In a move that could raise the profile of Google+ and highlight some of its nifty capabilities, The New York Times will host a series of Google+ Hangouts with U.S. Olympic athletes over the next week, according to a post on the NYT's Google+ page. The first Hangout, which is scheduled to take place today at 6 p.m. ET, will give participants a chance to interact with Carmelo Anthony of the New York Knicks and Chris Paul of the Los Angeles Clippers, both of whom are going to London to play on the U.S. Olympic basketball team. ...Read the whole story
Interactive One, which targets African-Americans with entertainment and news content via a number of platforms, has formed an exclusive partnership with Lee Moss Media, which owns BlackNews.com and HBCUConnect.com, an online community for students and alumni of historically black colleges. ...Read the whole story
Link-shortening service Bitly raised $15 million in new funding led by Vinod Khosla at Khosla Ventures. The company said it will use the additional capital to hire staff and expand its social Web products. Bitly launched a revamped Web site in May with the aim of becoming a broader social bookmarking hub. ...Read the whole story