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Report: Twitter to Debut Own Photo-Sharing Service

San Francisco - Twitter plans to introduce its own photo sharing service, TechCrunch reported, citing multiple sources. Currently, users can choose between a variety of...

Chinese Business Social Network Ushi Looks to Raise $5 Million

Shanghai - Chinese business social networking site Ushi is in the process of raising $5 million in new funding, CEO Dominic Penaloza tells Reuters. The...

European Social Games Studio wooga Raises $24 Million

Berlin - European online social games developer wooga announced on Tuesday that it has raised $24 million in its second round of venture capital...

Forbes: Facebook to Integrate Spotify Music Service

Palo Alto, Calif. - Facebook has partnered with European streaming music service Spotify on a new music service for the social network, Forbes reported,...

BuzzLogic Nabs $7.8 Million for Social Advertising

San Francisco - BuzzLogic, the provider of an online ad platform optimized for social media, said on Wednesday that it has secured $7.8 million...

Finnish Game Developer Supercell Scores $12 Million

Helsinki - Finnish game developer Supercell announced on Wednesday that it has closed a $12 million investment, led by Accel Partners. Other investors included previous...

Report: Twitter Acquires TweetDeck for $40 Million

San Francisco - Twitter has acquired TweetDeck, the developer of a third-party Twitter client, in a deal valued at more than $40 million, CNN...

Social Media Marketer EQAL Looking to Raise $3.5 Million

Los Angeles - Web production firm EQAL is looking to raise $3.5 million in new funding, about $650,000 of which has been secured thus...

Conversocial Raises $2.4 Million for Social Media Management

London - Coversocial, a U.K.-based provider of social media management tools, said it has raised $2.4 million in a first round of financing, led...

Social Games Publisher CrowdStar Raises $23 Million

Burlingame, Calif. - CrowdStar, a publisher of social games, has raised $23 million in its first round of funding, All Things D reports. Intel Capital...