Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.
This is… Read More
Facebook crushes Q2 earnings, hits 1.71B users and record share price
Cola, a messaging app that integrates apps into chats, is opening up its developer kit today to enable anyone to build new apps.
The updated version available today comes with 12 “bubbles” that are essentially applications that run inside the messaging app. Users can share weather and flight information, gifs, and more without creating accounts with individual tools. The… Read More
“They’re going to hit some challenges and marketers are gonna start to ask questions when they get out of the experimental budget phase,” Facebook’s head of adtech said about Snapchat today. While Facebook tries to collect as much data about users as possible to prove its ads work, Snapchat has tried to avoid being creepy, despite that hindering its potential… Read More
Most people can’t shoot compelling videos, and static photos are boring. That’s why the tech giants are all pushing their own versions of automatic movie makers based on your media. This month, Apple announced its version called Memories coming to iOS 10 Photos, Google Photos already has its Movies Assistant and today Facebook is rolling out Slideshow to all iOS users around the… Read More
Facebook rolls out Slideshow movie-maker to compete with Google and Apple
Pinterest today said it was acquiring the team behind tote, a shopping app that highlights products suggested by fashion influencers and friends.
The tote founders are joining Pinterest’s growth and monetization team. This isn’t the only talent acquisition Pinterest has made even this month as well: Just last week, Pinterest acquired the team behind the custom keyboard app Fleksy. Read More
Pinterest acquihires the team behind influencer-driven curated shopping app tote