Social Networking

Class action against Facebook attracts 60,000 users

An Austrian law student said his class action challenging Facebook (FB.O) for alleged privacy violations had gathered support from 60,000 users and passed its first legal review.Max Schrems, who already has a case involving the social network pending at the European Court of Justice, is claiming damages of 500 euros ($663) per user from U.S.-listed Facebook. The $195 billion company has 1.32 billion active users.


Medical imagery app Figure 1 gets CA$ 4 million in Series A

Toronto-based startup Figure 1 raised CA$ 4 million in Series A from its investors including Rho Canada Ventures, Union Square Ventures, and Version One Ventures.

JD.com to sell Microsoft's Xbox One games console in China

JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.

After beating Google, Korea's Naver goes global with messaging app Line

The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where the U.S. search engine does not dominate.


Latest News

Twitter is considering a shake-up in its top management, including a possible shift in the duties of Chief Operating Officer Ali Rowghani, technology news site Re/code reported, citing sources familiar with the matter.
Facebook Inc is expanding the internal user profiles that underpin its targeted advertising system, for the first time including personal information based on activities that did not occur within the boundaries of its social network.
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.
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
Turkish telecoms watchdog BTK said on Friday it had not yet received a ruling by Turkey's top court ordering the removal of a two-month block on video-sharing website YouTube
Twitter Inc's messaging service will have close to 400 million global users by 2018, mostly in Asia, Latin American and the Middle East, consulting firm eMarketer estimated on Tuesday, far short of the 1 billion once expected.
Facebook Inc has changed a privacy setting on its social network, limiting the audience that sees new users' first posts in a reversal of a feature that had critics said forced people to over-share personal information.
Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.
Facebook Inc is developing its own video-chat app, known internally as Slingshot, after its failed attempt to acquire mobile messaging startup Snapchat, the Financial Times reported on Sunday.
Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards based on various themes such as...
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