December 10 - 9:20am EST   Social network imeem on Monday revealed that it has struck a deal with Universal Music Group that will see the music label's catalog reach the site. The agreement will let users stream both songs and music videos from imeem's pages for free by running ads alongside the content while also permitting users to upload tracks of their own. This marks the availability of all four major labels on the site and promises that users can join a social network based around music while knowing that the majority of content is legal. The solution ensures that artists are "fairly compensated" by tracking the number of plays, according to Universal chief Doug Morris. [full story]