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Royal Mail’s core postal operation has tumbled into the red amid steep declines in post-office footfall and mail volumes as the internet age finally takes its toll. More: continued here

dBTechno MySpace Embraces DataPortability, Partners With Yahoo, Ebay And …Washington Post, United States –4 hours agoMySpace is announcing a broad ranging embrace of data portability standards today, along with data sharing partnerships with Yahoo, Ebay, Twitter and their …MySpace Bridges Out To eBay, Twitter, Photobucket, Yahoo!PC WorldMySpace Opens Walled Garden, Partners with …

SPOKANE — The downtown post office was evacuated around 9:30 a.m. this morning after a report of a threatening letter. A foreign substance was found in the package prompting the evacuation (See reporter Will Pitts’s noon report). More: continued here

Royal Mail’s chief executive, Adam Crozier, is to call for price controls in the market to be lifted after revealing that the company lost £200m on its regulated letters and parcels business last year. More: continued here

Bankers slam eBay’s PayPal plan as anti-competitiveSmartCompany.com.au, Australia –45 minutes agoThe Australian Bankers’ Association says eBay Australia’s proposal to force Australian customers to use its wholly-owned subsidiary PayPal would … More: continued here

Royal Mail’s letters business has plunged into a loss, as the number of items posted plummeted last year and private sector competitors continued to win contracts to collect and sort post for large mail users. More: continued here

In its quest to make online shopping safer, auction website eBay seems to have stirred up a hornet’s nest of discontent. For approximately five million Australians, eBay has become a virtual marketplace for buyers and sellers to exchange goods. More: continued here

Social networking site MySpace said Thursday it will soon enable users to quickly share profile data with Web sites operated by Yahoo Inc., eBay Inc. and others. More: continued here

PRESS DIGEST – Financial Times – May 9Reuters India, India –8 minutes agoA sharp drop last year in the number of items posted and the impact of competition from the private sector have caused the Royal Mail's [GBPO. … More: continued here

A Florida inmate’s letter to a Spokane federal court staff member caused the evacuation of the downtown post office and triggered a response from the Spokane Fire Department’s hazmat team. More: continued here