Twitter client HootSuite, which recently raised $1.9 million in funding, has now made an acquisition, buying up Android app developer Swift App. HootSuite says that Swift App was behind the development of HootSuite’s own Android app, which was released last week. The company says the acquisition “means quicker development for…

MSNBC is continuing to try make better use of social media as a distribution tool with a small effort that ties its @BreakingNews Twitter account to a dedicated Facebook page. It’s not clear how much Facebook fans want real-time news mixed with their friends’ status updates—as opposed to following @BreakingNews…

LivingSocial, which develops various social apps and also runs a group-buying service, has raised $25 million in a second round of funding led by U.S. Venture Partners. The company’s flagship app is LivingSocial, which lets users indicate and share favorite things on social networks. More recently, however, a second service—LivingSocial…

Betaworks, the NYC-based tech investor and social media incubator that has positioned itself at the center of the ‘real-time web,’ has raised $20 million in a second round of funding led by RRE Ventures and Intel (NSDQ: INTC) Capital. Other new investors include AOL (NYSE: AOL) Ventures, the New York…

Two small—but noteworthy—acquisitions for Thing Labs, the company behind Facebook and Twitter web client Brizzly: Thing Labs has purchased Wikirank, a tool that let users visualize and compare the most popular topics on Wikipedia, and is also announcing the purchase of Twitter iPhone client Birdfeed. Thing Labs has added some…

In another bit of EMI news, less vital to the company’s future than today’s latest change at the top, OK Go and Capitol Records have parted ways after nine years through mutual agreement. OK Go asked; EMI agreed. OK Go is best known for its viral videos—and was touted by…

MySpace (NYSE: NWS) pulled up the curtain a little this week, letting in some light on a makeover still very much in progress and marking a debut of sorts for Co-Presidents Mike Jones and Jason Hirschhorn as a team. By walking reporters through their road map, the two hope to…

Barring a last-minute fix or change of strategy, at midnight Tuesday Hulu.com will switch from a co-host for online video of the Daily Show with Jon Stewart and The Colbert Report to a referral engine for the popular shows. Viacom (NYSE: VIA) execs like to call it a test but…

News aggregator Daylife will begin reselling pictures posted by users of London-based citizen-photo journalism site Demotix to create an “open image wire service.” The arrangement is an expansion of Daylife’s existing image programs. Last fall, Daylife began partnering with Getty Images—which is also an investor in Daylife—on products that lets…

Celebrity gossip site TMZ has quietly unveiled a gentler fashion-oriented offshoot called Too Fab. Although TMZ maintains high traffic—February uniques were up 6 percent to 14 million, per comScore (NSDQ: SCOR)—and gained new credibility by breaking the news of Michael Jackson’s death last year, many advertisers remain uncomfortable with the…

With services that make it easy for users to share their location—like FourSquare and Gowalla—gaining buzz and usage, Facebook is finally set to fire back with its own move into the hot location-aware space. The NYT reports that the social network will release a new feature in late April that…

Plancast, a startup which lets users share their plans, has raised $800,000 from SoftTechVC, True Ventures, Founders Fund Angel, Zelkova Ventures, as well as a number of angel investors. On Plancast, users post what they plan on doing later; users can track each others’ accounts and also indicate publicly that…

PlumWillow, a to-be-launched social shopping site betting that teens will skip the mall for online—as long as online shopping is social enough—has raised a seed round led by Crossbar Capital. The site promises to “empower its members to shop together with friends, make wardrobe choices from multiple brands, design their…

It took just two years for Gabe Rivera to have four verticals, including tech “front page” Techmeme, running off his algorithm for discovering and highlighting news. The fourth site, BallBug, launched for opening day in 2006. It took four years to add one—Mediagazer, a site launching today to aggregate news…

IAC-owned local guide network Citysearch is expanding its local listings ad service CityGrid through a partnership with search marketer OrangeSoda. Citysearch is also providing an investment in Utah-based OrangeSoda, the amount of which is undisclosed. The move is part of a more aggressive effort by Citysearch to attract more ad…

Posterous, the popular quick blogging platform, has raised $4.4 million in additional funding, CEO Sachin Agarwal tells us. The site—which is likely best known for letting users blog simply by e-mailing text, photos, or files to a default Posterous account—has grand ambitions for its service; it says it “wants to…

iVillage is looking to expand its advertising role to include sites not specifically aligned with parent NBC Universal (NYSE: GE). The female-focused lifestyle site has struck a deal with recipes and nutrition information and part of EatingWell Media Group to oversee advertising for EatingWell.com. The move is seen as a…

No need for explaining, watch the clip.

Martha Stewart Living Omnimedia (NYSE: MSO) held its advertising upfront yesterday and unlike the traditional TV upfront events that are getting under way, the focus here was the company’s range of cross-platform offerings, all of which are tied together with social media elements. The centerpiece of the presentation was a…