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By Chandni Doulatramani (Reuters) – EBay Inc said it would buy payment gateway Braintree for about $800 million in cash to strengthen PayPal's presence on smartphones and tablets. Braintree owns Venmo, an app which lets consumers make payments on smartphones and tablets, an area that EBay is looking to get …

Fleet maintenance technicians from FedEx Freight, a subsidiary of FedEx Corp. , swept the top four spots at the nationwide 2013 TMC SuperTech competition held in Pittsburgh, Pa., Sept. More: continued here

New Yorker (blog) Why Food Stamps MatterNew Yorker (blog)On Saturday mornings in North Philadelphia, hundreds of people can be found lining up along the sidewalks of West LeHigh Avenue and Sixth Street, near the basement entrance of a local public library. They aren't looking for books, they are looking to …

Royal Mail promises 120 new jobs with Parcelforce depot opening at BecktonEast London AdvertiserThe massive 100,000sq ft Parcelforce site at Beckton, just off the A13, is part of Royal Mail's UK-wide expansion programme and is expected to create 200 jobs over the next three years. It is part of Royal …

Stamps increase: Postmaster General Patrick Donahoe's appearance Thursday before the Senate Homeland Security and Governmental Affairs Committee comes one day after the post office said it wanted to raise the price of a first-class stamp by 3 cents. More: continued here

Our world is driven by a new kind of machinery. Across the globe, the likes of Google, Apple, and Facebook are building massive data centers — temples of modern technology — that drive so much of what we see and do on everything from smartphones and tablets to laptops and …

NEW YORK (TheStreet) — Shares of eBay were higher in premarket trading Thursday, up 0.3% to $54.37, after the company announced it was spending $800 million to acquire Braintree, a payments company, to further strengthen its PayPal business. "Braintree is a perfect fit with PayPal," said eBay President and CEO …

EBay Inc. (EBAY) , owner of payments service PayPal, said it will bolster that business by buying Braintree for $800 million in cash, to expand its mobile transactions business. More: continued here

EBay Is Now Powering Your Online Auctions With Natural GasWiredOn Thursday, eBay, another giant of the web, told the world that its newest data center runs entirely on fuel cells fed with natural gas — technology that's not only cleaner and more efficient than the aging power grid, but also …

A group of Cable Beach Primary School students discovered a royal surprise waiting in the post recently, when they received letters from St James's Palace. More: continued here