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Egypt's President Morsi Defies Army with One Tweet (Mashable) Egyptian President Muhammad Morsi rejected the army's ultimatum with a single tweet. Reuters translated the tweet as follows: "President Mohamed Morsi asserts his grasp on constitutional legitimacy and rejects any attempt to deviate from it, and calls on the armed forces to withdraw their warning and refuses to be dictated to internally or externally."

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TwitterEgypt’s President Morsi Defies Army with One Tweet (Mashable)
Egyptian president Muhammad Morsi rejected the army’s ultimatum with a single tweet. Reuters translated the tweet as follows: “President Mohamed Morsi asserts his grasp on constitutional legitimacy and rejects any attempt to deviate from it, and calls on the armed forces to withdraw their warning and refuses to be dictated to internally or externally.” The New York Times In an emotional and rambling speech broadcast live on state television that extended past midnight into Wednesday morning, Morsi called on both his supporters and opponents to put aside their disagreements and unite behind him and hinted strongly that the country could fall into chaos if they did not. “I am the president of Egypt,” Morsi said, invoking again and again what he called his constitutional mandate to remain in power. The Huffington Post In a tweet, Egypt’s cabinet rejected Morsi’s speech. Translation: “The cabinet announces it rejects the speech by Dr. Morsi, which pushes the country into civil war, and the cabinet proclaims her alliance to the will of the people.” Reuters Egypt’s army has plans to push Morsi aside and suspend the constitution after the ultimatum it has given the Islamist president expires in less than 24 hours, military sources told Reuters on Tuesday. Condemning a coup against their first freely elected leader, tens of thousands of Morsi’s Muslim Brotherhood supporters took to the streets, clashing with opponents in several towns. But they appeared to be dwarfed by anti-government protesters who turned out in their hundreds of thousands across the nation. USA Today An Egyptian economy that was ailing when Morsi took power a year ago has since tumbled under his leadership and is at the root of the unrest gripping the Arab world’s most populous country, an analyst said. “The economy has been bleeding on the floor since the revolution began and has gotten much worse since Morsi took over,” said Paul Sullivan, an expert on security and economics in the Middle East who teaches at Georgetown University in Washington.

LinkedIn Brings Beefed Up Search to Mobile App (SocialTimes)
LinkedIn will bring the smarter search functionality it launched for on desktop in March to its iOS and Android mobile apps, the company said on Tuesday. Users can now search for job openings, company pages and groups in the mobile apps, where before they could only search for people. TechCrunch These additional search options appear after you tap into the search box at the top of the app. Plus, even if you don’t kick off a keyword search, you can tap through the categories to see a list of your LinkedIn connections and groups, as well as companies you follow or jobs available to you. The Next Web Putting that in numbers, the company says you can now discover more than 225 million professionals, 3 million company pages, 2 million groups and thousands of job opportunities while on the go. You can download the new apps now directly from Google Play and Apple’s App Store.

Viral Video Startup Justin.tv Raising $20M Round of Funding (VentureBeat)
Justin.tv has raised $8.3 million of an intended $20 million round. Justin.tv is a hot startup that offers live-streamed video services.

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Facebook Scraps 20 Percent Text Rule on Pages’ Cover Images (AllFacebook)
Facebook appears to have quietly scrapped its rule that cover images on pages could not contain more than 20 percent text, which caused confusion amongst many page administrators. In the social network’s last round of changes to the restrictions on cover images for pages, introduced in March, several rules were stricken, but the 20 percent rule remained in place.