Shares in PayPal jumped Monday in the first day after being spun off by eBay, with the online payments group seeing a market value higher than its former parent.

At the closing bell on the Nasdaq exchange, PayPal was up 5.42 percent at $40.47, equating to a market capitalization of more than $49 billion. The share price rose another percent in after-market trades.

Russia's most popular social network VK has launched a photo-sharing mobile application to rival Facebook's popular Instagram service.

Snapster, available on Apple and Android phones since the weekend, allows users to share pictures modified with digital filters.

Toshiba "systematically" inflated profits by $1.2 billion over the past six fiscal years with the involvement of top executives, an independent panel said Monday, in a stinging indictment of one of Japan's best-known firms.

Current President Hisao Tanaka and his predecessor are both expected to resign over the profit-padding scandal after investigators uncovered irregularities stretching back to 2008.

The Islamic State group is banning private internet access in its Syrian bastion Raqa, forcing residents and even its own fighters to use internet cafes where they can be monitored, activists say.

The Syrian Observatory for Human Rights and activist group Raqa is Being Slaughtered Silently both reported the new restrictions on internet access.

Nearly three months after the launch of Apple's fashionably smart wrist wear, some analysts say it's not a mainstream mega-hit. But others see promise in its popularity with Internet-savvy young people.

Media outlets last week jumped on a study by research firm Slice Intelligence suggesting that, based on a large sampling of email receipts in the United States, orders for Apple Watch have plunged 90 percent since the week that the wearable computing gadget made its debut.

Poland's new ambassador is a scar-faced hit man armed with two swords and potions against monsters and dragons. His name is Geralt, hero of a Polish role-playing video game bewitching the world.

"The Witcher" is the brainchild of Warsaw-based CD Project Red, one of a growing number of cutting-edge Polish IT firms out to dominate global gaming.

Reddit became one of the most visited websites in the world on the backs of users devoted to the online bulletin board where people could post just about anything.

Reddit benefits from a free workforce of volunteers who moderate discussion forums known as "subreddits," on topics running a gamut from science and religion to white supremacy and woman-bashing.

A South Korean intelligence official has been found dead in an apparent suicide amid a growing political scandal over a covert hacking program used by the country's spy agency, police said Sunday.

The 45-year-old from the National Intelligence Service (NIS) was discovered dead in his car Saturday on a mountain road in Yongin, about 40 kilometers (25 miles) south of Seoul.

Yahoo on Friday formally notified U.S. regulators that it is spinning off its stake in Chinese e-commerce giant Alibaba to an independent new company called Aabaco Holdings.

Aabaco will wind up owning approximately 384 million shares of Alibaba Group, representing an interest of about 15 percent, according to a filing with the U.S. Securities and Exchange Commission.

Google Inc. revealed Thursday that one of its self-driving car prototypes was involved in an injury accident for the first time.

In the collision, a Lexus SUV that the tech giant outfitted with sensors and cameras was rear-ended in Google's home city of Mountain View, where more than 20 prototypes have been self-maneuvering through traffic.