Mashable reports that Zynga is releasing Running With Friends, an endless runner social game, which is intended to capitalize on the popularity of the original version of the game, Temple Run, which is the 9th most downloaded iOS app. Read More

Bloomberg reports that Apple Inc. avoided approximately $9.2 billion in taxes by financing part of a $55 billion stock buyback with debt instead of offshore cash that would have been billed by the U.S. government, Moody’s Investment Services estimates. Gerald Granovsky, a senior vice president at Moody’s said that according to the current interest rates, Apple will shell out interest of about $308 million a year on the $17 billion bond offering. Read More

A new NPD Group report shows that while Apple iTunes still dominates the digital music download market with 63%, AmazonMP3 continued to increase its market share and now has over 22% of the market. . Read More

Apple® today announced that music fans have purchased and downloaded more than 25 billion songs from the iTunes Store® (www.itunes.com), making it the world’s most popular online music, TV and movie store. Read More