FACEBOOK FALLOUT: Y Combinator's Paul Graham Just Emailed Portfolio Companies Warning Of ‘Bad Times’ In Silicon Valley  —  Facebook has flopped on the public markets, and now we have vivid evidence of how badly Silicon Valley is reeling in the fallout.  —  Paul Graham, cofounder of Silicon Valley's …

Apple to update most of its Mac lineup and multiple accessories at WWDC  —  While Apple has major software announcements planned for the upcoming World Wide Developers Conference - including iOS 6, an updated version of iCloud, and OS X Mountain Lion - Apple is also planning some incredible hardware announcements.

Apple and Google Expand Their Battle to Mobile Maps  —  Google's Eric Schmidt, left, and Apple's Steve Jobs, right, in 2008.  The relationship deteriorated as their companies competed.  —  Since they got together in 2007, the iPhone and Google Maps have seemed like ideal digital bedfellows.

R.I.P. Zune  —  Microsoft is sending Zune to the pasture where Microsoft brands go to die.  It's the end of the road for a name that once symbolized Microsoft's grand plans to curb Apple's entertainment ambitions.  —  In a flurry of announcements that Microsoft made Monday at the E3 games conference …

Rethinking Privacy in an Era of Big Data  —  Some years ago an engineer at Google told me why Google wasn't collecting information linked to people's names.  “We don't want the name.  The name is noise.”  There was enough information in Google's large database of search queries, location …

Samsung teases Series 5 Hybrid PC, a Windows 8 tablet with magnetic keyboard dock and pen support (update: hands-on photos)  —  You wanted Windows 8 tablet / laptop mash-ups, you got 'em!  On the heels of some rather inventive product launches from Acer and ASUS here at Computex …

Facebook comments, ads don't sway most users: poll  —  (Reuters) - Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn …

‘Gadget’ in the middle: Flame malware spreading vector identified  —  In our FAQ on Flame posted on May 28, 2012, we postulated there might be a still undiscovered zero-day vulnerability in Flame:  —  “At the moment, we haven't seen use of any -days; however, the worm is known …

Microsoft Xbox Is Winning The Living Room War.  Here's Why.  —  Cookie Monster wants a snack.  Sure, he could have a handful of you-know-whats, but even a Muppet has to watch his waistline.  So he decides to grab something healthful.  “Maybe if me jump up and down, me can shake fruit out of this tree …

Windows RT on Snapdragon S4 hands-on and Rob Chandhok interview (update: video)  —  We just got a hands-on demo of Microsoft Windows RT running on Qualcomm's Snapdragon S4 development tablet here at Computex 2012 in Taipei.  The verdict?  It's smooth as silk on a 1.5GHz dual-core APQ8060A with 2GB of RAM …

World's Oldest BitTorrent Site Shuts Down  —  Founded in 2003, UK-based FileSoup was one of the original torrent sites.  —  When the site started there was no Pirate Bay, no Torrentz, and isoHunt wasn't searching .torrent files yet.  FileSoup outlived many of the sites that sprung up around …

Yer A Wizard, Sony: PlayStation Introduces Wonderbook, The AR Ebook For Kids Complete With Harry Potter Content  —  Although the vast majority of Sony gaming content is focused on adult/teen titles, a new title called Wonderbook is particularly interesting.  Using an augmented-reality book …

Ad Networks Bypass iPhone Privacy Rules  —  Mobile ad networks are using new techniques to target iPhone users by circumventing Apple Inc.'s earlier efforts to protect user privacy.  —  Apple last summer said it would stop allowing app makers to use a unique identifier embedded in iPhones …

Apple Denied Ban On Samsung Tablet Computer Sales In U.S.  —  Apple Inc. (AAPL) was denied its renewed request for a ban on U.S. sales of Samsung Electronics Co.'s Galaxy Tab 10.1 tablet computer while the case is still before a federal court of appeals.  —  U.S. District Judge Lucy Koh in San Jose …

More On Meebo: Price Is Around $100M, Product Team To Work On Google+ Publisher Tools, Layoffs Hit Sales  —  Meebo, the seven year-old chat service that morphed into a website toolbar and ad platform, is indeed selling to Google.  The company confirmed the news a few minutes ago, and we've since dug up some more details.

Samsung demos Series 5 Ultra Touch and Series 5 Ultra Convertible Ultrabooks, we go hands-on  —  Well, look at what we have here!  We just swung by Samsung's booth at Computex, and the outfit is showing off not one, but two touch-enabled variations of its Series 5 Ultrabooks.

Microsoft promises a ‘sneak peek’ at the future of Windows Phone on June 20th  —  Microsoft previously announced its Windows Phone Developer Summit early last month, but the company didn't reveal exactly what it was planning to show.  We received an updated invitation today that hints Windows Phone 8 might be on the agenda.

Netflix Rolls Out Its Own CDN: Open Connect  —  Netflix announced today that it is rolling out a new content delivery network of its own, called Open Connect, which will reduce its costs of delivery and could improve delivery of its content.  But Open Connect isn't just about reducing …

Facebook Bringing Its Mobile News Feed Redesign To the Web, With Larger Photos And Text  —  If you liked the larger photos that Facebook introduced to its mobile news feed last month, here's some good news: It's bringing a similar redesign to its Web interface.

Twitter's Co-founder Biz Stone To Pen Book  —  Twitter co-founder Biz Stone is writing a book called Things A Little Bird Told Me.  In the book, Stone will talk about his experience, which includes a stint at Google, co-founding Twitter and his latest venture The Obvious Corporation …

Microsoft SmartGlass: Xbox Live Companion on steroids?  —  As many of my readers know, I'm not a video game fan, nor I am I a big TV fan.  So sitting virtually through a two-hour E3 keynote address, chock-full of video game first-person-shooter previews...kill me now (pun intended).

Isolationist no more: The Internet goes to Washington  —  Today's launch of a new think tank call DisCo that wants to educate Congress about disruptive technologies is just one of several new efforts proposed by the Internet and startup community to get their voices heard.

The Security Paradox Of IPv6; Shoring Up The Holes  —  Guest post written by Danny McPherson  —  Danny McPherson is Chief Security Officer for VeriSign.  —  IPv6 presents a security paradox.  —  The capabilities IPv6 provides will enhance online security - but the shift …

Gamifying The Job Search: Identified Hits 10M Users, Nabs $21M In Series B Funding  —  “People crave feedback on their professional lives,” say Brendan Wallace and Adeyemi Ajao, co-founders and co-CEOs of Identified, a young San Francisco-based startup that has been hard at work at gamifying the job search.

Silicon Valley as the New Hollywood  —  Their wedding was on the covers of the gossip magazines.  Every moment of their honeymoon documented across the Web.  A lavish boat ride and a stroll down Italy's old cobbled streets, each footstep photographed by the paparazzi.

After Vitrue, Oracle acquires social media monitoring firm Collective Intellect  —  The social media monitoring, CRM and marketing space is certainly heating up.  First, Oracle acquires Vitrue for $300 million, and then Salesforce.com buys Buddy Media for nearly $700 million.

Facebook faces another lawsuit over IPO disclosures  —  Second lawsuit claims the social network misled investors by “selectively disclosing” material information about its revenue outlook.  —  Follow @stevenmusil  —  Facebook has been served with another lawsuit related to its IPO …