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Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.

Just prior to its much-hyped stock market debut, Facebook Inc. (Nasdaq: FB) bought the photosharing website Instagram for $1 billion in cash and stock. Now, with the world's biggest social network trading at half its IPO price, Instagram's deal doesn't look as nearly as sweet.

European rabbis as well as Israel?s Minister of Public Diplomacy have criticized Apple (Nasdaq: AAPL) for publishing and selling an Arabic-language app of ?The Protocols of the Elders of Zion,? probably the best-known anti-Semitic forgery.

On Sunday, celebrities, athletes and those in the limelight gathered in Santa Monica, Calif. for the 2012 Do Something Awards by VH1 to celebrate the year's most charitable people. Some of the best dressed of the night on the red carpet included Lea Michelle, Kristen Bell, Ashley Greene, Nikki Reed and Olivia Munn. View photos of the red carpet and ceremony and a full list of winners ahead of the VH1 broadcast which will air on Tuesday.

Internet finance mogul Marc Andreessen, who invested $40 in the company months before it went public last November, has cashed out, while investors Fidelity and Maverick Capital have sold a large portion of their shares.

With casting news slowing down and filming underway, "American Horror Story" is ready to tease fans about the upcoming second season. On Friday the Facebook page for the FX show posted an odd "Special Delivery" video for fans to enjoy and question. The show has quickly followed up with a second video titled "Blue Coat," and it is just as confusing as the first.

Coventry Health Care, Barclays Plc, Facebook, Apple Inc, Infosys, Waste Management and Deutsche Bank AG are among the companies whose shares are moving in the pre-market trading Monday.

Apple?s upcoming mobile operating system iOS 6 is set for a fall release date, but hackers have already found a flaw within the software. It was reported that the SMS messaging in iOS 6 can be manipulated so that the sender of the message can change the ?Reply To? number a different number than the original.

IBTimes' weekly roundup of winners and losers in the world of business.

The release date for Apple’s iPhone 5 is allegedly coming in September alongside an iPad Mini, and the Internet has not stopped buzzing with rumors and speculations about the device. This information has not been confirmed by Apple, but increasing evidence points to the following: fans could see the iPhone 5 next month.

Amid the continue foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.

FX's Emmy nominated series "American Horror Story" is prepping for a haunting second season, and they are finally treating fans to their first video sneak peak.

ArcelorMittal, Nokia Corp, Frontline Ltd, Barclays PLC, Facebook Inc, Idenix Pharmaceuticals Inc, VIVUS Inc and Knight Capital Group Inc are among the companies whose shares are moving in pre-market trading Friday.

The widely successful camera app Instagram has just received a new update that will incorporate location-based tags. The function, known as Photo Mapping, has rolled out to both Android and iOS-based iterations of the app.

Trading in U.S. stocks has been going on at a snail's pace recently, a fact market-watchers are blaming on policy uncertainty, but could also be the result of investors fed up with the fragmented, unpredictable nature of the market.

Dennis Crowley, Foursquare Co-Founder and CEO, discusses the most recent iteration of the app, rolled out in early June, what went into the process of creating it and why the Foursquare app is more than just about publicly announcing one's location.

The release date for Apple’s iOS 6 is less than a month away, with the upcoming iPhone 5 expected to launch around the same time. Users may be excited about features such as the new map app from Apple, but there is one app that fans will be missing for certain: YouTube.

Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, plunged more than 5 percent when the market opened Thursday, as insiders were free to unload as many as 241 million shares.

Electronic Arts Inc, Coinstar Inc, Cisco Systems Inc, Netflix Inc, Frontline Ltd, Knight Capital Group Inc, Facebook Inc and Nokia Corp are among the companies whose shares are moving in pre-market trading Thursday.

Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.

EA Games is transforming "Command & Conquer" into a free-to-play multiplayer game, while Zynga revealed plans to publish partnered content being distributed in a more traditional publishing model than the one it pioneered.

Alexa Dell, the daughter of Dell, Inc. (NASDAQ: DELL) CEO Michael Dell, had her Twitter account taken down after sharing an Instagram photo on the Tumblr Rich Kids Of Instagram.

Hank The Cat released a new ad as part of his ongoing campaign for an open Virginia Senate seat, and it's message is clear: the humans don't deserve the job.

Any trial in U.S. District Court of the more than 50 shareholder lawsuits alleging fraud by Facebook (Nasdaq: FB), the No. 1 social networking site, and its underwriters could be as much as five months away, lawyers said.

The "announcement" of Paul Ryan as Mitt Romney's official running mate in the 2012 presidential elections has officially shaken up race leading up to November. Suddenly, the conversation has shifted from tax returns and jobs to healthcare and the future of Medicaid. There is one man that could provide some perspective on Ryan, his proposals, and his history, and that man happens to be Ryan's congressional opponent in Wisconsin, democrat Rob Zerban.

The PSA, produced almost 20 years ago by Ray Bjork Elementary School, advocates for Internet access at schools, with youngsters asking, "Why should I be on the Internet?" The answers may surprise you.

Apple’s iPhone 5 is rumored for a Sept.21 release date, and the Internet has not stopped buzzing about potential features, alleged leaks and speculation. Although it is nearly certain that the upcoming iPhone 5 will support 4G LTE connectivity, there is now more evidence to back up this claim.

A prominent Shi'ite clan in Lebanon announced Wednesday it has kidnapped more than 20 Syrian nationals in retaliation for the alleged abduction in Damascus of one of their own by members of the Free Syrian Army. Meanwhile, a bomb was detonated in Damascus.