The Daily Digest - The Social Media Stories You Need To Know

In the Daily Digest, we round up the ten most important social media and technology articles from the last 24 hours that are worth your attention.

1# Amazon Setback: Amazon has overestimated the number of prime members they were expected to attract, only signing up less than half of what they expected. which currently has three to five million members overall but the company aims to have seven to ten million within the next 12 to 18 months.

2# Facebook Slammed: A proxy advisory group has criticised Facebook for its share structure and the rights it gives shareholders. Among the criticisms was its dual-class share structure and the lack of accountability its board of directors has towards investors.

3# No Twitter IPO: Twitter has reportedly told its shareholders not to sell more than 20 per cent of their shares so that the company remains private. Twitter CEO Dick Costolo stated that Twitter should keep under the 500 shareholder rule so that they remain private so that they don't have to reveal its financial results.

4# Smartphone Revolution: It's been estimated that there will be over one billion smartphone users worldwide by 2016. Forrester Research also state that 90 per cent of the market will be controlled by Apple, Google and Microsoft.

5# Google & Motorola: Google's $12.5 billion acquisition of Motorola Mobile has finally been approved by both U.S. and European authorities. However regulators have warned the company not to abuse the patents, the Justice Department comparing their patent statements unfavourably with those of Apple and Microsoft.

6#  Paper Laptop: Designer PEGA Design and Engineering have created a laptop made entirely out of paper. Co.Exist report that a new alloy called Paper PP Alloy was used to create the body of the laptop which is said to be strong, sturdy, environmentally friendly and inexpensive to make.

7# Microsoft Hacked: Microsoft's online store in India had been hacked by a group calling themselves Chinese EvilShadow TeamSocial Barrel report that the group stole hundreds of user names and passwords before releasing them publicly online shortly after the attack.

8# Angry Birds on FB: Popular mobile and web game Angry Birds has just found its way onto Facebook as well as the browsers of over 800 million users. Released a day early, the Facebook has over 15 million likes and adds new features to entice Facebook member to give it a go.

9# RIM Inspired By Windows: Blackberry have released screenshots of its new smartphone Blackberry 10 OS, seeking inspiration from both Windows Phone and Android. Crackberry.com state that the screenshots confirms that it will have mini app experiences similar to Android's widgets and Windows Phone Live Tiles.

10# Be My Valentine Ad: Valentine's day is nearly over but that doesn't mean you can't catch up with some of the best social media campaigns that mark the occasion. A number of campaigns ranging from the U.K. to Singapore show exactly how brands and companies decided to celebrate the day

Finally on Simply Viral, if you ever wanted a machine to help you create the perfect date (maybe too late for today but in the future, this Rude Goldberg machine could solve all your problems5

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