According to this article the European Union considers opening an own presence in Second Life. They're saying it could happen in the future, but right now they don't have enough manpower to do it, so it's still in consideration to communicate via unusual mediums.
Hm... could be starting a new trend, that nations are entering the space like many RW companies have already done it. We're going to see.
Packaging&Converting Essentials, a content provider for the graphics and packaging industry, has opened up its in world presence last week in the sim Sede de Marte.
The building is outstanding in regards of architecture; one of the few pentagons you're ever going to see in world. They're handing out RSS reader huds and of course you can get in touch with their staff, my good old friend Ludwig "Lu" Stapleton as communication officer. And yes, she's a female avatar, just being very much in love with Ludwig van Beethoven, hence the name.
Ah and since everybody loves pictures, here's a picture of the building taken by myself. The building itself was done by Alex Bader. 
If you want to listen to nice music or inform yourself about matters of the graphical and packaging industry, just go there and get yourself informed.
CNNmoney.com ran an interesting article about "Second Life's looming tax threat." What stays in world is in world and not interesting for the IRS. But when you're trying to convert it into real money that's quite a different matter.
It is about the possibility that you've got to pay income tax in the future to the IRS if you're earning money in SL and other games like WoW and whether it's possibile or science fiction. An interesting read.
The Netzeitung runs an article today how the German criminal law is applicable to Second Life and not.
To sum it up in short: if you're going to make pornography publicly available there, it is applicable; also child pornography falls under it. Sex between furries - is against it. A dutch attorney is already investigating in case of "child age play" as an act of child pornography.
Well, some new insights, it sums it up to - better don't do anything evil and be sure with whom you're interacting.