Facebook, MySpace Too Popular For Own Good

Social networks can be used to waste time, and members have also been known to encounter a virus or two.  Now, decision makers at Apple and the Maryland General Assembly seem to feel these problems outweigh the positives, as new bans on the two most popular social networks have been reported. 

News Corp Bleeding Revenue Going Into 2009

Newspapers and traditional media are bleeding profits and jobs. It’s one of the hardest hit sectors, so it’s not as if they couldn’t see this coming. But News Corp’s CEO Rupert Murdoch says it’s even worse than he thought. The company just announced they are writing off $8.4 billion of losses.

Google Introduces Imagery Partner Program

Google has introduced an imagery partner program where people can submit imagery for Google Earth if they feel they have a better version of a shot that Google currently has.

Yahoo Tries To Cheer Up Advertisers

The jobless rate is up again, Toyota's issued a warning about a $5 billion operating loss, and a watchdog panel believes at least $78 billion in bailout money was wasted.  But Yahoo wants advertisers to know the situation isn't all bad.