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Report: Microsoft to acquire Yammer for $1.2 billion

Microsoft has agreed to pay $1.2 billion to acquire Yammer, the developer of private and secure social networks for businesses, The Wall Street Journal reported.

Groupon ignites buzz by naming babies

Stirring up a dot-com-worthy buzz around the Internet, Groupon is running a national deal seeking $1,000 to name your baby "Clembough."

MLB.com's 140 Club cuts through Twitter's 'noise'

Major League Baseball's MLB.com has recognized the potential value of Twitter as a medium by creating the 140 Club, a news service that curates Twitter through a baseball-obsessed lens.

Twitter embeds multimedia options into partner's streams

Twitter went live today with an update to its Expanded Tweets that enables its partners to include multimedia and other content enhancements with any tweet.

Pinbooster permits paying for Pinterest pins [with demo video]

Pinbooster, a startup founded by Dave Weinberg and Ariel Remer, has launched a new platform that lets advertisers pay willing Pinterest users to "pin" their advertisements.

Research: audiences prefer not to interrupt shows for social [with infographic]

A majority of people are unlikely to use automatic social alerts that tell friends what entertainment they’re watching or hearing, and they prefer not to comment until it's over, research shows.

Smack talk goes social with Heckler Sports

Former Heisman Trophy winner Tim Brown and former NFL Pro-Bowler Everson Walls are among the backers of Heckler Sports, a newly launched all-sports social network.

Gigya closes $15.3m to expand social for businesses [with infographic]

Gigya, which powers a social interaction layer for business websites and apps, has raised $15.3 million in a new round of funding from Advance Publications and others.

'Abraham Lincoln: Vampire Hunter' and hidden object game [with movie trailer]

Players of Making Fun's popular Facebook game "Hidden Haunts" are getting a specially tailored preview of the summer movie, "Abraham Lincoln: Vampire Hunter," which debuts in theaters on June 22.

AOL's Patch records record traffic and revenue in May

Amid calls from some investors to shutter the business, AOL's Patch hyperlocal news platform on Monday reported its most successful month ever in terms of traffic and revenue.