Instagram’s story: Fast growth, a $1 billion sale and Facebook’s broken pledge

Sarah Frier traces the company’s cultural impact along with its business history. Continue reading at 'The Washington Post'

[ The Washington Post | 2020-04-30 15:32:33 UTC ]
News tagged with: #fast growth #cultural impact

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January Religion Bestsellers: Rachel Hollis Stays #1; ‘With This Pledge’ Tops Fiction

Hollis’s tough-talking self-help book ‘Girl, Wash Your Face’ remains #1 in Religion Nonfiction; Tamera Alexander’s ‘With This Pledge’ is tops in Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #remains #1 #religion nonfiction #religion fiction

Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #third-party sellers

The proof that Facebook is broken is obvious from its very modus operandi | John Naughton

Despite employing a small army of contractors to monitor posts, it’s clear the company is no longer fit for purposeWay back in the 1950s, a pioneering British cybernetician, W Ross Ashby, proposed a fundamental law of dynamic systems. In his book An Introduction to Cybernetics, he formulated his... Continue reading at The Guardian

[ The Guardian | 2019-01-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #plain english

Would you delete Facebook for $1,000? This economist put that theory to the test

Tufts University economist Sean Cash doesn’t normally dabble in the valuations of giant tech companies. As the Friedman School of Nutrition Science and Policy professor puts it, “My bread and butter is bread and butter.” But a few years ago, Cash got interested in answering the question of how... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #delete facebook

Facebook removed over 1.5 billion fake accounts in the last six months

It's been less than a day since the New York Times published a brutal report about the state of affairs at Facebook, including a deep look at the company's failure to properly identify and deal with fake news and Russian interference. The company alr... Continue reading at Engadget

[ Engadget | 2018-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook removed #fake news #russian interference

Founders of Instagram say they're leaving Facebook Inc.

The founders of Instagram announced in a surprise move Monday that they were leaving Facebook Inc. Kevin Systrom and Mike Krieger said they were “ready for their next chapter” and said they were grateful for the six years they spent at Facebook, which acquired the photo sharing app for $1... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #instagram announced #leaving facebook #kevin systrom #$1 billion

Six-Month Bookstore Sales Down 1%

A 5.3% increase in June bookstore sales over June 2017 was not quite enough to offset a soft start to the year and bookstore sales finished the first half of 2018 with sales down 1.0% compared to a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #3% increase #soft start #0% compared

PBS 'Frontline' special 'The Facebook Dilemma' outpaces the scary stories on other networks

AMC may think it’s cornered the horror market with an upcoming documentary series produced by Eli Roth, but in terms of providing timely, real-life scares, PBS’ “Frontline” looks tough to beat with its latest two-part investigation, “The Facebook Dilemma.” With a well-earned reputation for... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-01 00:00:00 UTC ]
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YouTube and Facebook escape billions in copyright payouts after EU vote

Controversial new law that critics claimed threatened internet freedom is rejectedGoogle, YouTube and Facebook could escape having to make billions in payouts to press publishers, record labels and artists after EU lawmakers voted to reject proposed changes to copyright rules that aimed to make... Continue reading at The Guardian

[ The Guardian | 2018-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copyright rules #press publishers #record labels #european parliament #internet giants

How publishers are bridging their Instagram and Facebook audiences

Following Facebook’s algorithm change, media companies are turning to Instagram, which is also turning them back to Facebook, albeit in a different way. The post How publishers are bridging their Instagram and Facebook audiences appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook audiences #algorithm change #media companies

Instagram may soon offer a soundtrack for your Stories

With recent music licensing deals between Facebook and record labels like Sony, Warner Music, Universal and other European publishers, it would seem as if Facebook, and by extension Instagram, is uniquely poised to bring soundtracks to shared videos.... Continue reading at Engadget

[ Engadget | 2018-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #record labels #warner music #european publishers #uniquely poised

Leaked Facebook memo: 'ugly truth' justified any growth tactics

Buzzfeed has published an internal Facebook memo entitled "The Ugly" from 2016 that shows just how much emphasis the social network places on growth above safety, privacy and everything else. Written by Facebook VP Andrew "Boz" Bosworth, one of Mark... Continue reading at Engadget

[ Engadget | 2018-03-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ugly truth #growth tactics

HC Earnings Rise 7% in Q2 on 1% Sales Gain

The positive impact of currency fluctuations, plus higher backlist sales in its children's division, led to a 1% revenue rise at HarperCollins this past quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #positive impact #currency fluctuations

Facebook will prioritize local stories in your News Feed

You may start seeing more posts from local publishers popping up in your News Feed. Facebook announced today that it will begin prioritizing local news, bumping it up higher in your feed if you follow a local publisher's Page or if a friend shares a... Continue reading at Engadget

[ Engadget | 2018-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #local publisher

Feminism and Feel-Good Stories: A Children's Holiday 2017 Sales Report

Reports from around the country indicate a healthy season for children’s booksellers in particular, consistently citing sales hikes of 10% or more over the previous year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-11 00:00:00 UTC ]
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With billions at stake, Supreme Court urged to revisit ruling shielding internet purchases from sales tax

The last time the Supreme Court took a hard look at how to impose sales taxes on home shopping, it was the era of mail-order catalogs — “before Amazon was even selling books out of Jeff Bezos’ garage,” lawyers recently told the justices. In 1992, the high court upheld a constitutional rule that... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #supreme court #selling books #jeff bezos

Facebook to book NZ advertising sales revenues here, not in Ireland

Facebook says it will book the revenues it earns from selling advertising to Kiwi companies in New Zealand in future. The change is part of worldwide move by Facebook to restructure its accounting and appears a major victory for policy-makers concerned about the way Facebook and many other... Continue reading at Stuff

[ Stuff | 2017-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major victory #sales made

The Mass Merchandiser Channel Helps Lift Unit Sales 1%

At outlets that report to NPD BookScan, unit sales of print books were 1% higher in the week ended Nov. 5, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #1% higher

Unit Sales Down 1% Compared to 2016

At outlets that report to NPD BookScan, unit sales of print books were 1% lower in the week ended Sept. 3, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #1% compared #print books