Salesforce.com Buys Manymoon for Between $25 Million and $35 Million

Salesforce.com has bought Manymoon, the social productivity start-up. The price of the acquisition was not disclosed, but one source put the sale at upward of $25 million. Manymoon makes one of the more popular tools on Google’s apps platform.

In 4G Race, Verizon Pulls Ahead With Pricey Speed

Verizon Wireless’s new 4G network is “wicked fast” but potentially costly, writes Walt.

Sears Launches Movie-Download Service With Sonic Solutions

Sears Holdings Corp. has launched its online movie download service, Alphaline Entertainment, allowing Sears and K-Mart customers to download movies the same day they are released on DVD.

What Does an iAd Look Like on an iPad? It Looks Pretty Awesome (Of Course)

What will advertisers do with it? That’s a different question, and we won’t get real answers until next year. Until then, check out this cool Tron preview.

Verizon Gets Ready to Launch 4G

Verizon Wireless is ready to talk about its 4G rollout plans, announcing that it will hold a press event on Wednesday to officially spill the beans. Some of those beans, though, are already out there. The company has said it will launch the 4G network (using the Long Term Evolution, or LTE, protocol) in 38 cities before the end of the year.

PayPal Introducing "Social Way to Shop"

PayPal has decided it’s about time to break into social e-commerce, following the lead of just about everybody. PayPal Shoptimist will include both group buying deals and sweepstakes offers, though it’s not fully live yet, so the only things users can do so far are “like” the page and complain about how it’s not live yet.

News Byte

Promoted Tweets Graduate to Google

Quite the week for the paid ads that Twitter calls Promoted Tweets. First they start showing up uninvited in some users’ timelines in a test ahead of a broader rollout. And over the next couple of days, they’ll start to appear along with certain query results in Google’s Realtime Search. This is the first time that ads from an outside network will appear on Google, reports Danny Sullivan of Search Engine Land, and the revenue will be split 50-50.

News Byte

Twitter Tests the Waters With In-Stream Ads

As promised, Twitter is now starting to throw paid ads into users’ streams and hoping not to cause too many ripples in the process. In an initial test with the 900,000 users of third-party client HootSuite, the ads–Promoted Tweets–will be inserted into users’ personal timelines when relevant, based on context and connections. Given the potential for rebellion, Twitter is assuring users its approach to the rollout will be “deliberate and thoughtful.”

Red Bull Alert for Facebook Engineers: Mark Zuckerberg Promises Many More Feature Launches Coming Soon to a Social Network Near You!

During his introduction of Facebook’s Places geo-location offering yesterday afternoon, like any good geek on launch day, CEO Mark Zuckerberg was hopping excitedly onstage about the rollout and promising more to come in the months ahead. “We have a lot of other interesting launch nights coming out this summer,” he said to the crowd of journalists gathered in the decked-out cafeteria of the social networking behemoth’s HQ in Palo Alto, Calif. Since summer is ending in a few weeks, he and I had a short chat after the presentation about exactly what that meant.

Google’s Bungled Buzz Launch “Irresponsible,” Says FTC Commissioner

Outgoing Federal Trade Commissioner Pamela Jones Harbour had some choice words for Google today. In remarks delivered at the last in a series of three FTC privacy roundtables, Harbour lambasted Google for the privacy-violating launch of its new social networking service, Buzz.