Social Networks

Facebook's stock soared Wednesday following the release of its Q2 earnings report, which beat Wall Street expectations. Investors seemed pleased with the company's strong user growth and better-than-expected gains from mobile advertising. It reported $1.81 billion in revenue, a 53 percent year-ove...

Social commerce website Fancy has racked up $53 million in funding from investors including American Express and actor Will Smith, according to press reports citing a July 3 SEC filing. The company currently is valued at $600 million. Fancy reportedly brings in about $3 million per month, and its ba...

There's no question that books have gone digital. Sure, there are still paper books aplenty in a smattering of brick-and-mortar bookstores -- and available online as well -- but there's no escaping the proverbial writing on the wall that book-selling behemoth Amazon now sells more electronic books t...

Remember Bebo? In its heyday, five or six years ago, the social networking site showed enough promise to be considered a possible rival to then-dominant MySpace -- and to pull in an $850 million purchase price when it was acquired by AOL. What a difference a few years make. Fast forward to 2013, and...

Buzz is building over Facebook's rumored plan to launch a mobile video app for Instagram at an event on Thursday. Video functionality in Instagram, the company Facebook purchased for $1 billion in April of last year, would be a direct challenge to Twitter's Vine app. Vine lets users take 6-second vi...

In the wake of recent revelations that the government has been tapping their networks to monitor users, Facebook, Apple and Microsoft in recent days have all published more information about those monitoring requests. Facebook, for example, on Friday reported that for the six months ending December ...

Mobile technologies may tend to focus on life's present and future, but Foursquare this week launched a feature that gives users new insight into the past. Specifically, the location-based social networking service on Thursday introduced the Foursquare Time Machine, a tool that allows users to retra...

Facebook will simplify its advertising structure in an effort to make it easier for marketers to determine which products will help them best reach consumers, the company announced this week. Advertisers currently face a choice of 27 different formats on the social network, but the streamlining effo...

Twitter's Vine sprouted on Android devices Monday, allowing users to post 6-second videos in their tweets. Earlier this year, Twitter launched its Vine app for Apple's iOS, but until now, Android users have been left out of the fun. Now they can get into the thick of it as well. "Android owners: Wel...

It has been about a month since Facebook unveiled the keys to its mobile strategy -- its Facebook Home app and the HTC First, a smartphone designed specifically around Home. To date, though, the progress of these duel initiatives has been less than encouraging. European carriers Orange and EE have d...

Yahoo is reportedly looking to purchase microblogging platform and social networking website Tumblr for $1 billion. Tumblr is considered one of the coolest companies on the Internet because of its appeal to younger users -- the very demographic that Yahoo, which recently characterized its users as ...

Rumors that Facebook is deep into the process of purchasing Waze -- maker of a mobile satellite navigation app that leverages crowdsourced mapping and traffic tips -- are making the rounds. Facebook has apparently signed the terms and is conducting due diligence after six months of negotiations, acc...

Despite revenue gains that beat expectations for LinkedIn's quarterly earnings report Thursday, investors sent the company's stock falling when the company forecast lower-than-expected guidance. LinkedIn reported revenue of $324.7 million for its most recent quarter, a 72 percent jump from the 188.5

Facebook on Wednesday beat analyst expectations for revenue in its first quarter earnings and showed slight growth in the increasingly important mobile advertising space. The world's largest social network reported revenue of $1.46 billion, a 38 percent bump from the same time a year ago. Net income...

LinkedIn unveiled a new contacts application for Web and mobile users this week with the goal of helping members manage the relationships they build on the professional social network. The company is billing LinkedIn Contacts as a digital personal assistant. It will pull information from user addres...