StraightUpSocial News Links for 12/30/2009

The US Virtual Economy Is Set To Make Billions

Maggie Shiels at the BBC explores the exploding popularity of virtual goods in the social gaming realm.

Twitter 2.0: API Rate Change Could Lead to a World of New Apps & Features

Marshall Kirkpatrick at ReadWriteWeb points out Twitter’s “plans to raise the limit on the number of times an application can request information from Twitter for a single user to 10 times what it is today,” and what it means for developers and users.

Hitwise: For the First Time Ever, Facebook Gets the Most Christmas Traffic in US

Eric Eldon at InsideFacebook shares data from Hitwise showing that Facebook was the most visited site in the U.S. on Christmas Eve and Christmas Day, a first for the social network.