With all that has been said about the Google vs. Facebook competition, its interesting to see that there are actually times when the two companies collaborate behind the scenes.

Facebook is already light enough, so it is likely they’re introducing real-time streaming in the near future.

In buying Los-Angeles based ShopIt.com, Altrinsic shows that there are emerging opportunities in the social-commerce space. Entrepreneurs and investors should take notice of both the opportunities and the risks.