Biz Break: eBay boosts PayPal's mobile efforts with $800 million acquisitionMilpitas PostToday: eBay (EBAY) agrees to pay $800 million in cash for Braintree, a payments company with a strong mobile focus meant to help its PayPal brand. Also: Facebook and Yahoo (YHOO) pass new stock milestones on a good day …

E-commerce service provider eBay Inc. has agreed to acquire the mobile payment processor company ??? Braintree ??? for $800 million in cash. More: continued here

Slate Magazine What's the Best Way to Fix Food Stamps? Take Out the Food.Slate MagazineSpecifically, House Republicans have been moving forward with legislation to substantially reform the “farm bill” with a morally obscene plan to substantially cut food-stamp spending while leaving agricultural subsidies unscathed. There's no …and more » More: continued …

Factbox: Details of Britain's Royal Mail share saleReuters(Reuters) – Britain's Royal Mail postal service should be worth as much as 3.3 billion pounds ($5.3 billion) when it makes its London stock market debut next month, the government said on Friday as it began taking orders for the selloff. Following is …

Tampabay.com Aripeka resident buys post office in hopes of reopening itTampabay.comARIPEKA — Carl Norfleet couldn't stand to see his neighbors hurting over the closing of their post office in the tightly knit coastal community where he grew up. Aripeka has been good to him, he said, and on Friday Norfleet …

St. Mary's Academy purchases former University Station post office block for …OregonLive.comThe former University Station post office block is located at Southwest Sixth Avenue and Market Street, which is adjacent to the school. Portland-based GBD Architects will design the expansion for the school, which is the state's only all-girls school …

Berkeley: Hancock resolution supports post office protectionInside Bay AreaBERKELEY — State Sen. Loni Hancock, D-Berkeley, wants to do more than just save the city's historic downtown post office from being sold — she wants to rescue the entire 238-year-old U.S. Postal Service. But only Congress has regulatory power in such … …

The Guardian £3.3bn Royal Mail privatisation pushed through ahead of possible strikeThe GuardianThe government is racing to push through the £3.3bn privatisation of Royal Mail before postmen and women have the chance to walkout on strike against the "great British flog off". Vince Cable, the business secretary, on Friday announced …

£3.3bn Royal Mail flotation to kick off todayScotland on SundayThe UK government has announced that members of the public will be able to apply for shares in Royal Mail later today as it started the process of a flotation that will value the delivery service at up to £3.3bn. Business …

Ebay Acquires “Content Meets Commerce” Shopping Site, Bureau Of Trade, As …TechCrunchOnline marketplace for men's shopping, Bureau of Trade, has been acquired by eBay, the company announced today. Founder Michael Phillips Moskowitz is joining the eBay Marketplaces team, where his focus will be on helping eBay improve their … More: continued …