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In the weighted paging problem there is a weight (cost) for fetching each page into the cache. We design a randomized O(log k) -competitive online algorithm for the weighted paging problem, where k is the cache size. This is the first randomized o(k)-competitive algorithm and its competitiveness matches the known lower bound on the problem. More generally, we design an O(log(k/(k - h + I)))-competitive online algorithm for the version of the. problem where, the online algorithm has-cache size k and the online algorithm has cache size h les k. Weighted paging is a special case (weighted star metric) of the well known k-server problem for which it is a major open question whether randomization can be useful in obtaining sub-linear competitive algorithms. Therefore, abstracting and extending the insights from paging is a key step in the resolution of the k-server problem. Our solution for the weighted paging problem is based on a two-step approach. In the first step we obtain an O(log k)-competitive fractional algorithm which is based on a novel online primal-dual approach. In the second step we. obtain a randomized algorithm by rounding online the fractional solution to an actual distribution on integral cache, solutions. We conclude with a randomized O(log N)-competitive algorithm for the well studied Metrical Task System problem (MTS) on a metric defined by a weighted star on N leaves, improving upon a previous O(log2 N)-competitive algorithm of Blum et al. .