The latest version of Apple's smartphone is available in the U.S., Australia, Canada, France, Germany, Japan and the U.K., and is expected to beat sales of the iPhone 4 when it was released last year.
Some estimate Apple could sell as many as 4 million units of the iPhone 4S this weekend. The iPhone 4 sold 1.7 million units in its first weekend.
Skype is trending after Microsoft (MSFT) officially completed its acquisition of the company. European regulators approved the deal, which was originally announced in May, last week. Skype products, including its voice-over-Internet protocol service that allows people to make calls over the Internet, will be integrated into Microsoft products but will continue to be offered where they currently are. Not only will the deal give Microsoft a foothold in the Internet-calling space, but Skype has a partnership with Facebook that could help the company compete with online services like Google+ "hangouts" and Yahoo Messenger.
Volkswagen is another popular search. Suzuki Motor has accused the car company of breaching an agreement to share hybrid technology. Suzuki served VW with a breach of contract notice, demanding that the company share the technology within weeks or else VW must sell back its stake in Suzuki and end their alliance. VW bought a 19.9% interest in Suzuki for about €1.7 billion in January 2009. The partnership at the time was meant to increase VW's presence in India and offer Suzuki access to technology it otherwise could not have afforded. This is not the first time the companies have feuded. Last month, VW accused Suzuki of breaching their agreement by obtaining diesel engines from Fiat, demanding the companies end their relationship.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.
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