StockTwits: Like Facebook for the Stock-Obsessed

Twitter makes for a great bar-style atmosphere with lots of noise and conversation, but what if you want to talk about a specific topic like the stock market? That’s when you need to find a niche social network like StockTwits, says co-founder and CEO Howard Lindzon.

E-Trade Swallows Cake Financial, Shuts It Down

Cake Financial, a social web service for sharing stock portfolios, has been acquired by E-Trade. The service is to be shut down, information destroyed and account payments reimbursed — but so far, no word on the move from the acquirer itself.