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BUSINESS
April 16, 2012 | By Jessica Guynn
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.
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BUSINESS
April 11, 2012 | By Jessica Guynn
SAN FRANCISCO -- Facebook is buying the youth vote. Instagram isn't your mother's or your grandmother's mobile app. Its users trend far younger than Facebook's, according to a study from Experian Hitwise. More than half of the visitors to Instagram's website are under the age of 35, said Heather Dougherty, Hitwise's research director. Facebook's website draws a more mainstream audience (read here: gray hair). In fact, over the last four weeks, most Instagram users were between the ages of 18 and 34, whereas Facebook drew users between 25 and 34 as well as 55 and older.
BUSINESS
October 12, 2012 | By Jessica Guynn
California Atty. Gen. Kamala Harris put United Airlines on notice Friday via Twitter. @KamalaHarris rebuked the airline for not displaying a privacy policy on its mobile app. “Fabulous app, @United Airlines, but where is your app's #privacy policy?” she wrote . She also linked to California's Online Privacy Protection Act , which requires commercial websites to conspicuously post a privacy policy if they collect personally identifiable information from Californians.
BUSINESS
August 28, 2012 | By Salvador Rodriguez
Twitter has stopped displaying the names of third-party services used to send tweets. This means you will no longer see that tweets on Twitter's website and mobile app have been sent from services such as Tweet-bot, Seesmic, HootSuite and others. Don't worry, you'll still be able to use those services to send tweets, but those third-party services will be hurting because Twitter has dramatically cut their visibility. The change is part of a continuing effort by Twitter to direct focus at its official platforms after long embracing third-party services.
BUSINESS
December 10, 2013 | By Salvador Rodriguez
If only Anthony Weiner had this feature two years ago. Twitter is now letting users send pictures to others through private messages sent on its platform. The San Francisco company announced the new feature Tuesday as it rolled out a major update for its mobile app. Although Twitter was made so that users could broadcast their messages to many at once, the social network has also included a private messaging tool for quite some time. But until now, the Direct Message feature was useless if a user wanted to send a photo.
BUSINESS
May 16, 2012 | By Salvador Rodriguez
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.
BUSINESS
November 6, 2012 | By Salvador Rodriguez
Uber, the San Francisco-based car service company, is using election day to get out the word on its mobile app. The mobile start-up is running a promotion today that offers free rides for first-time users to get to a polling location. The service can be used anywhere in the Los Angeles metropolitan area. Make plans for how you'll get back, though, as the offer can only be used for a one-way ride, not a round trip. If you want to ride back using Uber, it'll cost you a minimum of $15 in Los Angeles.
BUSINESS
December 7, 2012 | By Salvador Rodriguez, This post has been corrected. See below for details.
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.
BUSINESS
February 8, 2013 | By Andrea Chang
Booking appointments is one of life's pesky hassles. Your favorite restaurant never seems to pick up the phone and doesn't use OpenTable, your massage therapist prefers calls but your hair stylist prefers texts, your yoga studio uses its own online scheduler. By the time you finally get through to someone, the appointment time you want isn't even available. Start-up MyTime , which officially launched Thursday in Los Angeles only, is eliminating those various channels by consolidating appointments onto one site.
BUSINESS
February 26, 2013 | By Salvador Rodriguez
Apple has agreed to hand out more than $100 million in iTunes store credits to settle a lawsuit alleging that its iPhone and iPad apps allowed children to make purchases without their parent's knowledge or consent. The lawsuit, which was filed by five parents two years ago, alleged that Apple did not create parental controls to keep children from buying extra features sold within a video games app. The parents who filed the lawsuit said they didn't realize their children were charging their accounts until they were billed.
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