peHUB Second Opinion 08.09

Staying Steading: Auto industry remains confident despite broad market turbulence. Apocalypse Avoided: Markets rebound. S&P rallies to biggest gain in more than a year. And, the Dow soars 429 points. Biggest In The World: Apple briefly passed Exxelon to become most valuable company in the world. And, why Apple might be the first $1 trillion company. Earnings: AOL's Q2 profit drops 31%. Hacked: RIM's Inside Blackberry blog is hacked after it cooperates with UK police. Congrats: DJ Patil, who just left Color, has joined Greylock Partners as data scientist in residence. Behind Bars: California is asking Facebook to shut down prisoner access to FB. Felix Salmon: What's the difference between S&P and Moody's? Yikes: Michele Bachmann's army of Facebook activists is now bigger than Palin's.