She may have bet wrong on the presidential sweepstakes, but former eBay CEO Meg Whitman has a number of things going for her as a California gubernatorial candidate.

While many billionaires watch their portfolios shrivel, and nonprofit organizations worry about their reliance on those portfolios, one well-known philanthropist plans to expand his giving.

Apple CEO Steve Jobs unveiled a new, improved Apple iPhone today, with prices starting at $199 for the 8GB phone - less than half the price of the original model.

Three of the biggest companies in the music industry will be providing content for web-newcomer PluggedIn, which offers high-definition music videos and concerts to be streamed online for free.

Mitt Romney’s years at Bain & Company and Bain Capital are proving useful beyond the millions he is able to pour from his personal fortune into his presidential campaign.

Two of his finance co-chairs - Meg Whitman of eBay and David Brandon of Domino’s Pizza - have Bain ties.

The Washington Post noted yesterday that the campaign had attracted at least $196,000 in donations from Bain employees.

Romney personally loaned nearly $9 million to the campaign during the first six months of 2007.