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On Thursday, the U.S. Postal Service issued a daunting public statement about its current financial woes, and possible changes to its infrastructure and services that would aim to save the snail mail organization some $3 billion a year.

Evocative is taking on non-biodegradable and toxic polystyrene by mixing agricultural products with a fungus. Can it compete when it has to grow a product instead of churning it out from a factory?

Web reviews from online everymen are either low-hanging fruit for DIY marketers, the best thing to ever happen to e-shopping, or bait for angry cheapskates.

[youtube 2RJaAUeASyU] Google has published a

If you're not volunteering because you want to really make an impact, this new matching site--now expanding out of New York--can link you to an organization that needs your exact talents. Most busy professionals would love to volunteer, if only they had the time and inclination to seek out worthwhile experiences.

Evolta's Triathlon Evolta is a tiny but deceptively complex little robot (actually a group of similar designs) that Panasonic uses to demonstrate the impressive staying power of its range of Evolta rechargeable batteries. The 'bot was designed by Robo-Garage and can be guided on its path by an infra-red signal emitter. He's already completed an impressive marathon and climbed the grand canyon but now it's been revealed he's going to undertake a triathlon event--including swimming, running and cycling for a combined distance of 230 km.

Peter was gay; Raymond was a homophobe.

When Facebook pulled out of the deals space, some people started predicting the end of the industry as a whole.

An African bike company builds bikes for the poor, funded by selling you a super-light sweet bamboo ride. In Zambia, bicycles grow on trees, or rather bamboo, the primary building material for many Zambikes .

This and more important news from your Fast Company editors, with updates all day.

%excerpt% Read more: PayPal Enters Mobile Payments Market

Facing a bleak economic outlook is one thing.

For years, the Android smartphone operating system stood as Google's neglected stepsister aside Apple's radiant iPhones and beloved iOS. That's all changing now. For years, the Android smartphone operating system stood as the neglected stepsister aside the iPhone’s radiant, beloved iOS.

While the United States might be done with the Space Shuttle, the rest of the world is picking up the slack. Iranians are planning new space capsules, China is launching Martian satellites... and India wants to put a man on the moon

Using capitalism instead of just giving aid was the focus of the latest eBay/Ashoka contest. Here are the most interesting and exciting winners