The 3 Biggest Stories in Social Media & Tech This Morning

 By 
Lauren Indvik
 on 
The 3 Biggest Stories in Social Media & Tech This Morning

Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. We’re keeping our eyes on three particular stories of interest today.

MySpace Confirms Sale Likely in Near Future

MySpace has confirmed that parent company News Corp. is looking for a way to unload its flailing social web property.

iOS 4.3 Developer Build Reveals “Find My Friends” Feature & More

Apple has released the developer build for iOS 4.3. Among the new features we can expect in the next iteration of Apple's mobile platform: settings for a new tool dubbed “Find My Friends,” AirPlay video support for third-party apps, personal hotspot support for the iPhone and multitouch gestures for iPad.

Venture Capital Fundraising Hits 7-Year Low

A recent report from Dow Jones shows a 14% drop in funds raised by venture capital firms in 2010, down to $11.6 billion for the years.

Further News

CityVille, the latest game from the largest Facebook game maker Zynga, now has nearly 100 million monthly active users, according to the stats on CityVille’s Facebook page.

Shazam, the music discovery engine that lets users identify songs as they play, has partnered with Spotify to offer full track music playback for identified tracks.

Social app developer RockYou has acquired Playdemic, a UK-based social gaming company, in order to boost its efforts to build more social games.

TargetSpot, an advertising network for online audio ads, has raised $8 million in a Series C round from Fred Wilson’s Union Square Ventures, Bain Capital Ventures, CBS Radio and Milestone Venture Partners.

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