News

 LinkedIn reported fourth quarter earnings after the bell Thursday. While the company beat analyst estimates on both income and revenue, the stock quickly tumbled 27 percent in after-hours trading, due to a disappointing outlook and earnings guidance.
The job networking site said that revenue for first quarter of 2016 is expected to be $820 million and adjusted earnings per share will be 55 cents. Read More

 Tango’s new CEO isn’t wasting any time making changes to reverse the declining fortunes of the messaging app company. Co-founder Eric Setton, who made the jump from Tango CTO to CEO one month ago, announced this week that the company is splitting its service into two to rediscover the core chat experience that made it successful. Read More

 Remittance has always been a shady business. Migrant workers need to send money they earn home to their families, but get hit with fine print fees so less cash comes out the other side than they might assume. Remittance companies earn extra by keeping the margin between their own made up exchange rate and the real one.
Western Union is the best known remittance company, with 500,000… Read More

 Now Facebook has its own holiday it calls “Friends Day”. On February 4th, the social network turns 12 years old. But in typical self-less Zuckerberg fashion, Mark said “rather than having this birthday that focuses on us, we should make sure that the world focuses on what’s important”. Namely, its users. So today Facebook is sending everyone a Friends Day video… Read More

 We’ve seen startups helping brands tap influencers to promote themselves on social media platforms like Vine and Instagram, so it might be time for a new influencer marketing startup, Applause, that’s focused on live video — particularly Twitter’s Periscope app. It’s certainly a platform that CEO Jon Jacques is familiar with. In addition to working for a couple… Read More

 Instagram today announced that it began running its first 60-second video ads, starting with T-Mobile and Warner Brothers. Until now, the maximum length for video ads was 30 seconds, already longer than the 15-second videos users are allowed to post. Instagram tells me that “We recognize that advertisers have a variety of creative resources and want to bring more choice to help them… Read More

 Geofeedia, a startup that pulls real-time, location-based data from social media, has raised $17 million in Series B funding. Co-founder and CEO Phil Harris said the company “invented a new way of organizing social data” — most other analytics tools allow businesses to look at the data based on things like keywords and hashtags, while Geofeedia is focused on location. The… Read More

 Pinterest. Instagram. Tumblr. The future of the web is visual, but how does anyone make money on that? By understanding what’s in the images people post and connecting them to where you can buy what you see. That’s Curalate’s job. The image recognition marketing startup just raised $27.5 million led by NEA, bringing it to $40 million in total funding. Read More

 Well, we sort of expected this one to happen.
After its core Internet business has continued to flounder, Yahoo says it is now exploring “strategic alternatives,” which could imply a number of things — including selling off its core business to another company, as was previously reported.
“The Board also believes that exploring additional strategic alternatives, in… Read More

 Twitter announced two updates today that should make it easier to use for logged-out users — a group of people the company has generally not taken as seriously as it should. First of all, Twitter is now rolling out its updated homepage, which makes it easier for logged-out users to drill into interesting messages, pictures and videos on the platform without having to sign up for it, to… Read More