Justin Smith / Inside Facebook:
Facebook Announces Settlement of Legal Dispute with Another Former Zuckerberg Classmate  —  Facebook has just issued a Friday night press release announcing the settling of a trademark dispute with Think Computer Corporation, whose founder Aaron Greenspan created the houseSYSTEM student web portal …

Jeremy Muncy / WebProNews:
Do You know how #FollowFriday started?  —  Today is Friday, the most famed day of the week.  Why you ask?  It’s the end of the workweek and the beginning of the weekend (for some).  But, for the Twitterverse, it’s a day where you could see your follower count substantially climb as […]

MG Siegler / TechCrunch:
Facebook’s Valuation Heading North Again.  Up To $10 Billion Now.  —  A few days ago, we reported that Facebook turned down an investment term sheet that placed their value at $8 billion.  But it was apparently the board seat the investors wanted and not the valuation that was the hold up.

Nate Anderson / Ars Technica:
Lawyer: RIAA must pay back all $100M it has collected  —  Harvard Law professor Charles Nesson is branching out.  —  For years he watched with horror as the RIAA demanded money from tens of thousands of Americans, finally getting into the ring himself when federal judge Nancy Gertner connected … […]

Ross Miller / Engadget:
Palm Pre tasks, memos, browser on display, automatic backup confirmed  —  Just in time for your weekend perusal, Palm Goon (which we half suspect might be a viral site from Palm itself) has uploaded three tours and a FAQ chock-full of new Pre / webOS screens and details …

Wendy Davis / MediaPost:
Craigslist Gets Restraining Order Against A.G.  —  After weeks of bluster about Craigslist, South Carolina Attorney General Henry McMaster agreed today to a temporary order preventing him from bringing criminal charges against company executives.  —  “Until the court rules on the merits …

KwameJones’s Open Salon Blog:
iPhone to get iTunes TV and Movies!  —  In a long awaited move (at least by me), it appears that Apple will begin to allow downloads of movies and tv shows through the iPhone.  This revelation, (again at least to me) comes by way of an advertisement in the new ad […]

Tameka Kee / paidContent.org:
How Will Twitter Monetize Search If It’s Broken?  —  The hype around Twitter’s utility as a real-time search tool has even rubbed off on Google, but there are signs that the startup’s plans to turn search into a revenue stream could be more difficult to attain than first thought.

Simon / Bloggasm:
Anti-Starbucks filmmakers hijack the coffee company’s own Twitter marketing campaign  —  On Monday, the New York Times published a story detailing a multi-million dollar ad campaign launched by Starbucks in which the company put up advertising posters in six major cities and attempted to …

Greg Sandoval / CNET News:
Pew Center illustrates how Craigslist is killing newspapers  —  It’s tough to compete with free.  —  The use of online classifieds sites, such as Craigslist, has more than doubled in the past four years, according to a study published Friday by the Pew Research Center.