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BUSINESS
February 25, 2014 | By Jessica Guynn
SAN FRANCISCO - Less than two years ago, disillusioned investors were fleeing Facebook Inc. stock, worried the company would never figure out how to make the leap to mobile devices from personal computers, let alone make money on them. Now, more than half of the giant social network's advertising revenue is coming from ads for its 1.2 billion users on smartphones and tablets. And it's buying WhatsApp after outbidding rival Google Inc. for the most popular mobile app for sending messages on smartphones.
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BUSINESS
February 24, 2014 | By Salvador Rodriguez
Samsung kicked off the Mobile World Congress conference in Barcelona this weekend by announcing the Gear 2 and Gear 2 Neo smartwatches. The two devices are similar to the original Galaxy Gear, which was released just six months ago, but Samsung has made a few key changes, some of which may entice more users to purchase one of the two smartwatches. 1. Heart-rate sensor Not many users have wearable devices, but those who do tend to use their gadgets for fitness tracking.
BUSINESS
February 24, 2014 | By Salvador Rodriguez
Samsung and Sony dove deeper into the world of wearable technology this week by announcing new fitness tracking bands. The two Asian tech companies have been selling smartwatches for some time, but their entrance into the fitness tracking market could threaten FitBit and JawBone, two companies that have had success selling bands to users interested in measuring how active they are. Alongside the unveiling of the Galaxy S5 on Monday, Samsung...
BUSINESS
February 21, 2014 | By Jessica Guynn
SAN FRANCISCO - The $19 billion that Facebook Inc. is paying for a smartphone app, one of the biggest tech deals of all time, made jaws drop even in Silicon Valley, where entrepreneurs tend to have an inflated sense of their own worth. "It's 19 Instagrams," observed serial start-up entrepreneur Adam Rifkin, referring to the $1 billion Facebook paid for the popular photo-sharing app in 2012. But analysts say the purchase of WhatsApp could pay off for Facebook as it takes on Google Inc. and other technology giants in the escalating arms race to be the next big thing in mobile.
BUSINESS
February 21, 2014 | By Jessica Guynn
SAN FRANCISCO -- LinkedIn has added a new privacy control feature that lets you block other users from accessing your profile on the professional networking service. The Mountain View, Calif., company said it created the tool that lets you block spammers and stalkers because “it was the right thing to do.” LinkedIn said the blocking feature was requested by users. In fact, the feature came after a Change.org petition signed by 9,200 people urged the company to put one in place.
BUSINESS
February 20, 2014 | By Salvador Rodriguez
Nearly a year ago Google launched a new version of Google Maps that eager users could voluntarily try. That version has now begun rolling out to all users. The Mountain View tech giant this week announced that over the coming weeks the "new Google Maps" will replace its predecessor as the default version of the service. The new Google Maps features a redesigned look that envelops the entire Web page, unlike the previous version which used about two-thirds of the screen for map imagery and the other third to display information.
BUSINESS
February 19, 2014 | By Jessica Guynn
SAN FRANCISCO -- Facebook has agreed to buy popular mobile messaging company WhatsApp for about $16 billion in cash and stock, the giant social network said Wednesday. WhatsApp's current owners would get $4 billion in cash and about $12 billion in Facebook shares. In addition, $3 billion in restricted stock units would be granted to WhatsApp's founders and employees. The stock units would vest over four years after the deal closes. If it goes through, the blockbuster deal would hand Facebook a mobile messaging service that is especially popular with young people.  More than 450 million people use the service each month.
BUSINESS
February 19, 2014 | By Jessica Guynn
SAN FRANCISCO -- LinkedIn is rolling out its latest effort to get you to spend more time on the professional networking service. This time, it's giving you a shot at wielding your influence alongside Barack Obama and Bill Gates. Starting Wednesday, LinkedIn is letting anyone express opinions, musings and insights using a new publishing tool on its website. These essays are first distributed to just that person's contacts. But if they resonate with those folks, the essays can reach a broader audience on LinkedIn.
BUSINESS
February 19, 2014 | By Jessica Guynn
SAN FRANCISCO -- Facebook made WhatsApp the kind of offer it couldn't possibly refuse: $19 billion plus a pledge to pay out $2 billion if the deal doesn't go through. But some users of the popular mobile messaging app say the acquisition is a raw deal for them. And they have gathered on Twitter to say they plan to delete the WhatsApp app. Many of them are complaining about Facebook's privacy incursions. But the main objection seems to be all the ads on Facebook -- and how Facebook exploits what you share with your friends to pitch stuff to you and them.
BUSINESS
February 13, 2014 | By Salvador Rodriguez
U.S. snowboarder Jamie Anderson said she and her fellow Olympic athletes in Sochi are big fans of Tinder, the mobile dating app that helps mutually attracted users connect with one another. Speaking with Us Weekly , Anderson said Tinder "is on the next level" in Sochi. "It's all athletes!" she said. "In the mountain village it's all athletes. It's hilarious. There are some cuties on there. " PHOTOS: 10 ways to use the sharing economy Los Angeles-based Tinder became popular last year for allowing users to quickly begin conversations with others they find attractive.
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