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Booting Up: China’s Ban on Facebook and Twitter Might Be Lifted…in Shanghai

Get excited, Shanghai! (Photo: Flickr)

Get excited, Shanghai! (Photo: Flickr)

China’s “Great Firewall,” which blocks users from accessing foreign websites and social media services, might soon be imploded. [South China Morning Post]

Once an $83 billion company, BlackBerry is the target of a $4.7 billion buyout offer from Fairfax Financial Holdings. [AllThingsD]

Thumping music, arty projections and the phrase “ad exchanges” makes Aol’s advertising week presentation sound miserable. [Wall Street Journal]

Need another reason to be glad that you don’t live in Florida or Texas? Residents in those states are targeted the most by text spammers. [The Dallas Morning News]

With the JOBS law in effect, Betaworks’ new Openbeta initiative lets users crowdfund startups they’re interested in. [GigaOM]

Follow Jordan Valinsky on Twitter or via RSS. jvalinsky@observer.com