Today’s Best Market Rumors (1/11/2011)

Posted: January 11, 2011 at 8:20 am

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Updated throughout the day.

MySpace will layoff 500 workers. The company is a division of News Corp (NYSE: NWS) (WSJ)

The Apple (NASDAQ: AAPL) iPhone will cost Verizon $5 billion in subsidies (Bloomberg)

Douglas A. McIntyre

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