Nantucket Island Inquirer Sconset post office a victim of budget cutsNantucket Island Inquirer, MABy Eliot Baker There will be less time to drop off and pick up mail at the Sconset post office once the US Postal Service slashes its hours next month amid nationwide cutbacks to address its ongoing financial …

EBay Inc. said Thursday it plans to pay as much as $1.2 billion for control of South Korea’s top online marketplace, potentially making it one of the company’s largest acquisitions as it moves to expand in Asia. More: continued here

EBay Inc. said Thursday that it expects to remain a “significant” shareholder after spinning off its Internet communications service Skype. More: continued here

Kendall-Whittier Post Office To CloseNews On 6, OKThose who live near the post office say they will be inconvenienced by the closing. By Tara Vreeland, The News On 6 TULSA, OK — A Tulsa neighborhood is losing its post office. Some residents in the area are fighting to keep it open, …

Sorry, 24-hour party people in need of late-night/early-hour postal workers: The Daily News reports that the 24-hour retail window at the James A. Farley Post Office will close starting May 9. The new hours: Monday-Friday, 7 a.m.-10 p.m.; Saturday 9 a.m.-9 p.m.; and Sunday 11 a.m.-7 p.m. The Farley post …

Altogether officers protecting the royals lost more than £250,000 to a spread-betting venture called ‘the currency club’, one of a number of apparently successful sidelines Paul Page allegedly set up to clear spiralling debts, a court has heard. More: continued here

eBay offered to buy South Korean online retailer Gmarket for up to $1.2 billion, a deal that would make it the leader in the world’s sixth-largest e-commerce market. More: continued here

A Stamp of Disapproval (Stamp Collecting's Fate in the Internet Age)History News Network, WAOne of the innocent victims of our Brave New Electronic Age has been, I suspect, the hobby of stamp collecting. I'd give odds that there are a great many young people who are only dimly aware of the …

EBay Inc. says that it is focusing its efforts on business areas “where we can win,” which include the company’s core electronic commerce market but not the Internet telephony business the company paid a large sum to enter less than four years ago. More: continued here

eBay Offers $1.2 Billion For Korea's GmarketInformationWeek, NYBy W. David Gardner EBay on Thursday said it will offer $1.2 billion to purchase Gmarket, a Korean e-commerce firm that specializes in online auctions. The Gmarket deal is at the heart of eBay's online business and along with eBay's Internet Auction Co … …