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Facebook is now letting employees sell up to twenty percent of their fully vested stock options at a price that reflects a valuation of four billion dollars. How many employees will cash out? How many of them are fully vested? It usually takes at least four years to be vested and Facebook isn’t that old yet.

The Daily Mail has a tiny story that says the UK is getting a Nano Phone for Christmas. Tech bloggers say that it’s a PR stunt, and some are even saying the Mail should be banned from Techmeme.

Meanwhile, the current iPhone is flying off the shelves. Apple is spiking production to meet demand - asking their manufacturing partner Foxconn to start cranking out eight hundred thousand units a week.

Many people who think they have tickets to the Olympics - may have been scammed. Alley Insider has a recommendation for people who find themselves in Beijing with fakes - get to the stadium as early as you can to beat the person who has the real ticket to the seat.

Circuit City did NOT like a parody ad run in Mad Magazine. They ordered all stores to destroy any copies they had. But a PR rep said that the edict had been retracted and assured everyone that people at the company had a sense of humor.

A boy in China fakes his own kidnapping to get the money for a Wii. Well, he says “Nintendo Computer.” I HOPE he means a Wii.

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via webbalert