Author Archives: Melissa Stusinski
A new demographic breakdown by the Pew Research Institute shows that the majority of social media users live in the city and prefer Facebook as their main medium. The breakdown, which was based on a late 2012 survey, also showed that young adults are, unsurprisingly, the most likely group to use major social media. While internet users under the age of 50 are more likely...
LinkedIn announced its acquisition of Pulse Newsreader on Thursday for $90 million in cash and stocks. The transaction was 90 percent stock and 10 percent cash. The announcement is not a shock, as there were rumors of talks between the two companies for more than two weeks. LinkedIn stated that purchasing Pulse will help the site “be the definitive professional...
Twitter has acquired We Are Hunted, a small, three-person music streaming startup from Australia. The two companies announced the acquisition on Thursday. While details of the sale were not reported, it appeared to confirm the social network’s desire to become a hub for multimedia content distribution. The company’s founders were not allowed to reveal what...
