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Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.

Hackers apparently broke into at least two of North Korea's government-run online sites Thursday, as tensions rose on the Korean Peninsula. The North's Uriminzokkiri Twitter and Flickr accounts stopped sending out content typical of that posted by the regime in Pyongyang, such as photos of North's leader Kim Jong Un meeting with military officials.

Companies can use social media such as Facebook and Twitter to unveil key information about their operations as long as they’ve told investors where to look for it, the Securities and Exchange Commission announced Tuesday.

A year ago, OMGPOP CEO Dan Porter sold the games-maker to Zynga for $180 million-plus, and became the head of the company's New York outpost. Now he’s out. Porter’s departure isn’t a huge surprise, given both his timing (presumably long enough to hit certain employment and/or earn-out goals) and the fact that Zynga ended up writing off at least half of its OMGPOP deal a few months after it closed.

Regulators in Google's largest European markets are taking joint action to try and force the company to overhaul its privacy policy.

We knew that the Human Right Campaign’s (HRC) red and pink logo in support of gay marriage had spread across the web at a record pace, but Facebook is now confirming that with some numbers. Facebook says that millions of people change their profile photos every day, but on Tuesday, March 26, the day the HRC asked gay marriage supporters to “paint the town red” with a new logo, 2.7 million more users changed their photo compared with the previous Tuesday. Profile photo uploads were up by 120 percent, it says. Facebook has more than a billion users.

Yes, this again. Facebook on Thursday sent out invitations for a press event that promised to show off the company’s “new home on Android,” which naturally led to fresh speculation about the company’s intention to produce its own Facebook-centric smartphone.

Amazon.com Inc., the world's biggest online retailer that got its start in bookselling, has agreed to buy book recommendations site Goodreads. Financial terms of the deal were not disclosed.

Facebook's stock market debut left founder and CEO Mark Zuckerberg with a paper fortune currently valued at $13 billion -- and a 2012 tax bill of around $1.1 billion.vZuckerberg's whopping tax hit stems from his move last May to increase his stake in Facebook. On the day of Facebook's initial public offering, Zuckerberg exercised a stock option and purchased 60 million Facebook shares at a "strike price" of 6 cents each.

An escalating cyberattack involving an antispam group and a shadowy group of attackers has now affected millions of people across the Internet, raising the question: How can such attacks be stopped? The short answer is: Not easily. The digital “fire hose” being wielded by the attackers to jam traffic on the Internet in recent weeks was made possible by both the best and worst aspects of the sprawling global computer network. The Internet is, by default, an open, loosely regulated platform for communication, but many of the servers that make its communication possible have been configured in such a way that they can be easily fooled.