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Megite is the social news aggregrator for anyone interested in what's happening right now by intelligently uncovering the most relevant items from auto discovered news sites and weblogs.

Megite Blog Tracker: the first algorithmic news tracking service created for a single blog. Megite realized that there had to be a better way to explore the conversations around blog posts - particularly for large blogs - than the typical tools such as trackbacks and pingbacks. What's more, blog readers may be short of time and unwilling to scroll through many pages of posts to discover the top story of the day. See the demo created for mashable.com:

My Megite: send us the web link for your public OPML file or reading list, and Megite creates the personalized version for you. Megite fetches the OPML file every time when it runs, so the changes in your OPML file should automatically reflect in your personalized Megite. See the demos created by utilizing OPML files on their blog sites:

License Megite Software: Email us for more info if you are interested in licensing Megite software to create Megite like web2.0 service.

Please read our weblog, or send your questions, comments or OPML file to matthew.chen@gmail.com

Link to Us to let Megite discover you and increase your exposure on Megite.

1. The Drop: Week of Jan 3rd 2011 New Releases 4 hours ago permalink

Blog.us.playstation.com

Greetings from the future! Welcome back PlayStation fans, I hope you’re sporting your aluminum foil hats and gloves as you brace yourself for what is going to be a spectacular year in PlayStation gaming history. I kid you not, I’ve traveled into the future and have witnessed a world where PlayStation Move light posts tower over PS3 paved ...

discussions

Christina Warren / Mashable! : “Angry Birds” Headed to PSP & PS3 This Week

Serkan Toto / TechCrunch : Angry Birds Is Coming To PlayStation 3 And PSP

2. Facebook Now Worth More Than Yahoo And eBay 1 hour ago permalink

Erick Schonfeld / TechCrunch

Facebook's latest round of financing from Goldman Sachs at a $50 billion valuation , which is about the same valuation its shares are trading on SecondMarket , clearly puts it in the pantheon of the most valuable Internet companies. At $50 billion, Facebook is now worth more than Yahoo (which has a $22 billion market cap) and eBay ($37 billion), ...

related items

Scobleizer.com
I was wrong about Facebook’s valuation. Way wrong. Lee Lorenzen was right. Way right. — Back on October 11, 2007, I wrote that Lee Lorenzen was nuts. Back then he said that Facebook was worth $100 billion. He’s getting more and more right every day and I’m getting more and more wrong. Especially after Goldman Sachs just kicked in $500 million and valued the company at $50 billion.

3. Xcellent Names for Drugz 2 hours ago permalink

Freakonomics.blogs.nytimes.com

Ever wondered why so many prescription drug names are loaded with x’s and z’s (Celebrex, Flomax, Zocor etc.)? “[U]se of these letters relates to the imperative to make a brand name highly visible in a crowd,” explains Rob Stepney in the British Medical Journal. “Reflecting their infrequent occurrence in English words,

related items

Www.bmj.com
A dose by any other name would not sell as sweet — Inventors of drug names suddenly stood the alphabet on its head. Why did z and x become so attractive in the attempt to influence prescribers? asks Rob Stepney

FREAKONOMICS / Freakonomics : Xcellent Names for Drugz

4. BitTorrent Hits 100M Active Monthly Users, 400K Client Downloads Per Day 1 hour ago permalink

Leena Rao / TechCrunch

BitTorrent seems to be growing like a weed - the company just announced that it's hit 100 million monthly users of its software, the BitTorrent Mainline client and µTorrent . That's up from 80 million monthly users most recently. The company also revealed that it has over 20 million daily active users, over 400,000 daily client downloads, and ...

5. Is Instagram the Next Distribution Opportunity for News Media? 2 hours ago permalink

Lauren Indvik / Mashable!

From apps to podcasts, Facebook to Twitter, Flickr to YouTube, and more, mainstream media has embraced a number of new, technology-driven — and often social — platforms in the past decade to grow and engage its audiences.…

6. The Muppets Do Kanye West’s “Monster” 2 hours ago permalink

Brenna Ehrlich / Mashable!

It’s the Monday after New Years, so this is likely to blow your addled mind just a little more than usual: I give you, Kanye West’s “Monster” as sung by the Muppets. Again, this video is NSFW —…

7. DealBook 13 hours ago permalink

Dealbook.nytimes.com

Goldman Sachs has reached out to its wealthy private clients, offering them a chance to invest in Facebook, the hot social networking giant that is considering a possible public offering in 2012, according to people familiar with the matter.

discussions

Ben Parr / Mashable! : Facebook Raises $500 Million in Funding, Now Worth $50 Billion

MG Siegler / TechCrunch : $1 Billion Isn’t Cool. You Know What’s Cool? $50 Billion. Goldman And Facebook Agree.

8. YouTube Keyword Tool and Video Optimization Techniques 7 hours ago permalink

Search Engine Watch

More than 35 hours of video content is uploaded to YouTube every minute. This means 2,100 hours of video is uploaded every hour, or 50,400 hours of content is uploaded to YouTube every day.

9. New Year's Resolutions for Small Businesses 12 hours ago permalink

Search Engine Watch

Small business owners: if you're going to have a web site, make it an absolutely core component of your business. If you're not willing to do that, drop having a web site altogether. Don't follow the herd out of instinct. ...