Social

 

How technology is shaping the way we live with each other

  • Favr.tt Brings On CEO To Raise Funding For Its Social Shopping App

    Favr.tt Brings On CEO To Raise Funding For Its Social Shopping App

    Back in 2012 London and New York based Shopa launched as a “social marketplace” where users were rewarded for promoting products they like. The company raised $1.4M from Notion Capital and Octopus. Another in the arena is Shopcade, which has raised $4M, or Nuji which raised $2m . There’s something about these social shopping startups that European investors like –… Read More

  • On The Importance Of Forgetting

    On The Importance Of Forgetting

    The ongoing debate about Europe’s so-called ‘right to be forgotten’ ruling on search engines has shone a light onto a key pressure point between technology and society. Simply put the ability of digital technology to remember clashes with the human societal need to forgive and forget. Read More

  • The Near-Death And Resurrection Of Teen Social Network Let

    The Near-Death And Resurrection Of Teen Social Network Let

    When I met Pascal Lorne earlier this week, I expected to get an extended pitch for his social networking startup Let. And sure, he ran me through Let’s features and pointed to its early signs of success, but he also detailed the bumpy road that he took to get to this point. Lorne sold his last company, Miyowa, for $59 million two years ago. Afterwards, he said he made a mistake… Read More

  • Women Use Pinterest, But They Don’t Run It

    Women Use Pinterest, But They Don’t Run It

    Only 40 percent of Pinterest employees are women, even though the majority of the company’s users are female, according to a report released by Pinterest Thursday. Pinterest’s ratio appears better than other tech companies that have released similar reports — only about 30 percent of employees at Facebook, Google and Twitter are female. But considering Pinterest’s users… Read More

  • Facebook Is Now Worth $190 Billion

    Facebook Is Now Worth $190 Billion

    Facebook is worth more than Amazon. Following yesterday’s earnings report, Facebook shares hit an all-time high in after-hours trading at $75. Price has been very stable this morning as well, confirming yesterday’s pop. Shares opened at $75.96 a share, then set a new record at $76.74. Now, shares are trading at $75.13. In other words, Facebook’s market capitalization is… Read More

  • Appealing To Women, Social Fitness App PumpUp Raises $2.4M Led by General Catalyst

    Appealing To Women, Social Fitness App PumpUp Raises $2.4M Led by General Catalyst

    You would think that combining a health and fitness app with social networking features had kinda been done for a while. Strava has a sort of network where I can follow my friends’ runs. And other apps have similar features. But it would seem there’s a qualitative difference to some fitness platforms some of us have missed that some investors are still interested in exploring. Read More

  • Vingle Lets You Mingle With People Who Share Your Interests

    Vingle Lets You Mingle With People Who Share Your Interests

    Vingle is a fun, community-oriented site from two of the three founders of Viki, the crowdsourced subtitling platform that was acquired by Rakuten for a reported $200 million last year. Changseong Ho and Jiwon Moon saw how devoted fans on Viki were to translating and subtitling the dialogue in their favorite movies and TV series, and wanted to create a network were people could participate… Read More

  • Facebook Share Price Hits All-Time High Of $75 After Hours Thanks To Strong Q2 Numbers

    Facebook Share Price Hits All-Time High Of $75 After Hours Thanks To Strong Q2 Numbers

    Facebook’s stock infamously took a nosedive in the months following its public debut in 2012 after analysts wondered if the social network was too overhyped in its IPO and employee share lockups expired. But those days now seem a distant memory. On the back of a strong Q2 report, Facebook stock is at an all-time high in after-hours trading. It’s been creeping up for the last hour… Read More

  • Facebook Beats In Q2 With $2.91 Billion In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Users

    Facebook Beats In Q2 With $2.91 Billion In Revenue, 62% Of Ad Revenue From Mobile, 1.32B Users

    Facebook’s earnings beat projections for the 8th quarter straight with $2.91B in revenue and $0.42EPS in Q2 2014. The service is growing about twice as fast on mobile compared to its services as a whole. Facebook now has 1.07 billion mobile monthly users, and 654 million daily mobile users. That helped it bring in 62% of its ad revenue from mobile. In total, Facebook now has 1.32… Read More

  • Foursquare Teases Its Redesigned Recommendation App, New Logo

    Foursquare Teases Its Redesigned Recommendation App, New Logo

    After making the interesting decision to split its business and user experience in half, foursquare has today shown off the new version of foursquare proper for the first time. The new foursquare ditches the old logo and the old color scheme and the old way of using foursquare. This new app is centered around personalization and recommendations. That said, you won’t find much green in… Read More