Post Tagged with: "Facebook"

Tech Giants Urge World Leaders to Reform Government Surveillance
/ December 9, 2013 2:07 pm
Tech Giants Urge World Leaders to Reform Government Surveillance

Eight of the largest technology giants are calling for the world's governments to reform their Internet surveillance practices, with the goal of limiting their authority to collect user data, implementing checks and balances and making the process transparent. In an open letter, published on the website below as well as in newspaper ads, AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter and Yahoo laid out five core "principles" in their effort, which they are labeling "Reform Government Surveillance.". Read More

Twitter to Debut on Mobile Phones Without Internet Access
/ December 6, 2013 2:54 pm
Twitter to Debut on Mobile Phones Without Internet Access

Reuters reports that Twitter has partnered with a Singapore-based startup to make its microblogging service available to users in the emerging market, whose cell phones are void of Internet connectivity. Chief Executive and Co-founder Sumesh Menon stated that in the first quarter of 2014, U2opia mobile will launch its Twitter service. . Read More

SnapChat Plans to Raise $55 Million at $2 Billion Valuation
/ December 6, 2013 2:47 pm
SnapChat Plans to Raise $55 Million at $2 Billion Valuation

VentureBeat reports that SnapChat is looking to raise an additional $55 million, after it raised $60 million in its recent Series B round of funding. This new round will push the company’s valuation to almost $2 billion. This year the messaging social app has raised $127 million in 3 rounds of funding. It also turned down a $3 billion buyout offer from Facebook. . Read More

Boston Globe: Facebook Opens New Office in Kendall Square
/ November 7, 2013 2:35 pm
Boston Globe: Facebook Opens New Office in Kendall Square

The Boston Globe reported on Thursday that Facebook is returning to the area by opening an engineering office in Kendall Square. Ryan Mack will lead the new office. "Nine years after Facebook got its start in a Harvard dorm room, the social network is back in Cambridge," the Globe reported. . Read More

$TWTR Opens Trading on NYSE
/ November 7, 2013 8:46 am
$TWTR Opens Trading on NYSE

Twitter’s stock opened trading as ticker symbol TWTR on the New York Stock Exchange (NYSE) on Thursday with shares priced at $45.10 by midmorning, up 73 percent from its initial price of $26, according to the New York Times. The initial share price of $26 gave the social media company a market value of $18.1 billion. . Read More

SnapChat Planning New Funding Round at $3.5 Billion Valuation
/ October 28, 2013 4:29 pm
SnapChat Planning New Funding Round at $3.5 Billion Valuation

AllThingsD reports that SnapChat is planning a new round of financing which values the company at $3.5 billion. A few months back the company raised $60 million in a Series B round of funding. Several Silicon Valley firms are expected to participate in the round, which will be in excess of one hundred million dollars. Previous funding was led by Institutional Venture Partners, along with the participation of General Catalyst Partners and SV Angel. . Read More

Google’s Share Price Crosses $1,000 Mark
/ October 21, 2013 4:42 pm
Google’s Share Price Crosses $1,000 Mark

Reuters reports that Google Inc. shares crossed the $1,000 mark on Friday. The spike in the share price was due to investors betting heavily on the company’s mobile and video advertising business. Although the company is facing heavy competition from online platforms like Facebook and Yahoo, it has managed to catch the attention of the investors. . Read More

Get Adobe Flash player