Kara Swisher broke news that Facebook and Twitter have ended several weeks of “serious talks,” in which Facebook was offering to acquire Twitter for $500 million of its stock. It appears the talks broke down because Twitter executives and Facebook couldn’t agree about actual worth of Facebook stock.

TechCrunch also reported that at the recent Web [...]

Jack Neff at Advertising Age posted a great article today about Ted McConnell, general manager of interactive marketing and innovation at Procter & Gamble, and his statements about social networks as an advertising platform.

Quoted as saying “I really don’t want to buy any more banner ads on Facebook,” McConnell also comments on the so-called “user-generated” [...]