Facebook Is Planning to Invest on China's Xiaomi

Facebook CEO Mark Zuckerberg considered making an investment in Xiaomi ahead of the Chinese smartphone maker's $1 billion funding round last month, according to Reuters.

WhatsApp Hits 700 Million Active Users

Mobile cross-platform messaging service Whatsapp boasted 600 million users in August.  A mere four months later, it has hit the 700 million user mark. Acquired by Facebook for $22 billion in October 2014, Whatsapp now has the highest usership of any app in its messaging category, including Facebook’s Messenger.

The France international is confident that Madrid can win more silverware in the years to come after signing a contract extension at the Santiago Bernabeu side

Raphael Varane promptly set his sights on winning the Champions League again after penning a contract extension with Real Madrid.

IS BAYERN GREATER THAN THE THE CATALIAN GIANT?

Barcelona legend Johan Cruyff feels the Catalans will always be a bigger team than Bayern Munich.

Bayern and Barcelona have been two of the dominant forces of European football in recent years, with Bayern reaching three Champions League finals in the past five seasons, yet Cruyff believes the Camp Nou side will always be the bigger draw.

Snapchat worth $10 billion?

Snapchat, the wildly popular messaging app favored by young folks, has quietly raised new funds that bring its valuation to nearly $10 billion, according to a report in the Wall Street Journal. Citing "people with knowledge of the matter," the WSJ says venture capital firm Kleiner Perkins Caulfield and Byers and other investors have put in new funds that bring Snapchat to nearly $10 billion.

Facebook Worth 128 Times It's Profit?

After so many years of economic gloom, it’s nice to have some good news. On Thursday, such tidings came in the form of a surge in the valuation of Facebook, which climbed to more than $192bn in the wake of good first-quarter earnings. This means that, as of Friday morning, the social network is now worth more, at least on paper, than Toyota ($189bn), AT&T ($184bn), Coca-Cola ($180bn), Disney ($150bn) and even Bank of America ($164bn).

Facebook bigger than AT&T, Coca-Cola in market value

In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the company's $190 billion market value makes it bigger than such bellwethers as Coca-Cola and AT&T. It's not a member of the Dow industrials, but if it were, it would be larger than two-thirds of that index's 30 members.

Increase on Yelp Stock Price

Online local guide Yelp has appreciated remarkably over the last year, with shares gaining 80%. The company's key metrics have improved rapidly, and its focus on mobile should help it sustain that outstanding performance going forward. However, Yelp has raised a concern over the way Google lists search results, claiming the company gives preference to its own services. Will this hurt Yelp's growth significantly going forward, or should investors ignore this concern, given Yelp's mobile moves?

'Yo' Has Raised $1.5 Million At A $10 Million Valuation

Yo, the simple app that just sends a “yo” to your friends, has closed $1.5 million in seed funding with a $10 million valuation and is finally ready to talk about its investors. They include Betaworks, Mashable’s Pete Cashmore, and the founders of China’s Tencent, among others.

Instagram Is Already Bigger Than Twitter On Smartphones

This week, Mark Zuckerberg dropped the tidbit that Instagram has more than 200 million users, double the user base it had when Facebook acquired the photo-sharing service two years ago.

Pinterest Tacks On Paid Ads

Having succeeded in making scrapbooking a Web craze, Pinterest Inc. now has a new goal: to reinvent online advertising. The four-year-old digital scrapbooking website is preparing to launch ad sales in the second quarter with a bold pitch. Rather than Web ads that urge people to "click here!" or "buy now!," Pinterest wants to make artful Web ads that people actually love.

Line to Launch Kids Video App in Japan

Messaging app Line is branching out into video content in Japan, where it has announced plans for an app that caters to kids programming. The Bridge reports that the app — initially for iOS, an Android version is due in spring — will include over 1,500 programs from 28 animation series, including Doraemon, Pokemon, and Thomas and Friends.

Facebook Inc Expected to Bite Google’s Mobile Ad Market Share in 2014

The global ad mobile ad spending could increase by as much as 75.15 to $31.45 billion this year, according to e-Marketer, an independent market research firm providing insights and trends in digital marketing, media and commerce.

Pinterest Wants To Sell Ads For $2 Million

Pinterest's first advertising product isn't available just yet, but Ad Age reports the social network is asking for commitments of between $1 million and $2 million from marketers interested in buying ads on the platform.

Facebook Inc Created New Software Language “Hack”

On Thursday, Facebook Inc made an announcement that its developer has created a new language software called “HACK”. It’s all about innovation in technology, Facebook’s new software “HACK” is mainly designed to enable the software developers to program the interactive web pages faster and more effectively to avoid any system crashing errors.

Facebook Inc Inaugurates An Office In Indonesia

Facebook Inc has inaugurated its office in Indonesia, which is its fourth-largest market with 65 million registered users. A report from Daily Social reports that the social networker already has key executives on board in the Southeast Asian country, including a country manager, ‘growth manager,’ and engineers. However, physical presence in the region will help Facebook to boost its hiring and ramp up the dealings with the local community.

Yahoo’s Alibaba stake provides cash for more Tumblr-sized deals

Alibaba Group Holding Ltd. may give Marissa Mayer a $10 billion chance to accelerate her dealmaking. Since Mayer became chief executive officer of Yahoo! Inc. in July 2012, she’s focused on acquisitions of small companies, with the exception of Tumblr Inc. for $1.1 billion last year. While the Sunnyvale, California-based Web portal gained engineering talent with the three dozen deals Mayer struck, that won’t be enough to keep revenue from falling again this year, according to analysts’ projections compiled by Bloomberg.

Need To Send Money To Nigeria? Now You Can ‘Just Paga It’ Via Western Union

International money transfers via Western Union can now be received through Paga, the largest mobile payment service in Nigeria with over 1.2 million users, thanks to a new collaboration between both companies.

Chinese Internet Companies (Alibaba and Tencent)

China’s biggest e-commerce company may sell about a 12 percent stake in itself, according to a person with knowledge of the matter, making it an $18.4 billion offering based on the $153 billion average valuation of analysts, according to data compiled by Bloomberg. Tencent’s market value is $136 billion.

Got $1 Million? Pinterest Would Like to Sell You an Ad

Pinterest hasn't brought its ads to market yet, but it's swinging for the fences in terms of what it hopes to charge for them. The social-bookmarking company is asking for hefty spending commitments between $1 million and $2 million from prospective advertisers, and it's looking to price CPMs between $30 and $40, according to three executives briefed on Pinterest's ad pitch.