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Spotify Launches in Australia

Spotify opened for business in Australia and New Zealand today. The move broadens the streaming music service’s reach as it raises a new round of funding that should value the company at $4 billion by the time it closes. Last month rival service MOG announced an Australian expansion but hasn’t launched yet.

Voices

The Real Reasons Zuck Got Married (Comic)

Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site.
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News Byte

Facebook Closes Down 11 Percent in Second Day of Trading

Shares of Facebook stock sank 4.2 points in their second day of trading on the Nasdaq, ending the day at $34.03, a somewhat expected downturn after a lackluster start last Friday. The stock opened at around ten percent under where it closed on Friday, most likely due to lack of underwriter support in propping prices up by exercising the “greenshoe” option.

Google Voice Founder Tackles Conference Calls

Uberconference debuts today as a new interface for conference calls — you know, those terrifically annoying occurrences that people in business deal with on a daily basis.
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News Byte

Carlyle Group Leads $100 Million Round for Video Service

Avail-TVN, a company that helps process and manage video for cable systems and other services, has raised $100 million in a round led by the Carlyle Group, along with previous investors including Columbia Capital, Valhalla Partners, Novak Biddle and Pioneer Ventures. Avail-TVN used $27 million of the round to buy UK-based On Demand Group, which provides video-on-demand services outside the U.S. Last year, it generated more than $200 million in revenue.

Voices

Nasdaq Confronts Liability on Traders’ Losses in Facebook IPO

Nasdaq OMX Group Inc. faced the fallout for mishandling Facebook Inc.’s initial public offering, as irate brokers and traders demanded the exchange company make up losses they blamed on Friday’s technical glitches.

News Byte

FTC Adds Privacy Expert to Help Shape Public Policy

The Federal Trade Commission will soon have a new adviser to shape its thinking on Internet and mobile market issues. Paul Ohm, a University of Colorado law professor and former federal computer-crimes prosecutor, will join the agency in late August, taking over for Columbia University professor Tim Wu. At the FTC, Ohm, who has been at the forefront of a lot of debates about how best to apply Fourth Amendment privacy rights in the 21st century, will advise commissioners and staff on policy and enforcement cases.

Voices

Five Cable Firms to Share Wi-Fi Hot Spots

Five large cable operators said Monday they will join forces to give customers access to each other’s wireless Internet hot spots in the most sweeping Wi-Fi roaming agreement struck by the industry to date.

This Just In: 3-D Isn’t a “Crucial” Television Feature

Sales of 3-D TVs are up, the NPD Group says, but whether consumers watch content in 3-D is a whole different story.
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Voices

Apple’s Cook Tops the List of Highest-Paid CEOs

Steve Jobs left big shoes. Apple Inc. is betting $378 million that Tim Cook is the right guy to fill them.

GitHub Now Has a Windows Client

GitHub, the collaboration and version-control site for open source and corporate developers, today is launching a Windows client.
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Ubisoft’s Ghost Recon Aiming to Bring Hardcore Gaming to Facebook

Ubisoft is releasing a free version of its popular Ghost Recon on Facebook today, with the goal of attracting the same hardcore audience that will pay $60 for the console version coming out tomorrow.
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News Byte

Sequoia Capital’s Michael Moritz Steps Back, Citing Illness

Sequoia Capital partner Michael Moritz said today that he has a “rare medical condition which can be managed but is incurable,” and which is likely to compromise his quality of life in the coming years, so he is changing his role at the venture capital firm. A representative for Sequoia noted that Moritz will continue to make new investments and take board seats, but he will be dropping some of his daily management responsibilities and taking more vacation.

Google Given Weeks to Resolve EU Antitrust Probe

The EC gives Google a chance to settle an antitrust investigation without facing formal charges.
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On Day Two, Facebook Shares Open More Than 10 Percent Off

The swings are rough.
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