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Megite is the social news aggregrator for anyone interested in what's happening right now by intelligently uncovering the most relevant items from auto discovered news sites and weblogs.

Megite Blog Tracker: the first algorithmic news tracking service created for a single blog. Megite realized that there had to be a better way to explore the conversations around blog posts - particularly for large blogs - than the typical tools such as trackbacks and pingbacks. What's more, blog readers may be short of time and unwilling to scroll through many pages of posts to discover the top story of the day. See the demo created for mashable.com:

My Megite: send us the web link for your public OPML file or reading list, and Megite creates the personalized version for you. Megite fetches the OPML file every time when it runs, so the changes in your OPML file should automatically reflect in your personalized Megite. See the demos created by utilizing OPML files on their blog sites:

License Megite Software: Email us for more info if you are interested in licensing Megite software to create Megite like web2.0 service.

Please read our weblog, or send your questions, comments or OPML file to matthew.chen@gmail.com

Link to Us to let Megite discover you and increase your exposure on Megite.

1. Facebook Now Worth More Than Yahoo And eBay 1 hour ago permalink

Erick Schonfeld / TechCrunch

Facebook's latest round of financing from Goldman Sachs at a $50 billion valuation , which is about the same valuation its shares are trading on SecondMarket , clearly puts it in the pantheon of the most valuable Internet companies. At $50 billion, Facebook is now worth more than Yahoo (which has a $22 billion market cap) and eBay ($37 billion), ...

2. Deal of the week: The New You 7 hours ago permalink

Major Nelson / Xbox Live

It’s a New Year, which means it’s time to give your Xbox LIVE Avatar a make over. This week, Xbox LIVE Gold members can save on the following Avatar items : Item Normally This Week Savings Doctor Outfit ( male / female ) 240 120 50% Police Officer #2 ( male / female ) 240 120 50% Band Hero Mic w/Stand Prop 240 120 50% Black Tuxeedo (m) 240 ...