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Facebook Vibes, the Google+ baby experiment, the best summer employees, and more. Facebook venturing into music? Mashable reports the social networking site may be looking to build a music service called Facebook Vibes.

Apple's upcoming iPhone 5 will be "thinner and lighter" than the iPhone 4 and also sport an 8-mega pixel camera, according sources who spoke to official Apple leakbucket

Mark Zuckerberg most popular on Google+, small businesses still struggling, Amazon launches pet store, and more. Mark Zuckerberg dominates Google+.

A new advertising start-up, MySpace layoffs, tech companies that burn investors, PepsiCo's renewed focus, and more.

Foursquare raises $50 million, Skype's "evil" investors, the Chinese Twitter, ROI on social media and more. Foursquare takes the 'check.' Just a few days after Foursquare announced its partnership with American Express, The New York Times is reporting that they've raised another $50 million in funding. A shady move by Skype investors?

The Wall Street Journal reported yesterday on the latest plan to shore up our country's finances and jumpstart the economy: A new tax-repatriation holiday. The holiday would involve drastically lowering taxes on corporate profits for companies that choose to bring assets back into this country. (It's common practice for big companies to store most of their cash in tax havens in order to avoid paying the 35 percent corporate profit tax

Foursquare partners with AmEx, an 'Anonymous' group of hackers, the Winklevosses back down, social innovation, and more.

The Melt, how businesses can reduce credit card fees, Roost reinvents itself, a career makeover, and a CEO's rockstar mentality. From Flip to Grilled Cheese.

This is the complete rear face of the sun, imaged for the first time in this manner by NASA's two STEREO solar imaging spacecraft on June 1. It's intriguing, and also relevant: Scientists are predicting that the next 11-year Solar Cycle could be very muted, which some suggest leads to an extended period of cold weather on Earth.

Let's begin with the biggest news of the day: Groupon 's CEO makes 575 times what Steve Jobs makes as chief exec at Apple.

Memo to TwitPic and ImageShack, you're screwed! After a couple of days of fevered rumors, the Wall Street Journal's All Things Digital has confirmed that Twitter will be launching its own photosharing service as soon as tomorrow (Wednesday).

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day.

A small company temporary lost its funding because of an unsavory tweet, plus four IPOs you should know about and the rest of today's news. Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs. Here's what we found today

1. Apple 's cloud music service (possibly to be called iCloud) is looking more like a done deal--"multiple" sources are saying Apple's just signed a deal with EMI and is close to signing Sony and Universal too.

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day. "Turks Protest Internet Censorship" Pre-emptive protests against Internet censorship have sprung up in over 40 cities to rally against the Turkish government's voluntary obscenity filters. The tiered system plans to have four levels: children’s profile, family profile, domestic or standard profile, and may ban words like "blonde" and "sister-in-law." Concerned citizens do have reason to worry that such measures could lead to censorship, as Turkey already bans a number of popular sites, including YouTube.