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WELLINGTON, New Zealand With 150 million registered users, about 50 million hits daily and endorsements from music superstars, Megaupload.com was among the world's biggest file-sharing sites. Big enough, according to a U.S. indictment, that it earned founder Kim Dotcom $42 million last year alone.

Despite economic worries in Europe, Google was still expected to post strong earnings on Thursday. But the Mountain View, Calif.-based enterprise didn't hold up to estimates and the stock immediately plummeted more than $50 after hours.
Google reported a fourth quarter net income of $2.71 billion, or $8.22 a share (statement). Non-GAAP earnings were $9.50 a share on a revenue of $10.58 billion (including traffic acquisition costs) — an 25 percent increase compared to the fourth quarter of 2010.

Life is a little different for James Durbin this January. Last year's fourth place "American Idol" finalist is no longer belting out rock tunes on the "Idol" stage, but watching the TV competition from the comfort of his own Santa Cruz, Calif. home, with his new wife Heidi and their son Hunter.
Durbin told CBSNews.com that while tuning into the season premiere on Wednesday night he saw some familiar faces on the show: "Idol" hopefuls who auditioned in previous years, but didn't make it.

Google+, Google's fledgling social network, now has 90 million users according to CEO Larry Page. 

Page disclosed the number in a press release issued for Google's fourth quarter. "I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally – well over double what I announced just three months ago," Page says.

Last November, Adobe announced its decision to halt Flash development for mobile browsers, chipsets and operating systems.

Instead, the company plans to develop on the open HTML5 platform. While the announcement may seem startling given the legacy of Adobe's business, the launch of Adobe Edge back in August marked the clear beginning of the company's pivot toward HTML5.

Skillshare is a platform for instructor-led, in-person classes. You can search for classes to take or propose to teach a class topic. 

As the name implies, Skillshare is a community of experts and entrepreneurs; therefore, the best teachers are some of the most intrepid students. And if you set your mind to it, teaching on Skillshare can actually help sustain your livelihood, without the traditional overhead of an institution. Here's how.

Over the past decade, many have pondered Apple's closed-door, top-down culture, and now with the passing of its CEO, Steve Jobs, some speculate whether that culture will continue.

In the context of the meteoric growth of social platforms like Facebook and Twitter, one can't help but wonder — is it time for Apple to get social?

Abstract or dead simple? Clever irony? Cute and playful? There are endless paths to take when brainstorming your new business name. But for many small business owners and entrepreneurs, the naming process is fraught with uncertainty and doubt.
Yet, the stakes couldn't be higher.