Telegraph.co.uk Royal Mail warns of 'intense' competition as profits riseTelegraph.co.ukIn a blow for Royal Mail, an Ofcom spokesman said: "We do not believe that there is presently a threat to the financial sustainability of the universal postal service …. We would expect Royal Mail to take appropriate steps to respond …

EBay Inc's description of how hackers got access to its entire database of 145 million user records leaves many questions unanswered as to how cyber criminals orchestrated what appears to be the second-biggest data breach in U.S. history. More: continued here

New Village Post Office opens in Miss.Sacramento BeeThe Postal Service introduced the village post office model in 2011 as an alternate retail location for postal products and services, especially in rural communities. Local businesses contract with the Postal Service to offer stamps, flat-rate …and more » More: continued here

Royal Mail shares fell by more than 7% after the recently privatised communications firm warned in its full-year financial results of intensifying competition. Higher profit was driven by rising revenues in Royal Mail's key parcels businesses in the UK and continental Europe. But Moya Greene, chief executive of Royal Mail, …

Royal Mail warns of 'increasing challenges' from competitorsFinancial TimesThe increase in earnings for the year to March 30 was in line with market expectations, but Royal Mail warned that a move to direct delivery of letters by rival TNT Post could undermine the economics of the universal service without action …

Daily Beast Every eBay Account Holder HackedDaily BeastThe online auction site eBay has admitted that the name, address, date of birth, telephone number, email address and encrypted password of every eBay account holder worldwide – 233 million people – have been obtained by hackers, in one of the world's …The eBay …

Britain's part-privatised postal operator Royal Mail warned Thursday that it faced fierce competition, sending its share price slumping despite rising annual profits. Shares dived more than seven percent, topping the fallers board on the London stock market, but still holding far above the price of last year's controversial flotation. We …

Ebay hack Q&A: should I change my password? What could happen?The GuardianEbay's announcement that a database holding the personal details of users – potentially all 223 million worldwide – was hacked raises a number of serious questions. It's the biggest reported hack ever in terms of the number of people …

EBay is poised to go down as one of the biggest data breaches in history, based on the number of accounts compromised. More: continued here

RH  announced today the opening of RH Greenwich, The Gallery at the Historic Post Office on Friday, May 16, 2014, at 310 Greenwich Avenue in Greenwich, Connecticut. More: continued here