(elitedaily.com)

NASDAQ cops to “arrogance” and “overconfidence” in the lead-up to the Facebook IPO. [Wall Street Journal]

When will people learn that you can’t sue Google for linking to something embarrassing? Otherwise the search engine would be worthless. [TechDirt]

Teens lie about what they do on the Internet. In other news, the sun rose in the east this morning. [TG Daily]

Conde Nast mags including Wired and The New Yorker are cooling on Flipboard, just as the Times ramps up its relationship. [AdAge]

A team of scientists managed to hack RSA’s supposedly ultra-safe SecurID 800 security device, which we assume means more than a few Wall Street IT pros are being pulled into emergency planning meetings right this minute. [Ars Technica]

Microsoft buys Yammer, to the surprise of absolutely no one. [Microsoft Blog]

Follow Kelly Faircloth on Twitter or via RSS. kfaircloth@observer.com