Here’s your quick weekly summary of all the latest social media news, including changes and new features on Facebook, Twitter, Google+ and Instagram:
- Digital first: Facebook kills physical goods delivery in gifting service – due to an “overall lack of user demand,” Facebook is ramping down its physical gifting service; Gifts products will shift entirely to digital goods and gift cards (AllThingsD)
- Facebook makes ads prettier with Shutterstock partnership to offer free stock images in ad creator – last week Facebook announced a partnership with Shutterstock; Facebook marketers can now select from millions of free stock images for their ads (TechCrunch, Facebook)
- New headlines feature offers story behind the Tweet – Twitter has added a ‘related headlines’ section, providing lists and links to where a tweet was embedded and helping to ‘surface the stories’ behind a tweet (Twitter)
- Google+ focuses on area Facebook ignores: corporate social networks – Google recently launched the Google+ API Domains, which allows companies to develop business tools on Google+; it also means that Google+ can serve “as an enterprise tool for communication and collaboration” (Wired)
- Instagram acquires video sharing startup Luma – video capture and sharing service Luma has been acquired by Instagram; the company is shutting down its service, giving users until 12/31/13 to download their videos from Luma (AllThingsD)
Any social media updates that we missed? Let us know in the comments below!