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The Vatican announced that Pope Benedict XVI would begin posting messages on Twitter next week under the handle @pontifex, a term for pope that means bridge-builder in Latin.

Not complacent at a billion users, Facebook is parachuting into markets all over the globe. But overseas growth that once seemed to come so easily is slower now.

Facebook Inc. and Zynga Inc. are changing the rules of their relationship. In a bid to become less reliant on Facebook, Zynga disclosed in a filing on Thursday that it has amended the terms of its relationship with the world's largest social network so that it can now host its Web games outside of Facebook's platform, among other things. The new agreement also leaves the door open for Facebook to produce its own games and become a direct competitor to Zynga.

Is it possible to say something profound, to create something beautiful or essential, 140 characters at a time? Of course it is! No it isn’t! Oops, that’s already 141 characters. Clearly, the writers in the first-ever Twitter Fiction Festival don't have an easy task. The virtual literary gathering, brought to you by Twitter, begins today. The writers come from 20 countries and were chosen by a committee “composed of experts from around the publishing industry in the U.S.,” according to the official launch page.

LinkedIn is launching a new Ads API that will make it easier for social media marketers to manage their LinkedIn campaigns. That could mean future growth in the company's ad revenue.

With so much consumption going on, giving back can easily be overlooked. The 92nd Street Y in New York hopes to change that with its social media movement #GivingTuesday. #GivingTuesday is not a charity drive to benefit one cause but a call for many organizations and individuals to give to those less fortunate during this time of year, say its organizers. Retailers around the country will host donation drives in stores on Tuesday. Meanwhile, participants with an online presence are soliciting charitable contributions from their social media followers.

Foursquare is having troubles convincing investors that its valuation shouldn't shrink, a sign of a cooling toward social media startups in the wake of Facebook's messy initial public offering.

Who sees what on Facebook‘s News Feed and why? There has been recent controversy over Facebook’s News Feed and Promoted Posts, with some such as Mark Cuban and George Takei complaining about having to pay (or pay too much) to reach their fans of their Facebook Pages.

... Lawyers for the former Conservative politician, Lord Alistair McAlpine, who was wrongly implicated in connection with sex abuse claims by a BBC show, have vowed to end the so-called trial by Twitter. They said they were looking at a "very long list" of users who wrongly repeated the allegations regarding Lord McAlpine with a view to taking legal action in the British courts. Simply deleting the messages would not be enough, the lawyers told The Guardian newspaper.

A California woman has been fired from her job as an ice cream store manager after she referred to President Barack Obama with a racial slur on Facebook and wrote “maybe he will get assassinated."