Facebook Inc's photo-sharing service, Instagram, said it had more than 300 million users, sharing over 70 million photos and videos each day.
Instagram, the popular photo-sharing service owned by Facebook Inc (FB.O), has been blocked in China, according to numerous reports, including from Hong Kong-based reporters with the New York Times.
Instagram announced on Tuesday the roll out of 10 new editing tools for both iOS and Android. The app added a slide bar for users to be able to adjust contrast, brightness, saturation and warmth and an option that allows users to adjust the intensity of filters.
Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.
International soccer star Didier Drogba has partnered with HOM to launch his clothing brand in May, a French clothing brand for men, reported Ventures Africa.
Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
Instagram, the mobile photo sharing service of Facebook Inc, has signed a $50 million advertising deal with Omnicom Group, according to sources interviewed by Bloomberg.
Mobli, the startup that also offers a mobile photo and video platform, has announced its intentions to join the Nasdaq Private Market to provide its investors more liquidity, TechCrunch reported.
Facebook Messenger can now be downloaded for free on the Windows Phone via the Windows Phone Store, the software giant has confirmed the news through its blog.
Yahoo Chief Executive Officer (CEO) Marissa Mayer is eyeing image sharing startup Imgur as the company's next big acquisition, according to an anonymous source cited by Business Insider.
A report on TechCrunch noted that social travel apps like Jetpac had started to develop its products away from Facebook, as the popularity of the social network might have run its course.
An article published on tech news site VentureBeat raises the question on the staying power of social media giants and Silicon Valley darlings like Facebook and Twitter.
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
People who had been using Instagram would start to see advertising in their photo sharing feeds in the next couple of months.
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