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Twins' bid to void Facebook settlement meets doubt

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.

New York Snow: Key facts to know

Travellers carry their luggage through a snow bank on 7th Avenue in front of Penn Station after a snow storm in New York December 27, 2010.
As the New York City faces season's third winter storm in less than three weeks, here are some key facts on weather conditions, flight delays, cancellations and more.
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Myspace to axe 500 employees tomorrow

News Corp's Myspace the struggling social network site, the could be Facebook site is due to lay off 500 to 600 employees.

CES: Tablets Steal Show; Motorola, RIM Tablets in Focus

As expected, nearly every major original equipment manufacturer introduced or showed a tablet at CES, but the spotlight was on the Motorola XOOM that was the first tablet based upon Google's Honeycomb (Android 3.0) operating system. The RIM booth received high interest, and the Playbook received good reviews.

Facebook Shutdown Hoax Lights Up Internet

With rumours that Mark Zuckerberg has announced closure of the site, thousands are scurrying for answers on internet. Google Trends, Twitter and Yahoo Answers has been set on fire with the questions 'Is Facebook shutting down?'.
Big Ego Games

CES: Sex And The Social Gamer

Social gaming is getting a little more risqué at Big Ego Games, a San Francisco-based developer that is trying to monetize the desire of lots of lonely gamers to interact with pretty girls. But the company wants to keep it PG.
Facebook

Why is the SEC eyeing Facebook?

Facebook shares are hot, but they're starting to behave like publicly-traded shares, which has attracted the scrutiny of the SEC.
Facebook CEO Mark Zuckerberg speaks during a news conference at Facebook headquarters in Palo Alto

SEC begins probe into Goldman Sach's investment in Facebook

US market regulator Security and Exchange Commission began examining disclosure rules for privately held companies and whether they need to be rewritten following the recent deals that allowed investors to buy shares in Internet companies like Facebook and Twitter.

Reddit goes from 'sucked' to 'works' in 2010, to overpower Digg

Indulging in a little bit of self-promotion, Reddit posted a review of performance 2010, in which it declared that the site has gone from sucked to works. The social news website has emerged as a force to reckon with for its rival Digg.

Which films will be nominated for Oscars Best Movie list?

The nominations for the Golden Globe for 2010 have seen their share of controversies but also face heavy competition. While the nominees and winners at the Golden Globe can be considered an indication of things to come in the Oscars, the polls are fast favoring The Social Network and The King's Speech as contenders for the top slots at the Oscars. Another dark horse is The Fighter, starring Mark Wahlberg and Christian Bale. Here are some of the top contenders we think will make it to the Aca...
Facebook CEO Mark Zuckerberg speaks during a news conference at Facebook headquarters in Palo Alto

Is Facebook really worth $50-billion?

Does a company like Facebook that manufactures no tangible products and employs only about 2,000 people really be worth as much as $50-billion.

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