Second Opinion

In Second Opinion, we have how founders should use social media and not be a Kanye, Carlyle is raising a $10 bln fund, and parents use tablets to rear their kids.

Some fresh links to go with your afternoon coffee, including a dispute between Punxsutawney Phil and Staten Island Chuck.

Google's IT vs. Amazon IT: Jeff Bezos makes ordinary control freaks look like stoned hippies. Pepper Spray Bert 'n' Ernie: Who cares about Occupy Wall Street? We have Occupy Sesame Street. And, the protests plan to move to the London Stock Exchange. Paranoid, Rude: What everyone is too polite to say about Steve Jobs. Sale: Metlife may also sell its mortgage business. No BBM: Blackberries continue to suffer global outages today. The cause? A huge backlog of email in Europe. New Software: Apple Releases IOS 5 and now its time to update the iPod, iPad and iPhone.

Navy Wins: Disney withdraws trademark application for "SEAL Team 6." Getting Social: Morgan Stanley brokers have gotten the go ahead to market themselves on Twitter and LinkedIn. Crazy: Jared Lee Loughner, who killed six people and tried to assassinate a member of Congress, has been found incompetent to stand trial. Finding the Next Mark Zuckerberg: Peter Thiel announced the fellows of his "20 under 20" program. And, Facebook to launch a music service with Spotify. Poll: More than half of Americans do not want Medicaid funding cut. Crime: Should clowns and people like them--magicians, Santas and Lady Gaga impersonators--be licensed by the state? Video Alert: John Prestbo, Keeper of the Dow, reflects on the DJIA's 115th anniversary with The Deal magazine.

Have an Idea: Four tips to get your startup off the ground. And, how to name your startup. Up in Smoke: Explosion rips through China plant that makes the Apple iPad. LinkedIn: No one knows what this company is really worth, says Business Insider. Coming Clean: PE firms like to crow when deals post great returns but are quiet when things don't go well. They should provide more disclosure, according to Breaking Views. One More Time: Sony gets hacked again but this time its So-net Entertainment Corp. Rich Get Richer: The wealth of millionaire households is expected to increase by 100% over the next 9 years. End of the World: Exactly when and where will the Rapture start? And what to do when the Rapture doesn't happen. Out on Bail: A time of DSK's weekend before he was arrested. And DSK may spend another night at Rikers since Bristol won't take him. Not Fired: McDonald's CEO defends the 48-year-old Ronald McDonald. RIP: Macho Man Randy Savage dies in a car accident.

Google and Games: Google, which hasn’t made much headway in social networking, is looking to use games like Slide and Jambool to compete in the sector. BP Invests $3 Bln: British Petroleum, which is receiving much nicer press now, has made an initial $3 billion deposit into the $20 billion spill recovery fund. Web Proposal: Google and Verizon called on legislators to enact laws to prevent Internet carriers from blocking web sites or selectively delaying access to content common on the Internet. Big Tummies and Death: Men and women with more fat on their waistline have a higher risk of dying. So put down that doughnut. Making Drugs Legal: Vincente Fernandez, Mexicos' ex-president, said that country should legalize drugs to stop the rising cartel violence. Another Health Auction: Air Medical is receiving bids from Bain Capital and Warburg Pincus. Detroit Pistons Bid: Michael Ilitch, who owns the Little Ceasars Pizza chain as well as professional baseball and ice hockey teams, wants to buy the Detroit Pistons basketball team. Wash AG Settlement: Washington Attorney General is expected to announce Tuesday a settlement with an Internet company. TechCrunch hopes its Intellius.

Nokia Talks to PE: Nokia Siemens Networks is in talks with several buyout shops--including TPG, Silver Lake and Bain-- for a $1 billion cash infusion. Mouse House Gets New Entertainment Chief: Walt Disney Co. on Friday named Paul Lee, the head of its ABC Family cable-television channel, to fix its ailing ABC network. Toyota Docs Blocked: Department of Transportation has temporarily blocked release of findings by auto-safety regulators that could favor Toyota. NJ May Say No to Advisors: New Jersey, the third-most indebted U.S. state, is considering handling future bond sales without financial advisers. Goldman Comes in 2nd: Goldman Sachs isn't the best place to work but the second best place, from Dealbreaker. Cuban Bidding for Texas Rangers: A bankruptcy judge rules that auction for Texas Rangers may proceed. Mark Cuban, owner of the Dallas Mavericks, exptected to bid. Mergers Crawl to Close: Deals are taking longer to forge and longer to get regulatory approval. Apple files Patents: Apple has filed patents to cover travel- and shopping-related apps, from CNET.

BP kills Wall Street: The Federal Reserve Bank of New York is checking on Wall Street's exposure to BP to ensure that if the oil company fails it won't put Wall Street or the global financial system at risk. A Mexican Assassination: Rodolfo Torre, the front-running candidate for governor of the Mexican state of Tamaulipas, was killed Monday. Mexican President Felipe Calderon blamed the drug cartels. A Swatch no more: Nicolas Hayek, whose recommendations helped lead to the development of the Swatch, has also died. Another jumps to Moelis: Richard Leaman, the chairman and former head of UBS AG’s investment-banking department, is expected to join Moelis & Co., which was founded by another UBS departee. An Office departure: Steve Carell is hinting that he may be leaving The Office after its seventh season wraps.

Offshore Moratorium: A New Orleans federal judge plans to decide Wednesday whether the Obama administration's temporary ban on deepwater offshore drilling can continue. Seriously? Who says economists aren't realistic?: Economists find a trove of information to study in an imaginary place set 20,000 years into the future. No more AP: CNN, which is owned by Time Warner, will stop using the Associated Press service and materials. Instead, CNN will focus on its own news gathering efforts. Jobs along with Medicare: The U.S. House won't pass a Senate bill to halt a cut in Medicare payments to doctors until the Senate acts on a job-creation bill.

BP Suspends Dividend: After causing the oil disaster in the Gulf, BP decides not to pay its investors loads of cash. Oprah Keeps Giving: The talk show host gave Apple iPads and $10,000 checks to every staffer at O, The Oprah Magazine. Her highness handed the stuff out personally. Hooking up with an Apple lover: Dating site, Cupidtino, aims to connect Apple aficionados with like-minded "Machearts." But what about PC lovers? No fair! Washington Post Shares Halted: Did news of the Newsweek auction stop Post shares from trading? Apparently not. Washington Post shares spiked higher Wednesday and triggered the first use of a new circuit breaker created after the "flash crash" in May. Bummer.