With Own Incubator On Hold, Facebook Befriends Y Combinator

Facebook Inc. is partnering with incubator Y Combinator in a deal that will give start-ups that join the program a range of Facebook resources and expertise–and incentives to use Facebook’s technology.

Facebook says it will support Y Combinator companies with resources for products, technology and design, whether for new websites or Facebook applications.

Y Combinator companies will also get early access to Facebook technologies such as Facebook Credits, the virtual currency and payment service the company recently developed, and Facebook’s Instant Personalization service for third-party websites that use Facebook Connect, among other new features.

Y Combinator will publish a request for applications for its next incubator session, which will happen in Winter 2011. That program will include “social startups” that Facebook could assist.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »