Do you have time to search the web everyday to find the newest social media tools? If the answer is no, then you have come to the right place. I have searched the World Wide Web for social media information all week, and stumbled upon a few favorites along the way. Here are my picks of the week:

The Official Tweet Button:

Third-party Twitter-sharing tools now have their own official competition. This week, Twitter launched an official tweet button, which lets you easily share links from the website you’re on directly with Twitter. Just as we’ve grown to expect with other tweet sharing services – when you click the tweet button, a pre-populated box including brief text and a shortened link, will appear. Something different: Once posted, Twitter may recommend accounts for you to follow based on the news story you shared (such as the site account and reporter of the article you shared.)

MySpace’s Makeover:

MySpace has completely redesigned their homepage – & surprise! It looks similar to Facebook. A sneak peak was given to some users this week, and will be available to all MySpace users on August 16th. Changes include a stream (aka newsfeed), friend recommendations, birthday reminders, & “My stuff” (events, photos, videos, etc.). Too little too late?

Minor Changes To FourSquare:

Small changes to Foursquare this week include:

• Superusers, mayors and venue owners can now see the location of recent checkins and enter an exact latitude and longitude to move a pin to it’s exact location.

• Tips now include an option to add a link directly from the venue page.

• Privacy wise, if you aren’t sharing your location, you can have the added comfort of making sure – the “Current Location” link now has a bar explaining that your location is not being shared.

Bye Bye Facebook Page Sidebars:

Changes are coming to Facebook Pages. If you are an admin of a Page, you may have even been prompted to review your Facebook Pages to make any edits before the new layout arrives. This new layout will not include sidebar boxes, and will have narrower tabs. The change is set to occur on August 23, 2010, with the goal of having cleaner, easier to navigate pages.

Bonus Reading: Can Google Get Social Networking Right?

My final pick is about an article I read this week called Can Google Get Social Networking Right? It is about Google’s innate want to create a social network and compete with the likes of Facebook. They want this in part because they want to remain the authority on online search, and social networks are collecting commercially valuable data that Google cannot access. But this article delves into the ‘can they do it’? They have successful social tools such as YouTube. They’ve had unsuccessful attempts such as Wave and Buzz. But, with the recent purchase of Slide, and their investment in Zynga, one can only wonder if they are attempting, and if they will succeed at creating a social network. Just something to think about.

-Anna (@alucas9)