Netflix awards $1M prize to improve movie picks

(AP) -- Netflix Inc. declared a seven-member group of researchers, scientists and engineers from around the world as winners Monday of its three-year, $1 million contest to improve its movie recommendation system by at least ...

MySpace scoops up popular Facebook app iLike

(AP) -- Social networking hub MySpace said Wednesday it is acquiring iLike, a popular music application on rival Facebook, in the first move by new management to expand after a series of drastic cuts and writedowns.

StumbleUpon's founders buy service back from eBay

(AP) -- Two founders of Web content recommendation service StumbleUpon said Monday they bought the company back from online auction house eBay Inc., just two years after eBay purchased the startup for $75 million.

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