simoniker writes "Over at Gamasutra, a new feature article discusses how much money free-to-play MMO games make, with specific real-world stats from game developers willing to discuss how they make money with microtransaction-based PC games. In particular, Puzzle Pirates co-creator Daniel James reveals that 'the average revenue per user (ARPU) is between one and two dollars a month, but only about 10% of his player base has ever paid him anything.

The Narrative Fallacy writes "With about 4,200 people participating in a US National Security Agency-supported international competition on everything from writing algorithms to designing components, 20 of the 70 finalists were from China, 10 from Russia, and 2 from the US. China's showing in the finals was helped by its large number of entrants, 894. India followed at 705, but none of its programmers was a finalist. Russia had 380 participants; the United States, 234; Poland, 214; Egypt, 145; and Ukraine, 128.

Or dicks.

Udorse, a New York-based startup currently in stealth, has raised a $500,000 round of seed funding from Founders Fund. Founders Fund’s Peter Thiel will be serving on the company’s board of directors.