With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing overtures to the U.S., and is considering an investment in social media firm Snapchat. Snapchat is growing fast. Though...
Reports of Twitter’s death last quarter—when a slow down in the monthly acquisition of new users slowed some, prompted many Twitter watchers to declare the beginning of the end—may have been somewhat exaggerated. This morning, Twitter is riding high with elevated stock prices after the...
Facebook on Tuesday (July 29) confirmed that it has killed the last remnants of its direct E-Commerce operation, with plans to fully shutter its Gifts shop on Aug. 12. Facebook launched Gifts back in 2012, initially selling physical goods and later only selling gift cards...
Facebook has announced that soon downloading its new Messenger App will eventually be the only way to chat on Facebook via mobile. By the end of the week, messaging will no longer be available in the company’s iOS and Android apps, which means users who...
Facebook’s Mark Zuckerberg spoke with Uber CEO Travis Kalanick on possibly integrating the Facebook Messenger app with the car-hailing service, according to Re/code. The deal, if executed, could be Facebook’s way of heading in the direction of an e-commerce platform – modeled similarly after WeChat...
Snapchat recently applied for trademarks for payment systems, according to TechCrunch, but plans are unclear about how it intends to use them. If they enable mobile payments, will it “mean that sending one of your friends a fistful of digital cash will give them a...
Things are reportedly tough at online ticket marketplace StubHub these days; the company is reporting a stiff round of layoffs after missing its parent company’s earning expectations. StubHub has not directly commented on how many employees were let go during, but according to TechCrunch, rumor has it...
In a sure sign that Facebook is looking to bring commerce into Facebook, the social network has partnered with PayPal to extend payment enablement (acceptance + processing) to any Facebook mobile app that is accepted into its FbStart program. FbStart is a program that provides...
Wish uses algorithms and machine-learning tech to learn a user’s taste in order to show them products that they like (or might like) in a detailed, pleasing-to-the-eye format. The site’s commerce-centric Pinterest model has drawn attention from the Founders Fund Formation 8, GGV Capital, Yahoo...
