News Corp.'s $580 million social network has spent the last three years stagnating, surviving as a low cost marketing tool while losing millions in advertising revenue with each passing quarter. Traffic has fallen -20% from those 2008 heights and according to News Corp. themselves, Myspace loses about $100 million every year. Now what?

Apple 10-K filing discloses record advertising spending in 2010 as well as record revenue.

Wal-Mart Stores is rethinking its buyout plan for Massmart and may instead buy a majority stake in the South African retailer.

Since the studio opened in 2007, when they received millions in start up investment from Kleiner Perkins Caufield & Byers' iFund, Zynga has expanded from a tiny start up with a handful of employees to a multinational force with a staff of 1300.

Sony (NYSE: SNE) and EU tech giant Ericsson (NASDAQ: ERIC) now have a strategy in place to corner the video game sector of the smartphone market. Tech blog Engadget revealed the Playstation Phone from Sony Ericsson last night, reporting not just the device's specifications but also showing off images of a prototype of the gaming-centric smartphone.

Apple continues to expand in China with the debut of online shopping at Apple's website and the Chinese App Store on the iPhone and iPad. The cloud-based iTunes is still nowhere to be seen, but a new rumor points to Apple acquiring yet another streaming music service to keep competition low.

It's common knowledge that U.S. companies are sitting on a large pile of cash. Moody's estimates that pile to be worth $1 trillion. It must…

Homebuilders, already weak, are expected to face more pressure in the form of higher mortgage rates in 2011.

A new partnership with tech service company Unisys is set to help Apple grow their business in the professional and government markets. The new MacBook Air laptops can't run the latest version of Skype. Finally, a new glitch discovered in iOS 4.1 pokes holes in iPhone security.

Recent stock market movement seems to be influenced more by the daily gyrations of the U.S. dollar than strong third-quarter earnings reports.

EI DuPont de Nemours & Co. (NYSE: DD) posted third quarter EPS of $0.40 on revenue of $7.07 billion, compared with analysts' expectations of EPS of $0.34 and revenue of $6.67 billion. But earnings were down from the same period a year ago, when EPS totaled $0.45. Combined with a drop in operating margin, DuPont's shares have fallen about -2% in early trading.

Apple Inc. (NASDAQ: AAPL) and Sony (NYSE: SNE) have a lot in common. Both redefined music with portable players – Apple with it’s recent iPod, and Sony with its trademarked Walkman that debuted in 1979.

Starbucks (NASDAQ: SBUX) announced this morning that it is bringing its mobile payment test programs to the Big Apple this fall, letting smartphone users pay for their drinks and other sundry purchases at the famous coffee retailer.

Where past rumors of a follow up to Sony’s (NYSE: SNE) Playstation Portable handheld video game device have flared up and then quickly died after stern a "no comment" from the technology manufacturer, the most recent talk of a PSP2 refuses to die down.

A new hiring push at customer service call centers used by Verizon and Apple is the latest sign pointing toward the Verizon iPhone. Meanwhile, Apple is set to open their new billion dollar data center in North Carolina. Finally, Nintendo acknowledges that Steve Jobs's company is the biggest threat to the Nintendo 3DS.

Credit has enjoyed an even stronger start to autumn that stocks, and the stock market is ''now the cheapest it has ever been relative to credit'' since the junk bond market began in the 1980s.

As the Federal Reserve balance sheet grows, more Treasury bonds get taken out of the financial system as more electronic dollars enter it. Those crispy electronic dollars, directed by the financial institutions that have tendered their Treasury bonds to the Fed, go chasing after other forms of debt.