Tag: Facebook
Facebook Buys Instagram For $1 Billion, To Grow Strength, Remain Standalone
Facebook announced earlier this morning that it has agreed to buy Instagram for US$1 billion, just one week after the number 1 photo-sharing app released its version for Android. Not since Google bought Youtube have we heard of such a huge acquisition in the tech startup scene. “I’m excited to share the news that we’ve [...]
![Facebook’s $10B IPO and everything you need to know [infographic]](http://evanhugh.com/wp-content/themes/wp-davinci/scripts/timthumb.php?src=http://evanhugh.com/wp-content/uploads/2012/01/Screen-shot-2012-01-12-at-7.46.16-AM-140x150.png&w=150&h=150&zc=1 "Facebook’s $10B IPO and everything you need to know [infographic]")
Facebook’s $10B IPO and everything you need to know [infographic]
You’ve heard it many times that Facebook might be going for IPO this year – biggest internet IPO in history, probably the most anticipated news everyone is waiting for as the company itself is preparing to raise $10 billion this year, at a valuation of $100 billion. Recent leak on Facebook financials of the first 9 [...]
Facebook ‘talent’ acquisition on Gowalla is confirmed
This article is also available in Bahasa Malaysia. It is now confirmed that part of the team behind Gowalla will be moving to Facebook office in California, however the number of talent is still in question. Although, Gowalla has made it clear that its services at Gowalla.com will stop by the end of January. “Gowalla, [...]
Gowalla & Facebook acquisitions: For product or talent?
This article is also available in Bahasa Malaysia Facebook has acquired Gowalla, a location-based travel application for an undisclosed amount as reported yesterday. The acquisition terms however are not clear since the official announcement is yet to be made by the two companies. Gowalla is a location-based startup which was clearly defeated by Foursquare in [...]
Paypal: $315M in daily payments plus new Facebook integration
PayPal has been integrating with Facebook for a while since the last year’ micropayments product announcement and Facebook credits purchase via PayPal. Today, a new deal between both of them will be revealed sooner in two-week times, most probably by Katis Burke Mitic (Platform Marketing leader at Facebook). In a recent announcement, Paypal says it [...]
Facebook: Users spent 3 times longer on News Feed than using Apps
Facebook is the largest social network in the world with 750 million active users of whom 50% log in on a daily basis. Its user base has been increasing rapidly in the past two years. Just last year, Facebook only had 400 million registered users. Here are some comparisons of some country population to Facebook [...]
![Public companies are limiting sales of its shares [Twitter, LivingSocial, Square]](http://evanhugh.com/wp-content/themes/wp-davinci/scripts/timthumb.php?src=http://evanhugh.com/wp-content/uploads/2011/08/shares.jpg&w=150&h=150&zc=1 "Public companies are limiting sales of its shares [Twitter, LivingSocial, Square]")
Public companies are limiting sales of its shares [Twitter, LivingSocial, Square]
Private companies rely on the stability of its stocks to stay in the game. Thus, shares sold and bought by investors are constantly monitored. A report by Bloomberg says, Twitter Inc., LivingSocial and Square Inc. are taking steps to bar investors from selling shares on secondary exchanges. Twitter asked its investors in its recent funding to refrain from [...]
Google+ to grab the second place in Social Network
A study done by Bloomberg shows that Google’s new social-networking service, Google+ may grow to become the second biggest social network within the next year, moving past Twitter and LinkedIn. It claims that 22 percent of the U.S. adults will be a part of Google+ by 2012. Google+ already has around 13 percent of the U.S. adults and 9 percent [...]
Facebook into Digital Publishing? – The acquisition of Push Pop Press
Facebook has acquired digital publishing start-up Push Pop Press, Ipad book publisher for an undisclosed amount on Tuesday. This news has raised few question-marks on motives behind the acquisition. However, both companies officially stated that there is no any initiative to start a new digital publishing business. “Although Facebook isn’t planning to start publishing digital books, [...]
Foursquare Is Now Collaborating With American Express
On Thursday, Foursquare has announced its largest partnership to date, collaboration with American Express to offer discounts to cardholders when they check in via Foursquare at restaurants and retail shops. However, Foursquare will not generate any revenue from this collaboration and the company is aiming to attract more lucrative partnership after the American Express deal. [...]
Social network neutrality: Redefine balance
What is Network Neutrality? Jave quoted definition, along with some real news from Tim Wu’s “The Master Switch: The Rise and Fall of Information Empire”. Simplifying it, network neutrality is seeking balance among intimate business players in similar field. It is derived due to existence of information monopolies. Start by time, innovation and interaction becomes essential to survive in [...]
