Louis Basenese of Wall Street Daily writes:

"Almost without exception, social media IPOs have proven to be a sucker’s bet. To date, none of the hype has translated into any profits for everyday investors. And I don’t expect that track record to improve any time soon."

Please read more here.

More stupidity and corruption from U.S. politicians, Hollywood and the main stream media!

The wave of online protests against two Congressional bills that aim to curtail copyright violations on the Internet is gathering momentum. Wikipedia is the latest Web site to decide to shut on Wednesday in protest against the two Congressional bills.

Rapper and entrepreneur 50 Cent chats with SmartMoney's Kelli Grant about his new headphones from SMS Audio.

A small glimmer of hope in the midst of all the madness.

Ken McCarthy presents the secret to stopping SOPA - the mass media attack on the internet.

I know some folks who spend hours on facebook - making money for Mark Zuckerberg.

So perhaps they can use facebook to make some money for themselves too!

Here are the 24 cosponsors of SOPA (the House bill).

At a House Judiciary Committee hearing, Democrats and Republicans joined together to voice support for legislation that would criminalize much of the activity that occupies the Internet.

The bipartisan bill known as the Stop Online Piracy Act would establish major new powers for corporations intent on corralling copyrighted materials -- powers that would lead to big legal bills for start-ups and Silicon Valley giants alike.

Buyer beware!