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Ning Gets Glammed Up With Sitewide Update

It’s like “Facebook in a box,” complete with ad tech solution.

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News Byte

CashStar Raises $5 Million in Venture Funding

Digital gifting platform CashStar announced Wednesday it raised $5 million in venture capital, the company’s fourth round of fundraising since its founding in 2007. The round includes investment from Intel Capital, FTV Capital, Passport Capital, as well as CashStar co-founder Steven Boal. Including Wednesday’s announcement, the company has raised upward of $26 million in funds to date.

Twitter’s Mobile App Update Carries More Third-Party Warning Signs

A minor update foreshadows a taste of things to come for third-party developers.
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News Byte

Google+ Debuts iPad App

Google launched its iPad-optimized Google+ app in Apple’s App Store on Tuesday morning, joining the recently debuted Android app for tablets. Along with pinch-to-zoom and touch-enabled sharing, the most impressive feature includes the ability to host video chat Hangouts from your iPad, which you can then stream to your TV using Apple AirPlay. Also updated: iPhone users can now manage Google’s new Events feature from their iOS devices.

News Byte

Google Launches +1 Recommendations Web-Wide

Google on Monday launched a recommendations system for Web sites that have integrated the company’s +1 button, aiming to increase traffic through in-site recommendations, while giving third parties more incentive to install Google’s button. Now when users hover over a +1 button on a site, a drop-down menu will appear, suggesting other pages of interest on the same site.

Betable Could Bring Real-Money Stakes to the Social Game Tables

A small start-up aims to level the online real-money gambling playing field.
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The Washington Post Taps Socialcam for Summer Olympics Coverage

Extra! Extra! WaPo goes after a high-flying social app.
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News Byte

Twitter Updates Its Search Functions

Twitter introduced a host of minor improvements to the site’s search mechanism on Friday, including items such as autocomplete, suggested spelling recommendations and a third separate search results section based on tweets from “people you follow.” The updates will roll out to Twitter.com users over the coming weeks; Android and iOS devices will receive some — but not all — of these improvements as well.

News Byte

Facebook Invests in Asian Fiber-Optic Cable Network

In an attempt to further support one of the company’s fastest growing overseas markets, Facebook has invested an undisclosed sum of money in Asia Pacific Gateway, an underwater cable network delivering Internet to many Southeast Asian countries. Facebook’s investment is part of a $450 million pooled investment among a consortium of firms, aimed at increasing Internet delivery speeds while taking some of the burden off Singapore, which now acts as the main hub of Web traffic.

Twitter Employee Live-Tweets His World Series of Poker Ascent, One Hand at a Time

Twitter staff support for one talented, poker-playing engineer is definitely all-in.
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Facebook Explains Email Snafus, Promises Bug Fix

Sometimes, PR is hard.
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Twitter Cuts Off LinkedIn — Who’s Next?

Facebook Announces July 26 Q2 Earnings Call, Its First as a Public Company

Path and Nike FuelBand Pair Up, Flaunting the Benefits of a Private API

Google’s Social Trojan Horse? Google+ Events.

With a Slew of App Updates, Google Continues Its Crusade for the Enterprise

Amid Lukewarm Wall Street Ratings, BMO Goes Bearish on Facebook

Made in the USA: With Nexus Q, Google Brings Manufacturing Back to the States

With Sights Dead Set on the Living Room, Google Debuts A Streaming Media Device

Zynga to Launch Cross-Platform Gaming Network, “Zynga With Friends”

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The real lesson here is that the scoop is and always has been a dangerous act of journalistic narcissism. Did it truly matter if one outlet “broke” the same information that other outlets — and the world of the Internet — knew a second before another?

— Jeff Jarvis on the failure of CNN, Fox and other outlets to report the Supreme Court’s decision accurately