Post Tagged with: "Facebook"

Magisto Announces Investment from Russian Internet Giant Mail.Ru Group
/ February 24, 2014 1:37 pm
Magisto Announces Investment from Russian Internet Giant Mail.Ru Group

Magisto, the cloud-based mobile video platform, today announced a $2 million investment from Mail.Ru Group, the Russian Internet pioneer and one of the world's largest Internet companies. In addition, Magisto has integrated its offering into Odnoklassniki, a wholly owned subsidiary of Mail.Ru Group and the second largest social network in Russia, reaching 33 million daily unique visitors. Read More

Facebook’s Acquisition of WhatsApp Unlikely to Face Regulatory Scrutiny
/ February 21, 2014 4:18 pm
Facebook’s Acquisition of WhatsApp Unlikely to Face Regulatory Scrutiny

Facebook's newly announced $19 billion acquisition of WhatsApp isn't likely to face much antitrust scrutiny in DC, Politico reported. The social networking giant earlier this week unveiled plans to acquire WhatsApp, the developer of a mobile messaging app that allows its approximately 450 million monthly users to exchange messages without having to pay for texting. Antitrust experts say the deal is unlikely to draw the ire of regulators since the service already has plenty of competition, led by traditional text messaging. Read More

Digital Entertainment World Wrap Report
/ February 21, 2014 8:46 am
Digital Entertainment World Wrap Report

Digital Entertainment World (DEW), the global event marketplace for executives focused on monetizing digital content, yesterday wrapped up its inaugural conference, which took place February 18-20, 2014, at the Hyatt Regency Century Plaza in Los Angeles. During the unique three-day event, DEW offered 100+ sessions featuring more than 350 notable speakers from leading companies that have a stake in the digital video, music, publishing and/or game industries. Read More

Facebook to Acquire WhatsApp
/ February 20, 2014 12:42 pm
Facebook to Acquire WhatsApp

In its SEC filing, Facebook announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. Read More

Marathon Patent Group Sues Five Tech Giants
/ February 14, 2014 2:35 pm
Marathon Patent Group Sues Five Tech Giants

Marathon Patent Group, an Alexandria-based patent licensing firm, said its subsidiary, Sampo IP, has filed patent infringement lawsuits against Facebook, Intuit, Amazon, LinkedIn and eBay. The suits, all filed in the U.S. District Court of Delaware, allege that the tech giants are infringing on patents related to communications systems and methods. The company did not indicate how much it is seeking in damages. Marathon currently owns 118 patents. Read More

Facebook Launches Chaatz
/ February 11, 2014 5:44 pm
Facebook Launches Chaatz

TechCrunch reports that Facebook team responsible for creating feature phones has launched Chaatz, a multi-platform mobile messaging application, focused on both evolving markets and developed markets. . Read More

Easy Social Shop Raises $1.1Million to Help Online Merchants
/ February 6, 2014 5:17 pm
Easy Social Shop Raises $1.1Million to Help Online Merchants

TechCrunch reports that Easy Social Shop has raised $1.1 million in its recent round of funding from lool Ventures. Easy Social Shop offers Facebook store optimization for small and medium scale businesses. Instead of listing the product catalog on Facebook, Easy Social Shop facilitates vendors to integrate their stores on Facebook and update listings. The transaction is then completed through the original e-commerce platform. . Read More

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