Consumer Web/Social Media

Netflix to pay Comcast for faster speeds

Netflix has agreed to pay one of the largest broadband providers in the United States Comcast Corp for faster speeds, throwing open the possibility that more content companies will have to shell out for better service.

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Trulia releases photo-focused apps to help US buyers find homes faster

San Francisco, US-based real estate online marketplace Trulia released new photo-focused iPhone and Android apps to help home buyers find and choose homes or properties faster.

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Facebook's annual hackathon kicks off in California today

Menlo Park, US-based social media giant Facebook will be kicking off its yearly Hacker Cup competition at the company's head office today with 25 participants from North America, Asia, and Europe.

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Germans switch to Swiss messaging startup Threema for absolute privacy

Within just 24 hours, Zurich, Switzerland-based encrypted messaging startup Threema soared to the top of Germany's paid App Store chart due to a 200,000 subscriber addition, 80% of which are in Germany.

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Amazon to rename European streaming video service LoveFilm as Prime Instant Video

Seattle, US-based e-commerce and digital media giant Amazon will rename its London-based streaming video service LoveFilm as Prime Instant Video in Germany and the UK starting February 26.

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Canadian parcel pickup firm BufferBox shuts down standalone service in US and Canada to integrate into Google

Waterloo, Canada-based parcel pickup startup BufferBox is shutting down its standalone service in the US and Canada beginning March 31 to integrate it into Google Shopping products such as Google Shopping Express.

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Google Ventures' Rich Miner to join California-based Crittercism's board

Google Ventures general partner Rich Miner will join the board of directors of San Francisco, US-based mobile app performance management (mAPM) firm Crittercism to replace Wesley Chan, who left Google Ventures to establish his own company.

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Apple Acquires app-testing platform Burstly

Tech giant Apple added app testing platform maker Burstly, owner of mobile app testing tool TestFlight, for an undisclosed amount, according to sources.

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Amazon set to launch TV set-top box in March

Washington, US-based e-commerce giant Amazon is scheduled to launch its Android-run TV set-top box in March to gain traction over some of its rivals in the digital media sector, according to a report by Re/Code.

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Google acquires British firm Spider.io to prevent online ad fraud

US-based search giant Google acquired London, UK-based anti-malware for online advertisers Spider.io for an undisclosed amount to prevent online advertising fraud and detect attacks from malware-infected computers.

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US video editing startup Magisto raises $2M in funding, partners with Russia's Mail.ru

New York, US-based automatic video editing startup Magistro raised $2 million in a recent funding round and has struck a deal that will integrate its technology into the Russian social network Odnoklassniki, which is owned by Mail.ru.

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Chinese social media marketing firm closes second funding round led by Fosun

China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.

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Sprinklr buys Texas social analyics firm Dachis Group

New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.

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Shopzilla snaps up California online ad startup Connexity

Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.

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Rakuten to launch beta version of streaming video platform Viki in Japan

Tokyo,Japan-based Internet services firm Rakuten will launch a beta version of the Singapore-based streaming video platform Viki in Japan tomorrow, just five months after the Japanese bought the platform for $200 million.

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