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Obama set the 'gold standard' for use of social media, and now it's an absolute must for candidates.Four years ago, Barack Obama kicked off his presidential campaign on the steps of Illinois' Old State Capitol, speaking in front of thousands of supporters and a throng of media.

T. Rowe Price invested $55.4 million in Facebook, underscoring traditional investment vehicles' growing interest in hot technology companies.

Social gaming company RockYou has named Chief Operating Officer Lisa Marino as its new CEO. as the company seeks to get on track after a rocky transition from other businesses.

Facebook is making a big announcement today to the media — according to a tweet from tech blogger Robert Scoble — and many are expecting the social network to launch its own coupon service, Facebook Deals. 

The U.S. government's new system to replace the five color-coded terror alerts will have two levels of warnings - elevated and imminent - that will be relayed to the public only under certain circumstances for limited periods of time, sometimes using Facebook and Twitter, according to a draft Homeland Security Department plan obtained by The Associated Press....

The next time Facebook acts up on you, it may not be a change slipped in under the radar, but an experiment to test how you react to different Facebook features.

The tabloids are abuzz about a new study suggesting that Facebook can exacerbate the negative self-conceptions of kids troubled by low self-esteem. If you have 18 friends and see your neighbor has 1,118, the study says your sense of not measuring-up will get worse.

Facebook was said to be in talks to hire Robert Gibbs, President Obama's former White House press secretary, for a senior role helping to manage the company's communications.

Matthew Rothenberg, the man who most believed ran Flickr for Yahoo!, announced his departure in a Tweet today.

Facebook will soon start testing a service to provide local discounts to its more than 500 million members, a move that will thrust the social network into direct competition with Groupon.