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Latest social networks explore new profit points

February 20, 2015

Social media statistics tend to be staggering. There are more Facebook users on Earth, for example, than there are Catholics. Half a billion Tweets are sent every single day; six billion hours…

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Twitter’s user growth worry, Anthem security breach and Wheeler makes net neutrality stand

February 8, 2015

Twitter only added 4 million extra users during the fourth quarter of 2014, according to the company’s latest earnings report.

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Purple WiFi looks to take social hotpsot service global

February 3, 2015

Purple WiFi, a social-led hotspot service, is expanding fast. Last month the Manchester, U.K.-based firm secured a $5 million funding round led by Sir Terry Leahy, former CEO of retail giant TESCO.…

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Alibaba’s regulators row, Apple catches Samsung and Amazon profits

January 31, 2015

Alibaba came under brief scrutiny from the Chinese commerce regulator this week, before a report criticizing the firm’s efforts to deter the selling of counterfeit products on its site was promptly played down.

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Facebook posts 34% increase in profits

January 29, 2015

Facebook reported a 34% rise in profits for Q4 of 2014, on the back of strong performance in mobile advertising. The social media giant’s earnings of $701 million or $0.54 per share also…

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Microsoft’s Windows 10 announcement, Whatsapp on desktop and eBay’s restructuring

January 25, 2015

Microsoft unveiled more details of the latest iteration of its operating system, Windows 10 this week. The good news for Windows enthusiasts is that the new system will be offered for free.

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Netflix answers slowing domestic growth with international expansion

January 22, 2015

Netflix plans to operate in 200 countries by the end of 2016. The video streaming service, which is already present in 50 countries around the world, also revealed encouraging global user growth…

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Whatsapp hits 700m users, Samsung forecasts profit drop and CES 2015

January 10, 2015

Mobile cross-platform messaging service Whatsapp boasted 600 million users in August. A mere four months later, it has hit the 700 million user mark.

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Three mobile trends to look out for in 2015

January 2, 2015

By Anam Alpenia 2014 was another landmark year in the technology business, and with all the controversies, breakthroughs and mega money deals, one thing is certain – the world is yet again…

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The top 10 technology stories from 2014

December 30, 2014

By Anam Alpenia The past 12 months have been more than eventful for the technology industry. From hacking to mega funding rounds to the biggest technology IPO ever, 2014 has certainly not…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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