Here’s the latest action:
Google, CIA invest in web monitoringventure branches of both Google and the CIA are pouring financing into a company called Recorded Future, which scans websites to determine the relationships between people, events and organizations.
Facebook claimant busted for mushrooms -- Paul Ceglia, the man suing Facebook founder Mark Zuckerberg for a staggering 84 percent stake in the social networking website, was convicted over a decade ago for possession of hallucinogens.
Cisco Old Spice parody falls flat -- Seeing the viral success of the YouTube campaign run by Old Spice a couple of weeks ago, the networking giant tried to replicate it but seemingly no one noticed. See the videos on Mashable.
DST eyes IPO -- The Facebook investor, Russian Digital Sky Technologies, says it may ride its 5 percent stake in the social network all the way to an initial public offering next year. PaidContent has the story. RIM sees stock price bounce -- The BlackBerry maker saw its share prices increase as rumors swirled that the company plans to unveil its new touchscreen version of the BlackBerry -- a potential iPhone rival -- next week.
Nvidia scales back Q2 predictions -- The graphics chip maker says it expects its second quarter revenue to be lower than initially anticipated, reacting to rising costs.
Bills.com buys Home-Account -- The mortgage search and counseling startup has sold to Bills.com, a personal finance site that makes recommendations to its users.
Glimpse of 2011 Office for Mac -- Microsoft showed off some new features of its 2011 release of Office for the Mac, including changes to the template gallery and task listings.
$67M for green cars in the UK -- The United Kingdom is putting together a $67 million fund to provide grants reducing the price of plug-in cars by up to 25 percent for consumers. The idea is to encourage more people to drive next generation hybrid and electric vehicles.