Facebook has announced that soon downloading its new Messenger App will eventually be the only way to chat on Facebook via mobile. By the end of the week, messaging will no longer be available in the company’s iOS and Android apps, which means users who...
Facebook’s Mark Zuckerberg spoke with Uber CEO Travis Kalanick on possibly integrating the Facebook Messenger app with the car-hailing service, according to Re/code. The deal, if executed, could be Facebook’s way of heading in the direction of an e-commerce platform – modeled similarly after WeChat...
Snapchat recently applied for trademarks for payment systems, according to TechCrunch, but plans are unclear about how it intends to use them. If they enable mobile payments, will it “mean that sending one of your friends a fistful of digital cash will give them a...
Things are reportedly tough at online ticket marketplace StubHub these days; the company is reporting a stiff round of layoffs after missing its parent company’s earning expectations. StubHub has not directly commented on how many employees were let go during, but according to TechCrunch, rumor has it...
In a sure sign that Facebook is looking to bring commerce into Facebook, the social network has partnered with PayPal to extend payment enablement (acceptance + processing) to any Facebook mobile app that is accepted into its FbStart program. FbStart is a program that provides...
Wish uses algorithms and machine-learning tech to learn a user’s taste in order to show them products that they like (or might like) in a detailed, pleasing-to-the-eye format. The site’s commerce-centric Pinterest model has drawn attention from the Founders Fund Formation 8, GGV Capital, Yahoo...
The good news about social media is that it connects brands to vast electronic networks of consumers who can “like” their product, tweet it out and then pin images of themselves using it. For years Internet marketing gurus have pushed social marketing as the next...
After weeks of speculation about Uber’s, well uber funding round, the final count is in, and its a monster. Uber Inc. says it raised $1.2 billion in additional funding from investors, which puts the total valuation for the on-demand car service at $18.2 billion. The...
A new five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve consumer financial capability now has a $30 million backer. JPMorgan Chase & Co. will provide the funding for the Financial Solutions Lab cross-industry initiative and...
