Snapchat Inc. which makes a free app called Snapchat for sharing quick disappearing images and videos has recently raised a funding of $175 M from Fidelity at a $16 billion valuation, according to the Wall Street Journal. The catch is that Snapchat’s last round of funding in May 2015 reportedly valued the company at $16 […]
Do you know Why Snapchat CEO Evan Spiegel rejected facebook $3 billion dollar’s offer? Because He knows that Snapchat had an edge over facebook in video content.
Online media platform Brut. raises $40 million funding and start its operation in the USA.
How China’s ByteDance Owned TikTok App Affecting Parents Life
The parent company of the photo messaging app Snapchat called Snap Inc has announced the appointment of Amazon’s head of advertising Jeremi Gorman as its chief business officer. Along with him, HuffPost media company Chief Executive Jared Grusd will also join as the chief strategy officer. The moves were disclosed in an internal memo shared by Snap. It was […]
The photo-messaging mobile application Instagram that is owned by Facebook is reportedly testing “tapping” as a replacement of scrolling through posts on the platform. The social firm is testing the tap-to-advance feature to navigate between posts in the Explore section of the app. “We’re always testing ways to improve the experience on Instagram and bring […]
London-based women’s wear company Threads has reportedly raised funds amounting to $20 million in a fresh funding round. The funding round was led by fashion and millennial-focused fund C Ventures. It also saw the participation of Highland Europe (which invests in Matches Fashion, among other related businesses). The funds so raised will be utilized by Threads for […]
Recruit Holdings, a Japan-based HR services provider announced on Wednesday that it reach an agreement with California-based job site operator Glassdoor to acquire the company for $1.2 billion to get access to the database of company reviews and salary data. Glassdoor is a private company founded in 2007 that allows its employees and former employees […]
India is a fast evolving and developing country with ever-more resources and capital being poured into the Indian web market to digitalize the country. A particular tool that has allowed this digital development has been the introduction of cheap and reliable smartphones in the market which allowed a large portion of the country to afford […]
Facebook is reviewing its advertising policy amidst the ongoing controversy surrounding the social media platform about the use of third-party data collected by apps and used by firms such as Cambridge Analytica to target specific users. The move comes only a few weeks before the General Data Protection Regulation (GDPR) will come into force in […]
Facebook Inc on Monday rolled out Messenger Kids, an app that lets the world’s biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see. Facebook normally requires users to be at least 13 years old. The new app gives it […]
[dropcap]C[/dropcap]hina’s biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters. Tencent has made a “breakthrough” in gaining an e-payment license in Malaysia for local transactions, and plans a launch early […]