same item directly from that news feed, at a discount. This will allow people to save money on virtual goods, and incitate more people to purchase items. It's a small feature, but that could bring a lot of money if it takes off.

Read More | Mashable

Google fights piracy by censoring BiTtorrent, RapidShare, and Megaupload

The age of Google censorship is finally here. Google announced several weeks ago that they planned on rolling out censorship of "piracy related" keywords. Pressure from the RIAA and MPAA has resulted in keyword censorship by Google. Phrases that are currently being censored include: BitTorrent, torrent, utorrent, RapidShare and Megaupload. Interestingly, the censorship does not apply to Google's full search results, and the questionable keywords are only being filtered out of Google's "Autocomplete", and "Instant" services. 

Reports are coming in that Google's censorship is arbitrary. "What is most surprising about the new filter is that the keywords appear to be picked arbitrarily. It includes BitTorrent clients such as uTorrent and Xunlei, but not BitComet and Vuze. While cyberlockers such as RapidShare and Megaupload are banned, prominent sites such as 4shared, HotFile and MediaFire are not." 

This has created an interesting situation for Google. Are they becoming the very thing they despised when they left China? China's censorship of Google was a major factor in the company leaving that country, and now the shoe is on the other foot. 

What do you think about Google's censorship? is broad censorship of arbitrary keywords the answer to stopping piracy? What about the large number of honest BiTtorrent users that will be affected?  

Read More | TorrentFreak

Barnes & Noble

If you're wondering where to invest your money now that Borders Books is in a state of freefall, you might hold off on putting some of your hard-earned money into the competition, Barnes & Noble.

“At the moment booksellers are something to avoid as an investment. Across the board, even for B&N, losses have exceeded expectations. Economics of digital business for B&N look worse than they should.”

-- Goldman Sachs analyst Matt Fassler speaking at Digital Book World.

[Artwork: Where Print Goes To Die]

(Make sure to check out other notable quotes.)

Read More | Teleread

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