Socialcast recently announced the latest version of Socialcast 3.0, a Twitter type of collaboration tool for sharing the ideas for small and medium enterprises. The micro blogging tool can be used to replace the intranet of a company. The company can sign up for a free 30-day trial of the service with no early termination fees and thereafter they will be charged $5 per user per month beyond 1000 employees.
Twitter has announced that it has acquired Summize, an interactive search tool and simultaneously launched its own search engine search.twitter.com. The new search tool has the exact same look, feel, and functionality of Summize, but with Twitter branding. The deal is said to be worth $15M stock and cash and depending upon how long the team stays at Twitter they could benefit from Twitter eventually getting acquired too.
Quillpill is a micro-blogging site, which is currently in private beta. The service lets users write and read content on mobile devices. Users can create and publish any kind of text-based content on their cell phones - from simple diary posts to novels. Quillpill takes a totally different approach by wanting to know what stories you would like to tell. The site is primarily aimed at aspiring authors and readers of fiction.
Twhirl is a desktop Twitter client, based on the Adobe AIR platform. It connects to multiple Twitter and Friendfeed accounts, pops up notifications on new tweets, shortens long URLs (using snurl, twurl or is.gd), cross-posts updates to Pownce and Jaiku, post images to TwitPic, searches tweets using TweetScan, filters timelines, and is localized to English, German, Italian and Spanish.
Twitter has raised a new $15 million round of funding, following a bidding war by venture capitalists interested to get a slice of the micro-blogging start-up, according to a report from GigaOm. According to GiagaOm, a new investor is leading the round with existing investor, Union Square Ventures also participating in this round.