Instagram valued at $35bn – but how does that compare to Facebook, Twitter, Pinterest, LinkedIn and WhatsApp? December 19, 2014 Instagram exceeded Twitter in terms of daily users last month; now it looks like that has trickled through to its valuation. The photo-sharing app has been valued at $35bn by Citi analyst Mark May, nearly double the amount he previously estimated. Based on Twitter's current share price, it's worth just over $23bn. [...]
Real Madrid’s Ronaldo beats Barcelona’s Messi with $22.5m endorsements and $143,750 Facebook posts December 1, 2014 Cristiano Ronaldo and Lionel Messi have once again been pitted against each other in the running for this year’s Ballon d’Or, yet in marketing terms the battle has already been won by the Real Madrid man. Such is the size of Ronaldo’s global fanbase that his average Facebook post is valued at $143,500 (£99,525) according [...]
Ex-BP boss Lord John Browne gets a helping hand with Facebook from COO Sheryl Sandberg November 30, 2014 If you're going to get help with your new Facebook page, it doesn't get any better than having Sheryl Sandberg, the COO of the social network giving you a hand. That, of course, is unrealistic for most of us – but not Lord John Browne it seems. The former BP boss-turned-LGBT activist tweeted yesterday, [...]
Ex-MI6 chief says criticism of Facebook over Lee Rigby murder is unjustified November 26, 2014 Facebook has gained support from an unlikely source. Richard Barrett, the former global anti-terrorism director of MI6, has said that in his opinion it is unreasonable to expect Facebook to vet conversations for terrorist content and then report them. A report published this week said that an internet site, understood to be Facebook, had hosted [...]
Facebook responds to accusations it failed to inform police of plan to murder Lee Rigby November 25, 2014 Facebook has responded to accusations it hosted conversations planning the murder of Fusilier Lee Rigby. Although the site wasn't expressly named in the report, Facebooks is udnerstood to be the site involved. Michael Adebowale used Facebook to outline his plan to murder a soldier in a "graphic and emotive manner", according to the Intelligence and [...]
New digital bank picks Starling name: “It will look more like Facebook than a bank” November 18, 2014 A digital bank being set up by ex-AIB banker Anne Boden has picked the name Starling for its brand. Boden hopes to gain the first part of the licence in late spring 2015, before raising the roughly £100m of capital needed and getting a full licence at the end of next year. The bank will [...]
Facebook Groups: The new standalone app for iOS and Android November 18, 2014 The world’s biggest social media platform somehow just got a bit more social. Facebook Groups is a new standalone app designed for easy communication and collaboration between chums, colleagues and contacts. Available on iOS and Android, the app will help people “share faster and more easily with all the groups in their life”, [...]
Facebook Messenger adds 300m users since messaging removed from main app November 18, 2014 Over half a billion people use Facebook Messenger every month, the social media site revealed today. The mobile instant messaging app now has over 500m monthly users following the company’s decision to remove the messaging feature from the main Facebook app. Combined with its other instant messaging service, WhatsApp, Facebook now has around [...]
Snapchat moves into mobile banking with the launch of Snapcash: Will it rival Facebook, Twitter? November 18, 2014 Snapchat is taking the plunge into the mobile payments market, with the announcement of a new app that lets users transfer cash at the hit of a button. The photo messaging service, which lets users send photos vanish after a maximum of 10 seconds, unveiled Snapcash in a blog post yesterday: The product you’re [...]
With Facebook at Work on the cards, is online networking really useful? November 17, 2014 News broke yesterday that Facebook is set to develop a new version of its social network – for the workplace. “Facebook at Work” will enable users to connect with contacts and communicate with colleagues, rivalling sites like LinkedIn and Google Plus. A report by the FT said the site will look a lot like [...]