US social media giant Facebook entered the fitness arena with its acquisition of Helsinki, Finland-based mobile fitness tracking app maker ProtoGeo Oy for an undisclosed amount to beef up its mobile app portfolio.
Social Networking
SocialRank pockets $1 mln seed round funding to steal your Twitter followers
SocialRank bags $1 million in seed funding led by Vaizra Investments with other participants Advancit Capital, BOLDstart Ventures, Social Starts, Iowa City Capital Partners, and various angel investors.
Peel launches redesign of Android app: features algorithm hashtag detection of favorite Twitter TV show conversations
Peel launches new redesign of app today, which specializes in conversations around your favorite TV show on social media like Twitter.
US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
Foxconn's FIH pours $2.2M into Singaporean social media firm mig33
FIH, a handset manufacturing service provider of Foxconn, poured $2.2 million into Singaporean social media site mig33 to help the latter preload its apps into tens of millions of mobile phones every month.
Latest News
Tom Preston-Werner, the co-founder and president of San Francisco, US-based social coding network, stepped down from his position after former employee Julie Horvath claimed she experienced gender-based harassment and retaliation in the company.
Mountain View, US-based business-oriented social networking service LinkedIn already reached the 300-million mark in registered users worldwide, with half of that number coming from countries outside of its home country.
SpringCM announced raising USD18 million led by Goff Capital, Foundation Capital and Square 1 Bank. The announcement was made today adding that the funding round would be used to expand company operations in sales and marketing division.
Durham, US-based social media marketing startup Argyle announced through an email to its customers that it will shut down its operations on May 31 because it couldn't compete anymore with its rivals in the industry.
San Francisco, US-based social media conversation startup Talkwheel raised $1.2 million in funding from several angel investors to aggregate the conversations on the web in a visual map so businesses can monitor trending topics.
Helsinki, Finland-based corporate wellness startup HeiaHeia scored €1.5 million in its first funding round led by Wallstreet Financial Services for its international expansion, marketing improvement, and product development.
Twitter executives said that they had no plans to sell their holdings in the social media platform, reported Bloomberg.
Just days after he was forced to lift the ban he enforced on Twitter, Turkey Prime Minister accused the social media network of tax evasion, and implied that YouTube and Facebook might be violating the country's laws as well.
Madison, US-based fishing social network Fishidy won in Madishon's Pressure Chamber contest for local startups, which was hosted by the Madison Chamber of Commerce, and got a chance to attend a conference in Silicon Valley in June.
