Reuters Microsoft Buys Skype for $8.5 Billion (MSFT)InvestorGuideSkype had been previously owned by eBay (EBAY: Charts, News, Offers), which bought the company for $2.6 billion in cash and stock in 2005, before selling 70% of the company to private investors in 2009 in a deal which valued Skype at $2.75 …

US loses $300M a year to food stamp fraudDayton Daily NewsTuesday's searches of a mosque, a home and several Dayton businesses were part of a major food stamp fraud investigation, which underscores the larger problem of abuse and … More: continued here

GLENS FALLS — St. Mary’s Roman Catholic Church is seeking a zoning variance that will allow the sale of the former Glens Falls post office building to developer Peter Hoffman. More: continued here

CTV.ca Skype Investors Will Reap a WindfallWall Street JournalThe second largest shareholder is eBay Inc., which held on to a 30% stake in the company after selling most of it in 2009 to the current investor group. Other winners include the Canada Pension Plan Investment Board, which owns about 12%; …

Post office getting ready for Stamp Out Hunger campaign. More: continued here

Daily Mail US post Office 2.2 billion less profit WOWCJDC (blog)The post office also said that it will reach it's borrowing limit by the end of the budget year on September 30th, and unless Congress intervenes, it could be forced to default on certain payments to the federal government, such …

Former Oracle exec launches FreeMoneeBizjournals.comThe management team includes Andy Laursen, former vice president of development at Oracle' Mike Linton, former CMO of San Jose-based eBay Inc. (NASDAQ:EBAY). Posted by Elizabeth Kim. Contact her at 408.299.1835 or ekim@bizjournals.com.Former eBay, Oracle Execs Raise $11 Million For “Gift Network” FreeMoneeTechCrunchFormer Senior Execs from …

BANGALORE, INDIA: e-Commerce firm eBay India announced on Tuesday the appointment of Muralikrishnan B as country manager, with immediate effect. He takes over from Ambareesh Murty, who had been the country manager of eBay India since March 2008, and now plans to follow entrepreneurial studies on Internet -related opportunities in …

Stamps bulk up on offensive lineToronto SunIn case there are any more surprises on the offensive line, the Stamps are better prepared after signing 2010 CFL draft picks John Bender of Cochrane and Toronto's J'Michael Deane Tuesday. As for the defence, Hufnagel picked up Brian Bulcke in a …Stamps on …

Mike Labinjo’s stay with the Calgary Stampeders is about to come to an end. More: continued here