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Sometimes a startup rolls out a new feature, and it just hits the sweet spot of what consumers are craving. It looks like Wikinvest has a hit on its hands with its new realtime portfolio tracker. Less than three weeks after its launch, Wikinvest is tracking $1 billion worth of real investments tied to the real brokerage accounts of about 10,000 members.

The Wikinvest portfolio tracker lets anyone link up their real brokerage accounts to Wikinvest so they can keep tabs on their actual holdings, which are updated automatically every time you make a trade. That way you don’t have to manually update your portfolio (which is what most finance sites make you do). Getting to $1 billion worth of tracked assets in such a short time suggests there is a real need for such a service. Social investing sites like Covestor and KaChing also let you track your real brokerage accounts, and even invest alongside other users—Covestor recently passed $100 million in tracked trades managed through its service.

The difference is that Wikinvest’s portfolio tracker is purely an information product. Wikinvest doesn’t hold or direct any of these assets. They are all in Etrade, Schwab, Ameritrade, Fidleity, and other brokers. But Wikinvest ingests the data and gives people one place to research and track all of their investments. Co-founder Mike Sha says the “vast vast majority of the adoption was from new users.”

One of the biggest requests for the product has been to add brokers who manage 401(k)s. Sha describes the pain financial consumers are feeling: “A lot of these financial institutions are really old school, whose wealth management products were centered around communicating with clients via phone calls and monthly/quarterly reports by mail. Times have changed and they’ve fallen way behind on their web-based self-service tools.”

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If Facebook were a publicly traded company, its market value would rival Yahoo’s and be ten times bigger than AOL’s, if demand for its private shares are any indication. Shares of Facebook on private-company stock market SecondMarket are going through the roof right now. This week, Facebook shares traded on SecondMarket passed $50, giving Facebook a total market value of $25 billion, according to sources with access to the market. (SecondMarket itself does not disclose pricing or valuation of the private stocks it trades). In comparison, Yahoo’s market cap on the publicly traded stock market is currently $21 billion, while AOL’s is $2.3 billion.

These aren’t apples-to-apples comparisons because SecondMarket is a private stock market with thinly traded shares where demand often outstrips supply. (By definition, private stock sales trade in an illiquid market). But it is a real market with buyers and sellers, and right now that market is putting a $25 billion value on Facebook. The last time we checked in on how Facebook’s shares were doing on SecondMarket was in January, 2010 when the company was valued at $14 billion (which was up from $11 billion the month before).

Back in August, 2009, DST was buying back common shares at a $6.5 billion valuation, so that’s been an incredible rise in value over the past year. Even Microsoft’s $15 billion valuation (albeit for preferred shares) does not seem so crazy anymore in light of what investors are paying on SecondMarket.

Last week at TechCrunch Disrupt, SecondMarket’s chief strategy officer Jeremy Smith explained how the market works to Beet.TV, and that so far a total of about $100 million worth of Facebook stock has been traded through SecondMarket (watch the video).

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There are over 150 million clicks on Bit.ly links each day. The amount of data running through the service is massive, and continuing to grow at an incredible pace. But we’ve known that for a while. Just as impressive may be what Bit.ly is doing with its premium service, Bit.ly Pro.

Today, the service is announcing some of the huge names across the web have signed up to use Bit.ly Pro. Yahoo, MySpace, The Huffington Post, Politico, Pepsi, NPR, Scribd, Toys”R”Us, CSPAN, Dailymotion, IMDB, the New York Times, Bravo, Mozilla and Amazon have all joined in recent months. We started using the service shortly after it launched in December — those tcrn.ch you see all run through Bit.ly Pro.

There are now over 12,500 publishers and brands using the Pro version of the service, Bit.ly says — that’s more than double the number they released just two months ago. All told, there are over 1.7 billion monthly uniques for these Bit.ly Pro users.

Overall, Bit.ly hit 4.7 billion decodes (their term for clicks) in May. That’s nearly double what it was just this past February. The service is now the 76th most visited site on the web, according to DoubleClick.

Bit.ly is also announcing a new partnership today with Webtrends. Later this Summer, Webtrends will start incorporating Bit.ly data into its analytics packages.

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The European Commission and the U.S. Department of Justice have just approved Cisco’s $3.4 billion acquisition of video conferencing company Tandberg. According to the release, the transaction remains subject to review in Brazil; however, the antitrust approvals from the European Commission and Justice Department represent the final regulatory approvals required before the transaction can close. The deal, which was announced last Fall, is expected to close in the coming weeks.

Cisco and the Norway and New York-based Tandberg both develop competing tele- conferencing technologies. The release says that the European Commission took into account Cisco’s ambitions to incorporate Tandberg’s technologies to further “interoperability between its multi-screen video conferencing products and competitive products.” As a condition of the approval of the deal, Cisco is required to appoint an independent monitor, who must be approved by the Commission, to oversee the implementation of these commitments. Once the Commission approves the independent monitor, the deal can close.

Cisco recently bought up Rohati Systems, and acquired the set-top box business of one of China’s largest cable companies, DVN, for $44.5 million. This deal was peanuts compared to Cisco’s other 2009 acquisitions including the acquisition of ScanSafe for $183 million. And last fall, Cisco announced a $2.9 billion acquisition of mobile networking infrastructure provider Starent Networks. It’s been quite a shopping spree for Cisco; and it must be a relief to have its most expensive purchase finally approved.

Photo credit/Flickr/TedPercival

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New York-based hedge fund Elliott Associates L.P. in a letter to Novell’s board of directors dated March 2 offered to purchase the infrastructure software company for a cash price of $5.75 per share, or $1 billion net of the cash on the company’s books.

Elliott Associates at the time said it already owned 8.5 percent of Novell and wanted to take the company private for $2 billion.

This morning, Novell’s board publicly responded to the letter, deeming the “unsolicited, conditional proposal” from the hedge fund “inadequate”. It’s not hard to see why Novell feels that way: immediately after the initial purchase offer was made, its shares surged as investors hoped for a better bid, and stock value hasn’t decreased much since.

Shares were valued at 5.64 at market’s close on Friday – it was priced 4.20 at the beginning of this year and 4.75 when Elliott made its purchase offer public on March 2.

Unsurprisingly, Novell’s board of directors said it would start looking for alternatives for the company to “enhance stockholder value”, including a sale to another entity, joint ventures, partnerships or a return of capital to stockholders through a stock repurchase or cash dividend program.

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