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

The Federal Bureau of Investigation is apparently looking into ways of scraping information shared on social media sites in a bid to identify potential crimes before they occur. FULL STORY >

South Africans have embraced social media as a core pillar of internet activity according to a new study released today. FULL STORY >

Facebook has introduced a new Subscribe feature to further fine tune newsfeeds. FULL STORY >

Global information and measurement company Nielsen released a report this week on the impact of social media. FULL STORY >

Twitter provides the latest figures for how many active users it enjoys, and reports notable growth. FULL STORY >

Sony has announced that its forthcoming new portable console will have dedicated apps for social media networks. FULL STORY >

Foursquare is the latest social media site to launch a new feature, which aims to enable users to more effectively create lists of their favourite places. FULL STORY >

Google has fired its next salvo in the competition against reigning social network king, Facebook, by adding games to its feature list. FULL STORY >

Acer explains how a changing world has compelled it to begin a company-based evolution of its own. FULL STORY >

At 33 Chris Botha is group MD of The MediaShop, one of the biggest media agencies in SA. He talks to TechSmart about marketing in the age of social media. FULL STORY >

The Nobel Committee announces this year's Nobel Peace Prize nominations, which seems to include more electronic competitors every year. FULL STORY >

As unrest continues in Egypt, internet search giant Google reports that one of its employees has gone missing. FULL STORY >

If there is one guy to follow on Twitter to keep you up to date with tech its Aki Anastasiou. Resident trafficologist and presenter of Technobyte on 702, Aki has embraced social media and ran with it. TechSmart eventually managed to catch up with him. FULL STORY >

Posterous is the self-proclaimed place to post everything. It apparently makes blogging as easy to do as sending an email. FULL STORY >