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blic view last month, when Yahoo said last month it was blindsided by Alibaba transferring ownership of Alipay to a new company owned by Alibaba Chief Executive Jack Ma. Alibaba and Ma said the transfer was legal and Yahoo was aware of plans for it. AliExpress is an online wholesale platform launched last year to allow Chinese merchants to sell products in markets such as the U.S. and the U.K. It differs from Alibaba's flagship online platform, Alibaba.com, partly in that it is aimed at smaller orders. "Following a routine annual business review, we have decided that PayPal will no longer be a payment option on AliExpress after August 3rd," Paypal said in a statement. "AliExpress is committed to serving our customers with choice in payment options. As always, our primary focus is our customer's needs, and we will continue to offer multiple, secure payment options on AliExpress for our customers around the world," Alibaba.com said in a statement. The termination of the PayPal-AliExpress relationship comes after Alibaba resisted a bid by PayPal to increase the rates it charges for its services on the platform, according to a person with knowledge of the matter. PayPal declined to comment on the assertion. According to correspondence between the two companies viewed by Dow Jones Newswires, PayPal had also expressed concern that the AliExpress platform was serving more individual customers, a departure from the wholesale model that was earlier agreed upon by the two. PayPal declined to comment. PayPal also partners with Alibaba competitors like DHGate.com that also connect international buyers to Chinese sellers. In its statement on Friday, PayPal stressed that its strong individual user base, with nearly 100 million active accounts, gives it a platform to connect buyers with Chinese merchants. "PayPalter blog Boy Genius cited industry insider Eldar Murtazin in reporting a done deal between Microsoft and Nokia that valued the mobile phone business at $19 billion. Murtazin, editor of the tech blog Mobile-Review.com, has a mixed record in predicting Nokia news. Two weeks ago he reported Microsoft and Nokia started negotiations. Nokia said at the time, “We typically don't comment on rumors. But we have to say that Eldar's rumors are getting obviously less accurate with every passing moment." Nokia’s stock gave back much of its earlier gains after the company denied the report and was recently down 4.27% to $6.72. If Microsoft does buy the business, it would mark an expansion of the two companies’ new alliance. Earlier this year they reached a deal to insert the Windows Phone operating system into Nokia devices. Nokia is counting on the Microsoft play to improve its slumping sales amid heavy competition from Google's (GOOG) Android operating system and Apple's (AAPL) iPhone.  The Finnish electronics company on Tuesday slashed its second-quarter guidance and abandoned its 2011 forecast due to weaker devices a