[ATTACH=RIGHT]16322[/ATTACH]This week players of Facebook games found themselves unexpectedly rewarded for their playtime. The frequent messages that Facebook has awarded the gamer with credits signals Facebook's push to implement [URL="http://www.facebook.com/help/?page=837"]Facebook Credits[/URL], a virtual currency intended to standardize payments across the multitude of Facebook applications. The push of the credits program has also signaled [URL="http://technorati.com/blogging/article/warning-facebook-free-credit-scam/"]a rise in the number of scams centered around it.[/URL] The credits can be used for virtual items, gifts, and power-ups in games such as Bejeweled Blitz, Farmville, Mafia Wars and Treasure Madness. Facebook is using a "first taste is free" approach to hook users on credits. …

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[ATTACH=RIGHT]16532[/ATTACH]Yet [URL="http://techcrunch.com/2010/08/09/google-aquires-jambool-social-gold/"]another target of Google's shopping list has been revealed[/URL], this time [URL="http://www.jambool.com/"]Jambool[/URL], the producer of Social Gold, a payment product that allows developers to build a payment system directly into their applications. The purchase price is a rumored $55 million dollars, with an additional sum on earnout. Founded in 2006, San Francisco-based Jambool is the brainchild of [URL="http://www.crunchbase.com/person/vikas-gupta"]Vikas Gupta[/URL], a former Amazon employee whose creations include the Send Good Karma and Hug Me apps. Jambool's Social Gold provides three APIs: Virtual Currency, with which developers can create virtual currencies for transactions and payments in virtual economies; Payments, which handles …

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The End.