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Daily Briefing

Deep buzz for the content-deprived

Every weekday, while you get showered and dressed, we pluck these dewy- fresh, breaking stories from the info-clogged byways of the datasphere. Pour yourself a cup of coffee and stoke up on everything you need to know, or at least enough to fake it.

Internet Firms' Valuations Reminiscent Of Bubbles
James Temple, SF Chronicle with Bloomberg | Internet Firms' Valuations Reminiscent Of Bubbles | February 20, 2011

I had the misfortune of standing on the front lines while two Bay Area economic bubbles burst during the last decade, as a reporter covering both the dot-com crash and the real estate meltdown. In the painful and prolonged aftermath of each, the industry, press and observers engaged in a sort of collective confessional, publicly analyzing the mistakes that were made and the lessons learned. And so, when I read about the planned initial public offerings of unprofitable Internet darlings and the 11-figure valuations of companies with, let's say, ill-defined business models, I get a familiar and unsettling feeling...

Clashes in Libya Worsen as Army Crushes Dissent
Anthony Shadid | Clashes in Libya Worsen as Army Crushes Dissent | February 19, 2011

Thousands gathered Friday for a third day of violent demonstrations in Benghazi, Libya’s second-largest city, in an unprecedented challenge to the mercurial 41-year reign of Col. Muammar el-Qaddafi. Human rights groups said 24 people had been killed across the North African country, though activists say the count may be far higher...

The Education of John Boehner
John Bresnahan & Jonathan Allen, Politico | The Education of John Boehnr | February 19, 2011

It may have looked like chaos at times, but House Speaker John Boehner got what he wanted from a five-day debate on a bill that would cut $61 billion from this year’s budget and set up a showdown with President Barack Obama and Majority Leader Harry Reid in the two weeks before the government runs out of money March 4...

Long Arms Reach for the Rim
Josh Kron, The New York Times | Long Arms Reach for the Rim | February 19, 2011

After decades of civil war, peace has finally settled in southern Sudan. The south will soon declare independence from the north, and with this newfound freedom, the southern Sudanese are beginning to rediscover themselves, reacquaint themselves with all that has been stunted or twisted or buried under the weight of war.Crazy for basketball is part of who they are, or were...

 

How 480 Characters Unraveled My Career
Nir Rosen, Salon | How 480 Characters Undid My Career | February 18, 2011

After early reports of CBS chief foreign correspondent Lara Logan's attack in Egypt, a number of writers and pundits came under fire for inappropriate comments. Journalist Nir Rosen was among them. A short burst of Twitter responses from Rosen earned him the ire of many, and caused him to resign his fellowship at New York University's Center on Law and Security. Salon asked Rosen to explain what happened...

Bahrain's Military Takes Control of Key Areas in Capital
Michael Blackman and Nadim Audi, The New York Times | Bahrain's Military Takes Control of Key Areas in Capital | February 17, 2011

The army took control of this city on Thursday, except at the main hospital, where thousands of people gathered screaming, crying, collapsing in grief, just hours after police opened fired with birdshot, rubber bullets and tear gas on pro-democracy demonstrators camped in Pearl Square...

Middle East Protests: Live Updates
Matthew Weaver, Haroon Siddique and Paul Owen, Guardian.co.uk | Middle East Protests: Live Updates | February 16, 2011

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Lawsuit Says Military Is Rife With Sexual Abuse
Ashley Parker, The New York Times | Lawsuit Says Military Is Rife With Sexual Abuse | February 16, 2011

A federal lawsuit filed Tuesday accuses the Department of Defense of allowing a military culture that fails to prevent rape and sexual assault, and of mishandling cases that were brought to its attention, thus violating the plaintiffs’ constitutional rights...

Iraqi Says He Made Up Tale of Biological Weapons Before War
James Risen, The New York Times | Iraqi Says He Made Up Tale of Biological Weapons Before War | February 16, 2011

The Iraqi defector whose claims that Saddam Hussein’s government had biological weapons became part of the Bush administration’s justification for the 2003 invasion of Iraq has admitted that he fabricated his story. The defector, Rafid Ahmed Alwan al-Janabi, who was code-named “Curveball” by the Central Intelligence Agency and German intelligence officials, told the British newspaper The Guardian on Tuesday that he had concocted his tale that Iraq was hiding mobile bioweapons laboratories. He did so, he said, in hopes that his lies would lead to the eventual overthrow of the Iraqi ruler...

Tehran Beats Back New Protests
Farnaz Fassihi, The Wall Street Journal | Tehran Beats Back New Protests | February 15, 2011

Iranian police used tear gas and electric prods to crack down on the country's biggest antigovernment protests in at least a year, as demonstrators buoyed by activism across the Middle East returned to the country's streets by the tens of thousands Monday...