The chances of me being genuinely amazed at something I see a Belgian tech company achieve are rather slim. But occasionally, it happens. Last week I went to local entrepreneur meetup BetaGroup and saw five startups pitch their stuff to the 200-person audience.

The last one to get its five minutes of fame was Cherry, a new mobile operator that promised to “revolutionize the telecom world”. Needless to say, I was as curious as I was skeptical.

Then the company’s CEO got up on stage, introduced himself, took out his Nokia smartphone, called some random guy in the audience and had him call him back on his phone afterwards. Projecting his mobile phone screen on a bigger screen for everyone to see, he demonstrated how he didn’t need to launch an application and just browsed his contact list to call the other person. Standard functionality, sure, but the cool part of it was the fact that the phone was lacking the presence of a SIM card, which is supposed to identify you as a subscriber of a telephony service.

Talk about a serious outage. Payment gateway service provider Authorize.net has been down and out for several hours, a number of tipsters inform us. That has big implications: since the service is used by tens of thousands of e-commerce vendors to accept credit card and electronic checks payments on their websites (example), it likely means millions are being lost during its downtime. PayPal and Google Checkout are still up and running.

It’s unclear when the downtime started exactly, but the consensus is somewhere between 5 and 7 hours at this point (11 AM Eastern), with e-commerce vendors desperately looking for ways to contact the company or get any first-hand information about what’s going on and when the problems will be resolved. Twitter, meanwhile, is buzzing with the news as the United States wakes up (hashtag #authorizenet).

(see updates after the jump)

At the end of last May, Yahoo released an experimental version of Placemaker, a “geo-enrichment” platform. What it does is help developers make applications location-aware by identifying places in unstructured and atomic content (think RSS feeds, web pages, news, status updates etc.) and returning geographic metadata for geographic indexing and markup. In layman’s terms: it can detect places by scanning content and is capable of putting the aggregate data on a map.

While Placemaker does not serve as a geocoder and thus does not perform address recognition on street-level, it is perfectly capable of geo-extracting and indexing documents or atomic units of text, giving third-party developers the means to mark-up and index Web content geographically in a globally-aware, locally-relevant, and language-neutral manner (and Geo Microformats-compatible, too). But the process of parsing the data could sure have been made a lot easier, and if you weren’t a developer there wasn’t really any use for the tool at all.

According to The Hollywood Reporter, movie studio Universal has won a bidding war to pick up the film rights to the classic Atari video game “Asteroids”. Initially released as an arcade game back in 1979, Asteroids featured a triangular space ship that needed to be navigated through an asteroid field.

The object was to shoot and destroy masses of rock and the occasional flying saucer while avoiding smashing into both, so we suspect it will not turn out to be romantic comedy.

Matthew Lopez will write the script for the feature adaptation, which will be produced by Lorenzo di Bonaventura, the producer of both Transformers movies as well as the 2005 adaptation of the Doom game.

Different markets have different needs for marketing products or services. We all know that much. But that doesn’t take away the weirdness of a company like Google advertising its core product (online search) by using ink that was printed on paper.

Guilty of this hideous crime (I kid, I kid) is Google India, who apparently ordered some targeted quarter-page advertisements to appear in a variety of city supplements of The Times Of India, the leading English-language daily newspaper in the country.

Analyst firm Next Up Research has published an extensive report on Linden Lab, the San Francisco company behind virtual world Second Life. The research is based on aggregate data and is available on SharesPost, a site set up to trade shares of privately held companies (if you register, you can download the report for free from that page, or you can find other valuation reports on companies like Facebook and LinkedIn). The report goes rather deep into the valuation of the Linden Lab, which it pegs at somewhere between $658 million and 700 million.

More on that later.

Now that Linden Lab has been around for nearly 10 years, and with its product Second Life celebrating its sixth birthday since launching publicly in June 2003, we thought it would be a good idea to take a close look at the report and see how the company’s doing according to the analysts. First of all, you may be wondering if anyone is still using Second Life at all. The answer is yes, and users are very active on there

It’s one thing when Internet companies like Facebook adopt OpenID, it’s another when a giant retailer like Sears Holdings Corporation embraces it. Sears has just announced that it will enable over 1 million monthly MySears and MyKmart visitors to use their Google, Facebook, MySpace, Twitter or other accounts to log into the community websites, enabling them to write product reviews and share information about products and services without the need to create a separate account.

Customers will also get access to special offers and coupons in return for their participation in the community.

Really curious to find out how this is done exactly, but someone somewhere has managed to change a real trending topic on Twitter - #MrsSlocombe - into something childish, as you can tell from the screenshot above. Strangely enough, when you do a search for the less appropriate trending topic, not a single result pops up (for now).

Update: ok apparently it’s a legitimate trending topic (see origin here, it was meant as a tribute to British comic actress Mollie Sugden on the occasion of her death, so fans, celebrities and Brits in general started to tweet it) but Twitter is just blocking search results from appearing (which is good). Update 2: I’m not ‘pro-censorship’, but in this particular case it’s understandable behavior on Twitter’s behalf, period. I’m sure they didn’t mean to interrupt or ban tributes to a deceased person.

This may seem like something mundane at first glance, but many people (including reporters worldwide) track Twitter trending topics for breaking news, and it worries me that they can be manipulated.

comScore has aggregated some data based on its World Metrix audience measurement service and put together a study on social networking worldwide. Surprisingly, it appears that the Russians are more engaged with social networking than the rest of the planet (or the biggest slackers at the office, depends on how you look at it). The study found visitors in Russia to spend 6.6 hours and viewing 1,307 pages per visitor per month on average, at the same time - once again - confirming Vkontakte.ru’s leadership in terms of popularity with 14+ million monthly visitors.

To put that level of ‘engagement’ in perspective: the average world-wide is 3.7 hours and 525 pages per visitor. Among the 40 individual countries reported by comScore, Brazil ranked closest to Russia at 6.3 hours, followed by Canada (5.6 hours), Puerto Rico (5.3 hours) and Spain (5.3 hours). The United States is ranked number 9, with 4.2 hours and 477 pages per visitor per month.

According to MediaPost, The Online Publishers Association yesterday announced that 37 of its members, including juggernauts like The New York Times, Forbes, ESPN, CNN and MSNBC.com are (or are soon going to start) running the new, larger ad units the organization introduced last March.

Since the members who are running these campaigns for brands like Bank of America and Mercedes-Benz reach about 68% of the total U.S. Internet audience, there’s a good chance you will soon see them, too. There’s also a good chance you’ll hate them.

Fifty-seven percent. That’s how much overall venture-backed liquidity decreased in the second quarter of 2009 compared to that of last year: from $6.48 billion to $2.8 billion, if you want the hard numbers. Looking at the chart, I’d say the drop compared to the second quarter of 2007 ($14.6 billion) is even more telling. It’s the bad news from this just-released Dow Jones VentureSource report, with the only positive nugget the fact that three VC-backed companies have been able to complete IPOs (raising a total of $232 million), ending a nine-month drought.

Just half an hour ago, we reported separately that the National Venture Capital Association actually counted five IPOs during the quarter in which a total of $721 million was raised (including DigitalGlobe-$279, SolarWinds-$152 million and OpenTable-$60 million). Also, while the NVCA pegged the number of venture-backed acquisitions at 58 in the second quarter, generating $2.6 billion, the Dow Jones VentureSource report says $2.8 billion was reached through M&As of 67 portfolio companies instead.

We were just forwarded an e-mail conversation between a Twitter API team member and a third-party developer because the latter was using a UI for its web-based service that was admittedly very similar to Twitter’s web application.

The startup of course has the right to protect its assets and do its utmost to avoid confusion with users who might think they’re using a Twitter product rather than that of a developer making use of its API.

But something else caught our attention in the thread:

Hi,

Twitter, Inc is uncomfortable with the use of the word Tweet (our trademark) and the similarity in your UI and our own. How can we go about having you change your UI to better differentiate your offering from our own?

Thanks,

Intel Capital has led a Series B funding round in Sense Networks, a NY-based developer of nifty machine-learning technology that allows for digital indexing and ranking of real world locations based on movement data. According to Venturebeat, which broke the news before the weekend, the amount invested was about $6 million in a ‘hotly contested deal’ that left Sequoia pulling the short straw.

Having recently witnessed a panel discussion at the Mobile 2.0 Europe conference on ‘Context’, which Sense Networks CEO Greg Skibiski was a part of, I’d wager it’s a smart investment.

With a webcam built into or sold together with nearly every computer that goes over the counter nowadays you’d expect direct video-based communication to have massively taken off by now, but the reality is that it’s far from being as ubiquitous as some proclaimed it would become in the past.

But maybe it’s just that there’s isn’t always that good a reason to video chat with your friends and family when you can just as easily use voice call or text chat to communicate with them directly. After all, once you’re connected you can just as easily get your message across without actually seeing someone.

But Israel-based 6rounds thinks that there is a demand for a video platform that offers additional layers of fun, social interaction and utility on top of the basics of video conversations, and they’ve raised the necessary funds to bring the idea to market.

Yoono, an extension built to enhance both the Firefox and IE browser experience that comes in pretty handy when you go on the Internet mainly to interact socially with your peers and friends, has just released version 6.1 of its add-on, and revamped the interface along with adding a couple of useful features.

I’ve been trying it out for a couple of hours now, and I have to say I’d already miss it if it were gone from my Firefox browser (which, admittedly, I use less and less thanks to Google Chrome). Yoono is essentially a browser sidebar that aggregates and centralizes your online profiles, including from IM tools like Windows Live Messenger, Google Talk and AIM but also a wide variety of social networks such as Facebook, MySpace, Twitter, Flickr, FriendFeed and more.

The latest version of the extension, next to expanding support for Facebook, Twitter, and MySpace as well as the ability to easily share pages, images, or videos from your browser across all networks at once, boasts another useful new feature: real-time search.

Swedish software firm Global Gaming Factory X this morning announced it has agreed to buy file-sharing service The Pirate Bay for 60 million Swedish crowns (which currently converts to approx. $7.7 million). In addition, GGF has entered into an agreement to acquire the shares in Peerialism, a software technology company that develops solutions for data distribution and distributed storage based on new p2p technology.

The transaction is scheduled to be closed in August 2009.

Update: The Pirate Bay has confirmed the news (see their commentary below).

At the beginning of last year, Yahoo made a fairly large acquisition with the purchase of online video distribution and advertising platform provider Maven Networks. Under the terms of the agreement, which we reported as a rumor the same day the papers were signed, the company acquired the startup for approximately $160 million. At the time, the press release touted the acquisition to lead to an expansion of the “state-of-the-art consumer video and advertising experiences on Yahoo.com and Yahoo’s network of leading premium video publishers across the web”.

Now we’ve learned Yahoo is going to kill Maven Networks instead, the most recent in a long series of deadpooling of products and services by the Sunnyvale Internet behemoth. (also see update)

Over the weekend, YouTube launched a new channel dubbed Reporters’ Center, which it hopes will prove to be a good way to educate existing and aspiring citizen journalists on how to report news in ‘the digital age’. The new resource will feature a host of top journalists and media experts sharing instructional videos with tips and advice for better reporting.

So far, there are 34 videos uploaded to the channel, featuring people like Facebook Marketing Director Randi Zuckerberg providing 8 tips on how to maximize distribution of your YouTube video on the social network her brother famously co-created.

There has been no shortage of talk about the apparent demise of Userplane, the text, voice and video chat software provider that was acquired by AOL in August 2006 for around $40 million (the exact price was never disclosed).

Venturebeat ran a story on the property last May, citing sources and Userplane clients as saying the service had been “neglected if not abandoned by AOL”. Yet this morning, I exchanged some e-mails with Darin Ohlandt, General Manager of Userplane, and he responded to the rumors saying they are definitely not shutting down and will continue to offer the existing chat and IM services to third-party sites.

However, some writing on the wall suggests he may not be painting a complete picture of what is going on.

The pictures of the Sony Walkman in this BBC Magazine article made me feel strangely nostalgic - the actual text of the article made me laugh out loud. The Magazine invited 13-year-old Scott Campbell to trade his iPod for a Walkman for a week, and he recounts his experiences with the device, which was launched 30 years ago this week.

Campbell, apart from being amazed at the blandly colored portable music player, correctly points out that the Walkman is much bigger, heavier and generally more clunky than the digital media players he’s accustomed to seeing within his social circle.

On the upside, he writes, the ‘monstrous box’ comes with a ‘handy belt clip screwed on to the back’.

[Interestingly, Scott is also our intern.]

Last month, Lance Walley left his position as co-founder and CEO of Ruby on Rails hosting company Engine Yard, after the VC-funded startup was forced to trim its workforce by 15% last January.

With nothing else on his hands immediately, Walley started building a Twitter application on his own dime (about $10,000) that would basically link your Twitter account to a brokerage account and enable you to trade stocks via the micro-sharing service. PollyTrade is the result of his work, and it’s currently available in public beta.

When Nokia launched its Ovi Store for mobile applications a month ago, it was clear that - despite its less than stellar launch - it would be a mistake to simply dismiss the Finnish mobile juggernaut’s efforts as meaningless. The company may be struggling to stay relevant on the software and services side, but with a reach like Nokia’s on the handset distribution level I think it goes without saying that a lot of eyes are firmly fixed on Nokia’s initiatives in the field.

There was some criticism about the lack of content on the Ovi Store at launch day, particularly because of the fact that a lot of big names were lacking, but I figured I should give it at least a month to see if and how many developers would flock to the platform. Now, I think it’s time to take a look at where they stand after that month, and I thought I’d start by comparing the content offering to that of Apple’s App Store.

Yesterday we posted about Glam Media contacting Twitter app developers concerning an upcoming ‘Twitter-powered ad network’, and requested more information from CEO Samir Arora as the e-mail we were forwarded by one of the developers was rather scarce on details.

He came through earlier this morning to confirm the accuracy of the scoop, and also provided a statement from his team in order to shed more light on the imminent initiative. As we suggested, the new solution is tied to GlamApps, the company’s application platform.

Glam Media, a distributed media network comprised of both its own properties and a publisher network of hundreds of lifestyle websites and blogs, is looking to build an advertising network powered by Twitter.

We know this because a number of third-party Twitter app developers have received an e-mail this morning from Derek Houdyshell, Network Sales and Program Director for the California company, and one of them forwarded that e-mail to us.

This is what the message reads:

Michael Jackson’s unfortunate passing is a sad event on many levels, and a moment to reflect upon the man’s rich life and career as well as a time to pass support - silent or loud - onto his family, friends and everyone who needs it now that the King of Pop has ceased to be.

For us here at TechCrunch, it’s also an opportunity to take a look at how media, old and new alike, handle news reporting and distribution in this day and age (as well as a sneak peek at how it’ll likely evolve in the near future).

Like many others, I had Twitter open in one of my browser tabs when the first reports of Jackson’s hospitalization and at the time rumored cardiac arrest started circulating. At first, there was no indication that the news had been confirmed by anyone and people were just frantically retweeting messages carrying lots of question marks while trying to find an online news source to serve as a beacon for further updates on the story.