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Snap acquires geofilter patent for $7.7 mn

Snap acquires geofilter patent for $7.7 mn

New York, (IANS) : Snap Inc has acquired “Geofilters,” or photo filters based on location, patent from photo-sharing platform Mobli for $7.7 million, a media report said. According to a report in Tech Crunch on Friday, Israeli entrepreneur and investor ...

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Instagram ‘Stories’ growth surpasses Snapchat

Instagram ‘Stories’ growth surpasses Snapchat

New York, (IANS) : Facebook’s photo-sharing app Instagram has surpassed Snapchat in daily active users of “Stories” feature, though the format was first launched by Snapchat in 2013. According to a report in Forbes on Thursday, Instagram’s “Stories” feature is ...

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Facebook suspends 30,000 fake accounts in France

Facebook suspends 30,000 fake accounts in France

New York, (IANS) : To reduce the spread of misinformation and spam shared by creators of fake accounts, Facebook has disabled over 30,000 such profiles in France. Facebook on Thursday in a statement said that they aimed to remove the ...

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Flipkart raises $1.4 bn, to take over eBay.in

Flipkart raises $1.4 bn, to take over eBay.in

Bangalore, (IANS) : India’s leading e-tailer Flipkart on Monday announced raising $1.4 billion (Rs.9,042 crore) from Microsoft, eBay and Chinese investment firm Tencent. “The latest funding round, at a post-transaction valuation of $11.6 billion (Rs.74,885 crore), is the largest in ...

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Amazon to soon refund $70 mn of in-app purchases

Amazon to soon refund $70 mn of in-app purchases

New York, (IANS) : Amazon has decided to refund up to $70 million to its users, a move that comes a year after the company was found guilty of illegally billing users for unauthorised in-app purchases. The in-app charges occurred ...

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Amazon replaces Twitter to live stream NFL

Amazon replaces Twitter to live stream NFL

New York, (IANS) : Twitter will not stream the NFL’s Thursday Night Football games this year, instead Amazon will. The Jeff Bezos company won the rights paying $50 million for the deal, a media report said on Wednesday. “That’s bad ...

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