Microsoft releases SDK for Facebook

Vreebit rewards users for social networking
Social-networking site, which rewards users for various actions--including clicking on ads--with virtual currency that can be used to buy actual goods, makes its beta leap.

Obama tells kids to be wary of Facebook
Speaking to around 40 high school students in Virginia, the president suggests children should be very careful about what they post on the social networking site.

Nokia launches beta of Ovi development kit
The Ovi software development kit is a Web-based toolbox for developers that lets them create Web services and apps for handsets running either Symbian or Maemo.

Microsoft wins stay of Word injunction
Landmark injunction would have required the software giant to stop selling its popular Word in its current form by next month.

Users file privacy lawsuit against Facebook
Complaint alleges that the social-networking site is violating California consumer privacy laws by disseminating private information to third parties for commercial purposes.