PayPal announced it is launching a new open platform business for third-party developers made up of the assets of both eBay and PayPal platforms. The head of PayPal engineering, Matthew Mengerink, will oversee the new business. More: continued here

Ebay’s managing director says the local online retail sector is looking at double-digit growth in 2011. More: continued here

Lady Gaga Fans Beware of Craigslist ConNBC New YorkThe events on February 21st and 22nd are sold-out, but ads on Craigslist promise heavily discounted tickets that are available through a “verified Ebay payment agent.” There is just one problem. Ebay doesn't employ payment agents. …and more » More: continued here

Kansas City Star Video: Derek Lam on His Crowdsourced eBay Dress CollectionRacked NationalDesigner Derek Lam has created a dress collection exclusively for eBay—and what the folks at eBay want to know which ones they should produce! Check out the video above and then head on over to dereklam.ebay.com to vote …

Germany investigates mail tampering at defence post officeMonsters and Critics.comPolice believe the pilfering happened inside the defence mail centre on a base at Darmstadt, which is operated under contract by Deutsche Post and processes all military mail from abroad. Friday's announcement did not name any suspects, …and more » More: continued …

eBay Australia is catching up to other eBay sites with new round of changes impacting Australian sellers. More: continued here

Hell Mail Royal Mail Privatisation Not The Way Forward Says WardHell Mail"Royal Mail is in a mess – letter volumes falling due to email, a massive pension deficit and huge annual losses. It needs major new investment but the Exchequer has no money so private capital is the only option. …

Graphic designer selling the bags as fun antidote to wedding hysteria More: continued here

Anti-Amazons Invade E-Commerce SceneTheStreet.comNEW YORK (TheStreet) — While traditional e-commerce retailers like Amazon(AMZN) and eBay(EBAY) tout their massive catalogues with millions of products as selling points for consumers, a host of new start-ups are …and more » More: continued here

Eureka post office to be dedicated for former mayor Sam SaccoTimes-StandardCongressman Mike Thompson, Eureka Mayor Frank Jager and 1st District Supervisor Jimmy Smith will be on hand at a ceremony today to honor former Eureka Mayor Sam Sacco when the city's main post office will officially bear his name. …and …