The Goods

July 08, 2011 | 10:19 AM |
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Biggest Stories in Tech And Social Media This Morning

Evidence of a Facebook Music Service Surfaces

References to a product called “Vibes” have been found in Facebook’s code, which could be related to the company’s rumored music service.

Space Shuttle Atlantis Prepares for Final Takeoff

Space shuttle Atlantis is scheduled to take off on its final STS-135 mission at 11:26 a.m. ET Friday from Launch Pad 39A at NASA’s Kennedy Space Center.

News of the World Shuts Down Amid Scandal

News of the World, the bestselling Sunday paper in the UK, is shutting down this week following a wave of phone-hacking and bribery scandals. Staffers have taken to Twitter to respond to critics since the announcement.

Apple Cuts the Price of iAds, Again

Reports suggest that Apple has once again cut the price of its mobile advertising platform iAd, dropping the price for entry into the program from an original $1 million to $300,000.

Further News

  • Twitter co-founder Biz Stone, who recently stepped away from his full-time position at Twitter, has accepted a new role as strategic adviser at one of its early investors, Spark Capital.
  • Two long-running ABC soap operas, One Life to Live and All My Children, will continue to live online after their on-air finales.
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