Flipboard has launched a new edition that has turned the social magazine into a place for self expression. This second edition allows users to collect things they come across on Flipboard, and create their own magazine on any topic, event or personal interest. . Read More

TripAdvisor Inc., has announced it has purchased Tiny Post, the highly acclaimed app that allows you to write on top of photos and converts them into stories. . Read More

YouTube has reached 1 billion unique users now visiting the video-sharing website each month, or approximately one of out of every two people online. YouTube said in a blog post, "If YouTube were a country, we’d be the third largest in the world after China and India.". Read More

TechCrunch reports that Rumblefish, a company that works with YouTube, Amazon, Vimeo, Facebook and Slideshare to allow users to add licensed soundtracks to their digital creations, has announced that it has purchased Catalogik. Read More

Hypebot reports that Chirpify, which currently allows in-stream purchases through Twitter and Instagram, has announced it is extending its platform to make it possible for purchases with a comment in the news feed on Facebook. . Read More

The Wall Street Journal reports that Facebook is looking to emulate one of the trademark features of rival Twitter by rolling out hashtags as a way to group similar conversations. . Read More

Arkadium, NYC-based creators of casual games, announced today that after 12 years of profitable organic growth it has accepted a $5mm Series A minority investment from Edison Ventures. . Read More