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FTC, 48 States Launch Massive Antitrust Suit On Facebook

PYMNTS

9), accusing the social media network of “illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct,” according to a press release. By 2012, WhatsApp had emerged as the clear global “category leader” in mobile messaging.

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Sansan Lands VC For Business Networking Solution

PYMNTS

Eight is a social network service designed to help business professionals digitize, manage and share the contact information which would normally be found on physical business cards. The service launched in Japan in 2012. While not a social media network, Sansan does promote connectivity between businesses and professionals.

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Can Subscription Commerce Revive Floundering Movie Theaters?

PYMNTS

Between 2012 and 2016 alone, in fact, the number of 18- to 24-year-old frequent moviegoers fell from 8.7 First founded in 2011, MoviePass now operates under the leadership of Mitch Lowe, who co-founded Netflix and previously served as president of Redbox. No wonder, then, that fewer people are flocking to movie theaters these days.

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

In addition, more and more CEOs are being asked to comment on diversity and other issues via social media that they might not have had to earlier. Customers and employees need to know they are in a safe physical environment, so a safe workplace is going to be the theme for at least the next 12 months.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: March 21, 2012. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: 2012. Zynga and OMGPOP. Price: $210M. a viral gaming hit for iOS and Android. Caterpillar and ERA. Price: $677M.

Google 76
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Rise Of China’s Big Tech In AI: What Baidu, Alibaba, And Tencent Are Working On

CB Insights

In 2012, when researchers at the Google Brain project in the US announced that a cluster of computers had trained themselves to recognize images of cats from YouTube videos, it was heralded as a breakthrough in artificial intelligence. Called the “app for everything,” it is the most popular social media application in China with 1B users.

Google 63
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Actiance Brings on Naresh Bansal as New CFO

Fintech Labs Insights

Bansal’s impressive pedigree includes 20 years of financial management for both public and private firms including 10 years in leadership positions for SaaS companies. At FinovateFall 2012 Actiance debuted Socialite , a tool that helps banks stay compliant while using social media. million in 3 funding rounds.