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This is the last technology news round-up for 2011. We’ll return in the new year. So, until then, here’s the latest tech news from around the web:

Israelis are the world’s biggest users of social networks, TNW reports. According to a survey by Comscore, Israelis spent, on average, 11.1 hours on social networks during October 2011 – more than double the global average of 5.7 hours and ahead of markets like the UK (seven hours) and US (6.9 hours). Slightly behind Israel comes Argentina (10.7 hours), Russia (10.4 hours) and Turkey (10.2 hours). Read more >>

Tech news from around the web:

PayPal, eBay’s payment service, is looking to take on Groupon and LivingSocial with plans to start offering coupons tailored to users’ buying habits and mobile phone locations, according to Bloomberg. The company will launch its mobile deals in the first quarter of 2012 in partnership with several US retailers. Read more >>

Joseph Menn

Ebay chief executive John Donahoe said the Chinese government  won’t let foreign-owned  internet companies win in that country, but added PayPal will nonetheless bend to fit new rules and stay in the market. Read more >>

Facebook and eBay have joined forces to integrate social networking features into online shopping applications, as both companies attempt to breathe life into the flagging field of social commerce.

While several companies have experimented with setting up storefronts on Facebook to sell directly to consumers while they network with friends, actual purchase rates indicate that people are not interested in buying when they’re socializing online. Read more >>

Tech news from around the web:

Sony has revealed that a third party had this month tried to sign into 93,000 accounts on its PlayStation and other networks, Reuters reports. The company said it had frozen the accounts and informed the affected customers, adding that it believed only a few of the accounts were actually accessed.

Traffic to Google+, the online search company’s social network, has fallen since the massive peak in interest seen when it was opened to everyone late last month, according to Mashable. Quoting research from analysts Chitika, Mashable says traffic to the site has fallen 60% since its public launch. Read more >>

Tech news from around the web:

US prosecutors have launched an investigation into whether eBay employees took confidential information from classified ad website Craigslist as it sought to build a rival service, Reuters reports. The two companies have already been fighting in the civil courts over allegations that eBay took a stake in Craigslist and then misappropriated confidential information while it secretly planned its own classifieds site. An eBay spokeswoman told Reuters that the company would co-operate in any inquiry related to the disputes with Craigslist. Read more >>

Joseph Menn

As UK police said they arrested the alleged second of four co-founders of the hacking supergroup Lulz Security, one of those still at large branched out into a legal form of protest, promoting a boycott of PayPal. Read more >>

Tim Bradshaw

On eBay at least, we are already living in the “post-PC era”.

Figures from its UK site show that tablet devices such as Apple’s iPad – which prompted Steve Jobs to coin the “post-PC” phrase – are now outselling traditional desktop computersRead more >>

Joseph Menn

An unscientific survey of employees at major US technology companies found that only 50 per cent of Yahoo workers approved of chief executive Carol Bartz’ leadership during the past year, down from 77 per cent as she got started. Read more >>

David Gelles

Indian PayPal users can once again use local banks to withdraw money from their accounts, resolving a hiccup that for weeks had prevented users in the world’s second most populous country from getting cash from their accounts.

The trouble began last month, when Indian regulators threw a wrench into PayPal’s business in the country as they investigated whether PayPal, the world’s largest online payments company, should be considered a remittances business.

As a result, PayPal stopped allowing users to transfer funds directly from one personal account to another, and also made it impossible for its customers in India to withdraw PayPal funds through a bank, effectively shutting down the only method for retrieving an account’s balance. Person-to-person transfers will likely be suspended for a few months as the company works with regulators to obtain new licenses that will allow it to legally handle remittances. Read more >>