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Internet Use Proven To Affect Your… Uh… Memory

3:36PM Seth Abramovitch | I know a grand total of about five phone numbers off by heart. One is mine – not the landline, though, still have to double-check that one – and one is my parents’, who haven’t changed their number since the ’60s. (Or their phone, for that matter.) It’s a common phenomenon: The more easy-to-access information is being stored for us elsewhere, the less our brains are required to retain it on their own. And a new psychological study confirms that, the Times reports. More »
Online

Internet Providers Agree To Find And Punish Illegal Downloaders

2:10PM Seth Abramovitch | America’s top internet providers have reached a deal with Hollywood and the music industry that would require them to identify, then warn, and eventually punish illegal downloaders. More »
Online

Lulzsec’s Brief Reign Of Media-Hyped Terror Ends

11:45PM Max Read | Lulz Security is disbanding. The loosely organised group purportedly behind hacks on Sony, the CIA, the US Senate and the PBS website posted an announcement to code-sharing site PasteBin last night, along with a torrent of previously unreleased goodies. More »
Online

Microsoft Buying Skype For $8.5 Billion

3:30PM Seth Abramovitch | That’s the word on the street! The deal would include the assumption of Skype’s $US686 million debt, and will be made public at 5am Pacific time, according to NYT. If it happens, it’ll be Microsoft’s biggest acquisition ever.
People

Will.i.am Is Now Working For Intel

2:37PM Max Read | Black Eyed Peas frontman Will.i.am was named the “Director of Creative Innovation” at Intel. What will he do? Apparently, Intel doesn’t even know. But it will be totally creative. And innovative. Creatively innovative. Directly creative. Creatively direct Boom boom pow!
Online

Yahoo Might Buy Foursquare For As Much As $US100m

2:58AM The Business Insider | Yahoo’s M&A deal-makers are deciding right now whether or not to buy super-hot location-based startup Foursquare for around $US100 million, says a source close to bankers involved in Foursquare’s current fundraising efforts. More »