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Facebook’s Monthly Active Users Decrease in U.S.
Palo Alto, Calif. – Facebook’s progress towards reaching a goal of 1 billion monthly active users is slowing, as the number of users in...
Bunchball Gets $6.5 Million for 'Gamification' Services
San Jose, Calif. - Bunchball, a provider of social gaming software that brings social gaming features to non-game applications and websites, announced on Monday...
Everloop Lands $3.1 Million for Social Platform for Kids
San Francisco - Everloop, an online social platform for kids under 13, said on Monday that it has raised $3.1 million in new funding.
Investors...
Cost of Twitter 'Promoted Trend' Ad: $120,000 Per Day
San Francisco - The cost for an advertiser to purchase a "promoted trend" on Twitter is currently around $120,000 per day, Twitter director of...
Facebook Acquires Software, Design Firm Sofa
Palo Alto, Calif. - Facebook has acquired Amsterdam-based Sofa, a software developer and design firm, for an undisclosed sum.
Founded in 2006, Sofa has developed...
Report: News Corp. Narrows Myspace Suitors to Single Group
Los Angeles - News Corp. has narrowed the field of suitors for its struggling Myspace social entertainment hub to one -- an investor group...
Social Dating Platform Flirtic Raises Funds for Expansion
Tallinn, Estonia — Flirtic.com, a dating site created for savvy social media elites, announced Thursday that it has raised a venture round funded by...
EU to Probe Facebook Over Facial Recognition Feature
Brussels - European Union (EU) data-protection regulators will look into Facebook's new technology feature that uses facial recognition software to make suggestions of friends...
Paramount Promotes "SUPER 8" Advance Screenings on Twitter
Los Angeles - Viacom's Paramount Pictures partnered with Twitter to promote its new film "SUPER 8" with a series of sneak preview showings this...
Twitter Launches Own Auto Link-Shortening Feature
San Francisco - Twitter on Wednesday launched its in-house URL shortening service, which will see links pasted by users when tweeting on Twitter.com automatically...
