King Digital Entertainment’s IPO announcement is, despite its impressive user numbers, a risk. The Dublin-based developer’s games have been downloaded on over 500 million mobile devices and 408 million of those consumers…
Zuckerberg: Internet has emerged stronger from NSA scandal
Facebook founder Mark Zuckerberg has claimed that the Internet is in better health than before the NSA spying scandal erupted. Speaking to an audience at the Mobile World Congress in Barcelona, which…
Facebook’s WhatsApp Deal: Is Google being left behind?
Rakuten’s $900 million acquisition of Viber last week was the starting pistol, and Facebook’s $19 billion punt on WhatsApp was a signal cannon. Over-the-top messaging platforms have become the latest must-haves for…
How will Facebook’s $19bn WhatsApp deal affect the mobile messaging market?
Facebook’s $19 billion deal to buy mobile messaging company WhatsApp raised more than eyebrows. Valuations in the mobile messaging market have increased, and a bright spotlight has been shone upon the companies…
Facebook to buy WhatsApp for $19 billion
Facebook has agreed to buy mobile messaging app WhatsApp for $19 billion, the two companies have announced. The social media giant will pay $4 billion in cash and approximately $12 billion in…
European social media success thwarted by U.S. giants
The Americans are coming, and Europe’s social media platforms are losing ground. But many local brands are still doing fine business connecting the continent’s consumers. In the past few years several high-profile…
LinkedIn scares investors with weak forecast
LinkedIn’s fourth quarter report revealed a healthy three months for the professional social media network, but a weaker outlook caused investors to worry. The company also announced its largest acquisition yet. LinkedIn’s…
Twitter shares nosedive as growth of new users slows
Twitter shares plummeted in after-market trading after data revealed the social media website is attracting fewer new users than investors had hoped. The company beat analyst estimates in its fourth quarter earnings…
Facebook reports mobile revenue surge as shares soar
Facebook’s sales and profits for the fourth quarter of 2013 beat Wall Street’s expectations, sending the social network’s shares soaring in after-hours trading on Wednesday. The company’s profits hit $523 million for…
Pinterest Raises Huge Round……Again
America’s prettiest social media platform just raised a massive Series E to develop, monetize and globalize its service. Pinterest, the e-community built on image-sharing and “pinning,” today confirms a $225 million funding…