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  • Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform

    Facebook Is Shutting Down Gifts To Focus On Its Buy Button And Commerce Platform

    Facebook wants to help other businesses sell things, so it’s done selling its own. Facebook Gifts will shut down on August 12th and stop selling gift cards for businesses like Starbucks and iTunes. Facebook tells me no layoffs will occur, and most of the team has already been reassigned to other commerce initiatives it’s concentrating on. Those include the Buy button for making… Read More

  • Instagram Launches One-Touch Photo And Video Messaging App Bolt Outside The US

    Instagram Launches One-Touch Photo And Video Messaging App Bolt Outside The US

    Instagram is taking on Snapchat by turning your best friends’ faces into the shutter button with today’s official release of its first standalone app Bolt, but only Singapore, South Africa, and New Zealand will get this initial phase of the iOS and Android rollout. Designed for lightning-fast, ephemeral one-to-one video and photo messaging, Bolt was accidentally outed in promo… Read More

  • Facebook Forces Users Worldwide To Download Messenger For Mobile Chat

    Facebook Forces Users Worldwide To Download Messenger For Mobile Chat

    Over the next few days, Facebook will stop allowing messaging in its main iPhone and Android apps, and force all their users around the world to download its standalone Messenger app. Facebook first started requiring users in Europe to use Messenger back in April, but after seeing “positive results” in terms of engagement, its rolling out the plan to the everyone. Facebook tells… Read More

  • Rising Share Prices Could Ignite A New Tech Acquisition Spree

    Rising Share Prices Could Ignite A New Tech Acquisition Spree

    In early 2014, a number of high-profile acquisitions were locked in at prices that many found confusing. The good times are probably coming back. Companies that compete across numerous technology strata like Google, Apple, Microsoft, and Facebook are trading near record highs — or at least, the highest prices they’ve seen in a decade. Those same companies are all incredibly cash-rich. Read More

  • Instagram’s Forthcoming Photo Messaging App Bolt Could Face Legal Trouble

    Instagram’s Forthcoming Photo Messaging App Bolt Could Face Legal Trouble

    The developer behind the mobile voice app Bolt is none too pleased with Instagram’s decision to launch what appears to be a new mobile messaging app by the same name. Bolt, a new app from Instagram, is expected out this week, we’re hearing. Meanwhile, the original Bolt’s founder, Andrew Benton, has published a blog post imploring Instagram to reconsider its name choice to avoid… 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

  • 11 TechCrunch Stories You Don’t Want to Miss This Week (7/25)

    11 TechCrunch Stories You Don’t Want to Miss This Week (7/25)

    It was earnings week at TechCrunch, so most of the coverage was dominated by reports about Facebook, Apple, Microsoft, Amazon, Netflix, and Pandora. Fortunately there were a ton of other great stories from our writers. Here are the top stories from 7/19 to 7/25 on TechCrunch. No one thought Facebook’s earnings would be this good. They set revenue per user records around the world, and… Read More

  • How Informed Consent Has Failed

    How Informed Consent Has Failed

    “That is like saying a ride on horseback is materially indistinguishable from a flight to the moon.” – Chief Justice Roberts in Riley v. California, dismissing the comparison of smartphones to physical items The quote above from Chief Justice Roberts in Riley v. California has implications far beyond the holding of that case. In rejecting the government’s… Read More

  • Instagram’s “Bolt” Leak Could Be A New Facebook App Or An App Install Ad Test

    Instagram’s “Bolt” Leak Could Be A New Facebook App Or An App Install Ad Test

    Some Instagram users are reporting having briefly seen a banner advertisement within the Instagram application which pointed to a new app called “Bolt,” described as a “one tap photo messaging” app. Next to the app’s name and description, a download button linked out to a non-functional URL on the Google Play store. The current speculation being shared around the… 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