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Toyota working on Segway killer — The transportation robot is called Winglet and comes in three sizes. See screenshot, via ZDnet.

Network storage company Agami shuts down — The Sunnyvale, Calif. company raised $85 million and competed against companies that went public, including 3Par. The shut-down was sudden, catching employees by surprise — apparently, a major debt-holder wanted its money back.

Illinois mandates online cancellation for game subscriptions — An Illinois family found it difficult to cancel a recurring online game subscription fee — by phone so they talked to their politician friends…. The state just signed a law into being that mandates online game companies include an option to cancel online.

Amazon buys rare-book site AbeBooksAbeBooks is a marketplace that offers more than 110 million used or rare titles, and it has been bought by online book giant Amazon. AbeBooks is itself a minority owner in reading list sharing site LibraryThing, a competitor to Amazon-backed Shelfari.

Security company McAfee buys Reconnex
— Mountain View, Calif.-based Reconnex provides business data loss prevention software; McAfee purchased for $46 million in cash. Reconnex raised $36 million.

Third time not the charm for SpaceX‘s latest launch
— The privately-funded space rocket startup was attempting to launch three satellites into space, but the rocket blew up minutes into the flight. That was the third launch attempt, but a fourth is slated for later this year — the company says its determined not to give up.

AOL buys Friendfeed competitor SocialThing — When it comes to services that let you share what you’re doing on various web sites within in a single interface — “lifestreaming”, if you will — I prefer Friendfeed and Facebook. AOL, meanwhile, has bought smaller Friendfeed rival Socialthing.

Flickr cofounder Caterina Fake joins stealthy startup Hunch
— Fake talks about her move here, you can sign up for Hunch here.

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