Updated from 8:52 a.m. EDT with additional trending search topics.

NEW YORK (

TheStreet

) -- "Arnold Schwarzenegger" and "Maria Shriver" are trending Internet search topics on Tuesday after the two announced that after 25 years of marriage they have decided to split up.

"This has been a time of great personal and professional transition for each of us," they said in a joint statement on Tuesday. "After a great deal of thought, reflection, discussion, and prayer, we came to this decision together.

Shriver, 55, a TV journalist, and Schwarzenegger, 63, an Austrian-born action movie star who became the governor of California in 2003, got married in 1986. They have four children together between the ages 14 and 21.

"At this time, we are living apart, while we work on the future of our relationship," they said. "We are continuing to parent our four children together. They are the light and the center of both of our lives."

Schwarzenegger left the governor's office last January after a difficult term. Reports speculate that he may soon star in another "Terminator" film.

"Skype" is a heavily searched topic after

Microsoft

(MSFT) - Get Report

agreed to buy the Internet phone service for $8.5 billion on Tuesday.

>> Stocks Cheer M&A as Microsoft Nabs Skype

The all-cash deal will put Microsoft in one of the

leading positions as an Internet communications operator

. The company will go up against other tech giants like

Cisco's

(CSCO) - Get Report

WebX,

Apple's

(AAPL) - Get Report

FaceTime, as well as telco partners like

AT&T

(T) - Get Report

and

Verizon

(VZ) - Get Report

, who now have a more imposing voice and video competitor.

The deal is Microsoft's biggest acquisition. Shares of Micrsoft were dropping 1.6% to $25.42 in early afternoon trading on Tuesday as

eBay

(EBAY) - Get Report

, which still owns 30% of Skype, was gaining 2.3% to $33.90.

"Tablets" is a trending search topic after a survey conducted by Nielsen research revealed that the tablet is starting to be the primary computing and entertainment device.

According to the data, nearly one-third of the tablet owners who were surveyed indicated that they use their desktop PC less since getting a tablet. The same is true for laptops, netbooks, e-readers, and even portable music players.

Apple CEO Steve Jobs unveils the new iPad 2.

As companies such as

Apple

(AAPL) - Get Report

,

Samsung

and

Motorola

(MMI) - Get Report

continue to produce new and improved tablets, and the price continues to drop, many expect the trend will keep moving away from traditional PCs.

"Google vs. Netflix" is a trending search phrase after

Google

(GOOG) - Get Report

revealed its plans to enhance its content offerings at YouTube to compete with premium streaming services such as Hulu and

Netflix

(NFLX) - Get Report

.

YouTube will add about 3,000 titles to its new movie-rental service. It will offer films from

Sony

(SNE) - Get Report

,

Time Warner's

(TWX)

Warner Bros.,

Comcast's

(CMCSA) - Get Report

Universal Pictures and Lionsgate, according to a statement Tuesday.

"By expanding our content partnerships worldwide and stimulating the success of budding filmmakers, artists and entrepreneurs, we'll ensure that YouTube remains the best place for the world to see and discover rich talent," YouTube head Salar Kamangar said on Tuesday on the

company's blog

.

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 Theresa McCabe in Boston.

>To contact the writer of this article, click here:

Theresa McCabe

.

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@TheresaMcCabe

.

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