Social Media »
Facebook to Buy WhatsApp Messaging App for $16 Billion
Facebook CEO Mark Zuckerberg announced just minutes ago that Facebook will be buying WhatsApp, an extremely popular messaging app predominantly used in Europe. The deal, which is reported to total $16 billion – $12 billion
Read More »Twitter Introduces New Media Website
If I had a dollar for every time an athlete, celebrity, or company did something foolish on Twitter, I’d be a multi-millionaire. For most famous people that get caught tweeting something controversial, the usual
Read More »Twitter Shares Drop in Second Day of Trading
Yesterday we highlighted Twitter’s spectacular first day of trading, where shares ended the day at $44.90, a 73% increase over the IPO price of $26. The strong debut of $TWTR was tempered today, as
Read More »Twitter Shares Soar on IPO Day
Twitter opened its first day of trading with a bang, as shares of the company soared 73% to close at a price of $44.90, a significant jump over its IPO price of $26. Twitter,
Read More »Facebook Class Action Lawsuit Nets $20 Million in Settlement
You may have recently received emails (Example below) this past week about a class action lawsuit against Facebook for using people’s likeliness in “sponsored stories” without the user’s permission. Well don’t delete it, because it is legitimate. Sponsored stories used
Read More »Facebook Introduces Graph Search
This afternoon Facebook launched a new internal search service called “Graph Search” that will allow users to search for photos, shared interests, and many more items among their Facebook friends lists. The announcement comes
Read More »Instagram Modifies Privacy Policy: All Your Photos Are Belong To Us
In a move that has stunned the tech world, Instagram has modified its privacy policy to give it the right to sell your photos without compensation or notice. The move, which goes into effect
Read More »The U.S. and 20 Other Countries Oppose UN Telecommunications Treaty
It’s been almost a year since SOPA and PIPA had been stopped dead in the legislative water, mostly from the uproar it caused by threatening free speech. The movement seemed to have made people realize how
Read More »Facebook Debuts 2012 Year in Review and Trends Pages
This morning Facebook has debuted a 2012 “Year in Review” and Trends page for all users of the social networking service. Members of Facebook can see their own individual Year in Review page by
Read More »Facebook Reaches 1 Billion Users
Facebook has announced an incredible milestone this morning. According to a status update from Facebook’s CEO Mark Zuckerberg, the company announced that it has crossed the one billion user mark, and according to specifics
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