Courtney Love Drops Embezzlement Bomb On MySpace

On her MySpace blog today, Courtney Love penned an erratic message to her fans detailing an elaborate-sounding embezzlement scheme by her management, which includes computer hacking and dummy corporations, to fleece her for $380 million. It's unclear if what she posted is real, a joke, or off-the-deep-end crazy.

Google Gains Right To Sell AOL Stake

Google's owned a five percent stake in AOL for the better part of three years.  Now, thanks to the passage of time and the terms of their partnership, the search giant's getting the option of escaping.

Facebook’s Value Is Decreasing

If you’ve forgotten, just nine months ago, Microsoft purchased a 1.6% stake in Facebook for $240 million. Doing the math from that, the total value of Facebook last October was $15B.

Nobody Went Public Last Quarter

For the first time in thirty years, Wall Street saw a quarter come and go with no companies going public. The second quarter of 2008 proved to be a disappointing one all around. Adding on to residual distrust from the dotcom bust, venture capitalists and investment firms are reluctant to debut their startups to the public market during such a weak climate. Memories of Vonage's…