98% is one eye-opening statistic for any reader, but that’s how many adults aged eighteen to twenty-four in the United States are reportedly using social media in a typical month. The study, conducted by consumer insight serviceExperian Simmons, estimates that roughly 129 million people — that’s 41.37% of the total US population of 311.8 million — are using social media to stay in touch with both friends and family. These numbers only include those in the stated age bracket....

A highly timid little man, ventures into a biker bar in the Bronx and clearing his throat asks, “Um, err, which of you gentlemen owns the Doberman tied outside to the parking meter?” A giant of a man, wearing biker leathers, his body hair growing out through the seams, turnes slowly on his stool, looks down at the quivering little man and says, “It’s my dog. Why?” “Well,” squeaks the little man, obviously very nervous, “I believe my dog just killed it, sir....

In his first week as Twitter’s first Europe-based employee, Tony Wang hasstatedthat any Twitter user prosecuted for something they tweet would be “on their own” against the legal system, and that Twitter would hand over personal information on users to the authorities if they were legally required to. This follows from the revelation that Twitter was beingsuedby a UK footballer for enabling users to break a court-issued super injunction by revealing the identity of the footballer....

Another day in Silicon Valley, another accelerator. This time it’s the pimp daddy of Silicon Valley accelerators, the Playboy Mansion for geeks:The Blackbox Mansionin the home town of none other than Eric Schmidt who lives in Atherton, one of the most afluential areas of Silicon Valley. By the pool of the beautiful mansion I caught up with the co-founder of Blackbox, Angel investor Fadi Bishara who is also the founder of techVenture, a technical headhunting firm focused exclusively in serving venture backed software startups based in Silicon Valley....

MeetAlexander Kiselev, the 19-year-old immigrant from Moscow who is making experimentation in bioscience cheaper by creating affordable scientific instruments. He was recently announced as one of the Fellows onPeter Thiel’s 20 Under 20 program, which gives some of the world’s talented youngsters an opportunity to move to Silicon Valley for two years with grants of up to $100,000 each, to cover living costs whilst they work on their startups. The Fellows will pursue innovative scientific and technical projects, learn entrepreneurship, and get mentorship from the Foundation’s network of tech entrepreneurs and innovators....