How does one of the world's richest men lose more than $30 billion in a single year? With hubris, mostly.

Reuters has a nice long dive of an article looking at how, exactly, MySpace ended up in the toilet after News Corp. bought it for $580 million in 2005. The best part, though, is short and sweet:

Facebook thinks it can become a trillion-dollar company, two sources tell Business Insider, or twice as valuable as Apple and Google combined. That will require very clever exploitation of private user data. But if anyone can do that, it's Facebook!

Historically, big tech companies start building new gigantic corporate campus instead right before they implode. Oh, look: Yahoo's drawing up plans for a 42-acre project and hadn't laying off thousands of workers.

Continuing her unstoppable PR rampage, Google executive Marissa Mayer took to NBC's Press:Here, a Silicon Valley interview show. The cupcake princess of search defended her by-the-numbers approach to Google's design.

Since Valleywag broke the news that Google was closing two of its free cafés this week, they've been busier than ever as hyperentitled Googlers race to get one last taste. And complain about the lines.

Jonathan Rosenberg, a top executive at Google, has let loose with a 4,492-word treatise on the future quoting presidents and deriding "the faceless scribes of drivel." It is the best window yet into Google's egomania.

It's like the story of rise and fall of American hubris itself: once upon a time, in the heady days of 2005, Procter & Gamble decided that consumers would not be satisfied with a mere four-blade razor. So they launched Fusion, which boasted five blades and an embedded mini-vibrator, so that American men could enjoy…

Passion: it's a word. But for Men's Health editor Dave Zinczenko, it's a word! That exclamation point represents passion—Dave's passion for his book, Eat This, Not That! Yesterday we heard the rumor that Dave, Julia Allison's old boyfriend, was looking for a new publicist to get him back on the Today show (he said no,…

Lately, there's been a downturn in the ad market. Even online advertising isn't growing as fast as it used to. But don't expect these macroeconomic trends to effect Google's second-quarter earnings report today. Google isn't a bellwether for the economy, CEO Eric Schmidt told reporters in Idaho last week. "We make…

Jake Orion, the guy in charge of Android development at Sprint, says that while "Google’s confidence, vision and self assurance are refreshing and innovative," Google needs to " to appreciate and address industry fundamentals more pragmatically." Specifically, Orion told AndroidGuys.com Google needs "a more…

John Sterlicchi, writing for the U.K.'s Guardian, just emailed me asking for my thoughts on "this Google daycare fiasco." (The short version: Google closed an outsourced daycare facility in favor of one run in-house, and hiked prices 70 percent, far above market rates; Googlers with kids in the facility, and those…

Joe Nocera of the New York Times has taken note of Google's childcare crisis. A brief recap: After taking its childcare programs in-house, at the behest of Google executive Susan Wojcicki, the sister-in-law of founder Sergey Brin, Google hiked its rates 70 percent. Parents were infuriated not just at the price hike…

Shareholders will likely be relieved by Google's standout performance in the first quarter. The stock, which had been sinking like a rock, will almost certainly rebound. And Google's self-satisfied executive team will congratulate themselves once again. Hubris, reinforced by the numbers, reigns at the Googleplex.

College! It's a time of self-expression and experimentation, especially if you're born idly rich. What's worse than jokingly calling yourself, say, the Duchess of Harvard? A former college chum of socialite Emily Brill tell us that the license plate on her Lexus SUV read, "PgeSixGrl." Perfect for tooling around the…

It seems like just yesterday that blonde Obama-supporting large-breasted and beautiful actress Scarlett Johansson burst onto America's celluloid consciousness in Home Alone 3 but that was more then a decade ago. ALl things considering, she's waited a while to start directing. Now, at age 24, Ms. Johansson has decided…

Bloomberg aides continue insisting to everyone who'll listen, take down their quotes and eventually publish them that their boss isn't planning a run for president, and then they all lay out their brilliant, Machiavellian plans for ensuring Mayor Mike the Oval Office. Today's Journal presents this unnerving…

From the mailbag, regarding our favorite author-being-divorced-for-Ted-Turner: