From CNET News.com: MySpace CEO Mike Jones announced Tuesday a "significant organizational restructuring that will result in a 47 percent staff reduction across all divisions globally and impact about 500 employees, confirming many rumors that the News Corp.-owned social network...

From CNET News.com: Google took a somewhat arcane but important step yesterday in improving its goo.gl URL-shortening service, making it available not just through the Web but through third-party software.

Google announced the goo.gl application programming interface (API) yesterday...

From DailyTech: The iPhone made a huge splash on the smartphone market when it landed on AT&T's network in 2007. Since then, the iPhone has been an AT&T-exclusive; that is until now. Verizon officially announced that it will sell a CDMA version of the iPhone 4 next month.

"Today we...

From DailyTech: According to the BBC, a number of Windows Phone 7 users are reporting that their devices are sending and receiving phantom data, eating away at their monthly data plans.

Most complaints are U.S.-based, where devices are blowing through 30 to 50MB of data every day. A...

From X-bit Labs: A number of recent big departures of high-ranking executives in the high-tech industry were either caused by some types of scandals or were followed by them closely. However, this is not the case with the resignation of Dirk Meyer, chief executive officer of Advanced...

From X-bit Labs: Intel Corp. and Nvidia Corp. on Monday announced that they entered into a new comprehensive long-term patent cross license agreement. For the future use of Nvidia's technology, Intel will pay NVIDIA an aggregate of $1.5 billion in licensing fees payable in five...

From InfoWorld: An Intel executive on Friday said that its Light Peak interconnect technology, designed to link PCs to devices like displays and external storage, is ready for implementation.

Light Peak, announced in 2009, was originally designed to use fiber optics to transmit data...

From PC World: Apple will scrap a 10 percent restocking fees for customers returning products to its retail stores, according to Internet reports. The policy, expected to take effect Tuesday January 11, coincides with an event from Verizon, when it is widely speculated that the...

From CNET News.com: Popular media player VLC has been pulled from Apple's App Store at the request of one of the program's original developers--in a move that's caused some hard feelings in the world of open-source software.

The situation involves a conflict between the General...

From CNET News.com: What do you do with a gadget that's sold 8 million units in 60 days? You make it work on a platform that's larger than the 50 million install base it's built to work with. That would be the reasoning behind bringing Kinect to PCs, which Microsoft CEO Steve Ballmer...