Twitter has acquired Twitpic's website and photo archive."I'm happy to announce that we have reached an agreement with Twitter to give them the Twitpic domain and photo archive, thus keeping the photos and links alive for the time being," Twitpic creator Noah Everett announced Saturday in a blog

And in a somewhat happy turn of events, Twitpic has announced that it has reached an agreement with Twitter to keep Twitpic photos and links alive, giving Twitter control over the domain and the full photo archive.

Instagram is one of the most powerful, engaging, and fast-growing social media platforms of the year. I’ve written before about it’s click-through rates (and how they compare to Facebook), tips on using Instagram, and a number of other IG-related topics.But what about tools?

Welcome to our weekly edition of what’s hot in social media news. To help you stay up to date with social media, here are some of the news items that caught our attention. What’s New This Week?

Business blogs are cursed.About 173 new blogs are created every day. Less than 20% will go on to grow up, mature and live a meaningful life. In fact, they won't even reach adulthood.

Viral

What if you could shoot those cool 360-degree, swivel-around photos you see on ecommerce sites or in The Matrix with just your smartphone? Then you’d be using the 3DAround camera app that launches next month from Dacuda, which gave TechCrunch an early peek.

About once a week, if not more, I find myself typing these words or something similar on Facebook: “I just PM’d you, check your ‘Other’ inbox.” Or, “sorry, I’m on mobile, I can’t get to the ‘Other’ inbox right now.” Or sometimes, just “bump.” If any of these phrases sound familiar, you’re probabl

Facebook introduced its anonymous community app Rooms on Thursday. Now, just 24 hours later, the lead product manager on Rooms discovered that users have hacked it.He's delighted.

Deezer, the Paris-based music streaming service that competes against the likes of Spotify and Rdio, is switching up its game in the battle for more differentiation, more users and a higher profile in the U.S.

DormChat aims to give people a new way to message each other that’s location-based and anonymity-optional — and it’s starting with college students.