Groupe BPCE, one of France’s largest banks, is teaming up with social network Twitter to allow its customers to transfer money via tweets.
The Russian internet giant Mail.ru has bought the remaining 48% stake in the country’s most popular social network VKontakte for $1.47bn in cash.
Google has acquired the startup Polar, which specializes in online polls, signaling that the search giant is still investing in its fledgling social network.
Facebook has reached out to some of Youtube’s biggest content producers and encouraged them to test distributing their videos on the social network.
Apple would be on the verge of announcing an acquisition of social network Path, possibly in a bid to restart a branded platform after the failure of Ping.
Facebook is testing a feature that lets advertisers sell products directly through ads they purchase on the social network.
In line with the social network’s Internet.org roadmap, Facebook retooled its Android user experience following on-the-ground testing and experimentation in Africa.
Twitter’s growth is sizzling in developing countries. But it is slowing down in the US and Europe, where the social network makes most of its revenue.
Facebook has acquired mobile-fitness application Moves, as the social network jumps into the increasingly popular fitness-tracking market.
Twitter took a significant step towards broaden its ad business by offering mobile ads urging people to install apps on its social network as well as through MoPub.