USA TODAY - Mar 8 - "Facebook is transformed from a public space to a behavioral laboratory," says social psychologist Ilka Gleibs, an assistant professor at the London School of Economics in London and the author of a study about social networks. Some of Facebook's research on user behavior found that 71% of people drafted at least one post that they never posted. Another analyzed 400K posts and found that children's communication with parents decreases in frequency from age 13 but then rises when they move out.
CNET NEWS - Mar 7 - Twitter paid $36M to acquire ~900 patents from IBM. IBM announced the agreement between the companies in January. Last year, IBM was banging the drums of possible patent-infringement against Twitter, saying that the company's service might have violated three patents it owned related to advertising, "resource locators," and discovery of contacts. Rather than take the case to court, Twitter bought the patents from IBM and entered into a cross-licensing deal.
CNET NEWS - Mar 7 - Omnicon Group, a top-tier advertising and marketing agency, has signed a one-year contract with Instagram. The partnership marks the first agency deal for Instagram. Omnicom would spend ~$100M on Instagram ads for its clients.
QZ.COM - Mar 7 - The average cost to advertise on Twitter dropped 18% in the last quarter. Total revenue still grew as more advertisers bought more ads. Twitter says that rates have been falling because the supply of available space to advertise on Twitter is increasing.
BBC.COM - Mar 7 - Opponents want US regulators to stop the deal until Facebook provides more information on what it plans to do with the personal data of WhatsApp's users. Facebook said it will operate as a separate company and honour existing privacy arrangements, which include not collecting user data for advertising. The FTC will decide whether the acquisition can go ahead and, if so, whether or not conditions should be imposed.
by Kevin Rawlinson
See full article at BBC.com
RADIO.CZ - Mar 5 - Socialbakers.com is a Czech company that is selling monitoring tools and analyses that can tell companies which brands or campaigns are hitting or missing the mark or where they are running into trouble. They are monitoring all major social media sites, mostly Facebook, Twitter, YouTube, GooglePlus, including VKontakte.ru. Their customer base is global and include brands such as Nestlé, Henkel, Audi and Adidas.
This post also appears on OnlinePersonalsWatch.
REUTERS - Mar 5 - Yahoo will stop letting consumers access its various online services, including Fantasy Sports and photo-sharing site Flickr, by signing-in with their Facebook or Google credentials. The change will require users to register for a Yahoo ID in order to use any of the Internet portal's services.
by Alexei Oreskovic
See full article at Reuters
INDEPENDENT.CO.UK - Mar 3 - The news that Facebook bought WhatsApp for £11B drove a lot of new attention to the mobile messaging app, but when its service went down for hours this weekend Telegram Messenger reported ~5M new sign-ups in a single day. The app was built and funded by Paul Durov, founder of Russia’s largest social network VKontakte.
TECH CRUNCH - Mar 3 - Wickr, an app that lets users send encrypted and self-destructing messages, has raised $9M. Wickr will use the funds to grow its standalone product and also to build out its business model. With the main app free and dedicated to remaining so, that business model will be based on licensing its encryption and self-destructing technologies to other messaging apps.
TECH CRUNCH - Mar 3 - Facebook is one of the primary backers of the Internet.org initiative, which aims to bring affordable Internet access to the 5B people in the world who still lack connectivity. Facebook wants to buy Titan Aerospace, makers of near-orbital, solar-powered drones which can fly for five years without needing to land. The price for this acquisition is $60M. Facebook is interested in using these high-flying drones to blanket parts of the world without Internet access, beginning with Africa.
MASHABLE - Mar 3 - Jan Koum and Brian Acton, the cofounders of WhatsApp, made Forbes' annual billionaires' list after FB offered $19B to buy the company. The deal will give Koum a fortune of $6.8B, according to Forbes. Acton will be worth ~$3B.
PRESS TRUST OF INDIA - Mar 2 - Zuckerberg 's fortune has soared to ~$33B, from $18B on May 18, 2012 when the company went public. Within two years of entering the stock market, the share value of Facebook has soared ~80% to $68.46 apiece on February 28, up from $38 per share on its debut on Nasdaq stock exchange. Zuckerberg holds 478,914,465 shares of Facebook, which accounted for 19.6% of all outstanding shares.
MASHABLE - Mar 1 - YOY growth of Twitter's monthly active users is declining quickly, both globally and in the U.S. At its peak, Twitter grew internationally by ~140%. However, as of Q4 2013, that growth is just under 40%, despite reaching 241M monthly active users.
GADGETS - Feb 28 - Facebook has decided to pull the plug on Facebook Messenger for Firefox and Windows. Both services will be shut down on March 3. The move reiterates how Facebook is looking to move its base completely to mobile devices, given that it is most used on these platforms.
by Rohan Swamy
See full article at Gadgets
VALUEWALK - Feb 28 - Facebook COO Sheryl Sandberg sold ~280K shares of the company for ~$20M. Shares of Facebook have gained 154% over the past 12 months, and have been hovering around $70 for the past week. The latest stock selling has reduced Sandberg’s personal holding in Facebook to less than 10M.