News Corp Storyful acquisition

News Corp snaps up ‘social news agency’ Storyful for $25M

While most online video and other social media content is junk, some of it can be good — and can be exceptionally valuable to news agencies. Storyful combs through that content, aggregating stories from sites like YouTube, Facebook, and Twitter and verifying the sources in the process.

Roblox players built 5.4 million games in 2011

Roblox, a family-friendly entertainment site that allows kids to build their own 3D game worlds, says players created 5.4 million games in 2011 — a 109 percent year-over-year increase from 2010 — demonstrating enormous growth in user-generated online games in the past year.

DEMO: Uppy Media urges fashionistas to tag their looks

Uppy Media is one of 65 companies chosen by VentureBeat to launch at the DEMO Spring 2010 event taking place this week. These companies do pay a fee to present, but our coverage of them remains objective.