Post Tagged with: "Facebook"

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

Facebook to Launch News App ‘Paper’
/ January 31, 2014 5:25 pm
Facebook to Launch News App ‘Paper’

VentureBeat reports that Facebook will soon launch a new stand-alone mobile news application called “Paper” that will feature a new look with content creation tools. Read More

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

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