media space
Facebook, Google and Twitter: Three distinctly different approaches to China
thenextweb.com
As the social media space in Western markets edges closer to the point of saturation, the Internet’s top firms are tightening their focus on emerging markets where they can continue to grow their user bases, activity and revenues. With a population in excess of 1.3 billion, which makes it the...
Confirmed: Canadian VC Firm OMERS Ventures Takes $20M Stake In HootSuite at $200M Valuation
techcrunch.com
AllThingsD has reported, and we have now confirmed, that OMERS Ventures, a Canada-based VC, has taken a $20-million investment in HootSuite, the social media management platform, valuing the company at around $200 million. The investment will be coming from purchases of equity from HootSuite’s existing shareholders. These include employees as...
Social media ad spending in the US to reach $9.8 billion by 2016: Report
thenextweb.com
That spending on social media advertising is on the rise should be a surprise to absolutely no one, but research firm BIA/Kelsey is putting a ring number on it. In the United States, BIA/Kelsey says, ad spending on social networks is expected to grow at a compound annual growth rate...
How RocketSpace Is Building A ‘Hit Factory’ For Tech Startups
techcrunch.com
RocketSpace, the San Francisco co-working space for tech and new media startups, has attracted a strong set of tenants in the 14 months since it first opened its doors. Uber, Zaarly, Giftiki, Spotify, and GeekList are just a few of the more than 100 companies who have called RocketSpace...
This brilliant TED video explains China's Internet censorship regime
thenextweb.com
China’s social media space is an altogether alien place for anyone who lives on a diet of Facebook and Twitter — both of which are blocked — or Google, which has a controversial relationship with authorities in the communist country. As regular readers of The Next Web (and our Asia...
GigaOM acquires paidContent
www.guardian.co.uk
Guardian News & Media to take minority stake in US media and technology network as part of sale for undisclosed sumThe digital media news website paidContent has been acquired by the US media and technology network, GigaOM.Guardian News & Media confirmed on Wednesday that paidContent had been purchased by GigaOM...
Revealed: How Twitter’s secret offer for Instagram made Facebook pay $1B
venturebeat.com
The secret details of the $1 billion deal between Facebook and Instagram are more convoluted than anyone thought. VentureBeat has learned that Instagram chief executive and co-founder Kevin Systrom first got an offer and a term sheet from Twitter, then shrewdly doubled the value of his young company by...
Localized Microsoft WP7 surfaces 2 days before China launch, looking less than local
thenextweb.com
Microsoft is all set to launch its Windows Phone 7 operating system (OS) to China on March 21 but, there is a surprise, as the ‘localized’ handset isn’t looking particularly local. According a hands-on look at the HTC Triumph, China’s first WP7 phone, from WPDang [Chinese] — translated by WPSauce...
Amazon brings Instant Video app to iPad. Android next?
gigaom.com
Amazon’s push to rival Apple in the digital media space took another step forward on Wednesday with the release of an Amazon Instant Video app for iPad, as noted by 9 to 5 Mac. The free software, found in the iTunes App Store, can play back all 120,000 titles in...
Online Fraud Detection Startup 41st Parameter Raises $13M From Kleiner Perkins And Others
techcrunch.com
Fraud detection company 41st Parameter has raised $13 million in Series D financing from Georgian Partners, Kleiner Perkins Caufield and Byers (KPBC), Norwest Venture Partners (NVP) and Jafco Ventures. This brings 41st Parameter’s total funding to $38 million. 41st Parameter provides companies software, called FraudNet, for detecting and preventing fraud...
The Hunt For An ‘Instagram For Video’ Is On, And Socialcam Is Aiming For The Crown
techcrunch.com
By all accounts, Y Combinator’s latest Demo Day held last month for its Winter 2012 class was a biggie. With 66 companies presenting their apps, it was pretty impossible to name a startup that was the clear star of the group. But judging from the industry and investor buzz...
Back up a second: YouTube isn't pumping a further $200m into original content
thenextweb.com
Tuesday saw the Wall Street Journal raise eyebrows when it reported that YouTube was set to invest a further $200 million into beefing up its professional content push, just two months after putting an initial $200 million into its ‘channel’ strategy. That cash injection would reflect a serious “doubling down”...
No, We're Not In A Social Media Bubble
www.readwriteweb.com
Last in a five-part series. In 1997, Scott Cherkin was the tenth employee and first salesperson hired by theglobe.com. Cherkin, now an executive vice president with Complex Media, remembers the company's initial public offering, a year-and-a-half after he joined the company. At the time, theglobe.com had $15 million in...
Fan interaction service Audingo raises $3 million in angel funding
thenextweb.com
Austin, Texas based startup Audingo has raised $3 million in angel funding, the company announced today. As you may know, its service lets celebrities post messages for their audience. From the fans’ perspective, it means that they can listen to these messages in the personality’s own voice – through a phone call,...
DEV, NYC’s New Seed Fund For Digital Media Startups, Announces First Investments
techcrunch.com
Here comes money for media startups: former MediaNet CEO Alan McGlade and VC Michael Yang are announcing the launch of a new NYC-based firm called DEV (Digital Entertainment Ventures) whose early stage capital fund which will invest in next-gen digital media companies. To kick off its launch, DEV is today...
An Incubator Just For Media Startups: Turner’s Media Camp Accelerator Gets Underway
techcrunch.com
Earlier this spring, Turner Broadcasting announced that it would be launching an incubator, called Media Camp, specifically for startups in the media space. In March, it put out a call for applications, looking to find some startups to join its 12-week program. Now, after an extensive search, it’s ready to...
How AOL Squandered WinAmp
techcrunch.com
It’s always nice to plop down to a big bowl of hot dog food and read about how the company you work for (ostensibly and/or on paper) squandered one of the most recognizable brands in PC history. As you’ll recall, the turn of the century was a time of great...
WhoSay Raises $12 Million For Celebrity Content Management while Teasing Direct to Fan Publishing
pandodaily.com
Celebrity-focused social media management platform WhoSay has raised $12 million in Series C financing led by Comcast Ventures, with participation from existing investors Greylock Partners, Amazon and High Peaks Ventures participating, as well as Chinese social media portal Tencent. WhoSay was launched in 2010 within CAA, a talent mega-agency,...
How Google Helps Fuel A Cesspit Of Conflicts Among Web Ad Buyers (GOOG, WPPGY, IPG, OMC, PUB)
www.businessinsider.com
The incentives Google gives to ad agencies who buy media space on its properties are, in part, fueling a cesspit of conflicts of interest among those agencies, and hurting clients as a result, to hear the trade press tell it. Ad Age, DigiDay, and TechCrunch normally treat adtech executives like...
3-D motion company Leap Motion scores former Apple VP as COO and President
thenextweb.com
San Francisco-based Leap Motion, which specializes in 3-D motion control software, has announced a significant hiring today. Its new COO and President is former Apple VP and General Partner at Highland Capital, Andy Miller. Miller will be joining the team next month to help market the company’s first product, the...
The Whole World May Be Listening But That’s No Longer Enough
techcrunch.com
This is a guest post Erin Galad is CEO of social media management system tracx. He argues that social media monitoring and measurement is a booming business but merely listening to audiences is one-dimensional and ineffective. Rather like the little Dutch boy who held his finger in a dike and...
Samsung’s iTunes competitor: Not new, but improving
gigaom.com
Perhaps you’re read the news on Tuesday that Samsung has launched Music Hub on its new Galaxy S III in five countries. The service is touted as the “first completely integrated, all-in-one mobile music service” as it offers a 19 million track library from 7digital for purchases and unlimited streaming...
Social Media Is Worth the Investment, Say Indian CIOs
www.pcworld.com
Last week, Gartner claimed that half of enterprises are wasting money on social media. But Indian CIOs who are bullish on the social media space vehemently defend their digital marketing spends by claiming that it does indeed link back to measurable business outcomes....
This Facebook Critic Is Rooting for Facebook on Friday
www.readwriteweb.com
On the eve of Facebook’s initial public offering, and two weeks after writing a five-part series that tried to answer the question of whether we’re in a social media bubble, the most striking thing to me is how divided people are on whether these astronomical values and this unlikely craze can be sustained....
Oracle Bets Big on Social Message Management, Acquires Vitrue
www.readwriteweb.com
There's a belief (which, for some, has metastasized into a desperate hope) that how you say something online, not so much what you say, directly translates to whether you'll read it. Today, a corporation that's notorious for never changing the way it says anything, announced it's acquiring a company whose...
This Company Has Launched Three Startups In One Week
www.businessinsider.com
The Los Angeles-based accelerator Science launched its third product today: a monthly subscription service Wittlebee, which will sell boxes of children's clothing. The product may not seem all that new or interesting impressive, but the pace at which Science has been launching new companies is pretty amazing: three in the...
Ex-MediaNet CEO Has a New Seed Fund for Digital Media Startups
www.betabeat.com
Mr. McGlade (linkedin.com) New York is arguably the biggest media hub in the world, and if Mayor Bloomberg has anything to say about it, it's also a tech haven worthy of rivaling the Valley. So naturally, along with the host of media-related startups that have been cropping up across the...
Social Media Ad Spend: 89% On Facebook, 39% On Twitter & 18% On Google+
marketingland.com
Strata reports on where advertising agencies plan on spending their money within the social media space. The breakdown probably comes as no surprise, with 89% of agencies saying they are planning on spending ad dollars with Facebook, while only 39% plan on using Twitter, and 18% plan on using... Please...
Don't be one of these 5 Facebook personalities
thenextweb.com
There are so many users who use Facebook to document their lives, offer informational tidbits or to touch base with long-distance friends and family. Fortunately, most Facebook patrons manage to navigate this social media space extremely well. Inevitably, however, there are users that don’t. Let’s take a look at those...
Dentsu-acquired Aegis to pay $86m for Chinese digital advertising shop Catch Stone
thenextweb.com
Aegis Group, the British marketing firm that is in the process of being acquired by Japan’s Dentsu for $5 billion this month, has announced that it has agreed a deal to buy China’s Catch Stone for an initial consideration of $86 milllion (550 million RMB). The deal sees Aegis gain ownership...
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