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Robert Scoble, Flickr
Robert Scoble, Flickr
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LinkedIn Now Gets More Web Traffic Than Myspace

Justin Timberlake won't like this one little bit.

The 'SexyBack' singer, who recently bought a stake in Myspace, was greeted with the bad news Tuesday that in terms of web traffic, the site has fallen from number two to number three behind professional networking site LinkedIn. Of course, behemoth Facebook remained in the top spot.

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Category: Business News, Tech Tags: ,
Sandra Mu, Getty Images
Sandra Mu, Getty Images
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U2 Leads 2011 Worldwide Tour Grosses

Classic rock artists may not get much love on top 40 radio anymore, but that doesn't mean no one's listening to their music. Quite the contrary.

According to Pollstar's mid-year report of worldwide concert grosses, some of the most popular tours of 2011 are being led by older rock acts.

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Category: Business News, Music News Tags: ,
YouTube
YouTube
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‘Virtual’ Grocery Shopping a Hit in Korea [VIDEO]

Grocery shopping is one of those necessary evils for most of us. Wouldn't it be easier if you could do it on the go?

A company called Home Plus (formerly Tesco) is giving it a try by putting virtual grocery store aisles in Korean subway stations.

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Paramount
Paramount
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Weekend Box Office: ‘Transformers’ Retains Top Spot

Boosted by unexpectedly strong word-of-mouth and generous reviews, 'Transformers: Dark of the Moon' was number one for the second weekend in a row, becoming the top-grossing movie of 2011 thus far with a total take of $261.0 million.

Coming in second, the Jennifer Aniston-featured dark comedy 'Horrible Bosses' earned an estimated $28.1 million, while the family flick 'Zookeeper' came in third with $21.0 million.

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Dave Hogan / Hikaru Ogawa / Ryan Pierse, Getty Images
Dave Hogan / Hikaru Ogawa / Ryan Pierse, Getty Images
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Music Sales Are Up in 2011; Adele, Lady Gaga, Katy Perry Leading the Way

For the first time in seven years, music sales have posted an increase -- and the surprising charge is being led by Adele, Lady Gaga, and Katy Perry.

The pop trio boasts the top-selling albums of 2011, with Adele's '21' coming out on top with 2.52 million copies sold, Lady Gaga's 'Born This Way' in second with 1.54 million units, and Katy Perry boasting more than five million in digital singles sales.

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Facebook Launches Video Calls, Powered by Skype

Facebook finally settled the rumors on Wednesday. Through a partnership with Skype, Facebook is rolling out integrated video calling to the public beginning immediately.

The new integrated feature will not require the separate Skype client, but instead, just a touted "under 30 second wait" on your first use to install, call and chat.

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Larry Busacca, Getty Images
Larry Busacca, Getty Images
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Eminem Sets Digital Sales Record By Selling One Million Copies of ‘Recovery’

It seems a little hard to believe in the iTunes age, but no one has ever sold more than a million copies of a digital album -- until now, that is.

Eminem has become the first artist to break the barrier with his most recent solo album, 'Recovery.'

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Category: Business News, Music News, Tech Tags:
Paramount
Paramount
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‘Transformers: Dark of the Moon’ Dominates Holiday Box Office

No Megan Fox, no problem -- 'Transformers: Dark of the Moon' still managed to rock the box office this holiday weekend.

The sexy star may not have returned for the third installment in the franchise, but it didn't matter because director Michael Bay's latest offering took in $116.1 million over the four-day holiday weekend, en route to winning the box office battle.

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Thirteen Of Clubs, Flickr
Thirteen Of Clubs, Flickr
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Paypal’s President Predicts the Demise of the Wallet

Now that Paypal has reached 100 million active accounts, a company executive predicts physical wallets will soon be mothballed.

“We believe that by 2015 digital currency will be accepted everywhere in the US -– from your local corner store to Walmart. We will no longer need to carry a wallet,” Paypal President Scott Thompson said in a blog post.

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San Francisco Considering Banning Sales of All Pets

A proposal to ban all pets sales in San Francisco is being considered by the city’s Board of Supervisors.

According to those who have proposed the ban, the rational behind it is twofold. It would encourage San Franciscans to adopt animals from shelters and rescue organization, and it would put an end to what animal rights activists claim are inhumane conditions in puppy mills and kitten factories.

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Frederick M. Brown, Getty Images
Frederick M. Brown, Getty Images
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Prince Swears Off Recording Until Someone Fixes the Internet

Ah, Prince. Whether he’s changing his name to a symbol, scrawling slogans on his face, threatening to sue his fans, or publicly daydreaming about a world in which no one is allowed to cover his songs, he’s always good for a provocative quote or two.

His latest interview, with the UK’s Guardian, didn’t disappoint.

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Disney
Disney
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Weekend Box Office: ‘Cars 2′ Cruises to Victory

As expected, Pixar’s ‘Cars 2′ easily took first place at the weekend box office, netting a healthy $68 million. That’s about $8 million higher than the original ‘Cars,’ which opened to $60.1 million in 2006.

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