Social Media

Social media are interactive computer-mediated technologies that facilitate the creation and sharing of information, ideas, career interests and other forms of expression via virtual communities and networks.

Reddit Valuation Hits $6 Billion With New Funding

Reddit Valuation Hits $6 Billion With New Funding
Reddit Valuation Hits $6 Billion With New Funding
February 09, 2021  |  Investments

Story- and conversation-hosting website Reddit‘s valuation has surged to $6 billion with a $250 million investment the company announced on Monday (Feb. 8). “We decided...

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Twitter Explores Subscription Offering To Monetize Some Features
Twitter Explores Subscription Offering To Monetize Some Features
February 08, 2021  |  Social Commerce

Amid COVID-19 and pressure from activist investors to speed up expansion, Twitter Inc. is reportedly developing a subscription product to lessen its reliance on advertising,...

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Paris Hilton And iHeartMedia Debut Podcast And Social Commerce Platform
Paris Hilton And iHeartMedia Debut Podcast And Social Commerce Platform
February 07, 2021  |  Social Commerce

The original Hollywood influencer and the world’s largest podcast publisher have teamed up to introduce the fast-growing world of audio to quick, social media-style morsels...

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Pinterest, Snap, Twitter Compete To Monetize Social Media
Pinterest, Snap, Twitter Compete To Monetize Social Media
February 05, 2021  |  Social Commerce

Lockdowns create fairly optimal conditions for social media platforms from a user engagement point of view, as consumers who can’t go out to see their...

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ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
February 02, 2021  |  ANTITRUST

ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on...

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Facebook Advertising Revenue Surges Amid Instagram eCommerce Tab Rollout
Facebook Advertising Revenue Surges Amid Instagram eCommerce Tab Rollout
January 27, 2021  |  Earnings

Facebook, Inc. reported on Wednesday (Jan. 27) as part of its Q4 and full year 2020 earnings that total revenue surged 33 percent year-over-year for...

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Listen Up: Clubhouse Takes Social Media Into The Audio Zone
Listen Up: Clubhouse Takes Social Media Into The Audio Zone
January 26, 2021  |  Social Commerce

Wait … there’s a new social media app where people actually talk — and listen to each other? Get the Full Story Complete the form...

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NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
January 14, 2021  |  Banking

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and...

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