In mid-June 2012, when the big Internet players revealed their cards in the highest stakes game in Web history, the best Africa could come up with was four predictable geographic generic top-level domains, namely .joburg, .durban, .capetown and .africa. There were also a few applications from our pals over at
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PicPlz, a competitor to photo-sharing service Instagram, has told users it will be shutting down its service at the beginning of next month and deleting all images off its servers. Users can download their images before 3 July. In a post on its website, PicPlz says a decision has been taken “to move on
Amid rumours that Facebook is considering building its own smartphone and is looking to acquire facial recognition service face.com comes another and arguably more sensible bit of speculation. Facebook is said to be looking to acquire Opera Software in
Shares in Facebook fell sharply shortly after markets opened in the US on Monday, falling by more than 13%, below Friday’s listing price of $38/share, as investors fretted about the company’s ability to grow as quickly as the high listing valuation demands. The share, which seesawed in its first day
On Friday, social network Facebook will list on Wall Street in the third largest initial public offering (IPO) in US history and the largest in the technology sector. The initial share price is set at US$38 and, with 421m shares being listed, the move will make
Apple is set to release a major update to its cloud service, iCloud, that will include new features for sharing images and may be positioned to compete with Instagram, the social photography service that was recently acquired by Facebook for US$1bn in cash
Facebook knows one of the biggest challenges it faces is monetising its mobile platforms and so it’s gradually overhauling them to do just that. When it originally filed its S-1 documents ahead of its listing on the stock market, Facebook conceded that its inability
Facebook’s amended US Securities & Exchange Commission documents filed on Monday revealed the social network is bigger than ever — 901m monthly active users, to be exact. At this rate of acceleration (there were 845m active users just a couple weeks ago), Facebook will have 1bn monthly active users strong before you know it
Lorne Gladstone of Toronto is 58, but prudently pondering how to bequeath his digital property. Doing the paperwork after his parents’ death was a challenge. “When my time comes, I wonder if my children will even know what paper is,” he says. As a software developer, his virtual assets are both valuable and vital to his business. That
Social network giant Facebook is allegedly targeting 17 May as the potential date for its initial public offering, according to a TechCrunch report that cites unnamed sources familiar with the company. The IPO date might be off depending on how much time federal regulators need