An anonymous reader writes with this snippet from CNET: "CNET has learned that the FBI has formed a Domestic Communications Assistance Center, which is tasked with developing new electronic surveillance technologies, including intercepting Internet, wireless, and VoIP communications. 'The big question for me is why there isn't more transparency about what's going on?' asks Jennifer Lynch, a staff attorney at the Electronic Frontier Foundation, a civil liberties group in San Francisco. 'We should know more about the program and what the FBI is doing. Which carriers they're working with — which carriers they're having problems with. They're doing the best they can to avoid being transparent.'"

mrquagmire writes with this snippet from CNET: "Facebook shareholders have sued the social network, CEO Mark Zuckerberg, and a number of banks, alleging that crucial information was concealed ahead of Facebook's IPO. The lawsuit, filed in the U.S. District Court in Manhattan this morning, charges the defendants with failing to disclose in the critical days leading up to Friday's initial public offering 'a severe and pronounced reduction' in forecasts for Facebook's revenue growth, as users more and more access Facebook through mobile devices, according to Reuters, which cited a law firm for the plaintiffs."

An anonymous reader writes "Canada's proposed Internet surveillance was back in the news last week after speculation grew that government intends to keep the bill in legislative limbo until it dies on the order paper. This morning, Michael Geist reports that nearly all of the major Canadian telecom and cable companies have been secretly working with the government for months on the Internet surveillance bill. The secret group has been given access to a 17-page outline (PDF) of planned regulations and raised questions of surveillance of social networks and cloud computing facilities."

benfrog writes "Microsoft just quietly launched so.cl in an experiment to more closely unite web searches and social networking. It's not intended as a stand-alone social network — users can log in with Facebook or Windows Live IDs, and it will share your searches publicly by default. "As students work together, they often search for the same items, and discover new shared interests by sharing links. We see this trend today on many social networks, such as Twitter, where shared links spread virally and amplify popular content. So.cl experiments with this concept by automatically sharing links as you search." They've also (wisely?) put Bing Search at the center of the site."

howhardcanitbetocrea writes "WHMCS has had 500,000 records leaked, credit cards included, by hackers calling themselves UGNazis. Apparently UGNazis succeeded in obtaining login details from the billing software's host by using social engineering. UGNazis accuse WHMCS of knowingly offering services to fraudsters. After almost 24 hours UGNazis still seem to have control of WHMCS twitter account @whmcs and is regularly updating their exploits. These tweets are also feeding into WHMCS software."

First time accepted submitter gtirloni writes "Just days after wrapping up the biggest initial public offering in Silicon Valley history, shares of Facebook slumped 6% and tumbled below their issue price on Monday, a troubling signal for the newly-public social network. Facebook broke below its $38-a-share issue IPO price in the wake of a highly-anticipated offering that raised more than $16 billion, the second-largest domestic IPO after Visa's 2008 debut. Shares of Facebook were recently off 6.44% to $35.72."

Diggester writes with this news from the Times of India: "Pakistani authorities on Friday further widened the crackdown on websites with blasphemous contents by restricting access to popular social networking website Twitter. Pakistani users were unable to log into Twitter after internet service providers blocked access to the site." The block was prompted by Twitter's refusal to take down messages promoting a cartoon contest to which the Pakistani government objects for its depictions of Muhammad. This end-run falls right in line with the pessimistic reaction from Reporters Without Borders to the Pakistani court decision calling Internet censorship unconstitutional.

theodp writes "A day after taking Facebook public, CEO Mark Zuckerberg changed his Facebook status to 'married' after wedding longtime girlfriend and recent med school grad Priscilla Chan on Saturday. No word if Zuckerberg heeded Donald Trump's prenup advice."

Hugh Pickens writes "Steve Blank, a professor at Berkeley and Stanford and serial entrepreneur from Silicon Valley, says that the the Facebook IPO is the beginning of the end for Silicon Valley as we know it. "Silicon Valley historically would invest in science, and technology, and, you know, actual silicon," says Blank. "If you were a good venture capitalist you could make $100 million." But there's a new pattern emerging created by two big ideas that will lead to the demise of Silicon Valley as we know it. The first is putting computer devices, mobile and tablet especially, in the hands of billions of people and the second is that we are moving all the social needs that we used to do face-to-face onto the computer and this trend has just begun. "If you think Facebook is the end, ask MySpace. Art, entertainment, everything you can imagine in life is moving to computers. Companies like Facebook for the first time can get total markets approaching the entire population." That's great for Facebook but it means Silicon Valley is screwed as a place for investing in advanced science. "If I have a choice of investing in a blockbuster cancer drug that will pay me nothing for ten years, at best, whereas social media will go big in two years, what do you think I'm going to pick?" concludes Blank. "The headline for me here is that Facebook's success has the unintended consequence of leading to the demise of Silicon Valley as a place where investors take big risks on advanced science and tech that helps the world. The golden age of Silicon valley is over and we're dancing on its grave.""

Facebook's much-hyped IPO kicked off today, but an anonymous reader points out that things didn't go quite as smoothly as investors hoped. "Public trading didn't get underway until about 11:30 a.m. ET, half an hour after it was supposed to. The delay was likely caused by the huge amount of interest in the stock – especially by retail investors. In the first few minutes of trading, Facebook shares were only up between 5 and 10 per cent and by noon were essentially back down to the IPO price of $38. Many observers had expected the stock to double in price by the end of the day, if not sooner." The NY Times has a data visualization showing how Facebook's IPO compares to other tech IPOs throughout the years, and how the first day of trading treated all of those companies. Meanwhile, the debate is lively over whether the social networking giant will be a good investment. "The banks helping take Facebook public want us to value this 8-year-old upstart at as much as $104 billion, more than Disney or Kraft Foods, though those companies earn three and four times more. That top valuation is also more than 100 times Facebook's earnings last year, versus 13 times for the average company. At such a high price, it will take years for this so-called earnings multiple to fall to a more reasonable level, and that's assuming the company can maintain its torrid earnings growth."

An anonymous reader writes "More than 1,000 UK government staff have been caught snooping on citizen data — including criminal records, social security, and medical records. From the article: 'The U.K. government is haemorrhaging data — private and confidential citizen data — from medical records to social security details, and even criminal records, according to figures obtained through Freedom of Information requests. Just shy of 1,000 civil servants working at the Department for Work and Pensions (DWP), were disciplined for accessing personal social security records. The Department for Health (DoH), which operates the U.K.’s National Health Service and more importantly all U.K. medical records, saw more than 150 breaches occur over a 13-month period.'"

snydeq writes "J. Peter Bruzzese sees a solution for organizations seeking to cut down employee time spent on social networks at work: treat social networking like a smoke break. 'Try as you might to keep social networks at bay, mobile devices let people be in constant connection to their social networking vices over the cellular networks, which you can't block. Still, it's not completely impossible to stop social time-wasting over mobile: You can establish policies that, if enforced strongly enough, eliminate social networks from being accessed on company time. Treat it like smoking: Let employees take a 15-minute coffee/smoking/Facebook break and make them go to a designated area to do it.'"

MikeatWired writes "The malware business growing around Google Android — now the leading smartphone operating system — is still in its infancy. Today, many of the apps built to steal money from Android users originate from Russia and China, so criminal gangs there have become cyber-trailblazers. Sophos and Symantec on Wednesday released their latest Android malware discoveries written in Russian. While the language narrows the number of potential victims, the social-engineering tactics used to get Android users to install the malware is universal. The gang tracked by Sophos is using fake antivirus scanners, while Symantec is tracking cybercriminals using mobile websites to offer bogus versions of popular games. Sophos says the criminals are like other entrepreneurs launching startups. They're starting in Russia, but have far greater ambitions. 'I don't think we can say that they're necessarily using it as a testing ground — think of it more as a local business that as it grows may gain multinational ambitions,' Graham Cluley, senior technology consultant at Sophos, said in an email interview on Wednesday. The cyber scam tracked by Sophos was reported this week by GFI Lab, which discovered links to the bogus antivirus software on Twitter. Sophos dug deeper and found that the .ru domains pointed to the same Internet protocol address hosted in Ukraine."

strawberryshakes writes "The death knell for IE6 was sounded a couple of years ago, but seems like some people just can't let go. Many UK government departments are still using IE6, which is so old — 11 years old to be exact — it can't cope with social media — which the government is trying to get its staff to use more to engage with citizens."

An anonymous reader writes "Google+ is a lonely place. At least according to a new study that paints the social networking site as a virtual tumbleweed town. Using information culled from the public timelines of 40,000 randomly selected members, data analysis firm RJMetrics found that the Google+ population, which currently numbers 170 million, is largely disengaged, with user activity rapidly decaying—at least when it comes to public posts. According to RJMetrics, 30 percent of first-time Google+ public posters don't post again. Of those who make five public posts, only 15 percent post again. The average time lapse between posts is 12 days, and RJMetrics cites a cohort analysis showing that members tend to make fewer public posts with each successive month. And the response to public posts on Google+ is extremely weak. The average post receives fewer than one reply, fewer than one '+1' (the equivalent to Facebook's 'Like'), and fewer than one re-share — basically most posts in the study did not garner any response."

CNET reports that Facebook has experimented lately with a small group of users by offering people the chance to promote their own account status messages the old-fashioned way: by paying for them. The author of the linked article asks whether it's inevitable that "Facebook will have to start dinging users in earnest," post-IPO. Facebook still says "It's free and always will be," but that doesn't rule out paying for additional features — that's certainly a model that many game makers had adopted.

An anonymous reader writes "We've heard many times and from multiple sources that text messaging is declining. There are multiple reasons for this (BlackBerry Messenger, Apple's iMessage, and even WhatsApp), but the biggest one is Facebook (Messenger). Facebook is slowly but surely killing the text message. As a result, the social networking giant is eating into the traffic carriers receive from text messaging, and thus a huge chunk of their revenues."

parallel_prankster writes "Bloomberg reports that Eduardo Saverin, the billionaire co- founder of Facebook, has renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill. From the article: 'Facebook plans to raise as much as $11.8 billion through the IPO, the biggest in history for an Internet company. Saverin's stake is about 4 percent, according to the website Who Owns Facebook. At the high end of the IPO valuation, that would be worth about $3.84 billion. Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country. Saverin won't escape all U.S. taxes. Americans who give up their citizenship owe what is effectively an exit tax on the capital gains from their stock holdings, even if they don't sell the shares, said Reuven S. Avi-Yonah, director of the international tax program at the University of Michigan's law school. For tax purposes, the IRS treats the stock as if it has been sold.'"

circletimessquare writes "Everyone in the modern world has thrown away at least one thing that was perfectly good except for an easily fixed defect, because it's just easier to buy a new one. In the Netherlands, in the name of social cohesion, and with government and private foundation grants, there is a trend called the Repair Cafe (Dutch). People bring in broken items: a skirt with a hole in it, an iron that no longer steams, and they fix each other's stuff and meet their neighbors. Now that's an idea worth keeping."

sciencehabit writes "A new study suggests that, by disrupting your body's normal rhythms, your alarm clock could be making you overweight. The study concerns a phenomenon called 'social jetlag.' That's the extent to which our natural sleep patterns are out of synch with our school or work schedules. When we wake up earlier than we're supposed to — or spend all weekend sleeping in and then get up at 6 am on Monday — it makes our body feel like it's spending the weekend in one time zone and the week in another. For people who are already on the heavy side, greater social jet lag corresponds to greater body weight."