Consumer Web/Social Media

Los Angeles To Not Enforce Ban On Marijuana Dispensaries

Facebook Deletes Medical Marijuana Homepages Without Any Prior Warning

Facebook deleted medical marijuana hopepages on Tuesday, without any prior warning. People that relied on the site for updates on the cannibis for medicinal purposes are said to have been greatly affected by the social media giant's initiative.

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San Francisco Shuttle Buses To Silicon Valley

After robust phase, venture capital heads to pre-recession level

Venture capital (VC) funding activity seems to be heading towards pre-recessionary mark. The VC activity recorded robust growth phase for over seven years. The sluggish financial markets are discouraging VC funding and raising money.

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Social Media Illustrations

Linkedin Q4 2015 Earning is Above Expectations, But Stocks Drop 30%

LinkedIn on Thursday reported its fourth quarter earnings in 2015. The number is better than analyst expectation, but its stock dropped to 30% because of weaker earnings guidance that analyst forecasted.

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Facebook

Facebook Inc Posted a Strong Profit of More Than $1 Billion in Q4 2015

The social network giant posted a strong profit. On Wednesday, Facebook reported a $1.56 billion quarterly net income in fourth quarter of 2015.

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Microsoft Corp.'s First Flagship Store Outside North America Opens In Australia

Surface Sales Goes Up Increasing Microsoft Earnings, But Not The Windows Phone

Microsoft incomes have increased thanks to the rising Surface sales, as well as the cloud and server growth. They are the main contributors to the higher overall revenue. However, Microsoft Windows and phones are not in the same luck as their performances are still declining.

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Microsoft Holds Its Annual Shareholders Meeting

Microsoft Q2 profit beats analysts' view on Cloud Product Power

Microsoft Corp said its quarterly profit beat analysts' view, propelled by mounting demand for its cloud products. Quarterly net income, on an adjusted basis, amounted to $6.3 billion, up from $5.8 billion in the same period last year.

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Vanity Fair New Establishment Summit - Day 2

Facebook growth in 2016 will focus on video advertising, Instagram, and Oculus Rift

Facebook is expected to announce its fourth-quarter earnings soon and analyst are expecting that the company will deliver a better than expected report. The company is also expected to boost its revenue this year through the expansion of its video advertising, Instagram, and Oculus RIft.

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Shorts Program Awards And Party Presented By YouTube - 2016 Sundance Film Festival

TotalBiscuit leaves social media: Bids an emotional goodbye

When we say TotalBiscuit, it’s the video game YouTuber John Bain. He bids an emotional goodbye to social media citing that he is not able to accept criticisms among other reasons.

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Amazon.com Illustrations Ahead Of Earnings Figures

Amazon is Planning to Spend Over $3 Billion on Audio and Video Content

Amazon will spend more than $3 billion for Amazon Prime music and video content. With a 54 million members in the U.S., Amazon Prime wants to increase customers spending to boost its revenue following a downtrend.

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TechCrunch Disrupt SF 2015 - Day 1

Aircall raises $2.75 million in seed funding

Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.

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Several people using their mobile phones

Walkie-Talkie Voice Messaging App Roger Lands $1M Led by Social Capital

Roger's walkie-talkie style voice messaging app that launched in 2015 gets a financial backing of $1 million from Social Capital. The new feature was created by ex-Spotify employees, Ricardo Vice Santos and Andreas Blixt, who have done complete justice to the phrase 'selling old wine in new bottle'. In the current scenario where voice messaging is no longer a novelty, Roger hopes to tap the market outside Asia where people are still stuck with texting, and win them with its simple, three-button structure.

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World Cyber Games in South Korea

South Korea Has a Camp to Help Young People With Internet Addiction

The advancement of the internet in South Korea has brought some advantages as well as social issues. Internet addiction has been a concern in the country, and the government is helping to solve the issue with some programs, including rehabilitation camps.

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Germany Is Amazon's Second Biggest Market

Amazon India sales leap to Rs1, 022 crore

Amazon India, an online market, announced a six-fold leap in sales to Rs1, 022 crores for the year ending March 31, 2015, but net loss climbed to Rs1, 723.6 crores during the year.

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American Express Co. Credit Cards & Signage Ahead Of Earns Figures

AmEx to slash cost by $1bn by 2017

Feeling the heat of competition in the global payments industry, American Express (AmEx) is in the process of reducing costs by $1billion by end of 2017. AmEx posted losses for the fourth quarter consecutively. The net income dropped from $1.44 billion to $873 million or 80 cents per share for the quarter. The forecast for this year disappointed investors and analysts.

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U.S. Government Funded TOR Network

Tor Project Ended Crowdfunding Campaign on Friday, Generating Over $200,000

The Onion Router (Tor) began as military intelligence research in 1995, before became a volunteer-based project in 2002. Now, the project tried to lessen dependency on U.S. government by launching a crowdfunding campaign.

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