FedEx and UPS Have New Competition: You're Never Going to Guess Who It Is

Tech2 Tech wrap: Hackers target PayPal, againReuters Blogs (blog)The two groups released a joint statement on document-sharing website Pastebin on Wednesday urging their supporters who use the eBay-owned online payment service to close down their accounts in protest at the site's continued refusal to process …Hacker Group Calls For PayPal Boycott As Part Of ProtestWall…

FedEx Corp. (FDX) , operator of the world’s largest cargo airline, forecast profit for the current quarter that was in line with analysts’ estimates amid slowing demand for express shipments. More: continued here

German parents post baby on eBay for 1 euroThe Associated Press –3 minutes agoBERLIN (AP) — Authorities in southern Germany have taken custody of a 7-month-old boy after his parents posted an ad on eBay offering to sell him for one … More: continued here

The Internal Revenue Service orders FedEx Corp. to pay back taxes and fines totaling $319 million for ground employees the firm misclassified as independent contractors. More: continued here

An antibiotic-soaked sponge that dissolves after surgeons place it in a wound is one of several ideas the FedEx Institute of Technology is helping become reality. More: continued here

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), has achieved a milestone in innovative flight safety technology with Federal Aviation Administration (FAA) certification of a new aircraft avionic system that dramatically improves situational awareness for pilots during takeoff and landing–the most critical part of any flight. More: continued here