Fast Company Taking aim at PayPal, startup WePay launches online storesGood Morning Silicon Valley (blog)With the unveiling of WePay Stores today, a Palo Alto startup that isn't even 2 years old is going after PayPal, and even eBay. WePay, which launched 17 months ago as a payment site, says its …

USA Today Post office: 3 days-per-week delivery not plannedThe Associated PressThanks to the decline in mail volume caused by the recession, and as people shift to the Internet for letters and bill paying, the post office had a loss of $8 billion last year and is headed for a similar …

SAN FRANCISCO (Reuters) – EBay Inc reported better-than-expected quarterly results on Wednesday as the company’s main online Marketplace business showed signs of a turnaround and its PayPal unit continued to grow quickly. More: continued here

EBay Inc. (EBAY) , the world’s largest online marketplace, forecast sales that topped analysts’ estimates, spurred by growing demand for its PayPal payment service and the company’s recent spate of acquisitions. More: continued here

After getting digital innovation award and short-listed for mBillionth Award South Asia 2011, Bangladesh Post Office’s electronic money transfer service (EMTS) has now been nominated for UN-based prestigious World Summit Award. More: continued here

CNET 'Mobile Man': Nokia green envoy made of old phonesCNETMobile Man, who's made of old phones from head to toe, takes a reading break at a Beijing, China, post office. I really want to believe this Nokia robot made of used cell phones is just out to promote green living. …

NEW YORK (TheStreet) — eBay’s second-quarter results handily topped estimates, but most of the upside continues to be driven by PayPal. **For the three-month period, profit actually declined to $283.4 million, or 22 cents per share, but most of this drop was attributed to costs related to eBay’s acquisituion of …

The Omidyar Network, founded by eBay’s billionaire founder, Pierre Omidyar has awarded a $200,000 grant to fund the Co-Creation Hub, Nigeria’s first open living lab and pre-incubation space. The hub has also received a $45,000 grant from the Indigo Trust, a unit of the Sainsbury Family Charitable Trusts of the …

EBay profit declines, as sales rise 25%MarketWatchBy John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) — EBay Inc. posted lower earnings Wednesday, but the online retailer's 25% revenue increase was offset by its recent acquisition of an e-commerce and marketing firm. In addition, eBay issued a …EBay Forecast Tops Estimates as PayPal, …

Royal Mail plan to introduce new mail mark alarms businessesThe DrumPlans by the Royal Mail to introduce a new 'Delivered by Royal Mail' mark from mid-September has alarmed businesses, because the mark will be placed in the area where the company logo is usually shown on envelopes . The proposed …