SiliconBeat

There’s a good post at Valleywag on the social networking hoax Pheltup making a fake claim that it bought real social networking start-up Plurk. Or as blogger Melissa Gira Grant calls Plurk: “a company that shouldn’t exist.”

I’d been hearing about Plurk for awhile (meaning, in Twitter-accelerated time, days). And it just happened that I got an invite to the beta the other night from a friend who said half-jokingly in an e-mail: “Better check out Plurk, buddy. All the cool kids are …” So I did, and now I’m in Plurk, which calls itself a social journal. It graphs your various social networking tools on a visual time line:

I’m having a hard time grasping Plurk. And it’s got me thinking that I’m overextended when it comes to this social networking stuff.

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Jordan Golson at Valleywag does the heavy lifting for us today and crunches the numbers on just what Yahoo co-founders David Filo and Jerry Yang stand to make if the Microsoft deal happens:

“At Microsoft’s offer price, the pair have made almost $1.6 billion since yesterday’s close and stand to cash out more than $4 billion total if the deal goes through.”

Get the full post, with charts and snark, here.