Facebook and Microsoft see a combine £37.1bn ($53bn) added to their stock valuation, as £51.5 bn ($73 bn) wiped out off the joint valuation of Apple and Amazon. Large valuation swings in tech is because of investors wanting to move their money out of maturing technology markets and into newer ones with better potential…
Fourth-quarter profits for Facebook, who now has 1.39 million active users each month, a 13 per cent increase, amounts to £ 462 m ($701m), a 34% increase on the same period last year. Advertising revenue grew by $3.59bn 53 per cent with 70 per cent coming from mobile advert sale. Total profits for the year…
Twitter network, which has over 300 million active members is down after technical fault at 8:00 GMT, and many web visitors are being greeted by an error page. Some mobile users are also unable to read or post tweets to the network. Tweeter chose to communicate the problem via a tweet, which simply said they…
India’s telecoms regulator has asked Reliance Communications, the mobile network that partnered with Facebook to put their Free Basics offer on hold. In India, the data fees are unbelievably expensive and the initiative aims to prevent this being a deterrent. Facebook’s efforts to provide the common man in India with free access to a limited…
Remya Ramachandran, from Thrissur, Kerala, India posted in Facebook an remarkable announcement that she is calling of her marriage due to intense demand for dowry from her groom’s family, which started soon after her engagement. Remya wrote “ To all those asking for the date of my wedding, the family that before the engagement had…
Facebook is bringing out a new feature on its social network that allows users to stream live video. Live streaming using mobile phones has become the new trend this year, with Meerakat and Twitter-owned Periscope growing in popularity. Amazon paid last year $1bn for Twitch, a live streaming game site. In its blogpost launching…
On 18 September 2014, Cuddlr was officially launched in the Apple App Store, as a free app. The tagline, for the App “Great things start with a hug”, the app touted itself as “a location-based social-meeting app just for cuddling”. According to the website: “It’s a way of finding people near you who are…
Facebook is testing a new tool designed to make relationship break-ups less painful for users of the social network. The optional feature will allow members to opt out of seeing pictures and posts made by their former spouse or lover on the website. It works simply by updating their relationship status on the facebook to…
Safecity uses Twitter, to tackle anti-social behaviour, reducing crime and helping foster stronger communities. Twitter the social media giant is helping vulnerable communities, even in emerging economies. Twitter is in a joint-venture with Safecity, a Mumbai-based non-profit organisation, to provide a live platform where personal stories can be shared and publicised about public harassment, anonymously.…
Mark Zuckerberg founder of Facebook has rousing welcome at a meeting in New Delhi from technology students, during his visit to India, where social networking is growing at lighting speed with potential 500 million Facebook users. Kicked out of China, where the internet is more closely monitoring than the West, Facebook sees India offering access…