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Keeping up with every RSS feed item and tweet is hard enough for anybody, let alone someone trying to run a business. That's why at the end of every week, ReadWriteBiz rounds up the week's most important tech news and insights for small and medium-sized businesses.

The Web conferencing service DimDim was acquired by Salesforce this week, marking the beginning the end of an affordable service favored by small businesses. DimDim users were notified that their free accounts would be disabled by March 11, 2011, as Salesforce prepares to integrate the technology into Chatter, their real-time collaboration product. Our own Alex Williams used the occasion to discuss the inherent risk in using a free service and outlined some of the logistical details of DimDim's impending demise.

There appears to be a bit of customer discontent about the news that Dimdim's free service will be discontinued after the closing of the sale to Salesforce.com.

The closing is without question. The Dimdim FAQ has 11 questions and answers to inform customers about the service's discontinuation.

Dimdim's closing is a study in the risks of using free services. What will happen now to Dimdim customers is all outlined in the FAQ. The first question states the timeline for closure:

Salesforce.com officially announced today its acquisition of Indian web conferencing company Dimdim for approximately $31 million in cash. We reported rumors that Salesforce.com would acquire Dimdim in November, but this is the first confirmation we've seen from either company. As expected, Salesforce.com will integrate DimDdm's features into Chatter.

VCCircle reports that Salesforce.com is close to acquiring India based web conferencing vendor Dimdim. Salesforce.com and Dimdim both declined to comment. Web conferencing would fit nicely into Chatter, Salesforce.com's enterprise social networking platform. VCCircle reports that Salesforce.com staff are already moving into Dimdim's development centre in Hyderabad "for due diligence."

Online meeting service provider Dimdim launched a new product for small and medium-sized businesses yesterday, going up against players like WebEx and GoToMeeting.

The new offering, called Dimdim Business, boasts the ability to host Web-based meetings with as many as thousands of participants, multiple rooms and hassle-free, no-plugin-necessary access for meeting participants.

In a world where emails, phone calls, texts, and Tweets constantly bombard us, it is getting harder and harder to manage the firehose of data and information being thrust our way. For young companies to succeed this environment, it is imparitive they become organized and efficient lest they fall behind and quickly become overwhelmed.

While there is no shortage of online solutions, it can be hard to know which one is the right tool for the job, so here's a list of five web applications to help kick-start your company and keep it organized without breaking the bank.

Dimdim announced the fifth major release of their easy, installation-free* and open-source web meeting application today. Dimdim version 5 brings a number of improvements to the platform, including significantly improved screencasting, availability of trusted SSL session security, webinar widgets, synchrolive co-browsing, performance improvements across the board, and new reporting options. Some of these new features are exclusive to the Pro tier. To this end, Dimdim has moved all Pro accounts to a new, more powerful server farm, and is now offering a monthly payment option as well, both "at a fraction of the cost" of the competitors, according to Dimdim Chief Marketing Officer Steve Chazin.

A year ago, I wrote about the State of Innovation in India, keying off an article I had written 10 years previously. Rather than wait another 10 years, ReadWriteWeb has decided to make this an annual review. This time, we have restricted ourselves to web technology. We are looking for breakout innovation, companies creating and getting traction with technology that will change and create markets.