August 13, 2012, 12:00 AM

Top News

Dalton Caldwell:
We did it.  —  As I write this, just met our 500K goal, with 38 hours left.  —  Data Export  —  When you are logged into the alpha, we provide a button which will email you a .zip file of all of your content in a structured format.  If you are an alpha tester, go ahead and try it out.
Vlad Savov / The Verge: passes $500,000 funding goal in quest to do Twitter the right way  —  Dalton Caldwell's ambitious attempt at a new kind of social network has just achieved its no less daring goal of half a million US dollars in pledged funding.  The requisite threshold for funding was crossed …
Adam Rifkin / TechCrunch:
Facebook Is The Ant; Zynga Is The Grasshopper  —  Facebook and Zynga have experienced similar roller coaster-like devaluation from their peak stock valuations, and they've been partners for years, which is why MarkZ and MarkP often get lumped together in the same sentence by fearful investors whose stock …
Tweets: @edzitron and @semil
Somini Sengupta / New York Times:
A Steep Climb Back for Facebook's Stock  —  SAN FRANCISCO — The Facebook spring is over.  The dog days of August have taken hold.  —  In May, when investors tripped over themselves to buy a piece of Facebook, not even the skeptics predicted what has happened.
More: bub.blicio.usTweets: @davewiner
Cliff Edwards / San Francisco Chronicle:
Struggling GameStop reinventing itself  —  In an effort to avoid the fate of Blockbuster, Circuit City and others in the remainder bin of failed retailers, GameStop has embarked on a daring, if inglorious, strategy: refashioning itself from a console-game purveyor into a repairer and reseller …
More: 9to5Mac
Enigmax / TorrentFreak:
Demonoid Domains Go Up For Sale  —  With an army of passionate fans, Demonoid was spoken about fondly by many in the torrent community.  Just two weeks ago it was one of the world's largest and most thriving torrent sites but a DDoS and hacker attack followed by a police raid brought it to its knees.
Chloe Albanesius / PC Magazine:
Etsy Cracks Down on Drug Paraphernalia, Other Restricted Items  —  Etsy is a haven for homemade goods, but the online shopping site clarified this week that its stores are not the place to be selling drug paraphernalia and other questionable material.  —  The company said it has spent several …
Kevin Rawlinson / The Independent:
Google chiefs could face MPs over tax avoidance schemes  —  Google chiefs face the prospect of being hauled before MPs to explain themselves over their tax avoidance schemes, the Independent has learned.  A member of the Treasury Select Committee called the company's practices …
More: The Verge and TechCrunchTweets: @dolgione
Jeff John Roberts / GigaOM:
Fox sues to shut down Aereo copycat over TV streaming  —  Broadcasters have been battling for months to shut down Aereo, a service that uses dime-size antennas to stream TV to Apple devices.  Now, the fight has taken a strange new twist.  [Note: this post has been updated with BarryDriller comments]

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