The 
escalating price of buyouts and the valuations of recent IPOs have plenty of people worried we’re in — or approaching — another tech bubble. Experts are divided on how accurate those fears are, but there’s no denying the implosion that occurred around the turn of the century.
The first tech bubble saw ridiculous levels of spending — from both executives and venture capitalists — and it was only a matter of time before investors hopped on that bandwagon.
I 
never expected to have to go to the police because of Facebook.
I’m an avid user, checking in multiple times per day, but like most people, I thought of it as a lark—a place to let friends know about minor achievements and grievances, share pictures, and reconnect with acquaintances. And it was – until someone threatened my then three-year old daughter.
Facebook 
likes Zynga – a lot.
While the social game maker endured some close scrutiny during its IPO because of its reliance on Facebook, the relationship is actually more of a codependent one — and Facebook will be the first to admit that.
It’s 
no secret that Mark Zuckerberg will become an even richer man when Facebook shares begin trading. And you don’t have to look too hard to see his top lieutenants will do quite well also.
But the Facebook gravy train is a long one – and some of the people who will benefit from the initial public offering are ones you might not expect.
The 
already hostile takeover fight for New Frontier Media, the publicly traded owner of nine adult-themed pay-per-view networks, has expanded to include a pair of Hollywood power players – one of whom is also a former video game executive.
Longkloof Limited, which launched the bidding in early March, recently announced its intention to nominate four new board members at New Frontier’s annual meeting in an apparent attempt to push its $19 million offer through. (Porn giant Manwin has made a competing $24 million offer for the company.)
Whether 
the grower is licensed or not, pot is still a risky business in states that have approved its use for medicinal purposes.
Take California. While the state has had medical marijuana dispensaries for more than 15 years, it remains a target for federal law enforcement officials, where the U.S. Drug Enforcement Administration arrested nearly 8,500 people for marijuana-related offenses between 2004 and 2010.
More 
than two years after New Jersey approved a measure to legalize marijuana for chronically ill patients, the program may finally be on the verge of rolling out.
Officials say sales of the drug could be available by mid-summer. That date comes with a few caveats, though, and it’s a lot later than the initial estimate of September 2010. Repeated setbacks have frustrated both patients and companies that hope to sell medical marijuana.
When 
federal officials raided a San Francisco Bay-area medical marijuana training school in April, it sparked outrage among supporters of the program and ruffled feathers of local officials.
The shutdown of Oaksterdam University, though, was yet another in an ongoing dispute between federal and local officials on the topic of legalized marijuana. It’s one that has been escalating over the past year — but so far discussions between the state and feds have been rare.
If 
you ever find yourself sitting across from Gabe Newell at a poker table, do yourself a favor. Walk away.
Forbes magazine recently added Newell, co-founder and managing director of the video-game superpower Valve Software, to its list of the world’s billionaires, estimating his net worth at $1.5 billion. That figure will likely only grow thanks to his latest gamble, called Steam, which is rapidly becoming for gaming what ITunes is to music.
Early 
adopters want technology that pushes the envelope. Gadget hounds want lots of features. If you pay for your digital playthings what others spend on a car, there’s no reason you shouldn’t have both. These elite electronics let you play at the cutting edge with a deep bench of standard capabilities backing you up.
So, what are the gadgets you’re likely to see in the hands of the ‘one percent’? Click ahead for some high-end luxury gadgets.
Chris Morris: Journalist 