Microsoft has agreed to buy 1.6% of Facebook for $240,000,000, giving the social networking site a valuation of around $15 billion. The deal is good for both parties, with Bill Gates finally hanging out with the cool kids, and 23-year-old Facebook founder Mark Zuckerberg getting to throw an awesome kegger.

John Tory has officially backed away from the faith-based schools funding issue that may have cost him the provincial election. Seems kind of silly to drop the idea now that he can say any damnfool thing he wants without anybody paying attention.

In Ottawa, Stephane Dion surprised no one by stating that the Liberals will not trigger an election over a GST cut, much as they didn't trigger one over the abandonment of Kyoto or various other Conservative humiliations of his party. Dion said that Canadians "don't want an election next week," which is code for "Canadians don't want to vote Liberal next week."

An article in the respected science journal Nature recommends giving up on the Kyoto accord, principally because it has failed. The authors suggest that humanity must either make a massive global investment in clean-energy technologies, or alternatively, forget the whole thing and "party like it's 1999."

U.S. Secretary of State Condoleeza Rice made a grudging non-apology in the Maher Arar case yesterday, saying that the case was mishandled but, hey, so what? She also suggested that U.S. authorities might take Arar off their no-fly list if he shaved that crazy beard and changed his name to something less foreign.