Palo Alto - Facebook has begun testing new privacy options. Once the changes - now in beta and not yet final - are complete, users will be able to decide who can see their Facebook posts on a post-by-post basis, according to PC World.

Los Angeles - Viacom-owned kids channel Nickelodeon (NYSE: VIA) is launching a cross-promotion network for the iPhone, dubbed the AddictingGames iNetwork. AddictingGames will be publishing games from its own and other Viacom properties on the network as well as invite indie game developers to benefit from the brand name.

New York - Online invitation service Evite, owned by IAC (NSDQ: IACI), is has laid off almost a quarter of its personel, 9 employees out of 38 total, and will reorganize to cope with a slump in advertising, according to Paid Content. IAC Chairman Barry Diller said in the first quarter earnings call that display advertising on Evite, its main source of revenue, has been hurt due to the downturn.

Palo Alto - Bling Nation, a mobile payments infrastructure service, has raised $8 million in funding from Lightspeed Venture Partners, Meck and Camp Ventures. The money will be used to work with banks in local U.S. communities to set up the infrastructure required for its Redi Pay Bling mobile payments service.