There is a New Social Networking site called Chime.in, that helps users with sharing interests and topics while creating groups and conversations around these interests and topics. Find out more on Chime.in.

Rumour has it that Microsoft of planning a new hybrid search / social networking service called Tulalip which currently sits on the SOCL.com domain. Microsoft aren’t giving away too much at this stage but it is the general assumption that this new project will be launched as direct competition to the recently launched Google+. Find out more on Microsoft Tulalip.

Having partnered themselves with Amazon and with the acquiring of more staff, social networking site, Facebook is set add music to their list of multi billion dollar industry endeavours. Giga Om has revealed that this new social music service will feature a music tab on a users' Facebook homepage which will be liked to a 'music dashboard' where your own as well as what your friends are listening to will be listed. Find out more on Facebook Business Ideas.

Launched in March 2011, Google's +1 button for search results can now be added to any website using a simple JavaScript code, in much the same way as those for Twitter and Facebook. The button, itself, can be customised and with a single click, connections conducting a search can easily find all of your chosen recommendations on the web. Find out more about Google +1

Google has added a way for you to share websites within their search. If you find a site that you really think your friends will like, then you can add a +1 to that search result. This will show your favourites or recommended sites the next time your friends search within Google. Find out more about +1.