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Snapchat heads for IPO that could value ‘mega unicorn’ at $25bn Snapchat – The flotation of the five-year-old app, now used by more than 40% of young Americans, will be the largest social media IPO since Twitter in 2013 Snapchat is preparing for a mega unicorn flotation on the stock market that could value the … Read more
Facebook powers money Facebook powers money – From Macedonia to the San Francisco Bay, clickbait political sites are cashing in on Trumpmania and theyre getting a big boost from Facebook Donald Trump may be struggling to capture a majority of voters in the heartland of America, but there is one eastern European precinct he would … Read more
Facebook v Adblock Facebook v Adblock – Facebook thought it had thwarted ad-blockers on its network. Facebook was wrong Two days ago, Facebook announced it had implemented changes to its site that would thwart ad blockers. Users who wanted to enjoy the worlds largest social network would continue to pay by seeing ads keyed to … Read more
San Francisco judge dismisses suit accusing Twitter of supporting Isis The family of two men shot and killed in Jordan claimed Twitter contributed to their deaths by allowing Isis to sign up for and use Twitter accounts A federal judge in San Francisco has dismissed a lawsuit accusing Twitter of supporting the Islamic State group. … Read more
Twitter pegging revenue hopes on $10bn live video market Shares plunge 10% as revenue falls short of analysts estimates amid modest gain of 3 million users Twitter is battling for a share of the internets booming video advertising budgets, its executives said on Friday, as the company reported its slowest growth in quarterly revenue since … Read more