Tuesday, November 5

Tag: video platform

Facebook Launches ‘Watch’ A Platform Exclusively For Shows On Facebook
News

Facebook Launches ‘Watch’ A Platform Exclusively For Shows On Facebook

Realizing the power of the videos and the  count on how incredible a way it is to connect, spread information and foster communities, Facebook has recently launched an exclusive platform called Watch. "On Facebook, videos are discovered through friends and bring communities together. As more and more people enjoy this experience, we’ve learned that people like the serendipity of discovering videos in News Feed, but they also want a dedicated place they can go to watch videos. That’s why last year we launched the Video tab in the U.S., which offered a predictable place to find videos on Facebook. Now we want to make it even easier to catch up with shows you love." said Facebook Director of Product, Daniel Danker in a blog post. The blog shared by Facebook: Introducing Watch We’re ...
Snapchat Raises $1.81Bn For a Reported $20Bn Valuation
FUNDING

Snapchat Raises $1.81Bn For a Reported $20Bn Valuation

Messaging app Snapchat has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers. Snapchat did not disclose its valuation in the latest round of funding in its filing on Thursday but technology website TechCrunch reported on Monday, citing sources, that the company could be valued at about $20 billion. Snapchat, which makes a free mobile app that allows users to send videos, photos and messages that vanish in seconds, has faced concerns that the company's estimated valuation is not justified because of its uneven revenue stream. Investors in this round included General Atlantic, Sequoia Capital, T. Rowe Price, Lone Pine and Fidelity, among others, TechCrunch reported on Thursday,...