SocialMedia Networks Snags $6 Million

Social media advertising firm SocialMedia Networks has secured $6 million in fresh funding this Friday. The Series B dough comes from IDG Ventures SF and Charles River Ventures. SocialMedia Networks serves ads in about 5,000 different applications on ... continue

I want to be acquired by AOL [Socialthing]

AOL's acquisition of lifestreaming service Socialthing has been confirmed, reports Mashable. Financials have not been revealed. According to their QBase entry, "Simplifying the management of sites and services that you already use like blogs and social networks, ... continue

Arzoola: A New Voice In Social Network Communication

A startup just launched over the weekend is giving an added voice to the world of social networking. Arzoola's Social Call lets you make and receive free VOIP-powered calls through social network-specific apps. What sets it apart ... continue

MySpace Slipping In UK Traffic

Facebook is reaching new heights in the UK -- and that means MySpace is slipping. New analysis out from Hitwise today shows Facebook taking 45 percent of all social network traffic in the UK in June. Both ... continue

AOL Grabs Former Google Exec

AOL has hired a former Google executive to help head up its Bebo social media network. Kate Burns -- previously managing director of Google -- has signed on as vice president and managing director of Bebo Europe. ... continue

Qbox: Great Idea, But Doesn’t Work

Qbox is a new tool that lets you aggregate and play music from a variety of social networking sites like MySpace, Bebo, and YouTube. I was pretty pumped when I read a write-up about the idea ... continue

Social Networking Cold War: FB To Open Source Platform

Too little, too late? TechCrunch reports that Facebook is about to open source its platform as developers flee the service for the open source Google led Open Social initiative. Bebo already licenses access to the Facebook Platform so ... continue

AOL Finalizes Bebo Acquisition

AOL has finalized its acquisition of Bebo. The social networking number three will form the centerpiece of AOL's newly created People Networks business unit. Announced today, Bebo's CEO Joanna Shields will serve as Executive Vice President of AOL ... continue