Facebook Has New Simpler Privacy Settings

The online social network is testing new ways for users to set privacy settings for any piece of content they post on the site.

Sirius XM's Mel Karmazin Gets A Pay Raise

The satellite radio company's board votes to extend through 2012 the contract of the CEO, who gets a pay raise of $250,000 a year

TerreStar Launching Pocket-Size Satellite Phone

Reston-based satellite firm TerreStar Networks is gearing up to launch a smartphone and phone service this year that will combine terrestrial wireless service with its upcoming satellite service.