The top 10 social-media stories that shaped 2012

With outlandish lawsuits, a botched IPO, and a detailed social record of historic world events, 2012 will be remembered as a year of extreme highs and lows in social media. Here are the top 10 social stories that defined the year.

SNL hooks up with Color to broadcast from backstage

The first fruits of a multi-year deal with Verizon are starting to pay off for live video-broadcasting startup Color. Thanks to Verizon’s match-making skills, sketch comedy show Saturday Night Live will be using Color to broadcast unscripted, backstage footage to show fans.

Can you hear me now? Color goes live with multi-year Verizon deal

Color me crazy, but serial entrepreneur and quixotic Silicon Valley character Bill Nguyen could be on to something big. A partnership announced today between his flagging startup Color and prominent wireless carrier Verizon is, at the very least, no small feat.

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2012: The year of the App-ocalypse?

In the past week, two high-profile mobile apps were effectively shut down and acquired — Hipster by Aol and Oink by Google. Both had big PR buildups, rave reviews from the tech press, and strong usage from the digerati.