Late News: Social Media Sites in Peril in China, PlayStation Orbis Launch Rumour, UK to Monitor Phone & Web Traffic in Real-time

China is going into social media meltdown, by closing numerous sites as well as shutting down two of the country's biggest social networking sites - Tencent and Sina. The Chinese government has punished the online agencies as well as impose a suspension on comments posted on the sites following the circulation of online rumours about a coup mentioned last month.

Another next-gen console rumour has popped up this morning, this one addressing the PlayStation 4/Orbis and its intended release. Apparently Sony is gunning to beat Microsoft out the gate, hoping to avoid the PlayStation 3 release fiasco that saw it show up months behind its competitors.

Ryan Cleary, the alleged LulzSec hacker, is back behind bars having broken the conditions of his bail. Cleary, who is accused of hacking activities including attacking the SOCA website, and running IRC rooms that facilitated communication between members of the hacktivist collective, was arrested last year but subsequently bailed.

The government is planning to put another piece of the surveillance state jigsaw into place as soon as next month. New legislation will allow UK intelligence services to tuck into real-time monitoring of browsing, email and phone call data, with ISPs and major sites such as Google and Facebook obligated to pass details on.

The world of social media is a funny one, celebrating many a humorous meme as well as countless hilarious virals - so when the Internet got virtual wind of comedian TV host Conan O'Brien and the news of his acquisition of Mashable, it seemed too good to be true. Because it was.