Facebook and Twitter launch World Cup hubs. General Assembly to offer free lessons on how to build Tumblr themes. These stories, and more, in today’s Morning Social Media Newsfeed.
Zuckerberg: Moving Fast ‘Gets Us into Tons of Trouble’ (Mashable)
One of Facebook’s core values, Move Fast, isn’t always successful for the company. “It gets us into tons of trouble,” CEO Mark Zuckerberg said during an interview at TechCrunch Disrupt, a technology conference held in San Francisco, on Wednesday. The sentiment, however, encourages employees to try out new things and see what works with the Facebook audience, a trait that Zuckerberg says is important for innovation.
Last night, Tumblr founder David Karp appeared on The Colbert Report. Asked about pornography on Tumblr and the NSA’s surveillance dragnet, Karp argued much more assertively for the rights of porn producers than for users who want to keep their information out of the government’s hands.
The New York tech scene, dubbed Silicon Alley, has gotten a lot of PR of late, with hot companies like MakerBot, Tumblr, Etsy and Foursquare and the high-profile venture firm Union Square Ventures. But it wasn’t until today that it produced a billionaire founder.
Today, Versagram released its second app, Stilly, which lets users record animated GIF and post it to Tumblr or send it by SMS or iMessage.
Foursquare Licenses Trickling Firehose of Check-in Data to Gnip (SocialTimes)
Foursquare has tapped the social data reseller Gnip to be the exclusive distributor of its check-in data, the companies said on Thursday. Each time a Foursquare user checks in, Gnip will see the name of the venue the time of day and the gender of the user.
Vast Oklahoma Tornado Kills at Least 91 (The New York Times)
Emergency crews and volunteers continued to work through the early morning hours Tuesday in a frantic search for survivors of a huge tornado that ripped through parts of Oklahoma City and its suburbs, killing at least 91 people, 20 of them children, and flattening whatever was in its path, including at least two schools. Much of the tornado damage appeared to be in the suburb of Moore, where rescue workers struggled to make their way through debris-clogged streets and around downed power lines to those who are feared trapped under mountains of rubble.
Yahoo has agreed to buy Tumblr for $1.1 billion. Yahoo said in a press release that they “promise not to screw it up,” explaining that Tumblr will be operated as an independent business and that David Karp, the company’s founder will remain CEO.
Still, the two companies will work together in some ways. Here are some details about how from the press release:
Tumblr can deploy Yahoo!’s personalization technology and search infrastructure to help its users discover creators, bloggers, and content they’ll love. In turn, Tumblr brings 50 billion blog posts (and 75 million more arriving each day) to Yahoo!’s media network and search experiences. The two companies will also work together to create advertising opportunities that are seamless and enhance the user experience.
As part of the news release, Yahoo revealed that Tumblr has more than 300 million monthly unique visitors and signup about 120,000 people every day. In addition, Tumblr gets about 900 posts per second, users spend 24 billion minutes on the site per month and more than half of Tumblr’s users use the site’s mobile app.
Yahoo’s board met today and agreed to acquire Tumblr for $1.1 billion in cash, according to AllThingsD.
An Arrest in Boston Blasts? Depends Which Network You’re Watching (TVNewser)
Around 1:30 Wednesday afternoon, CNN’s John King went on the air reporting from one of his sources that a suspect in the Boston blasts has been identified. Fox News’s Catherine Herridge reported the news moments later: “Fox confirming that the feds have an image which would suggest that a suspect at that second bombing site.”