Zynga ( ZNGA) is trending as the Internet game-maker saw its shares fall nearly 13% in after-hours trading on Thursday after announcing it has changed its relationship with Facebook ( FB). Zynga said in a regulatory filing that it will no longer have an exclusive relationship with Facebook. Zynga will no longer be required to use Facebook as the exclusive social site for its games or give Facebook exclusive games. It won't have to display Facebook ads or use Facebook payments on its games any longer as well. Facebook's prohibition from developing its own games, as stipulated in its agreement with Zynga, will be lifted after the end of March. Facebook, which filed a similar disclosure, said it intends to keep working with Zynga. Zynga, which features titles including "FarmVille" and "Words With Friends," relies on Facebook for most of its revenue.
iTunes is another popular search. A month later than expected, Apple ( AAPL) revealed its redesigned iTunes 11. Apple claimed the new iTunes is noticeably faster than its predecessor. It features a new interface with a streamlined, simpler look. Albums are now displayed as titles that can be expanded to view song listings and other items. Apple's iCloud is also integrated more, allowing users to play their music, movies or TV shows from the cloud. An "up next" song feature has also been added, allowing users to see what song will follow and search for alternatives.
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.