Tencent set to Acquire U.S Company, Riot Games
U.S based game maker, Riot Games announced through a blog post that Tencent Holdings, China’s Internet behemoth, has acquired a majority stake in the company. The price negotiated is believed to be more than $350 million, according to Bloomberg. The deal will be finalized within the next 30 days. Riot Games is the creator of […]
Around the World with Facebook [PICS]
Take a peek inside Facebook’s offices in 4 different cities: Hyderabad (India), Dublin (Republic of Ireland), Toyko (Japan) and Paris (France). TIME sent its photographers to capture and create this interesting photo essay. The images tell a story of Facebook’s growing global dominance and also its start-up-like culture despite having multiple offices worldwide. It’s a pity […]
Facebook Domination Visualized on a World Map
Facebook has grown to become a social network behemoth, which bashes and throws competitors out of their domain countries. Facebook domination is what we observed and it is now visualized on a world map. Vincenzo Cosenza created the map with data based on Alexa and Google Trends. This map is an upgraded version of the […]
Google Advertises on Facebook and Twitter [PICS]
Google, the digital advertising behemoth, is contributing back to the industry by buying ad spots on Facebook and Twitter. Yes, you heard that right. Search Engine Land posted a Twitter screenshot showing @GoogleMobile as a Promoted Account, suggesting users to follow. Promoted Account ads run by an algorithm, so not everyone would be able to […]
Walmart Follows Groupon Model On Facebook
Walmart recently introduced a new feature on its Facebook fanpage, called the Crowdsaver. This new Walmart’s Facebook initiative basically follows Groupon’s model. For example, Walmart will slash the price of its Plasma TV by 18 percent if there were more than 5,000 fans ‘liking’ the deal. So far, the idea seems to be working well. […]
eBay + Paypal + Facebook Connect = Group Gift-Buying
In an attempt to capitalize on the rise of social commerce, online auction behemoth eBay launched its Group Gifts service today, enabling users to source the power of their social networks to collectively purchase gifts. In the case…