Facebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue

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Screen Shot 2016-04-27 at 1.13.46 PM Facebook continued its winning streak as other tech companies floundered, reaching 1.65 billion monthly users and surpassing estimates in its Q1 2016 earnings report with $5.38 billion in revenue and $0.77 earnings per share. Facebook’s share price climbed over 8% in the moments after earnings were announced, reaching over $117 in after-hours trading. Revenue was up 52% year over year,… Read More

Oops! Tinder’s new friend-finding feature, Tinder Social, is outing which of your friends use the app

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tinderfeature Tinder announced this morning it’s testing a new friend-finding feature called “Tinder Social” in its popular dating app. The idea is to offer a way for you and your group of friends to find and connect with other groups out in the real world. Similar to how Tinder works for finding prospective dates, Tinder Social lets friends swipe and match with other groups they want… Read More

Wattpad sets its sights on brands, publishers and Hollywood with Wattpad Studios

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wattpad_ipad Wattpad, a popular site where authors can share stories with readers, is announcing its broader ambitions with the launch of a new division called Wattpad Studios. The company describes Studios as a way for Wattpad to partner with the entertainment industry, and it said the new division will operate like the multi-channel networks that work with online video creators. Wattpad Studios builds… Read More

What to expect for Twitter’s first-quarter results

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Jack Dorsey Last quarter, Twitter’s user base (excluding SMS fast-followers) actually shrank — and this was a huge moment for the company. While there were whispers of peak Twitter circling for some time now, that looming theory was finally confirmed in the company’s fourth-quarter results. Twitter had gone from 307 million users to 305 million. Twitter, at one point a rocket-ship,… Read More

Twitter integrates with Yelp for location tags in the UK and Japan, bypassing Foursquare

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yelp twitter A year ago, Twitter ramped up its game in location services when it announced an integration with Foursquare to provide venue suggestions when you wanted to tag where you were tweeting. Interestingly, that deal appears to have applied only to the U.S., and now that Twitter’s expanding the service, it has partnered with one of Foursquare’s big competitors, Yelp, to power it. Read More

Swarm now lets users check-in without sharing their location

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header-image-800-Offthegrid Swarm, the gamified check-in app from Foursquare, has today launched a new feature that will let users check in to locations without sharing that location with their group of friends. The company is calling these private check-ins ‘off-the-grid check-ins’ and users will be able to activate them through a toggle in the check-in portion of the app. Foursquare originally launched Swarm… Read More