April 11, 2012 |
The Daily Show with Jon Stewart Leave it to "The Daily Show"host Jon Stewart to express the collective shock over Facebook paying $1 billion for Instagram. “What is Instagram?” Stewart asked. When told it's a mobile app that makes your photos look like they were taken with a Polaroid, he's even more baffled at the blockbuster price tag. “A billion dollars of money? For a thing that kind of ruins your pictures?” he exclaims. “The only Instagram worth a billion dollars would be an app that instantly gets you a gram.” Stewart turns to his senior youth correspondent Jessica Williams to explain yet another technology story that makes absolutely no sense to him. “How in god's name is that worth a billion dollars?
May 16, 2012 |
In another move to beef up its mobile offering, Facebook has hired the entire staff of Lightbox, a tiny start-up known for its popular photo sharing app for Android smartphones. The hiring of the seven-person team at Lightbox comes as the social network nears what is expected to be the largest ever Internet initial public offering. Investors have been weighing the value of Facebook and have questioned how well it will be able to generate ad revenue from mobile devices. Facebook made more than $3 billion off of ads seen on its laptop and desktop website in 2011 but has not yet figured out how to monetize its 500 million mobile app users.
March 7, 2013 |
Facebook revealed its redesigned News Feed and said the new feature will begin rolling out to users Thursday. The redesign emphasizes visual content and will be more in tune with the news feed of the Facebook mobile app. Facebook also said users can use a new switch at the top right of the screen to toggle among different types of feeds to see different types of content. Among the feeds users will be able to switch among include close friends, games, all friends feed, most recent feed, music feed and following feed.
December 13, 2011 |
Travel guide publisher Lonely Planet has a little holiday present for you. The New York City mobile app usually costs $5.99, but you can download it free through Thursday. Save it on your iPhone and iPad for your next trip to the Big Apple, and tell your friends. It's like regifting, without have to re-wrap anything. The deal: Start by going to the iTunes store and downloading the free mobile app labeled "Lonely Planet Travel Guides, Phrasebooks and Maps. " Select the New York City guide and download.
March 12, 2014 |
Starbucks customers using the company's iPhone app will be able to show some love to their baristas by tipping them through their smartphones starting March 19. The Seattle coffee giant enhanced its mobile app for Apple's iOS system to allow digital tipping at more than 7,000 company-owned stores in the U.S. Customers will be able to tip 50 cents, $1 or a maximum of $2. The company said the service was the upgrade most suggested by its customers...
February 4, 2013 |
Facebook is working on a new mobile app that could track a user's location even when the phone isn't being used. The app would allow users to find each other using the GPS capabilities of their devices, a Bloomberg Businessweek reported Monday. Unlike Facebook 's current mobile app, which allows users to let others know where they are by "checking in" at a restaurant or a landmark, the new app would continuously track the user once the app is activated.
April 16, 2012 |
Social networking mobile app maker Path said Monday that it raised about $30 million from venture capital firms such as Greylock Partners and Redpoint Ventures and individual investors such as Virgin Group's Richard Branson and DST Global's Yuri Milner. The investment values the San Francisco company at $250 million. Path, which had previously raised $11.2 million, is the brainchild of former senior Facebook executive Dave Morin and Napster co-founder Shawn Fanning. It's riding the new wave of tech companies that are building for mobile, not the Web. Path has been compared to Instagram, which Facebook said last week it would buy for $1 billion.
October 12, 2012 |
December 7, 2012 |
Social networks continued their domination of our lives in 2012 with U.S. users logging more than 121 billion minutes across numerous social networks in just July of this year. Put another way, that's more than 2 billion hours of viewing vacation photos and reading about a friend's new puppy. That's up 36% from 88.4 billion minutes spent on social media in July 2011, according to Nielsen's recently released 2012 social media report. Facebook alone accounts for a major portion of that time.
May 16, 2012 |
Mobile start-up Lightbox announced it would be joining Facebook and discontinuing its Android photo sharing app next month. The start-up's team of seven staffers, as reported by several outlets, will join Facebook just days before the social networking giant's IPO. The company made the announcement on its blog Tuesday. "Today, we're happy to announce that the Lightbox team is joining Facebook, where we'll have the opportunity to build amazing products for Facebook's 500+ million mobile users," the mobile app's founders, Thai Tran and Nilesh Patel, wrote in the post.