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Auctionbytes eBay Puts Magento In The Cart For It's X.Commerce PlatformNetwork WorldeBay announced today that they are acquiring the leading open source e-commerce platform, Magento. Magento will serve as a key component of eBays new open commerce platform, X.commerce. Terms of the acquisition where not announced, but eBay already …EBay …

By Mike Pentelow Workers have voted to strike against the closure of the Royal Mail delivery and distribution office in Rathbone Place, which they fear would worsen local deliveries and hit jobs. More: continued here

Daily Mail Man jailed for 12 years in eBay scam that saw him and his wife live luxury …Daily MailA businessman has been jailed for 12 years after he was convicted of stealing $1.5 million from more than 250 customers in an eBay scam. Darin French and his wife sold …

Global postal services issue new stamps under UN effort to mark 30 years of AIDSUN News CentreAt least 20 postal services around the world are issuing stamps and other products as part of a United Nations initiative to highlight 30 years battling the AIDS epidemic, during which 60 million people …

eBay will acquire Magento , an open-source ecommerce platform, in which it had acquired a 49% stake last year for $22.5 million. eBay also launched a branding effort called X.Commerce located at X.com , which was formerly the home of the PayPal Developers program. More: continued here

Bull & Bear: eBay Inc.BenzingaShares of eBay Inc. (NASDAQ: EBAY) are trading lower on the session by 1.65%, at $29.80. With shares hovering around the $29.61 support level, you have to wonder where they are heading next… Bulls: Bulls will note that eBay Inc. …and more » More: continued here

Christian Science Monitor Food stamp usage continues to climbChristian Science MonitorThis chart shows food stamp participation (red) and the unemployment rate (blue) since mid-2004. Food stamp usage has been steadily rising since 2008, even as the unemployment rate improves. By SoldAtTheTop, Guest blogger / June 6, 2011 As a logical …

He may have just started his teenage years, but Laurence Rock’s future is looking pretty good after inventing an ingenious doorbell device called Smart Bell. He’s already sold 20,000 units to telecoms giant Commtel Innovate , and is securing a second deal with an unidentified company that will land him …

Company Announcements: KMGB, EBAY, CEGTomRollins.comeBay announced that it has agreed to Acquire Magento. Constellation Energy Group, Inc. (Public, NYSE:CEG). Last Market Price: 36.95, Change: +0.24, % Change: (0.65%). Shares trade in the range of 36.35 – 36.95 dollars. It has a market capitalization of …and more » More: continued here

eBay Inc. today announced that it has agreed to acquire Magento Inc., the creator of Magento, a leading open source ecommerce platform. The deal follows eBay’s acquisition of a minority stake in the company in 2010. More: continued here