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Rhapsody Acquires SoundTracking And Exfm To Boost Music Sharing And Discovery
Rhapsody, the stalwart music streaming service with 2 million paying subscribers, today acquired Schematic Labs, makers of “Instagram for songs” app SoundTracking, and Exfm, a social music discovery service that had been shut down since May. Why Standalone Apps Are Supposed To Fail
It’s scary to move a billion people’s furniture. That’s why Product Manager Michael Reckhow tells me Facebook built Paper. This fear has spawned the standalone app boom of 2014. Tech giants are experimenting with new user experiences outside the hallowed halls of their main apps that are too important to meddle with. Read More
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Phantom Brings Self-Destructing Photos To Facebook, Twitter And More
A new mobile application called Phantom is offering a way to post personal photos and videos to blogs and social media sites, like Facebook or Twitter, which “self-destruct” like they do in Snapchat, while also offering controls that limit the number of people who can view the content, and more. The idea to allow for ephemeral sharing on Facebook and other sites is interesting,… Read More
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LinkedIn Beats The Street In Q2 On Sales Of $534M, EPS Of $0.51
With social networks Facebook and Twitter handily beating analyst estimates for Q2 earnings, LinkedIn today reported its Q2 results and showed that rising tides are lifting its boat, too. Revenue for the second quarter was $534 million and its EPS (non-GAAP diluted) was $0.51 as the company also raised its guidance for Q3 and the full year. The company’s stock is up by around 8% in… Read More
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RockYou Raises $10M In Debt As It Shifts To Buying And Monetizing Existing Games
RockYou, once known as a leading social games developer before hitting rough times and making multiple rounds of layoffs, has recently become focused on buying up existing web, social, and mobile games.
Today, the company is announcing that it has raised $10 million in debt from FastPay (a firm that makes loans to digital media companies) to continue funding those efforts. Read More
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Closely Is Another Way To Keep Tabs On Where Your Close Buddies Are At
A German startup that’s built a mobile location-based network for families, called Familonet, which includes an automatic location notification feature is launching a spin-off side project app targeting small groups of friends or co-workers who might find it similarly useful to be automatically informed of each others’ whereabouts. The new app, currently in beta on Google Play,… Read More
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Palantir Acquires Social Polling Startup Poptip
Poptip, a startup that helps companies conduct social media surveys and analyze online conversations, just announced its team will be joining Palantir starting on August 1.Fly Or Die: Tinder Moments
Video Re-Mix Startup Coub Raises $2.5 Million From VC Fund Headed Up By VK.com Founders
There’s money in them loops — apparently. Coub, the Russian startup that lets you create and embed looped, 10-second video clips, has raised a new round of funding. Now seeing 50 million unique viewers per month (up from 8 million a year ago), the company has added $2.5 million to its coffers, courtesy of Vaizra Investments, the fund headed up Lev Leviev and Vyacheslav… Read More
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Facebook Forces Users Worldwide To Download Messenger For Mobile Chat
Over the next few days, Facebook will stop allowing messaging in its main iPhone and Android apps, and force all their users around the world to download its standalone Messenger app. Facebook first started requiring users in Europe to use Messenger back in April, but after seeing “positive results” in terms of engagement, its rolling out the plan to the everyone. Facebook tells… Read More
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