Here’s your quick weekly summary of all the latest social media news, including changes and new features on Facebook, Twitter, Google+, YouTube, LinkedIn and Foursquare:
- Facebook rolling out video ads to News Feeds – video ads will be coming to users’ NewsFeeds as early as July; brands will be able to target one of four demographics (AdWeek)
- Facebook is buying social mapping/traffic app Waze for up to $1B to court mobile users – Facebook is acquiring social mapping and traffic app maker Waze; Waze has over 47 million active users (TechCrunch)
- Twitter buys scalable computing outfit Ubalo – Twitter has acquired the technology and team behind Ubalo, a startup specializing in making technical computing more accessible for engineers and scientists (AllThingsD)
Google+
- Google+ adds instant replay, rewind to Hangouts On Air – Google added new features to Hangouts On Air, including rewinding during live broadcasts, playback recordings, higher quality during live video, and the ability to start live broadcasts without refreshing the page (CNET)
YouTube
- YouTube launches its paid subscription channels with select partners – each channel will have a 14-day free trial, and many offer discounted yearly rates; partners include The Young Turks, UFC, Jim Henson Company, Mark Cuban’s HDNet and the Sesame Workshop (PaidContent)
- LinkedIn adds Channels with curated content on LinkedIn Today – LinkedIn Today users can now subscribe to or follow news categories, or ‘channels,’ as well as individual authors (TechCrunch)
Foursquare
- Foursquare updates Windows Phone 8 app, now optimized for Lumia – Foursquare released the latest version of its app for Windows Phone 8, optimized especially for Nokia’s Lumia smartphones (Mashable)
Any updates to social networks that we missed?