Yandex, Russia’s search engine leader and the nation’s largest Internet company, is reportedly considering a flotation that would value the firm at around £1 billion or $1.56 billion, thisismoney reports, citing City sources. The company

eBay and PayPal have released their Black Friday sales and usage data and it looks like both the marketplace and the payments platform experienced strong growth in terms of mobile shopping.

eBay sales in the U.S. from its suite of mobile apps nearly doubled over Black Friday 2009. Globally, eBay mobile is on track to nearly triple its sales over last year and is expected to bring in