Verizon asks court to say its 3G ads are true

(AP) -- Verizon Wireless asked a federal court Monday to rule that claims it makes in advertisements, including its position as "America's most reliable 3G network," are truthful and accurate.

Facebook, Twitter battle in 'real-time' arena

Want to see what people are saying online, right now, about the newest iPhone software? You could always search for "#iOS7" on Twitter. But now you can also click the same hashtag on Facebook.

News Corp sells MySpace for $35M mostly in stock (Update)

(AP) -- News Corp. has sold struggling social networking site MySpace for $35 million, mostly in stock, according to a person familiar with the matter. The deal values MySpace at a fraction of what News Corp. paid for the ...

Facebook sees higher profits, more friends

Facebook said Wednesday that quarterly profit climbed to an all-time record $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network's image.

GM to pull ads from Facebook: report

General Motors late Monday confirmed that it is pulling its advertising from Facebook because it determined paid ads had little impact on consumers.

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