Have you ever stumbled back to your dorm drunk, with one shoe on, both socks missing, someone’s hat on your head, and marker covering your face? Have you ever witnessed a drunk and sloppy friend embark on his homeward adventure, concerned, and eager to call him later to ensure he arrived safely?
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China's Twitter Twin
Last Thursday (April 17) Weibo (WB), a premier Chinese social media company, began trading on the NASDAQ. Weibo’s social media app is widely considered to be the “Chinese” version of Twitter (TWTR). Most interest in Weibo’s IPO stems from investor concern over future Chinese listings on American exchanges. For many prospective investors, Weibo is considered a case study meant to reflect the success of Alibaba’s future IPO.
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Practice Safe Text
Mark Cuban continues to expand his already impressive portfolio by entering the social media market with a new iOS messaging app, Cyber Dust. The billionaire has invested heavily in the development and promotion of Cyber Dust, describing the app as a combination of Snapchat and WhatsApp. However, unlike Snapchat, Cyber Dust focuses on providing users a secure mobile messaging experience.
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Never Leave Your Wingman
Ever wanted to join the mile high club? There’s an app for that and its name is Wingman: a new application that aims to be the “Tinder of the skies.” The apps’ purpose is to connect people that are at the same airport, or even on the same flight (for better or for worse). The application is still in its beta stage, but is supposed to have a design similar to that of Tinder.
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3D-Farmville... & Drones?
Facebook (FB) continued its massive spending spree a few weeks back, purchasing Oculus VR, a technology company that specializes in virtual reality, for $2 Billion. This acquisition occurred a mere few months after Facebook purchased messaging service WhatsApp, for $19 Billion.
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What's Up With WhatsApp?
In an unprecedented move that shocked many in the financial world, social media powerhouse Facebook (FB) has purchased WhatsApp, the popular social messaging app, for an astonishing $19 Billion. Yes, that’s billion with a ‘B;’ the acquisition will cost Facebook an estimated 10% of their outstanding shares.
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