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Warner Music Group has completed a deal with YouTube that will bring back music videos for Green Day, U2, Madonna and other artists to the video-sharing site from which they were removed in December, according to two executives familiar with the talks.

Warner has also commenced talks with Vevo, the "Hulu for music" joint venture between YouTube and Universal Music Group and Sony Music Entertainments.

Twitter is about to raise a boatload of cash. Last week we broke the news that Twitter is raising another round of funding at a $1 billion valuation and that one of the new investors in that round is Insight Venture Partners.

We have received multiple reports that a new, convincing, and dangerous worm and phishing scam is making the rounds on Twitter. Hacked accounts are sending DMs to users and stealing their login information. In fact, one of our own has received one of these direct messages.

MySpace just announced that its users will now be able to sync their status updates with their Twitter feeds. MySpace users will be able to send their status updates on MySpace directly to Twitter and will also be able to import their Twitter updates to their MySpace feeds.

Just as bearded hipsters migrate from bar to bar in pursuit of young ladies to ogle, so too have scammers and hackers followed their prey from MySpace to Facebook. As a result, the social network once deemed the "safe" option is now plagued by legions of 419 scammers, phishers, and peddlers of malware.

Many states have laws against texting while driving. But many also are more than happy to tweet you about the traffic conditions.

As social networking grows increasingly pervasive, more employers are utilizing these sites to screen potential employees.

Oh, this is rich. The Nambu Network, owners of the URL-shortening service Tr.im announced today that the service will go open source on or before September 15 of this year.

MySpace is close to acquiring popular social music service iLike, we've confirmed with multiple sources. The deal, which should close this week, will be MySpace's first acquisition since new CEO Owen Van Natta took control of the company in April 2009.