" This is Money Markets & More for Wednesday middle of the week day October 7 209. From the newsroom of the MarketWatch radio network I'm Steve Potisk coming up. Home theaters around home offices are red since went on Google and Microsoft the little guy."

" Since they try to get into the mobile phone market and Tracy -- and I'll have the daily tech update."

" And I'm John Ward on coming up Hollywood has -- arch enemy and it's called Twitter Twitter that's consumer race and Kate's. Yes I know she -- salon goes on and on -- answers but we'll talk more about this with her in a moment."

" But first this. What are Wall Street's biggest names say in about stocks and the economy. Listen to Morning Stock Talk weekday mornings only here. Marketwatch.com. On the daybook OK we just cut profit results from a few companies but the real earnings reporting season is now getting underway without cola. The first Dow stock to put up its results. But it's not alone among others expected to report Costco Monsanto and Ruby Tuesday. Now in addition to profit reports we will get the latest on mortgage demand petroleum supplies and consumer credit. On this date in history 1826. The granite railway it was built from there to carry granite for the Bunker Hill monument from Quincy to a doctor on the the ponson river in Milton Massachusetts began operations as the first commercial railway in the US. 1868 Cornell University holds opening day ceremonies initial student enrollment is 412. That's the highest of any American University to that date. 1919. KLM of the Netherlands it was founded and it's the oldest airlines still operating under its original name. 1933. Air France starts flying after being formed from merger of five different French airlines but cool."

" Well okay."

" Then the I found."

" It was 1952. American Bandstand debuted on channel six in Philadelphia. And in 1982 cats opened on Broadway it ran for nearly eighteen years before closing on September 10 2000. At a 2003 Gray Davis recalled as governor of California three years before the official end of his term and the Governor Arnold Schwarzenegger was elected governor I'll be back it's money markets and -- from marketwatch.com. As homeowners scale back expectations when it comes to home sizes and what amenities they contain. The American Institute of Architects says budget conscious Americans are less interested in having hobby gamer media rooms. And instead home offices are gaining in popularity now homebuyers are still willing to spend more to ensure their new home is energy efficient. If you have held your 401K retirement plan for at least five years you lost a lot of ground last year but you're still ahead overall. The study from the Employee Benefit Research Institute says while the average account balance sank 24%. In the 2008 bear market. Participants still solve their average account balances rise an annual rate of about 7% over the last five years. Don't hang up but Microsoft and Google are taking their ward of the mobile phone front Tracy -- has more in the daily tech update."

" exactly describe Google and Microsoft ends the little guy Steve for me you weren't not exact picture I year old. But anyway that is exactly what Google and Microsoft are in the Smartphone market they are the little guy at least compared to your Research in Motion and apple. -- are seeking to change that. Google has landed another big ally in its push into the market Verizon Wireless will develop and sell mobile phones using. Google's Android operating system. Android is already featured system in some T-Mobile and sprint phones. Not to be outdone Microsoft is out with an update to its Windows Mobile software it says version six point five will be used by such companies as AT&T and Vodafone. To bring thirty new mobile devices to market by the end of the year. A couple of the features -- sounds familiar. Touch screen controls and an online app store Steve. -- future what's called little."

" One night. And a onetime little guys making a lot of onetime big guys very nervous John -- and -- talking about Twitter. And its impact on Hollywood."

" Thought every day that we get to quote. Mr. fat here on Money Markets & More -- to sing along now hit me on Twitter. Hit me on Twitter. Hollywood is worried about Twitter. In particular are you going on Twitter that social networking side and then trashing some movie you've seen. Maybe even doing it during the movie. And let's bring in consumer race and hate to talk more about how this social media juggernaut is now upsetting and very old form of media."

" Does it even has a name it's called the Twitter effect and there is a big example of that this past summer. When the movie Brunell opened to very strong box office. And then subsequently tank right after that because people did not like the movie and they went on Twitter and put out some negative tweet about it so it really is a phenomenon that's going on right now on Hollywood have you done it. -- about a movie gas now. Norton or -- I I like to tweak though but. And you -- MarketWatch radio network on Twitter that's right it MW radio but we don't do movie reviews we don't in the very obvious. Some some Hollywood studios though have been trying to take advantage if you caught that of Twitter site for example of with some of its big movies lately. Like the ugly truth and Julian Julianne district nine. Have been sitting up that's has been setting up individual Twitter sites for each of those movies and and they sent tweet about the movie. Then once it makes its debut it tries to keep up the momentum -- the buzz by offering exclusive content to that Twitter followers and and the continued discussions about the movie so some some in Hollywood are trying to take advantage as a percent of of the twitters and that's out there in my as well go along for the ride."

" You know someone who is hunch -- memorial in nature could actually set up. A movie review twitters site and all you do is follow what this guy does when he goes to movies. And he gives blow by blow accounts of what he thinks of each movie there. Maybe even scene by scene I mean we could really get in depth there yeah you can I wonder if there's somebody like -- on -- wouldn't surprise me -- found them but if you know someone out there we'd love to hear from mile MarketWatch radio newsroom. At Yahoo.com. -- Knoll. May be yourself. You know maybe you are doing it or someone else out there. That you know of who is trying. To to pick apart Hollywood's finest creations for an --"

" Narrative that's an end and Hollywood while they did that they're not. Embracing the concept fully it's not like it's a big part of movie's budget or anything although they do have staff members. Cleaning up the page and sending out the -- to stuff like that the one guy at Sony in fact told advertising age that paid. Twitters here to stay and it's really a way to. Take the pulse of the concern over in real time finding out what they're really thinking right now so maybe I guess you could divert a movie disaster if you follow enough interest thing."

" Very very interesting how. The Internet social media is impacting the old forms of media there and Hollywood is not exempt from."

" Another an -- I see people on FaceBook who will go to moving come back and post about it and other people talks as it's a sort of the same idea. As a as Twitter but that date these social networks people are in there just hugely hugely popular and corporations. Need to keep up with their product or their brand and find out what people are saying and very good."

" Consumer base and Kate's joining us thanks -- thank you."

" have finally new waterproof headphones on the market perfect first surfers. San Diego based H two O audio has unveiled three new waterproof headphones including the surge sports wrap. Which is an ergonomically designed -- headphones for use while running wake boarding and yes surfing. That's it for Money Markets & More but I get in touch write to us at MarketWatch radio newsroom at Yahoo.com. I'm Steve Potisk us again next."