Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watch thousands of original short and long, inexpensive indie films that can be compared to expensive Hollywood movies.
WhatsApp ditched its $1 annual subscription fee and instead will look for other means of income to pay the service to contact consumers.
Investors have been asking about how Facebook's Messenger can earn more money. CEO Mark Zuckerberg revealed plans during the earnings call on how Facebook will bring more dollars to its recently acquired messaging app.
Jan Koum, Whatsapp founder announced it on Facebook that the messaging app had reached 900 million users. Behind its first achievement, Facebook is aiming for 1 billion monthly users worldwide.
Giant South Korean web portal operator Naver Corp is yet to decide on when put its messenger app unit Line Corp on Initial Public Offering (IPO) due to the present volatility of the market.
Twitter released Tuesday its second quarter financial results, and while they met Wall Street expectations they were not impressive enough for investors.
Visa Europe has announced a new, more secure way for consumers to pay retailers via smartphones, a move that could set the stage for Apple's Apple Pay and rival payment services to be introduced into Europe in the coming months.
China's Momo Inc, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering of its American Depositary Shares (ADS).
Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value.
Facebook Inc (FB.O) closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.
Facebook (FB.O), the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry.
Software giant Google Inc plans to launch a mobile messaging app it is likely to test in India and other emerging markets, the Economic Times newspaper reported on Friday, citing sources.
European Union antitrust regulators will decide by Oct. 3 whether to clear world No. 1 online social network Facebook's $19 billion offer for mobile messaging startup WhatsApp, the European Commission said on Monday.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Tokyo-based mobile messaging app Line Corp could reach its goal of 500 million instant messaging users by the end of this year even as it thinks about a possible IPO, Bloomberg reported.
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