Your address book is mine: Many iPhone apps take your data

Path got caught red-handed uploading users’ address books to its servers and had to apologize. But the relatively obscure journaling app is not alone. In fact, Path was crucified for a practice that has become an unspoken industry standard.

Social network monitoring firm Inside Network sold for $14M

Inside Network is like the bible for people who want to know everything about Facebook, social games, mobile apps and the virtual economy. Evidently, it’s a good business, since the company has just been sold for $14 million in cash and stock.

Kontagent launches real-time social app monitoring system

Once upon a time, analytics companies could update their data once a day for social media companies. But in the age of Twitter and fast-moving communications, social applications developers need to know what’s going with their traffic in real-time.