Microsoft and Facebook have announced that Microsoft will take a $240 million dollar equity stake in Facebook’s next round of financing. They will also expand their existing advertising partnership. [Read more…]

StumbleUpon has launched SearchReviews, a new feature that allows you to discover interesting content anywhere you search. This brings the power of StumbleUpon’s unique recommendation and personalization engine and active social community to traditional search results. [Read more…]

Since Facebook has virtually abandoned the college crowd and opened up its social network to the public, college students have been left out in the cold. College.com is coming to the aid of those college students who feel abandoned by Facebook by launching their own social network. [Read more…]

   

Here’s an interesting tip that you probably haven’t thought of yet. In fact, this will increase the number of links to your StumbleUpon blog, and will automatically increase the “link juice” to every page that you add, review, or “Stumble” using the StumbleUpon service. [Read more…]

 

ProfileBuilder, a site that allows you to create, manage, and consolidate your online identity using www.Profil.es, is in the process of acquiring ZingFu, a social networking resource site with over 600,000 members. Terms of the deal were not disclosed. [Read more…]

 

According to a new survey conducted by Dow Jones VentureOne and Ernst & Young LLP, venture capitalists are seeking to tap into new markets. As a result, global deals having to do with Web 2.0 and Social Media (Social Networking, Social Bookmarking), are up a whopping fourteen percent in the first half of 2007. [Read more…]