Europe Stifling Facebook’s Targeted Ads – The European Union is set to enact legislation to ban some avenues Facebook uses to create targeted ads, specifically by making Facebook be more transparent about what user data it’s collecting.

Spotify Opens Platform to Developers – Spotify announced the company would open its platform to app developers to include things like reviews and song lyrics, according to The Wall Street Journal.

Facebook May Allow Gambling in UK - Facebook is exploring opening up the platform to gambling in the United Kingdom, according to TechCrunch, maybe as soon as 2012.

Mobile Channels Pushing Traffic for SNAP Interactive - SNAP Interactive told TechCrunch that Facebook’s recently launched mobile channels have given the company’s apps a “significant” traffic boost.

WashPo Reader Boasts 3.5M Users – The Washington Post Social Reader now boasts more than 3.5 million subscribers, according to a company statement. The growth came in just two months and is especially popular with users under 35, 83% to be exact.

Other Announcements:

Liquidus Releases Socialink 2.0 - Liquidus released the new version of its marketing application for car retailers, Socialink 2.0. New features include video integrations.

Secure.me App Protects Users on Facebook – Secure.me is an app that protects users from over-sharing or phishing from viruses on Facebook.