In a stunning one-two punch, Microsoft will announce separate nonexclusive deals today with both Facebook and Twitter to integrate their real-time feeds of status updates into the Bing search service.

According to sources, Microsoft digital head Qi Lu will announce the deal onstage in a few hours at the Web 2.0 Summit.

BoomTown reported earlier today that the Microsoft data-mining deal with Twitter was poised to be announced.

The first-mover deal by Microsoft, needless to say, is a solid blow to Google, which has also been talking with both companies about a similar arrangement, because–for the first time–data will be available on Bing that are not available on the search giant.

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It’s certainly acquisition fever in Silicon Valley today. After it was announced that Facebook had bought FriendFeed, now comes the news that VMware has purchased SpringSource, a privately held enterprise and Web application development and management cloud computing start-up.

The price? That would be $420 million in cash and stock.

With the purchase of Spring Source, Palo Alto-based VMware–which is a top player in the virtualization space–is adding to its cloud-computing application-management strength and also its ties to the open-source community.

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Here are three screenshots of Microsoft’s internal test of a new search product called Kumo.

The long expected upgrade to Live Search from Microsoft is being tested for a public rollout later this year.

Sources at Microsoft said the company has not yet decided whether it will keep the Kumo name, which sounds a little too much like that crazy dog from the Stephen King novel.

Maybe that’s the point, at least related to Google. (Chomp!)

In Japanese, actually, Kumo has two definitions–cloud and spider.

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BoomTown’s been just one week gone and yet another goofy, traffic-generating debate “erupts” in the blogosphere involving the usual suspects and the favored hyped Silicon Valley company of the moment, Twitter. The new bone being gnawed on is something I can hardly grasp the point of–some drivel argument about what constitutes the authority of a tweet. While tweet status would seem only important to, say, a Warner Bros. cartoon character like Sylvester, all I can think is: Who cares? That’s because the fact remains that Twitter is simply an unknown to most average people in a way other tech trends have not been.

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We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

Here’s an interview that Walt Mossberg did with Michael Dell, the founder of the once-high-flying computer company who has returned as its CEO. Dell was forced to resume the role in 2007 after changing market conditions caused the company to falter and competition from Apple, Hewlett-Packard and Sony increased.

This is part three of three parts.

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