It’s been a whirlwind of a week for social media as far as business deals are concerned. Here’s a quick recap of the most significant happenings.
Twitter buys Posterous. Twitter has bought fellow micro-blogging site Posterous for an undisclosed sum. Posterous is a simplistic blog platform similar to Tumblr, designed so users can create quick, short posts. It currently has around 15 million users and has been around since 2008.