Snowden Journalist's New Venture to Be Bankrolled by eBay FounderNew York Times (blog)For years, the tech billionaire Pierre M. Omidyar has been experimenting with ways to promote serious journalism, searching for the proper media platform to support with the fortune he earned as the founder of eBay. He has made …

Bloomberg EBay, Ellison Embrace Microgrids Utilities PerilBloombergWhile only about 30 commercial-scale systems like those used by EBay and the U.S. Food and Drug Administration exist now, that number is projected to climb to 300 in just two years, said Steve Pullins, chief strategic officer for Green Energy Corp., …and more » More: …

Royal Mail's IPO success triggers envy in OttawaThe Globe and MailInvestors are clearly betting that the Royal Mail is moving in the opposite direction. After shedding tens of thousands of jobs and spending nearly £3-billion ($5-billion Canadian) to automate its operations over the past decade, the company is looking …and …

David Cameron plans to build on Royal Mail with more sell-offsFinancial TimesDavid Cameron is planning to build on the huge popularity of the Royal Mail privatisation by prioritising retail investors for the sell-offs ahead of the general election in 2015. Attracting retail investors will be a key aim as the …

Jobless man who auctioned himself on eBay and wrestled in gravy in desperate …Daily MailHis bizarre appeals for employment included walking around Newcastle wearing a billboard, and posting himself as for sale on eBay. He even posted a pleading video from his three-year-old daughter Lucy begging: 'please get my daddy …

Preferred Bank, Stamps.com Among Week's Biggest MoversLos Angeles Business JournalAmong the biggest movers was Preferred Bank, jumping 14 percent to $20.61. The downtown Los Angeles bank benefited from an analyst initiating coverage with an “outperform” rating. Stamps.com Inc. rose 11 percent to $46.62. The El Segundo provider of … More: continued …

Postal company Royal Mail valued at £5bn in JuneFinancial TimesRoyal Mail was valued by investment banks at up to £5bn in June, 50 per cent more than the price at which the UK postal operator was sold to the public a week ago. The revelation will intensify criticism of the …

MOUNT AUBURN — Residents of this small Christian County community now have a new place to buy stamps and mail a letter. More: continued here

LONDON: Britain's Royal Mail was valued by some investment banks 50 per cent higher than last week's public sale price, a newspaper reported. In a report on Saturday, the Financial Times said Royal Mail was valued by banks not involved in the sale at up STG5 billion (RM25.5 billion) in …

The Guardian Ebay Founder Plans $250-Million Media VentureNewsmax.comOmidyar, who is chairman of the board at eBay Inc. but not involved in day-to-day operations, has numerous philanthropic, business and political interests, mainly through an investment entity called the Omidyar Network. Forbes pegged the 46-year-old …Pierre Omidyar: from eBay to crusading journalism?The GuardianPierre …