Appolicious - I don’t know who MC Hammer’s financial advisers are these days. I assume they’re better than whatever dudes got him into this trouble a while back. But they’re maybe still not good enough. At least not if this story that’s making the rounds via TechCrunch is true.

Reuters - Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.

Mashable - Google is mulling purchasing Yahoo and has contacted at least two venture capital firms to help buy the company's core business, according to a report. Google and prospective partners have held discussions, but haven't put forth a formal proposal to buy the search giant, according to The Wall Street Journal, which cited "a person familiar with the matter."

Reuters - The threshold for publishing gruesome images like those of Muammar Gaddafi's death is falling as the internet and social media make many of the editorial decisions that used to be left to a small group of professional journalists.

Reuters - AboveNet Inc , a provider of broadband connections to big companies and carriers, is looking to make acquisitions to grow its business, a reversal from its previous stance to grow organically, Chief Executive William LaPerch said in an interview with Reuters.

Appolicious - New research into the Android Market and the iTunes App Store suggests that a whole lot of apps eventually get pulled from those store, as high as 37 percent of them in the Android Market.

Mashable - Alysa Z. Hutnik is a partner in the Advertising & Marketing and Privacy & Information Security practices at Kelley Drye & Warren, LLP. Read more on Kelley Drye’s advertising law blog Ad Law Access, or keep up with the group on Facebook and Twitter. Since August, the Federal Trade Commission (FTC) has announced three different law enforcement actions pertaining to mobile app developers and the companies’ owners.

Mashable - Google engineer Steve Yegge apologized in a recent blog post for his rant about Google+ and Amazon that he accidentally published to approximately 2,000 of his followers. "Last week I accidentally posted an internal rant about service platforms to my public Google+ account (i.e. this one)," Yegge writes. "Bagging on the company, even in an internal memo, was uncharacteristically unprofessional of me. So I’ve been feeling pretty guilty for the past week."

Mashable - Could selling the mouse or iPhone you no longer need be as simple as snapping a photo with your mobile phone? Yes, says SimplyListed, makers of an iPhone application targeted at the population of the world too intimated by Craigslist or eBay to sell their wares on the web. "If you can use an app like Instagram," says SimplyListed CEO Jon Grall, in an exclusive interview with Mashable, "you can use SimplyListed to sell your stuff."

Mashable - When I go to a bar, the bouncer usually stops me and asks for an ID. I show him my state-issued driver’s license and walk on by. This may be unusual, as I’m 36 (thanks, mom, for the good genes), but we’re all pretty accustomed to presenting our official identification when needed. We need IDs to vote in an election, and when we get pulled over for speeding. If identification is so commonplace in the physical world, why is it still such a hazy area on the Internet? In the old days of web publishing, almost every site required its users to register in order to access certain functionalities, like commenting. However, each login was only useful to its corresponding website. Users had to remember a myriad of usernames and passwords just to read up on the morning news.

Mashable - The Social Media Infographics Series is supported by Vocus' Social Media Strategy Tool, a free, six-step online tool that lets you build a custom social media framework tailored to your organization’s goals. You likely know that Facebook is the world's largest social network with more than 800 million users, but did you know that more than 250 million photos are uploaded every single day? Or that the average American spends seven hours and 46 minutes browsing her friends' profiles per month?

Mashable - Thanks to this week’s advertisers and partners for enabling us to bring you the latest social media news and resources. Mashable's sponsors are as social media savvy as our readers! Advertise with us and get noticed. Mashable is seeking site sponsors for our large, diverse audience -- social media users, venture capitalists, early adopters, developers, bloggers and many more.

AP - The computer networks that control power plants and financial systems will never be secure enough and a new, highly secure alternative Internet should be considered for development, a top FBI official said Thursday.

NewsFactor - It's Hammer time in the search-engine wars. Rapper-turned-entrepreneur MC Hammer is working on a search engine to compete with the majors. It's even got an offbeat name: Wiredoo.

Reuters - EBay Inc reported profit that matched Wall Street estimates and gave a restrained outlook for the rest of the year because of economic uncertainty, sending its shares lower.

Mashable - [More from Mashable: Google’s Sergey Brin: “I’m Not a Very Social Person Myself”]

Reuters - Google Inc is confident that U.S. antitrust regulators will clear the search giant of any wrongdoing, Executive Chairman Eric Schmidt will tell a congressional panel on Wednesday.