Kik raises $50 million from China's Tencent to battle Facebook, hire in L.A.

Kik, a chat app that claims 40% of U.S. teenagers as users, announced a $50-million investment Tuesday from Chinese tech company Tencent that values the start-up at $1 billion. Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2015-08-19 00:00:00 UTC ]
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Group Nine Media Raises $50 Million from Discovery, Axel Springer

Group Nine Media just raised $50 million from lead investor Discovery Inc. and partner Axel Springer SE, the company announced Monday. The digital media holding company also hinted that acquisitions may be on the horizon with the new increase in funds. Discovery initially invested $100 million... Continue reading at AdWeek

[ AdWeek | 2019-09-09 14:56:30 UTC ]
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Facebook says 50 million user accounts have been affected by a security breach

Nearly 50 million Facebook accounts have been affected by a security breach that enabled hackers to take over users’ accounts, the social media giant announced Friday. The new breach comes as Facebook strives to convince its more than 2 billion users that it can be trusted. It is grappling with... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-29 00:00:00 UTC ]
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Facebook Pays Publishers Over $50 Million to Start Using Live Video

Company signs over $50 million in deals with 140 companies and celebrities for Facebook Live content. The post Facebook Pays Publishers Over $50 Million to Start Using Live Video appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-23 00:00:00 UTC ]
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‘Facebook is everything to us’: How Little Things grew to 50 million users in under three years

Feel-good publisher Little Things has built an audience of 50 million users a month thanks to Facebook -- and it's profitable. CEO Joe Speiser joined the Digiday Podcast to discuss how the publisher grew out of its roots as a pet-food retailer, why he's not too worried about being overly reliant... Continue reading at Digiday

[ Digiday | 2016-05-13 00:00:00 UTC ]
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Most Investors Don’t Want to Touch Media Anymore. But Axios is Going to Raise Another $20 Million.

A few years ago, investors were eager to throw money at digital media startups. Not anymore. But there are some Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-12-16 15:51:10 UTC ]
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Restaurant software startup raises $5 million

Fairfax restaurant software startup MarginEdge Co. has raised $5 million in fresh funding, the company announced Tuesday. The round was led by Osage Venture Partners with participation from New York-based In Good Company Hospitality. It brings its total funding since MarginEdge's founding in... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-22 12:00:00 UTC ]
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Facebook’s Nada Stirratt on the evolution of storytelling and how it helped raise $2 billion for charity

  Nada Stirratt, VP of North America at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss what storytelling means for Facebook users and advertisers. Plus, the need for brands to personalize messaging at scale—and how Facebook Stories can help. A custom video... Continue reading at Advertising Age

[ Advertising Age | 2019-10-02 21:00:00 UTC ]
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Refinery29 looks to raise $20 million

Digital media company Refinery29 is looking to raise up to $20 million through a new funding round, according to a recent SEC filing. The filing was spotted by Axios, which reports the startup will... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-05-28 19:43:30 UTC ]
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Far-right Facebook groups 'spreading hate to millions in Europe'

Avaaz uncovers 500 accounts using fake news to spread white supremacy messageA web of far-right Facebook accounts spreading fake news and hate speech to millions of people across Europe has been uncovered by the campaign group Avaaz.Facebook, which is struggling to clean up the platform and... Continue reading at The Guardian

[ The Guardian | 2019-05-22 04:00:20 UTC ]
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Instagram: Facebook probes breach of millions of influencer accounts

An Indian company had stored the data of 49 million Instagram users in an unguarded online database. Continue reading at BBC News

[ BBC News | 2019-05-21 07:38:44 UTC ]
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Hundreds of millions of Facebook user records exposed on Amazon cloud servers

Facebook Inc. user data is still showing up in places it shouldn’t. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com Inc.’s cloud computing servers. The discovery shows that a year after the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-03 20:45:00 UTC ]
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Facebook considering hiring editors to pick quality news for users

Mark Zuckerberg also said he is weighing up paying publishers for use of their journalismFacebook could start employing editors to select “high-quality news” to show to users, in the social network’s latest attempt to lose its reputation as a source for disinformation.Mark Zuckerberg said he is... Continue reading at The Guardian

[ The Guardian | 2019-04-01 00:00:00 UTC ]
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Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
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Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
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Fairfax claims early edge in battle of City's best with 50-48 win over Westchester

You could see the impact of playing in a Fairfax-Westchester basketball game in pregame warmups Friday night. Players were jumping higher, clapping louder and breathing harder. Fans were pouring into the Westchester gym to create the usual loud, entertaining environment. The game produced tough... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-26 00:00:00 UTC ]
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Jim McKelvey’s latest venture raises $20 million

Based in Clayton, Invisibly is seeking to help publishers monetize digital content they put on the internet. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-12-21 00:00:00 UTC ]
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Facebook Is Committing Another $4.5 Million to Initiatives for News Publishers

Facebook announced Thursday that it is pumping another $4.5 million into Facebook Journalism Project initiatives for news publishers. Global head of news Campbell Brown said in a blog post that Facebook will put $3.5 million toward the Facebook Membership Accelerator pilot program and contribute... Continue reading at AdWeek

[ AdWeek | 2018-08-02 00:00:00 UTC ]
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Facebook hires Spiegel exec (and sometimes critic) to strengthen relations with publishers in Europe

“A lot of trust has been destroyed in the past months due to Facebook's unpredictable and unreliable actions." The post Facebook hires Spiegel exec (and sometimes critic) to strengthen relations with publishers in Europe appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-07-02 00:00:00 UTC ]
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Facebook quiz app maker exposed data on over 120 million users

While Facebook tries to close the book on its Cambridge Analytica scandal, it's still dealing with many more. The FTC is conducting a non-public probe into the company's behavior around privacy data, the EU's stricter laws are making it hard for the... Continue reading at Engadget

[ Engadget | 2018-06-29 00:00:00 UTC ]
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