Filed under: Company News , Technology , Facebook , General Motors By Jim Edwards General Motors has pulled $10 million in ads from Facebook because they just didn’t work, according to Wall Street Journal reporter Dennis K. Berman . Berman, the Journal’s Marketplace editor, wrote on Twitter: “GM has pulled its $10 million advertising campaign from Facebook.

Filed under: Media , Crime , Entertainment If you thought the unskippable FBI warning about piracy included on every DVD was annoying before, it’s about to get even worse. Soon, home entertainment customers will have to sit through an additional pre-roll message, brought to you by Homeland Security. Yes, Homeland Security.

Filed under: Earnings , JC Penney , Retail By Aimee Groth On Tuesday, JCPenney CEO Ron Johnson presented on the company’s Q1 earnings and its ongoing strategy in New York City. This was right after the company announced that it missed sales expectations by 15% .

Filed under: Technology , Investing , Facebook , Market News A lot of people have been scrambling for a piece of Facebook’s IPO this week, but you’re probably out of luck. Underwriters save their allotments of freshly minted shares for prized clients, leaving most ordinary individual investors to bid on new offerings after they hit the open market and get bid up to higher prices. In this case, it’s just as well.

Filed under: JP Morgan Chase , Market News , Banking Hey, Wall Street? Chicken Little called. She says you need to stop overreacting to JPMorgan Chase’s $2 billion trading loss