After protest, Congress puts off movie piracy bill (AP)
AP - Caving to a massive campaign by Internet services and their millions of users, Congress indefinitely postponed legislation Friday to stop online piracy of movies and music costing U.S. companies billions of dollars every year. Critics said the bills would result in censorship and stifle Internet innovation.
Renowned attorney Bennett to represent Megaupload (AP)
AP - When Megaupload executives arrive in court to answer charges that they orchestrated a massive online piracy scheme, they'll be backed by a prominent lawyer who has defended Bill Clinton against sexual harassment charges and Enron against allegations of corporate fraud.
RedPad: Android tablet for Chinese politicians that costs twice as much as the iPad (Yahoo! News)
Yahoo! News - Would you buy a $1,600 Android tablet that doesn't have any special features compared to other slates half its price? A relatively unknown Chinese manufacturer seems to think people would, and released a tablet called the RedPad — a Honeycomb device specifically …
Stretched Audi R8 becomes the world’s fastest limo (Yahoo! News)
Yahoo! News - If you're in the market for an Audi R8, you not only have excellent taste in vehicles, you're also probably not hurting for cash. But if you want to add even more luxury to your dream car, consider the upcoming R8 limousine …
LG’s budget-friendly Android phone hits stores (Appolicious)
Appolicious - Android devices are expected to surpass PC sales as soon as next year, if you believe the recent report from market analysis firm Asymco. The trend will likely be attributed in some part to a growing number of sub-$100 smartphones, which are expected to become extremely popular in developing and established markets alike. LG has its bases covered with the new Optimus Spirit, priced nicely at $149 with some noteworthy specs. Polaroid is also turning heads with its upcoming Android camera, while Motorola’s taste-testing Android 4.0 Ice Cream Sandwich on its Xoom Wi-Fi tablet.
Epic clash: Silicon Valley blindsides Hollywood on piracy (Reuters)
Reuters - The massive online protest last Wednesday, in which Wikipedia and thousands of other websites closed down or otherwise protested and helped to kill controversial online piracy legislation, was widely heralded as an unprecedented case of a grassroots uprising overcoming backroom lobbying.
U.S. lawyer for Megaupload.com withdraws (Reuters)
Reuters - Content-sharing Internet service Megaupload.com has lost the help of one of the best-known U.S. defense lawyers as it begins to fight charges of copyright infringement, a person familiar with the matter said.
Michigan Mom Might Have Offered Daughter for Sex at Pawn Shop (ContributorNetwork)
ContributorNetwork - A Monroe, Mich., mother is being investigated for offering a pawn shop employee sexual favors from her daughter in exchange for dropping a $25 extension fee on her $120 laptop payment, says My Fox Detroit. Here are details about this case.
INFLUENCE GAME: Online companies win piracy fight (AP)
AP - Outspent but hardly outgunned, online and high-tech companies triggered an avalanche of Internet clicks to force Congress to shelve legislation that would curb online piracy. They outmaneuvered the entertainment industry and other old guard business interests, leaving them bitter and befuddled.
6 Things to Know Before Starting a Business (Mashable)
Mashable - This post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.
An entrepreneur’s life can be a real roller coaster. Having started a few businesses in my career, I thought it would be useful to highlight some of the hard-won experience I’ve learned throughout the process -- the kind of advice I wish I’d known when I started my first, or even second, business.