If my erstwhile acquaintance and his ex-editor advisor want to make big fast money, maybe they should be investing in a law firm specializing in the Net.

CNN: ASIANOW - TIME Asia | Asia Buzz: Spot The Fake

But despite its fast-growing user base, it has struggled to make money and has traditionally resisted advertising.

BBC: Yahoo to buy Tumblr for $1.1bn

The question of just how fast states and other agencies can spend money to do things like fix roads and retrofit buildings to make them more energy efficient will remain central to the congressional debate in coming days.

CNN: Obama tells GOP no compromise on tax rebates