The Guardian – Will Foursquare be the new Twitter?
An application that allows friends to track one another’s movements when they’re out and about could be the next big thing in social networking

Total Telecom – YouTube opens movie rental store
Google Inc.’s YouTube on Thursday opened a video rental store, the company’s latest step in its effort to transform the popular video Web site into a profitable business.

Information Age – SaaS set to boom in the UK

A new report from UK-based IT analyst company TechMarketView has predicted that software-as-a-service offerings will receive 15 per cent of all UK software and IT services spending by 2012, up from 5 per cent in 2009.

The Daily Telegraph – McAfee apologises for update fiasco

Antivirus company McAfee has apologised for issuing an update that crippled thousands of computers around the world. Writing in the company’s blog, Barry McPherson, executive vice-president of support and customer service, wrote “I want to apologize on behalf of McAfee and say that we’re extremely sorry for any impact the faulty signature update file may have caused you and your organizations.”

SC Magazine – Opportunities and challenges in social networking

The challenge of social networking in a business environment has been tackled in a new think tank from SC Studio.

The Times – Facebook sets up Google-war with vast expansion through Open Graph

Facebook has announced plans to spread its influence more widely across the internet by weaving its service into all websites.