UK will keep Royal Mail majority stake (Financial Times)

Contentious plans published on Thursday morning to sell a stake of about 30 per cent in Royal Mail to a private sector rival are the “only credible option” to save the state-owned postal operator, the government asserted, as ministers tried to head off a mounting Labour rebellion. More: continued here

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eBay: Good in Parts (ReadWriteWeb)

At the Accel Symposium , we heard John Donahoe, eBay CEO, admit that there was little synergy between core eBay, PayPal, and Skype. He lauded PayPal, showed some false modesty around Skype, and talked about core eBay in a way that indicated a clear understanding of its limitations and challenges. …

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