Experience Project, the social network for shared life experiences, launched BroadCause, a platform for “social good” where Internet users can connect with the non-profit organizations and causes across a wide swath of categories.
Cing.com, a new daily deals site that promises to offer both daily deals and real-time hourly deals, launched.
MediaSift Ltd., a developer of social media tools and platforms for the real-time social Web, announced that it and Twitter have partnered up to make the full Twitter Firehose commercially available through DataSift.
Facebook for iPhone was updated with the ability to check into events, a maps feature for seeing where your friends are that have checked in, updated UI and the ability to unfriend people from your phone.
Jonathan Rosenberg, Senior Vice President of Product Management at Google, revealed that he will be resigning after years with the company. In unrelated news, Google made a $900 million bid for Nortel’s patents.
HouseTrip raised $2.7 million in Series A venture capital funding from Index Ventures.
A new study released by IAB (the Interactive Advertising Bureau) found that advertisers and marketers plan to ramp up their digital video advertising (DVA) efforts over the next 12 months. The survey questioned 148 marketers and 352 agencies and the vast majority reported that they have plans to increase their DVA spending over the next year by an average of 22% across the board.
LivingSocial has raised another $400 million in funding from several new and existing investors, according to multiple sources close to the company.
Logicworks, a provider of enterprise hosting and cloud computing solutions, raised $7.6 million in growth financing from Seaport Capital, LLC.
KANA Software, provider of Service Experience Management (SEM) solutions, acquired Overtone, provider of social media and customer listening platforms.
Practice Fusion, an EMR and healthcare community, closed a $23 million Series B round of financing led by Founders Fund.
Ranker, a site for listing and ranking anything and everything, raised a $1.3 million Series A round of funding led by Tim Draper at Draper Associates, with participation from a few others.
Online display advertising company Rocket Fuel raised a $6.6 million Series C round led by Northgate Capital.
Twitter finally launched advanced search, allowing users to perform specific word searches, find things that certain users are saying, and search by location and sentiment.