MyLikes raises $5.6 million for social endorsements

MyLikes, an advertising platform based on spreading personal product endorsements through social networks, announced today that it raised a $5.55 million round led by Khosla Ventures.

The Like-ification of 2011

A few weeks ago, I was listening to my car radio and had a surreal moment. Driving down Highway 101, I heard my jam, and reached for my iPhone to press a “like” button. I quickly realized the absurdity of my action — this was, in fact, my very analog car radio.

Facebook provides recommendations with new Page Browser tool

This morning, Facebook officially launched Page Browser, a new tool that seeks to help its users discover and “like” new pages on the site using data from one’s previous likes, and that of users in their immediate social network.