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Facebook's Home app for Android phones has been downloaded more than 500,000 times from the Google Play store since its release on 4 April. But it has received mixed reviews from users, with an average rating of 2.2 out of five stars.

Online professional networking service LinkedIn is dressing up its mobile application to impress people who are increasingly scrolling through content on smartphones....

Douglas Rushkoff says Facebook's new app just increases disorientation and isn't getting rave reviews from users... And when I looked up Facebook Home online to try to find out just what it was, the first search results that came up were from users sharing how to disable it. This way, consumers can buy the discounted phones on which Facebook Home ships, and turn them back into a regular Android smartphones, where Facebook is just another app we can use in our own good time.

Last spring, the future for Viddy, a video-sharing Facebook app, seemed as sunny as southern California's skies. Based a block away from Venice Beach, the 30-person startup impressed prospective investors with skyrocketing user growth figures and won funding from them at a $370 million valuation. The tech press hailed it as the "Instagram for video," potentially ripe for a billion-dollar-plus buyout. Justin Bieber wanted to invest — and the pop star eventually did just that.

Instagram, the popular photo-sharing service that Facebook bought this year, is the target of a storm of outrage on Twitter and other sites after a change in its user agreement hinted that it might use shared photos in ads.

Microsoft Corp is close to buying business software company Yammer Inc for more than $1 billion, according to a source familiar with the details. Microsoft's interest in Yammer, known for its social networking functions, could allow the software giant to beef up its offerings for corporations.

Poor Instagram users. First, their beloved photo-sharing application moves from iPhone-only exclusivity to the Android phone masses. A week later, Facebook swallows up the tiny startup behind the app for $1 billion. The purchase sparked worries that Facebook might shutter Instagram or change it for the worse by harvesting their personal information or shoving ads into their carefully curated photo streams.

Can a two-year-old photo sharing app really be worth $1bn? It would buy you some some 2,100 Rolls Royce Phantoms. Or 200 million mosquito nets to fight malaria. Or the whole of the New York Times company (with $50m change to spare). If you are Microsoft, it buys you some 800 AOL patents to fight the next patent war.

In its heyday, ICQ was one of the most popular instant messaging networks. Today, you will probably have a hard time finding your friends on ICQ. Nevertheless, almost two year after the release of ICQ 6, ICQ just released a new version of its IM client. ICQ 7 now integrates updates from Twitter, Facebook, Digg, Delicious, Flickr and YouTube.