Social Media

Social media are interactive computer-mediated technologies that facilitate the creation and sharing of information, ideas, career interests and other forms of expression via virtual communities and networks.

ByteDance’s Valuation Drops 25% From Last Year to Under $300B

ByteDance’s Valuation Drops 25% From Last Year to Under $300B
ByteDance’s Valuation Drops 25% From Last Year to Under $300B
July 20, 2022  |  Investments

ByteDance has traded in recent weeks at valuations beneath $300 billion, a 25% drop since last year, showing the strain tech companies are under in...

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Flip Raises $60M at $500M Valuation to Expand Discovery eCommerce Platform
Flip Raises $60M at $500M Valuation to Expand Discovery eCommerce Platform
July 20, 2022  |  Retail

Discovery eCommerce startup Flip raised $60M in a Series B funding round that puts its valuation at $500 million as the company expands its social...

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Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
July 14, 2022  |  Investments

Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The...

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Elon Musk Scraps $44B Deal to Buy Twitter
Elon Musk Scraps $44B Deal to Buy Twitter
July 09, 2022  |  News

Deal or no deal? Apparently, the deal is a no, if Elon Musk has his way about his planned $44 billion purchase of the social...

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Pinterest Makes Push to Reclaim Social Commerce With New CEO
Pinterest Makes Push to Reclaim Social Commerce With New CEO
June 29, 2022  |  eCommerce

Pinterest co-founder and longtime CEO Ben Silbermann is handing the reins of the social platform to Google commerce chief Bill Ready, a shakeup that when combined...

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China’s WeChat Blacklists Accounts Tied to Crypto, NFTs
China’s WeChat Blacklists Accounts Tied to Crypto, NFTs
June 28, 2022  |  Mobile

Chinese social media app WeChat is reportedly banning accounts associated with cryptocurrency and NFTs. Get the Full Story Complete the form to unlock this article...

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Shopify-Twitter Deal Highlights Social Media’s Growing Role in Retail
Shopify-Twitter Deal Highlights Social Media’s Growing Role in Retail
June 22, 2022  |  Connected Economy

Deal by deal, partnership by partnership, the connected economy takes shape. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Snap CEO Firm on Long-Term Plays, AR
Snap CEO Firm on Long-Term Plays, AR
June 21, 2022  |  Mobile

Snap Chief Executive Evan Spiegel reiterated his support for long-term decision making at the corporate level and expressed enthusiasm for the company’s virtual reality work...

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