Following an investigation that lasted over a year, Turkish authorities are fining Internet giant Google a total of 71 million Turkish Lira (approx. €32 million or USD $47 million) for supposedly dodging the national tax system.

Editor’s note : Below is an open letter to our President from guest author Edo Segal , a concerned web geek who cares about the future of our democracy. It is followed by a proposal and a new website for anyone who thinks they know what #obamashould do (cynics please skip post). Mr President, On the night of your acceptance speech, just before you walked on stage, “you” sent out an email saying “i will be in touch soon”—but you disappeared and all we were left with was the strange feeling you get when your older brother ditches you for his cooler friends

This is the third installment of our exclusive interview last week with Microsoft CEO Steve Ballmer . In the first article we showed an overview and video footage of the main subject areas we covered: Big Opportunities, Operating Systems/Browsers, Mobile, Search and Developers. In the second post we did a deeper dive on his thoughts on big business opportunities for Microsoft in the next 5 – 10 years.

This guest post was written by Meebo CEO Seth Sternberg . It is the first in a series of posts he’s writing about the decisions a young entrepreneur needs to make when she/he is first starting a business

One of my favorite startups at TechCrunch50 earlier this week was ToyBots , a spinoff of the popular Facebook/iPhone game developer Social Gaming Network . ToyBots has created technology that they’ll license to toy manufacturers that will make those toys Internet connected and controllable. Our launch post on them is here .

I’m flabbergasted with some of the coverage surrounding yesterday’s launch of Google Fast Flip .

Residents of San Francisco are a bit put off by the temporary closure of the Bay Bridge this holiday weekend.

Rocket bike FAIYATORIKKUBOBU, for you my friend, one million yen A cool trick to keep your laptop safe from customs The teeny, tiny little music making thing in a Tic Tac box LucasArts will show some Star Wars love at San Diego Comic Con Heavy breathing on the internet is almost a reality

Famous angel investor Ron Conway’s investment focus on real time startups earned him the moniker “ Real Time Ron ” by his close friends. But he’s certainly not the only venture capitalist out there focusing on this space. New York based betaworks , an incubator/VC, is also right in the thick of things.

Nextel phones are notoriously ugly. The company has never worried much about appearances since they were mainly intended for the construction site.