Internet, Social Networking | featured news

The social networking giant is looking to develop features that will allow users to share their favorite TV shows, news, music and other media.

Twitter has bought TweetDeck, the desktop and mobile application for organising tweets in handy columns, for more than $40 million in a cash and stock deal, CNN Money reports citing sources close to the deal. But there’s no confirmation from either player in this game: “For all those who might be curious, we continue not to comment on rumors,” Twitter’s global PR account tweeted earlier this morning. There were no tweets at all on the matter from TweetDeck founder Iain Dodsworth.

The Facebook "Like" and Twitter "Tweet" buttons that appear on so many websites do a lot more than just help you share content with friends.

Jim Cramer got really angry on CNBC yesterday. The LinkedIn (LNKD) IPO got him in a tizzy. Why? Because he said that the underwriters for the offering (Morgan Stanley (MS), B of A Merrill (BAC), and JP Morgan Chase (JPM)) decided to play the old “dot com” games of only releasing an artificially small amount of shares on the market, in hopes of creating a feeding frenzy.

LinkedIn shares skyrocketed more than 80% to trade at about $86 a share, and at a high of $92.99 a share, on Thursday as the social networking site launched its initial public offering.

Sina’s Weibo has nearly 8 times more users than Twitter. In 2010, Twitter had approximately 17 million users in the US, according to an Edison Research report called Twitter Usage in America 2010. Even if Twitter doubled in size this year, which is unlikely, its Twitter account numbers would be dwarfed by Sina accounts alone.

Professional networking site LinkedIn raised its price range for its IPO this week by 30%, valuing the company at $4 billion, a strong indication that demand is running high for the new stock.

When Adorian Deck was home sick from high school, he entertained himself like countless other teenagers have in recent years: He started a Twitter account. Unlike other teenagers, Deck's account became a sensation. Deck, under the handle (at)OMGFacts, tweeted random bits of celebrity gossip and quirky trivia. In less than a year, he had attracted more than 300,000 followers.

Facebook users' personal information could have been accidentally leaked to third parties, in particular advertisers, over the past few years, according to Symantec Corp's official web blog.

Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major U.S. social networking site.