Post Tagged with: "Facebook"

Instagram Sees Huge Increase in Active Users
/ January 30, 2014 4:59 pm
Instagram Sees Huge Increase in Active Users

VentureBeat reports that the number of Instagram users has doubled since the beginning of this year. Currently, there are more than 200 million active Instagram accounts. In September 2011, the photo sharing application had about 100 million users. . Read More

Google Purchases DeepMind for More than $500 Million
/ January 27, 2014 5:41 pm
Google Purchases DeepMind for More than $500 Million

TechCrunch reports that Google has acquired startup DeepMind – a secretive artificial intelligence company – for more than $500 million. This move is expected to help Google compete with other major tech companies focusing on deep learning initiatives. Until last year, social networking site Facebook was also in the race to acquire DeepMind. . Read More

Fon Grabs $14 Million to Boost Sharing of Wi-Fi
/ January 21, 2014 5:22 pm
Fon Grabs $14 Million to Boost Sharing of Wi-Fi

VentureBeat reports that Fon has raised $14 million in its recent round of funding from Qualcomm Ventures. Fon is a global WiFi network that provides free access to millions of people at Fon hotspots worldwide. . Read More

Zynga to Shut Down YoVille
/ January 13, 2014 4:21 pm
Zynga to Shut Down YoVille

VentureBeat reports that Zynga has decided to discontinue one of its oldest games, YoVille, by the end of March, sparking discontent from players of the once popular game. YoVille is a game set in a town-like community that was developed to a point where millions of individuals were playing it, giving rise to a whole sequence of “Ville” games, light-hearted replication game like FarmVille. . Read More

Facebook to Phase Out “Sponsored Stories” Ads
/ January 10, 2014 5:26 pm
Facebook to Phase Out “Sponsored Stories” Ads

Following complaints from privacy groups, Menlo Park-based Facebook will phase out its controversial "Sponsored Stories" ads beginning in April, the blog AllFacebook reported. The social networking giant in 2011 launched the ads, which tell users which of their "friends" have "liked" a particular company or check into a restaurant. Privacy advocates balked at the concept, filing a class-action suit that eventually led to a $20 million settlement with the company last August. Read More

Radius Raises $13 Million
/ January 10, 2014 1:52 pm
Radius Raises $13 Million

VentureBeat reports that Radius has raised $13 million in its recent round of funding. The funding round was led by Formation8 Partners along with other investors including BlueRun Ventures and Radius chief executive, Darian Shirazi. Read More

Twitter Co-Founder Biz Stone Launches Q&A App Jelly
/ January 8, 2014 5:02 pm
Twitter Co-Founder Biz Stone Launches Q&A App Jelly

Mashable reports that Twitter co-founder Biz Stone has launched a question and answer style social networking app called Jelly, which is free on iOS and Android smartphones. The application will ask users to submit questions with a photo captured from their phone's camera. . Read More

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