Earlier today the White House administration released an official statement about their position on the Stop Online Piracy Act (SOPA). As of right now, the hearing about SOPA in the House of Representatives has been delayed until there is a consensus on the bill. Thousands of people signed a petition against the bill, which is why the White House responded. President Obama did not indicate that he would veto the bill, but the White House administration assured that they will “not support legislation that reduces freedom of expression, increases cybersecurity risk, or undermines the dynamic, innovative global Internet.” [White House]

Above is a video mash-up put together by YouTube user Baracksdubs of speeches from President Barack Obama being mashed up to match the lyrics of Lady Gaga’s Born This Way. The video was uploaded yesterday and has hit over 20,000 views. If you’re a fan of Obama and Lady Gaga, then the odds are that you will end up watching this more than once.

President Barack Obama has joined photo filtering social network Instagram. He joined Instagram this past Tuesday around the same time that the GOP campaign in Iowa took place. You can follow the President’s campaign account on Instagram at @BarackObama.  President Obama has 4 Instagram photos and over 30,000 followers as of right now.  President Obama’s campaign team is encouraging people to use the hashtag #Obama2012 when taking Obama-related photos.  President Obama is known for using social media as a way to spread the word about his viewpoints when campaigning.  President Obama has accounts on Twitter, Facebook, Google+, and Tumblr.  [Mashable]

“My president is black, he snorts a lot of crack. Holla #2012 #Obama” is a tweet that was sent out by University of Texas College Republicans president Cassien Wright. Shortly after sending out this tweet, Wright has been all over the news and now her Twitter account is set to private. This is the second time a president of the University of Texas College Republicans sent out an offensive tweet.

The White House has announced an investment today that will benefit entrepreneurs. The White House will be increasing capital and resources for entrepreneurs through the U.S. Small Business Administration by moving forward with a $1 billion Early Stage Innovation Fund, which was originally announced as part of Startup America.

Barack Obama has joined the social network created by Google Inc. (NASDAQ:GOOG) called Google+. The Obama profile is linked to the Obama For America campaign. Steve Grove, head of community partnerships, verified the account.

President Barack Obama is campaigning for the 2012 election to serve another four years. Obama’s campaign team has joined Tumblr to tell stories, share jokes, etc. “There will be trolls among you: this we know. We ask only that you remember that we’re people—fairly nice ones—and that your mother would want you to be polite,” wrote the campaign team. [Obama's Tumblr]

First Lady Michelle Obama and Dr. Jill Biden has launched an initiative called Joining Forces. Joining Forces and Major League Baseball teamed up to make Game One of the World Series dedicated to support military families. The Joining Forces initiative and the MLB Welcome Back Veterans program encouraged Americans to recognize and support America’s veterans and military families. To promote the initiative, the First Lady decided to utilize the power of Twitter. Earlier that day, Michelle joined President Obama to announce a commitment from the private sector to hire 25,000 veterans and military spouses. Below is the video of Michelle sending out her first tweet: