This week in the Tech News Round-up: Google seems to be working on its own Dropbox competitor, whilst Facebook attains its largest valuation figure ever. FULL STORY >

A release date has officially been set for new arcade fighter Marvel vs Capcom 3. FULL STORY >

Farmville creators Zynga settles lawsuit with Disney for an undisclosed amount. FULL STORY >

The WD Livewire Powerline AV network kit enables users to connect a multitude of multimedia devices without having to drag extra cables throughout the house. FULL STORY >

Facebook applies for and succeeds in procuring trademarks to the word "face". FULL STORY >

Nokia unveils two new phones aimed at budget-conscious buyers. FULL STORY >

Ninuku Archivist is a new service that will organise your Facebook posts into a chapter-by-chapter book of sorts. FULL STORY >

Facebook improves its messaging service and in the process provides competition for traditional email services of choice such as Gmail. FULL STORY >

Telkom has unveiled the internet and contract packages for its newly launched 8ta cellular network. FULL STORY >

Venezuelan president Hugo Chavez has surpassed the million mark in Twitter followers. FULL STORY >

Facebook admits certain applications sold private user data to outside companies. FULL STORY >

MySpace unveils a huge redesign in a last bid effort to save the sinking social network. FULL STORY >

A US mother has pleaded guilty to killing her child after he wouldn't stop crying while she was trying to play an online game. FULL STORY >

Nokia Siemens Networks has unveiled its Phantom DSL technology that allows DSL speeds to be pushed to 825 Mbps. FULL STORY >

New reports surface that indicate that third party applications on Facebook are stealing private user information. FULL STORY >