Twitter takes a look back at the London 2012 Olympic Games and the record tweet tallies it produced. FULL STORY >

A new report by Semiocast reveals exactly which city and country has most vigorously adopted Twitter as its microblogging platform of choice. FULL STORY >

Growing familiarity with social networks is driving new forms of lending and borrowing money, which bypass banks altogether. FULL STORY >

Facebook purchases mobile bookmarking service Spool. FULL STORY >

Twitter brings new features to the latest versions of its mobile app for Android-based mobile devices and the iPhone. FULL STORY >

Facebook has come under fire for changing the email address shown on users' profile to one that points to their often ignored Facebook email. FULL STORY >

Facebook has agreed to buy facial recognition company Face.com. FULL STORY >

The popular social networking site Twitter reveals some measures it has taken to improve the loading and page rendering times of the site. FULL STORY >

In this week's Gaming News Round-up more screenshots of the forthcoming Game of Thrones RPG are revealed, whilst the official launch trailer for Max Payne 3 is released. FULL STORY >

Popular social networking destination Twitter reveals its Innovator's Patent Agreement, via which the site commits to using its patents for defensive purposes and not as a revenue generating tool. FULL STORY >

The location-centric service Foursquare crosses the two billion mark in check-ins, thanks to its twenty million plus users. FULL STORY >

The popular social networking site Twitter has filed a lawsuit in a US federal court against five spammers and spamming tool providers. FULL STORY >

Facebook has announced that it is in the process of acquiring photo-sharing app Instagram for a cool $1 billion. FULL STORY >

Facebook buys 750 of IBMs technology patents as possible ammo in its patent battle with web search firm Yahoo! FULL STORY >

Micro-blogging site Twitter celebrates its sixth year of existence. FULL STORY >