Myspace purchase a 'huge mistake': Murdoch

News Corp's purchase of Myspace was a "huge mistake" and the social network was mismanaged "in every possible way" following the acquisition, chief executive Rupert Murdoch said Friday.

What defines life satisfaction for consumers living in poverty?

People whose basic needs are met get more life satisfaction when they are more connected to others and when they experience greater autonomy, according to a new study in the Journal of Consumer Research. But those who live ...

Hulu shows heading for Nintendo Wii and 3DS

Nintendo said Friday that online video service Hulu Plus will stream movies and television shows to Wii and 3DS videogame systems by the end of the year.

Is it best to withhold favorable information about products?

Consumers are more likely to choose products when marketers withhold some favorable information until late in the choice process, according to the Journal of Consumer Research. But marketers need to walk a fine line to disclose ...

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