Ayloo, a brand new social network that has just launched publicly today, wants you to have meaningful conversations. The new site is built on the concept that the most important feature a social site should address is users interacting with one another. And Ayloo does that very well. We coveredSubjotlast month, a social network which allows you to follow specific topics your friends talk about, rather than follow every single update they make....

Social networking sites across the web have long made efforts to try to be everything to everyone. The problem with that, for example, is that your Facebook wall gets plastered with plans you could really care less about and your Twitter stream gets diluted with check-ins and questions about where to go. But there’s a new social network aiming to take the planning of a fun night on the town out of those platforms and into one that can offer the best experience, with no other pretenses than just to ensure a great evening....

The European Commission hascriticisedsocial networking sites for failing to do enough to protect children’s privacy. In tests carried out by the Commission on nine sites, only two had default settings which made minors’ profiles available only to their approved contacts – in other words, profiles for kids that are public by default are bad news, it believes. Only youth-focused Habbo Hotel and Microsoft’s gaming network Xbox Live hide minors’ profiles from public view automatically....

Prompted by the surge of new users to social networking sites like Facebook, Google+ and Twitter, an update was proposed to the US online privacy rule for children. The 1998Children’s Online Privacy Protection Act(COPPA) currently protects children under the age of 13, but some feel that this age roof should be lifted to include underage US citizens from 13 to 17 years of age as well. COPPA currently requires websites and online service providers to verify that children using their services have consent from parents before their personal information is collected....

It wasn’t so long ago that Ihad the chance to talkDwollaCEO Ben Milne about the changing payment industry and how he believed that the company’s “Grid API” could make Dwolla even safer than using cash. The company has seen itself as the champion on behalf of people everywhere who are stuck using high-fee services such as PayPal or other cards and it has done quite well. How well? Let’s just say that Dwolla has finally had its hockey stick moment and has now surpassed over $1 million in daily transactions....