Instagram reportedly signs $100M ad deal with big agency Omnicom
Just a few months after it started testing ads in user streams, Instagram has signed an advertising deal with agency Omnicom that is reportedly worth up to $100 million. Read more »
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Facebook (formerly [thefacebook]) is an online social networking service. Its name comes from a colloquialism for the directory given to students at some American universities. Facebook was founded in 2004. The founders had initially limited the website’s membership to Harvard students, but later expanded it to colleges in the Boston area, the Ivy League, and Stanford University. It gradually added support for students at various other universities and later to their high-school students. Facebook now allows anyone who claims to be at least 13 years old worldwide to become a registered user of the website, although proof is not required.
Users create a personal profile, add other users as friends, exchange messages, post status updates and photos, and receive notifications when others update their profiles. Additionally, users may join common-interest user groups, organized by workplace, school or college, or other characteristics, and categorize their friends into lists such as “People From Work” or “Close Friends”. Facebook had over one billion active users as of September 2012 (of which approximately 9% were fake). Facebook held its initial public offering in 2012 and reached a peak market capitalization of $104 billion.
Just a few months after it started testing ads in user streams, Instagram has signed an advertising deal with agency Omnicom that is reportedly worth up to $100 million. Read more »
Facebook is building its second data center in Luleå, Sweden, using “rapid deployment data center” techniques that will speed construction and simplify design by prebuilding certain parts and creating standardized kits… Read more »
An administrative judge has overruled an FAA policy banning the use of commercial drones, so (gulp) start your engines, I guess. Read more »
Facebook is finally rolling out that News Feed redesign it has talked about for a year, but the end result is a lot less drastic than it was originally meant to… Read more »
The move brings Opera in line with the other two big WebRTC-supporting browsers, Chrome and Firefox, which both already support the promising protocol in their Android versions. Read more »
Facebook will crack down on how guns are sold on its platform, but is it enough to curb it entirely? Read more »
More than two years after making its debut on Android(s goog) and iOS(s aapl), the Facebook(s fb) Messenger app is now available for Windows(s msft) Phone. Although Windows Phone already has… Read more »
Facebook is reportedly in talks to acquire a drone company as a way of expanding its Internet.org initiative. Read more »
Yahoo is taking a page from Facebook’s playbook by placing click-to-download ads from app publishers looking to ramp up distribution of their offerings. It’s a wise move from a company that… Read more »
The CMO Council is out with a new report today on the use of social media marketing in the auto industry. As might be expected, they find that social is broadly… Read more »