With social network giant Facebook officially gearing up for its initial public offering, the company’s top executives and largest investors are poised for a historic windfall.

Megaupload founder Kim Dotcom’s bail application appeal has been rejected in New Zealand. The High Court in Auckland said it agreed with an earlier ruling that Mr Dotcom – a German national – might try to flee the country.

The social-gaming company’s stock has risen by more than 14 percent at times, as investors responded positively to the company’s strong ties with Facebook.

Facebook has defined the social era of computing–and the companies that defined the previous eras of computing each command market values of $200 billion or more. Facebook should get there, too.

Sparkology was started to help the smart, reserved, hopeless romantic guy win. This new invite-only online dating site allows only college graduates to join and the men are held to an even higher standard — all must be verified graduates of U.S. News & World Report’s top 50 universities.

Planned changes to Google Inc’s privacy policies that have caught the attention of U.S. lawmakers would not take away the control its customers have over how data is collected and used, the company said in a blog post on Tuesday.

Users affected by the closure of Megaupload have been offered legal help to retrieve their data. A website has been set up to assist former members of the site to contact the Electronic Frontier Foundation in order to start co-ordinated action.

Web developer site-building tools are only sexy to developers, but they get a big makeover in update to Firefox and that will affect how developers connect to the people who use their sites.

Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO.

The FBI wants an app to combine information from Twitter, Facebook and Google Maps.