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Why did the meme factory hire the serious political reporter? They saw eye-to-eye on one important thing: the social network optimization of the news.

A social network with more privacy controls, Mark Zuckerberg's latest passion, a new ranking of top VC firms, and the rest of the day's entrepreneur news. Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs. Here's what we found today.