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The Wall Street Journal reports that Twitteris looking to raise a new round of private funding that would result an influx of hundreds of millions at a new valuation of $7 billion. The news comes just seven months after the social network raised $200 million at a valuation of $3.7 billion. (Wall Street Journal)
* Facebookmay revealSkype integration later this morning at a press event which would mean native video chat for all of its 700 million active users. The timing would be particularly interesting given last week’s launch of Google + and its excellent group video chat feature, “Hangout.” (TechCrunch)
* Hulu, which is currently entertaining talks of a sale, reportedly met with Microsoft last week. Up next? Yahoo. (All Things D)
* Can Groupon CEO Andrew Mason fend off the hundreds of daily deals site copycats (aka “Groupon groupies”) spawned since the $20 billion company took off? That’s just one of the questions Vanity Fair explores in their CEO profile. (Vanity Fair)
* It’s confirmed: Verizon Wirelessis switching to new usage-based price plans on July 7. The three options will incude $30 for 2 GB, $50 for 5 GB ,or $80 for 10 GB, with an overage charge of $10 per GB of data. According to the carrier, existing customers who upgrade on or after July 7 will be able to upgrade to another smartphone and keep their current plans. (Fierce Wireless)
* Googleplans to rename non-Google-sounding brands like Blogger and Picasa to “Google Blogs” and “Google Photos.” The services will stay the same — it’s just the names that will change. (Mashable)
* Meanwhile, TechCrunch’s MG Siegler argues that Google +is already proving to be a traffic-referring powerhouse for third-party sites. (TechCrunch)
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