This week, on Episode 226 of The Drill Down podcast, Devindra, Dwayne, and Andy talk about a controversial new lawsuit that pits Yahoo! against Facebook and a new suggested code for sharing content on the Internet.

But first, the headlines…iPad preorders are through the roof, Instagram teases an Android app, Gowalla shuts down, Microsoft tests a super-fast touchscreen, former Facebook director becomes Reddit CEO, CNN to purchase Mashable, Twitter buys Posterous, and the Encyclopedia Britannica stops publishing.

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What we’re playing with

• Andy: OMG: 5-Week-Old App Draw Something Hits 20 Million Downloads And Generates 6-Figures per day

Headlines

• Apple: iPad preorders sell out, demand ‘off the charts’
• Instagram Finally Shows Off Its Android App
• Well that’s that. Gowalla shuts down.
• Microsoft Envisions A Future With Super-Fast Touchscreens
• Former Facebook engineering director Yishan Wong takes role as CEO of Reddit
• CNN in Talks to Acquire Mashable, Sources Say
• Twitter acquires blogging platform Posterous
• Death By Wikipedia: Encyclopedia Britannica Stops Printing

Audible Book of the Week

• Turing’s Cathedral: The Origins of the Digital Universe by George Dyson

Musical Interlude #1

Hot Topic

• Yahoo Sues Facebook for Patent Infringement; Facebook: “Puzzling”
• Everyone Has The Features Yahoo’s Suing Facebook For: Here They Are

Musical Interlude #2: Credit is Due by Nina Paley, performed by Evanescent

Final Word

• A Code of Conduct for Content Aggregators
• We Don’t Need No Stinking Seal of Approval from the Blog Police

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