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Something about chickens and roosting MySpace has missed its financial targets, showing that social networking is struggling to earn its keep - even as part of Rupert Murdoch's globe-spanning media empire..

"If your mom or dad has a Mac, help them safeguard their digital heirlooms with Apple's Time Capsule," implores Eric M. Strauss (abcnews.com). "Time Capsule combines simple setup and a speedy wireless network with automatic backup in a tidy box. Plus, recovering Aunt Chippie's first black-jack victory photo after your mom's hard drive crashes will certainly make it all worth the cost."

If you've developed a great application using the iPhone SDK, a new web application for iPhone, or new software for Mac OS X Leopard, you could be honored with an Apple Design Award. This year, Apple offers awards in seven categories. But, hurry, the application deadline ends next Monday - on May 12.

Using his 24-inch iMac, Jean-Pierre Hébert, the 68-year-old artist-in-residence at the Kavli Institute for Theoretical Physics at UC Santa Barbara, California, creates "algorithmic art" in a variety of media-from sand to copper to tree bark. "Mac OS X is a very good environment for me to work in," he says. "It offers the best of all possible worlds."

The first online science and nature film series, TERRA lets us enjoy the compelling documentaries produced by the grad students in the Science and Natural History Film Program at Montana State University. Through multiple seasons of programming, TERRA introduces us to the nature of our world.

EAST LANSING, MI (MARKET WIRE) American Physicians Capital, Inc. (APCapital) (NASDAQ: ACAP) today announced the reelection of three directors: Board Chair AppaRao Mukkamala, M.D., Spencer L. Schneider and Joseph D. Stilwell, each with terms expiring in 2011. Shareholders today also ratified the appointment of BDO Seidman, LLP as independent registered public accountants for the fiscal year-ending December 31, 2008.

CONCORD, NH (MARKET WIRE) Mt. Washington Assurance Corporation introduced its newest home insurance programs this week in a series of meetings with independent insurance agents who represent the company for home and auto insurance.

OAKVILLE, ONTARIO (MARKET WIRE) Pethealth Inc. ("Pethealth" or "the Company")(TSX: PTZ) today announced its financial results for the quarter ended March 31, 2008.

"You can't imagine how satisfying it is to know that if your hard drive dies, you will lose no more than one hour of work," relates David Pogue (nytimes.com) in his review of Time Capsule. "The Time Machine automatic backup feature of the latest Mac OS X version backs up your Macs onto the Time Capsule, automatically, constantly, completely and wirelessly. And in my book, automatic, constant, complete backups are the only kind that really count."

Four portals, two application servers, no future Oracle is Friday expected to start laying off at least 500 staff, eliminating duplication across product engineering and management, following its $8.5bn acquisition of BEA Systems..