PC World Kundra takes leave of absence from federal CIO postComputerworld, MABut yesterday, Kundra's former ninth-floor office in a downtown government building was a crime scene. A police officer was stationed in the office lobby while investigators searched through records. A White House official confirmed today that Kundra …Video: FBI Raids …

Royal Mail Packet Product Deregulation Turned DownHell Mail, UKRoyal Mail sought to deregulate a number of business packet products and introduce a new pricing structure outside Condition 21 of its licence. Royal Mail considered that competition in relation to these items was sufficiently developed to protect the … More: continued here

eBay plans to focus on its PayPal payments system to boost its flagging business, as part of a three-year recovery plan. More: continued here

First lady tells “GMA” about her WH day, and why husband is “what we need now.” More: continued here

Friday Options Update: EBAY, HUM, EEM, C, XLV, GM, LVSSeeking Alpha, NYeBay Inc. (EBAY) – With its shares struggling to regain breakeven territory today and down 2% at $11.89, a large buyer of protective put options has emerged scooping up 20000 contracts guaranteeing selling rights should the shares slip to $7.50 …

A renovation project at the Tulare Post Office has reached its final stage. More: continued here

The U.S Postal Service is making it easier for customers to recycle. The Postal Service is adding 1,844 new sites to its Post Office Box Lobby Recycling program, bringing the total number of post offices to about 5,900. More: continued here

NECN Report: GAO obtains US passport with fake documentsSecureIDNews (press release), FLA Government Accountability Office investigator was able to use false identities to fool US State Department and Post Office workers and have a passport issued under a different name, according to a report from the Associated Press. …Post-9/11 reforms don't …

eBay delivered a broad overview of its business to analysts on Wednesday and painted a rosy picture – for the year 2011. But it was during the Question and Answer segment of eBay Analyst Day that sellers got a sense of eBay’s strategy with regard to its marketplaces business. More: …

Auctionbytes eBay Is Open to Talks with AlibabaAuctionbytesBy Ina Steiner Despite past tensions between eBay and Alibaba under former CEO Meg Whitman when the two companies waged war in China, eBay's new CEO John Donahoe is open to partnerships with the company according to Bloomberg. …* Alibaba CEO says hopes …