Snapchat moves into mobile banking with the launch of Snapcash: Will it rival Facebook, Twitter? November 18, 2014 Snapchat is taking the plunge into the mobile payments market, with the announcement of a new app that lets users transfer cash at the hit of a button. The photo messaging service, which lets users send photos vanish after a maximum of 10 seconds, unveiled Snapcash in a blog post yesterday: The product you’re [...]
Twitter share price tanks after receiving junk bond rating from Standard & Poor’s November 13, 2014 Twitter’s share price dropped almost by almost six per cent today, after its bonds received a junk rating from Standard & Poor’s. The social media site’s bonds were slapped with a below investment level ‘BB-’ rating. Twitter issued $1.8bn worth of convertible notes in September. However, S&P said in a statement that Twitter [...]
Twitter chatter about BBC One’s Sherlock nets London £11m in free advertising November 13, 2014 Twitter chatter about the BBC One drama Sherlock has generated millions in free advertising spend for London's tourism industry, according to new research by Film London. The study crunched nearly 35 million likes, mentions and tweets from a range of websites such as Twitter, Facebook, Reddit and Pinterest to establish the "screen tourism" effect. Adrian Wootton, [...]
Sage vs Netsuite: CEOs Stephen Kelly and Zach Nelson take Tube-inspired ad war to Twitter November 6, 2014 Netsuite, the US software firm, is on the war path. The cloud computing giant wants a slice of UK rival Sage’s market share and isn’t afraid of getting its hands a bit dirty. On Wednesday, it launched a newspaper ad campaign, using a Tube-like map to attack Sage: “All Sage lines terminate here,” said the [...]
GCHQ director: WhatsApp, Twitter and Facebook “facilitate” Isis terrorism November 4, 2014 GCHQ’s newly appointed director has suggested that Twitter, Facebook, WhatsApp and other large US tech brands “facilitate” terrorism. In an opinion piece published in the Financial Times, Robert Hannigan writes that “the largest US tech companies…are the routes for the facilitation of crime and terrorism.” Hannigan’s article is published on the same day [...]
Facebook earnings boom with huge growth in mobile ad revenue after Twitter disappoints October 28, 2014 Facebook has posted impressive third quarter results with growth in both revenue and users. The multi-billion dollar company grew its daily active users by 19 per cent from a year ago, with the number of monthly active users growing by 14 per cent. Wall Street had expected the social media firm to post revenue for [...]
Twitter share price plummets as it fails to live up to World Cup hype October 27, 2014 Twitter shares dropped in value by as much as eight per cent in after hours trading, highlighting concerns about the micro-blogging site's user growth. In its earnings for the third quarter, it reported 284m monthly active users – a 23 per cent increase from the equivalent period in 2013 but just a five per [...]
Boris Johnson continues gas-bagging at #AskBoris Twitter question time October 20, 2014 Boris Johnson flexed his fingers and hit Twitter yesterday for his monthly #AskBoris question time and, as usual, the mayor didn’t disappoint with his flamboyant answers. He made an extraterrestrial quip when asked about the reinstatement of Peckham Lido, tweeting #takemetoyourlido. He said if he were to spend a night in any building at [...]
Tweet money transfer: Twitter and French bank BPCE will let users transfer cash via twitter October 13, 2014 Twitter is partnering with French bank BPCE to launch a new service that lets people transfer money between them by simply tweeting. Details of the plans are due to be unveiled tomorrow by BPCE’s mobile payment off-shoot S-Money. The French bank said those using the free peer-to-peer transfer service would need just a bank card and [...]
How Ebola spread: This Twitter visualisation maps mentions of the outbreak October 8, 2014 A new map visualising Ebola shows how the first confirmed case in the US sparked a huge surge in Twitter chatter around the world, as fears over the spread of the outbreak increased. The map tracks every mention of the Ebola hashtag (#ebola) across the world over the last month, with tweets coming from as [...]