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Mobile Payment Systems Draw Interest from Banks, Retailers

Google took the wraps off of Google Wallet, its new mobile payment system, making the announcement on Thursday from the company's New York office. Mobile payment systems have drawn the interest of banks and retailers, and the industry is hoping consumers will adopt the systems as well.
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Mother monster Gaga to Marketing tutor Gaga

American singer Lady Gaga's second album Born this way, that hit the market on Monday is widely expected to shake the market with huge sales and dominate the music charts irrespective of the criticisms it has received. Martin Kupp, professor at the European School of Management and Technology in Berlin believes that such an unusual result comes from Lady Gaga's ability to vary how consumers relate to her brand, a report in Berlin Reuters stated.

TweetDeck Bought by Twitter for $40m to $50m

Twitter is finally buying TweetDeck for more than $40 million in cash and stocks. TweetDeck is a third-party client for the Twitter and It is the most popular Twitter application with a 19% market share as of June 2009, following only the official Twitter.com website with 45.70% share for posting new status updates.

Iceland Volcano: German Airports Face Traffic Disruption (PHOTOS)

Iceland's most active volcano, Grimsvotn, began erupting on Saturday, causing airlines to cancel over 1,000 flights in northern Europe on Tuesday and Wednesday due to fears over aviation safety. Ash cloud warnings over Britain and Ireland were lifted on Wednesday but in Germany, Bremen and Hamburg airports were briefly closed and Berlin was also expected to be disrupted.

Hollywood joins hand to aid people of Joplin, Missouri

While President Obama will travel to Missouri to survey the damage leveled by the tornado killing more than 100 people, teen pop sensation Justin Bieber, singer Katty Perry and actress Eva Longoria are raising funds to help the victims of the devastating tornado.
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Why Twitter Bought TweetDeck

Microblogging site Twitter is said to have acquired popular Twitter application TweetDeck by paying more than $40 million.

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