Welcome to our weekly edition of what’s hot in social media news. To help you stay up-to-date with social media, here are some of the news items that caught our attention.
What’s New This Week?
Facebook Send Button: You now have the option of adding a Send button to your content, similar to the Facebook Link button. This new button allows your readers to choose people they want to share your content with.
Facebook Deals Launches Test Programs in Atlanta, Austin, Dallas, San Diego and San Francisco: Similar to Groupon, Facebook Deals allows local businesses to offer digital coupons on Facebook.

Klout Launches New Site: This new version allows you to “compare your Klout profile to others, gain new insight on your score, see the latest Klout Perks, and control which influencers are displayed on your profile.”
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YouTube Founders Acquire Delicious From Yahoo!: Delicious users will be happy to hear that this popular bookmarking platform has a new owner, Avos, that plans to “make the site even easier and more fun to save, share, and discover the web’s ‘tastiest’ content.”

Here are a couple of other social media tools worth a look.
PressJack: A desktop application that allows publishers to convert their web content into digital magazines instantly. A desktop version of the application is currently available in beta.

WP4FB: A free WordPress template to create Facebook landing pages.

And don’t miss this:
Social Media Examiner’s Social Media Success Summit 2011: Check out the largest online social media conference! Help your business grow with social media.
What social media news caught your interest this week? Please share your comments below.
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