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Another busy week at Wolfstar HQ, so as we prep for the well-deserved bank holiday weekend here in the UK, have a look at our top social media stories from this week (which seem to all be about Facebook!):

Facebook launches filters for every phone

Some might call it a coincidence but Facebook says its recent purchase of Instagram had nothing to do with the new “Facebook for Every Phone”. A Facebook app which allows users to add photo filters to their images.

Pinterest feels the burn of Facebook’s Open Graph

Pinterest experienced healthy but not staggering growth through 2011. But the service was one of the first apps to get access to Facebook’s Timeline and Open Graph, which helped them massively. However, since the Facebook disabled auto-posting, Pinterest activity on Facebook plummeted. Its daily active user count has been cut in half, from a high around 2.2 million to 1.1 million today….ouch!

A lot of people are about to make a sickening amount of money from Facebook…

…as the social platforms floats. Will Zuckerberg be a trillionaire soon?

Also from Tech Crunch: LinkedIn acquires SlideShare

This week, professional networking site LinkedIn announced that it has acquired SlideShare – a sharing platform for business documents, videos and presentations. We think this is quite an interesting and sensible takeover from a business user’s standpoint and will definitely improve LinkedIn’s current user offering.

Mind your language!

We’re all guilty of a bit of profanity now and again, especially when we thing no one can hear us! We found this amusing Twitter analysis from the Guardian, showing us where in London is worse for their use of expletives!

That’s it from the Wolfstar pack for this week. Enjoy your weekend, whatever you’re up to!