Kleiner Perkins Launches $250 Million Social Media Fund - Smart Money
PALO ALTO, Calif. -(Dow Jones)- Aiming to capitalize on the social media boom, venture capital group Kleiner Perkins Caufield & Byers on Thursday launched a $250 million fund to back entrepreneurs inventing social applications and services. KPCB said

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Historical comedy, social media flick face off for Oscar - Calgary Herald
As we know, nothing in life is certain except for death, taxes and Hollywood remakes. Now add this to this list. The 2011 Academy Awards should come down to this showdown: a movie about a new American media baron with a personality flaw, versus a

WPP Partners With Buddy Media to Take Social Media Management Global - YAHOO!
WPP, which bills itself as the world's largest communications services group, has just announced that it is making a $5 million cash investment in Facebook management platform Buddy Media . This comes less than two weeks after Buddy Media announced its $23