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Twitter in talks to buy online music firm SoundCloud

According to Finacial Times, Twitter Inc is set to buy Berlin based SoundCloud, a social platform for creating and sharing original audio sounds with friends or to blogs and other social networks. http://technewsrprt.com/wp-content/uploads/2014/06/06.05.14_technewsrprt.com_twitter-soundcloud.jpg SoundCloud is a platform that enables people to upload, record, promote and share their music and other audio files. The company has… Read More »

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Twitter Shares Plummet 23% On Market Opening

Twitter has lost almost a quarter of its value after shares plummeted on the market opening in New York. Around £6bn was wiped within minutes of trades commencing. The dramatic loss comes after investors sold shares over fears of its long-term profit making ability. Late on Thursday it revealed a full-year 2013 loss of $645m… Read More »

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Facebook buys Indian tech start-up Little Eye Labs

In what marks its’ first acquisition in India, Facebook has acquired Bangalore-based startup, Little Eye Labs. Little Eye Labs builds mobile app analysis tools for developers and testers to help analyze data of the behavior of the app, including how much power, data and memory that an app is using which makes it a major… Read More »

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Twitter to be available on mobile phones without Internet

Twitter Inc is tying up with a Singapore-based startup to make its 140-character messaging service available to users in emerging markets who have entry-level mobile phones which cannot access the Internet. U2opia Mobile, which has a similar tie-up with Facebook Inc, will launch its Twitter service in the first quarter of next year, Chief Executive… Read More »

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Mass hack affects almost 2 million Internet accounts including Facebook, Twitter, Google and LinkedIn

The passwords of nearly two million Facebook, Twitter, Gmail and LinkedIn users have been stolen in a massive hack that has occurred over the past month. Researchers at a cybersecurity company called Trustwave have found that a virus is capturing login details for some of the internet’s biggest websites including Facebook and Gmail, reports CNN… Read More »

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App Spotlight: GrowSocial

We had a chance to talk to Mathias Opdal Weseth, founder of PushApp about their new app . Take a look at the Q&A session. Please tell us a bit about PushApp. PushApp is a small Italian app factory, a collective of designers, developers, SEO specialists, creatives and communication experts. The company is specialized in… Read More »

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Twitter declines 7% as market-debut share rally wears off

Twitter Inc. fell 7.2%, erasing some of the euphoria that caused shares of the short- messaging site to almost double at their market debut. Twitter, which raised $2.09 billion in its initial public offering this week, declined to $41.65 at the close in New York from Friday’s $44.90. Friday marked the company’s first full day… Read More »

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Twitter hit with $124 million lawsuit over private stock sale

Twitter Inc was sued for $124 million on Wednesday by two companies claiming the social media darling fraudulently had them organize a private sale of its shares to stoke investor interest for an initial public offering then canceled it. In a lawsuit filed in U.S. District Court in Manhattan, Precedo Capital Group Inc and Continental… Read More »

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Twitter goes for more eye-catching look

Twitter was born in 2006 as a stream of SMS text messages. Before going public in 2013, it’s now reveling in images. The company tweaked its design Tuesday to favor image- and video-sharing by showing visual media directly within the Twitter timeline. Users previously had to click on a tweet to view the embedded multimedia…. Read More »

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Twitter to buy mobile ad exchange MoPub

In what is set to be the largest deal in its history, Twitter Inc. has agreed to acquire mobile-advertising exchange startup MoPub Inc., in a deal that adds real-time bidding to the microblogging service’s ad platform. According to reports, Twitter paid about $350 million in stock for MoPub. The deal was disclosed in blog postings… Read More »

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