Apple has been sued over touch-screen rights to their iPhone!

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This is not a joke!

In a letter this weekend, Microsoft is telling some of its laid off employees it overpaid their severance.

AND, they'd like the fired workers to pay them back, please.

The audacity!!!!!!!

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Good news!

Video game sales are up - way up.

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The folks over at Facebook are working quickly with their legal team to fix their mistakes!

The following message is the greeting when you now login to Facebook:

Terms of Use Update

Over the past few days, we have received a lot of good feedback about the new terms we posted two weeks ago. Because of this response, we have decided to return to our previous Terms of Use while we resolve the issues that people have raised.

Glad to know they're eager to please their members! Or el$e!!!!

Let's hope the social networking giants get it right this time!!

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On Monday, Facebook founder Mark Zuckerberg responded to everyone freaking out about the social networking site's its effed-up new policy - "what you upload onto Facebook belongs to Facebook."

Zuckerberg responded in a really shitty, weak way. You can read his entire statement here.

Why was it shitty?

It's crap because he doesn't explain why they have to 'own' and keep YOUR personal photos even after you've shut down your profile.

Zuckerberg says you can 'trust' him. Don't worry, you supposedly have his 'word' that they wouldn't do anything you wouldn't want them to do:

In reality, we wouldn't share your information in a way you wouldn't want. The trust you place in us as a safe place to share information is the most important part of what makes Facebook work. Our goal is to build great products and to communicate clearly to help people share more information in this trusted environment.

When push comes to shove, or if there's money to be made, do you really think a corporation would have your best interest at heart?

MySpace is so much more respectful of y'all. Check out this MySpace vs. Facebook terms of service analysis.

At least MySpace won't try and take ownership of YOUR PERSONAL stuff!

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We're so glad we've never uploaded any of our stuff onto Facebook!

You Facebook users are SCREWED.

Did you know that everything you've loaded up into your profile (personal pictures, etc.) belongs to Facebook, even after you've closed your account?

That's what it says in the Terms of Service you agreed to when you opened your account, apparently.

The Consumerist recently uncovered this disturbing info and it's causing quite a stir.

So, what does this mean?

Basically, Facebook can do whatever the hell they want with YOUR STUFF.

And, they can do so WITHOUT your permission.

For example, they can license your personal pictures out to companies, make a shizzle of money and don't have to give you a dime.

Sounds really, really shitty and sooo shady!!!!!

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The good news? An internal appraisal of Facebook puts the social networking site's value at a whopping $3.7 billion.

The bad news? Facebook Inc. quickly concluded it wasn't worth anywhere near the $15 billion market value implied in a 2007 investment made by Microsoft Corp.

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Dayum!

According reports filed Tuesday, Facebook doled out $65 million to settle a lawsuit with the social networking site ConnectU, who claimed that the super popular site 'stole' their idea.

The details of the settlement were supposed to be confidential, but a law firm that helped ConnectU sue Facebook back in 2004 disclosed the sum in a newsletter that 'accidently' went public!

The $65 million in cash and stock options go to ConnectU founders, twin bros Tyler and Cameron Winklevoss.

Is one of them gay, cute, single?!

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Sony's net profit dropped a massive 95% in the third quarter due to a strengthening yen, the gloomy economy and stiffer price competition from electronics rivals.

Eeeek!

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