Spectrum auction starts, draws over $2.7 billion in first-day bids (Ars Technica)

Bidding is finally under way for the 700MHz spectrum being vacated by analog television broadcasts. Bids have totaled nearly $2.8 billion, but the reserve prices on the C and D Blocks are far from being met.

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Inside The Exclusive Diamond Lounge Social Network (AppScout)

Are you a CEO? A celebrity? Maybe just a poor tech journalist? If you're the latter, you can get a trial membership to the Diamond Lounge, where richer, cooler people than you can add you to your friends list. It's the velvet rope, Web 2.0 style.

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Team Aquaduct wins Innovate or Die competition (Google)

The contest said to "Innovate or Die" – and Team Aquaduct lives! The quintet was declared the winner out of 102 entries by building a unique and functional solution to provide rural communities with access to clean water.

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XM/Sirius merger could be finalized soon: report (TG Daily)

After months of government probing and questions of antitrust violations, the merger between the two satellite radio services may be coming to a close, according to a news report.

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OLPC Delays Angering Donors (Digital Trends)

The OLPC's Give One, Get One program launched to an enthusiastic response...now production delays and delivery problems are raising ire amongst some donors.

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