Fed up with Facebook's insatiable need to continue to expose your personal information to ever widening circles, four NYU students have decided to build an open source, distributed competitor to the social networking behemoth. They've raised a few grand, but I imagine it will be harder to convince your mom to log in.

The other A. N. Other writes "It seems that Microsoft couldn't keep the lid on Windows 7 beta 1 until the new year. By now, several news outlets have their hands on the beta 1 code and have posted screenshots and information about this build. ZDNet's Hardware 2.0 column says: 'This beta is of excellent quality. This is the kind of code that you could roll out and live with. Even the pre-betas were solid, but finally this beta feels like it's "done." This beta exceeds the quality of any other Microsoft OS beta that I've handled.' ITWire points out that this copy has landed on various torrent sites, and while it appears to be genuine, there are no guarantees. Neowin has a post confirming that it's the real thing, and saying Microsoft will be announcing the build's official availability at CES in January."

An anonymous reader writes "Rahul Sood, HP's CTO of gaming, argues that the days of a market that wants PCs running three $500 GPUs is history; he argues that it's really a tough or impossible sell. '... let's face it, high-end hardware has delivered diminishing returns in terms of value. This is why you don't see ridiculous offerings like Quad SLI and 2-kilowatt power supplies coming from our company.' But don't the ideas of customization and market pricing for components tend to undercut that? Is the gaming PC dead?"

TRNick writes "Jeremy Allison talks Ubuntu, why he loves Gnome, and the trials and tribulations of open source development in a wide-ranging interview on TechRadar."