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Social Media has started taking important Role in Business. Previously Social media was mostly used by non-business users just for connecting with friends and for making new friends. But now Business people are also started using Social Media especially Twitter and Facebook for doing marketing, market research and for supporting customers.

After weeks of discussion in the blogosphere over whether what happened in Tunisia was a "Twitter revolution," and whether social media also helped trigger the current anti-government uprising in Egypt, author Malcolm Gladwell says "Surely the least interesting fact about them is that some of the protesters may (or may not) have at one point or another employed some of the tools of the new media to communicate with one another. Please. People protested and brought down governments before Facebook was invented. They did it before the Internet came along."

As the recession looms on, more and more people are turning to social media and blogs to look for jobs. Jamie Varon (@jamievaron) has generated buzz in the Twitter community with her new website called Twitter Should Hire Me, where she blogs candidly about her attempts to get a job at Twitter. In this interview, she shares her tips on how to use social media to land the job of your dreams, even in a recession.

Breaking News brings you the biggest stories as they happen, 24 hours a day, from hundreds of news sources across the globe. On many stories, we combine eyewitness accounts shared on social media from people at the scene. We publish on BreakingNews.com, @breakingnews on Twitter, Facebook and on three mobile apps.

Twitter is one of the most popular micro blogging and social media site, which is growing at a rapid pace. A lot of individuals and organizations are using Twitter in order to enhance their sales and marketing. It is also effective in brand building. Twitter is a social media site where you can express your views and thoughts in 140 characters. You can also share links along with your thoughts. A lot of tools are available which makes the usage of Twitter more smooth. I have been trying a lot of tools and each day many new tools emerge, which are simply superb. I would like to share some important Twitter tools that I have found useful in managing Twitter accounts.

How will this start changing the game? Josh Korr of Publishing 2.0 reports that about a week ago, four journalists from Washington state began reporting a major local story in collaboration with each other on Twitter. Writes Korr:Those four journalists weren't in the same newsroom. In fact, they all work for different media companies. And here's the best part: Some of them have never even met in person.Could journalists have discovered the same thing we have also been exploring collectively online? That collaboration strengthens a network and draws more readers, not less. I also agree with Korr that news organizations need to start investing in smart journalists who get the power of cooperation. To summarize what these fine professionals did: Acted in real time and focused on the reporting of the events - in line with the Twitter culture of immediacy as well as a sense of urgency for their readers at the respective mastheads Collaborated with each other to cover the story as it was unfolding instead of worrying about the credit - imagine the first cross-news organization team that wins a Pulitzer, now wouldn't that be news? Provided higher quality news than just one person doing the reporting. There was some skepticism in the comments to Korr's post. Maybe this is not the first time journalists network for a news story. This collaboration so open on Twitter seems quite novel to me.I know some of my readers are journalists or are studying journalism. What possibilities do you see...

CheerMeter is a new free social media tool that tracks and analyses Twitter buzz around sporting events in real time.

Many wrong reasons and preconceptions still exist when it come to increase spending on social media.

Watch this well thought out overview of Twitter on mainstream NZ news media. Contributions from people that know things (and get it).

Coverage of the New Zealand blackout campaign has reached all the way UK music media (c/o JS).

- journalists on twitter organized by beat, media outlet, & region

top 10 Social Media Graders for Twitter

Earthquake in China reported on Twitter before traditional media outlets

More stats on Twitter performance and demographics as at June 2009. This social media analytics company examined 11.5 million Twitter accounts.

Another example of mainstream media joining the Twitter promotion bandwagon. Clearly the journalist does not understand the concept fully.

Most important from your Twitter stream The Tweeted Times aggregates news in your Twitter stream and ranks them by popularity among your friends. Never loose any important news!

Looks very neat but costs £2.99 whereas Summify is free...

In the past years communication and way to communucate changes dramatically. The advent of the social and mobile web has made it easy to connect to large groups of people. Web technologies are used to connect millions of people online. This eases the sharing information simpler. Following the Social media smashers Twitter and FaceBook, It's tome now to micromessagging service from Quub, In this fast moving world stay connected over millions of people is a real tough one. To effectively deal with maintaining so many connections, frequent status updates have emerged as a popular method of staying in contact.