After spending years in the industry, Ivan Grekov saw an opportunity to make the shipping process easier, faster and cheaper.
Most Silicon Valley companies posted modest if any gains on lobbying expenditures in the second quarter, according to the official disclosure forms that firms from Facebook to eBay filed with the government at midnight.
8 Sweet Social Media Reactions to Royal Baby News (SocialTimes)
The newest heir to the throne — a boy — came into the world Monday at at 4:24 p.m. weighing 8 pounds, 6 ounces. The son of the Duke and Duchess of Cambridge was a trending topic on Twitter and inspired a great deal of fan art on Tumblr and Pinterest as well. On Facebook, there were more than 1 million global mentions of the royal birth. Here are a few of our favorite memes.
Twitter hosts a multimillion-dollar black market of fake accounts and fake followers, according to Barracuda Labs security firm. The study found 99,494 unique fake accounts and 1,147 users who had purchased fake followers. A thousand fake followers sells, on average, for $11, down from $18 a year ago.
Twitter Wins Round One in Spammer Lawsuit Battle (AllThingsD)
According to a document filed in U.S. District Court in San Francisco on Tuesday, the microblogging service settled ongoing litigation with TweetAdder, one of five defendants named in a series of lawsuits filed by Twitter in 2012. As a result of the settlement, TweetAdder and its employees agree to knock off a whole bunch of practices that aren’t kosher with Twitter’s terms of service.
EBay will begin allowing brands to target advertising to its users based on the data it collects about them, Stephen Howard-Sarin, the company’s head of digital display in North America, said at an advertising conference today, according to Ad Week.
Facebook Backs Same-Sex Marriage in Supreme Court Filings (AllFacebook)
Facebook joined the growing list of companies expressing their support for same-sex marriage, announcing in a post on its LGBTQ@Facebook page that it will submit briefs on the topic to the U.S. Supreme Court. The social network said it would post links to its filings on the LGBTQ@Facebook page when they become available.
Apple Hit By Hackers Who Struck Facebook (The Wall Street Journal)
Apple said Tuesday that some of its employees’ Mac computers were attacked by hackers, a rare admission for a company that has long touted its security over PCs running Windows software. The malicious code in the latest attack is believed to have been the same discovered by Facebook, which said on Friday that its employees’ computers were breached by hackers last month.
eBay is moving forward with the more visual design it first introduced in October. Today, more than 90 percent of eBay users based in the U.S. will see the new, personalized homepage as soon as they log into the site as the company rolls out the design to the rest of eBay’s users worldwide.
The social media sector took a hit this week with an average weekly loss of 3% as FB’s announcement of a new graph search failed to excite investors, sending the stock down 7% (though it is still up 11% in the three weeks of trading of 2013). Despite the negative week, the average return for the social media sector in 2013 is a gain of 5%. EBAY announced solid Q4 results (see below) and next week we will see notable earnings from GOOG, NFLX, and most importantly, AAPL, which has cast a cloud over the entire Internet and media sector during the past six weeks.