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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...
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...
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...
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...
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...
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...
Facebook's IPO Valuation Expected to Reach $100 Billion
Palo Alto, Calif. – Facebook is expected to go public in the first quarter of 2012, at a valuation that could top $100 billion,...
4chan Founder's Canvas Scores $3 Million
New York – Christopher Poole's latest venture, Canvas, a site where users can kick off discussions and post pictures, has raised $3 million in...
Facebook Partners With Social Browser RockMelt
Mountain View, Calif. – Social media-oriented web browser RockMelt and social networking juggernaut Facebook unveiled a partnership on Tuesday, The New York Times reports.
The...
Report: Facebook Developing New Photo-Sharing Mobile App
Palo Alto, Calif. - Facebook is developing a new mobile photo-sharing application that appears to offers many of the same features of upstart services...
