Donald Trump credits social media with a key role in his upset victory in the US presidential election and may continue to use it once he takes office, though he plans to be more circumspect. “I’m going to be very restrained, if I use it at
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It’s podcast time. In this week’s show, the Internet in South Africa turns 25. We look back at how Mike Lawrie helped establish the first Internet protocol connection to the US. Also this week, FedGroup’s interesting new
Twitter can’t seem to go more than a week without a belly flop. The company’s top priority is adding users, but it hasn’t lured many of them. Revenue shifted from perky to pokey. One potential buyer after another ran screaming from
America just endured its first presidential election in which the majority of the electorate got its news from social media. And the outcome is already prompting soul searching by the companies that shaped it. Facebook will have to contend with mounting dissatisfaction
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One thing about the 2016 US presidential race is undeniable: Donald Trump has lied or misled at an unprecedented level. Over 70% of his statements, according to Politifact, are “mostly false”, “false” or “pants on fire false”. (Hillary Clinton is at 26%.) His latest whopper
Snapchat will seek to raise as much as US$4bn in its planned initial public offering, according to people familiar with the matter. The IPO could value Snapchat at about $25bn to $35bn, the people said, asking not
Twitter, struggling to find new users, will need to rely more heavily on its live video streaming strategy after top potential bidders were said to have lost interest in making offers amid pressure from their investors. Twitter once saw interest
Talk of a Twitter buyout has been rampant in recent days, with companies including Salesforce.com, Walt Disney and Google all reported to be considering bids. While the search giant hasn’t officially confirmed its interest, analysts at Cantor Fitzgerald & Co say Google’s
Google is working with a financial adviser to consider a potential bid for Twitter, as the social media company continues to explore a sale, according to a person familiar with the arrangement. In tapping Lazard, Google hasn’t indicated it will definitely