It’s time again for our weekly recap of the latest Facebook news stories! While Facebook didn’t acquire any companies, or surpass any significant milestones this week, there was still plenty of news for the fast growing social platform. We also have the second volume of the This Week In Facebook video series being produced by my sister. The video is jam packed with YoVillians, burglars, and a game of Risk so check it out!

Protests In YoVille
This week was a volatile one for the world of YoVille, as the much beloved widgets factory was transformed into a Sweets Factory.…

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It appears that Social Hour, one of the few ad networks to be completely banned from the Facebook platform, has now relaunched under a new name: Dizzy Networks. According to one source, Social Hour had been looking for a new face for the company and according to the company’s website, they hired Jeremy Olsson, who was previously the Director of Performance Marketing for RockYou. While the company is still focused on trying to convert IQ quizzes, it doesn’t appear as though Dizzy Networks is running as aggressive of advertisements this time around.

It was only a matter of time before…

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We’ve now received multiple reports that SocialReach advertisements are now being displayed across Facebook applications once again. This is just one day after they were shut down for violating the terms of service. As “The Harmony Guy” posts in our comments, “The ads are a bit modified to placate some of Facebook’s concerns, but on the backend, SocialReach ads are still requesting detailed user information with the session information of the application hosting the ads.”

We have no word about whether or not SocialHour is back but it’s clear the down time was a temporary thing. One thing is becoming…

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Last night Facebook took aggressive action to stop the increased level of application Facebooks ads that are in violation of Facebook’s terms by shutting down SocialReach. As I’ve been covering for the past few days, the volume of spam ads on Facebook have been increasing over the past few weeks. Some developers have even been reporting substantial jumps in revenue from these ad networks which is understandable considering how aggressive the ads are. Around midnight last night the company sent out the following letter to all publishers:

Monday, June 8th, 2009
Facebook Publishers:
Due to circumstances beyond our control we…

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