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There is a very exciting thing and romantic about the lifestyle of organized crime, as you have watched in the Godfather. The feel of living at the edge of the law and easy money has promoted this plays very successfully.  Read more...

Motorola has finally announced its bet-the-company Android handset. At an event in San Francisco this morning, Sanjay Jha, Motorola’s co-CEO and CEO of the company’s handset division, uncrated the CLIQ, a device it describes unremarkably as the “first phone with social skills.”  Read more...

The week ending August 21 began August 17 with another round of digital musical chairs—BoomTown reported that David Dickman, VP of West Coast sales for Yahoo (YHOO), will be leaving the company at the end of the month for Warner Bros., to work in digital sales. Also, after a five month tour of Europe and its finer Web establishments, Yahoo seems poised to name a new international head. MySpace made a move this week to fix its ad sales operation by bringing in Media Link and Wenda Millard, with whom BoomTown chatted Thursday from somewhere near Slovenia.  Read more...

Facebook is testing a stripped-down version of its social-networking Web site. The new version, which reportedly increases the speed of updates and posts, is expected to make Facebook a better contender against Twitter.  Read more...

So, we’ve already explained why the newly revealed “Facebook Lite” at the very least wasn’t conceived to be a “Twitter-killer,” but it does look interesting. The service, which is currently being tested in India (and sadly, not in the U.S. despite the messages sent out last night), has an extremely clean look and feel to it — one that is reminiscent of the old days of Facebook, when its simplified look drew users away from the cluttered MySpace. Of course now, Facebook is itself cluttered with settings, applications and toolbars. So to many, this Facebook Lite design would be welcome.  Read more...