Caller ID App Truecaller Is Raising $100M At A $1B Valuation

Screen Shot 2015-07-29 at 15.19.17 Communications apps that strike a chord with users across different markets are hot property these days, and it looks like another one of them may soon enter the so-called unicorn club. TechCrunch has learned that Truecaller — a caller ID app that now has 150 million users — is looking to raise around $100 million at a $1 billion valuation. We’re hearing that Truecaller… Read More

Facebook’s Playbook For Monetizing Messenger And WhatsApp

Messenger Business With 700 million users, investors are eager to see Facebook earn money on Messenger. But Zuckerberg put the brakes on those expectations today during the Q2 earnings call, explaining that Messenger and WhatsApp will run the same monetization playbook as Facebook and the News Feed: Get people organically interacting with businesses before you let companies pay to reach customers. Here’s… Read More

Amazon Now Lets Prime Users Pay Money To Easily Pay More Money Easier

Screen Shot 2015-07-29 at 1.54.19 PM Amazon Prime has become Amazon’s way of getting cool stuff into people’s hands quicker, to the tune of an annual $99 subscription. You can get packages faster, access video content and more. It’s definitely worth it. The latest Prime promotion allows members to get their hands on the Amazon Dash dongles, which let you order more of whatever item you want. For yet another… Read More

Yahoo Shows Off Its New Livetext Messaging App

Yahoo Livetext 02 Yahoo unveiled a new app today called Livetext, where users can send each other video and text — but no sound.
To get a sense of how it works, we spoke to Yahoo’s Arjun Sethi (formerly co-founder and CEO of MessageMe), and we had a short little livetext session. He also explained the opportunity he sees in taking the audio out of video messaging: Read More

Facebook forbidden from enforcing its ‘real name’ policy in Germany

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Facebook can’t stop users in Germany from using aliases, a German regulator ruled on Tuesday

The Hamburg data protection authority said Facebook cannot enforce its “real name” policy in Germany by changing a user’s chosen name to their legal name or demanding users hand over official ID

Under Facebook’s real-name policy, the social network can suspend reported accounts for using a name other than the one listed on a user’s official ID

In this case, the German regulator’s order followed a complaint from a woman who reported Facebook blocked her account after she used an alias, then eventually changed her chosen name to her legal name without consent. The woman reportedly used an alias on Facebook because she did not want to be reached with business-related requests Read more…

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Michael Lopp And The Future Of Engineering At Pinterest

michael lopp pinterest Michael Lopp’s job at Pinterest is to basically make sure he doesn’t have anything to do all day. As head of the company’s engineering efforts, Lopp, a compulsive counter who has been at Pinterest for a year and 30 days, has to ensure like the rest of the leadership that all of the teams building Pinterest are meshing and that he can effectively delegate certain tasks. Read More

Apple Music’s Strategy Is No-Paywall Premieres, Not Exclusives

apple-music-vault The idea of Apple Music struck fear in the hearts of listeners like me. The company had enough money to buy exclusives that could fracture and balkanize the world’s music catalog. The problem with exclusives on services like Tidal or Spotify is that only the tiny percentage of people who pay for their subscriptions can hear these songs when they want. It could have been the same… Read More

Twitter loses 2 top employees to YouTube and Dropbox

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The Twitter departures keep on coming

Twitter vice president of product management Christian Oestlien and product director Todd Jackson announced on Tuesday via — what else? — tweet they are both moving on to YouTube and Dropbox, respectively

I am thrilled to be joining @YouTube! I can’t wait to start work with the team and our partners building the future of video together.

— Christian Oestlien (@christianism) July 28, 2015

Excited for what’s next – joining @Dropbox to lead product and work alongside an incredible team!

— Todd Jackson (@tjack) July 28, 2015 Read more…

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Twitter Monthly Active Users Crawl To 316M, Dorsey: “We Are Not Satisfied”

twitter-balance Twitter reported that its monthly active user count has reached 316 million, up a paltry 15 percent compared to the year-ago quarter, and up from 308 million in the preceding quarter. The company indicated that it sees 80 percent of its monthly actives as monthly mobile actives. Its interim CEO, Jack Dorsey, addressed the lack of audience growth by saying this: Our Q2 results show good… Read More

Snapchat reportedly working on ‘special’ ecommerce product with Hearst

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Snapchat appears to be doubling down on ecommerce

The ephemeral messaging startup, which is valued at a reported $19 billion, is reportedly working on an undisclosed “special product” with Hearst Corporation, which publishes magazines including Esquire and Cosmopolitan, according to a Women’s Wear Daily report

Luke Crisell, the former editor in chief at womenswear retailer Aritzia and a recent Hearst hire, is said to be heading product development

If true, all signs point to Snapchat’s latest secretive product being ecommerce-related, given Crisell’s retail backgroundWWD cites sources who say Crisell is also interviewing fashion market editors to join his team Read more…

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