Zynga Confirms It Is Seeking Partners for Online Gambling Initiatives

Operating the largest poker game on Facebook is not enough — Zynga has confirmed that it is exploring the prospects for real-money gambling, and is in active talks with several partners.
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U.S. Agency Proposes Total Ban on Talking and Texting While Driving

The National Transportation Safety Board is calling for a nationwide ban on drivers’ use of portable electronics, with the exception of those that aid with driving itself.
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News Byte

Feds Formally Bless Google’s $400 Million Admeld Deal

The Department of Justice has formally approved Google’s $400 million Admeld deal without conditions. We told you about this on Monday. Next up for Google: Trying to get that $12.5 billion Motorola deal clear.

Goldman-Facebook Investment Vehicle Already Full; SEC Eyes Disclosure Rules

Goldman Sachs has already received “several billion dollars” worth of commitments to its “special-purpose vehicle” for investing in $1.5 billion worth of Facebook stock, according to The Wall Street Journal.

Hot Trade in Private Shares of Facebook

Trading in shares of still-private Silicon Valley companies such as Facebook Inc., Twitter Inc. and LinkedIn Corp. has surged in recent months, suggesting strong investor interest in some technology start-ups despite a moribund market for initial public offerings.

The FCC Votes, a New Internet Dawns, Like It or Not

There is only one point of consensus that has emerged from today’s imminent 3-2 vote by the Federal Communications Commission on network neutrality rules proposed by Chairman Julius Genachowski: All concerned are dissatisfied with the result.

Watchdog Planned for Online Privacy

The Obama Administration is preparing a stepped-up approach to policing Internet privacy that calls for new laws and the creation of a new position to oversee the effort, according to people familiar with the situation.

EU Slams Google, Microsoft and Yahoo Over Data Retention

The privacy practices of the world’s three largest search engines are under fire in Europe again. European Union officials sent letters to Google, Microsoft, and Yahoo yesterday claiming their data protection policies flout EU data retention rules.

Beijing on Google’s China Move: Hong Kong Phooey

Following its initial red-in-the-face tirade, the Chinese government has adopted a more measured tone in its comments about Google’s closure of Google.cn and the redirection of users to another site in Hong Kong. “It’s not China that has undermined its image, rather it is Google itself,” a foreign ministry spokesman said of the company’s move this morning.

Google Shutters Google.cn

Google has finally adopted the “New Approach to China” that it announced back in January, making good on its threat to end censorship of its services in the country. Earlier today, the company begun redirecting Internet traffic away from its Chinese-language site at google.cn to google.com.hk in Hong Kong.

Qualcomm Calls for Traffic Shaping