MaYoMo (Map Your Moments), a powerful new social network for mobile citizen journalists and the most inspired alternative source for global, multimedia news content, launches improved beta version of its site.

Unlike other sources of world news, MaYoMo delivers independent, global news content with Web 2.0 convenience and flexibility. It is designed for both journalists and independent-minded, socially and globally aware readers around the world who need a new, socially-connected, real-time platform for global news reporting – and conversation about that news.

Access to all content on the MaYoMo web site is free. Anyone can quickly create an account and start contributing content and uploading photos, video, and other media assets – from a variety of devices, including video-enabled phones. Contributors who have met certain criteria can create their own “channels” and generate income from them. When a contributor has a channel, he or she will have options to help create better and more viewed content.

“It’s a new concept, a video-centric ‘social news network’ for journalists and their readers, empowering a new era of Internet news creation and distribution.” said Hristo Alexiev, CEO and cofounder of MaYoMo.

Contributors to the MaYoMo site in its “alpha” form (it was first available in Q4 2008) have already posted more than 50,000 news entries from 214 countries.

The MaYoMo platform is available in English, French, German, Italian, Russian, Japanese, Spanish, Chinese, Arabic, and Dutch.