Tag Archives: Facebook

Three former Social Capital partners are reportedly raising a $200M fund

This story is developing. We’ve reached out to the firm for comment. Tribe was said to be focusing on cryptocurrency and blockchain startups, recently leading the $22.7 million round for crypto trading platform SFOX. Though The Wall Street Journal is reporting today that capital from the fund will be deployed across multiple industries. former Facebook executive Chamath Palihapitiya‘s venture capital firm Social Capital, which has been bleeding partners as of late — so much so that the firm has removed the page on its website that listed its […]

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Chelsea Manning to discuss Cambridge Analytica during London visit

The whistleblower will speak in October at the Institute of Contemporary Arts dinner disclosing classified government documents to WikiLeaks. In October, she will be the main guest at the Institute of Contemporary Arts dinner, which is being held in her honour. Quick guide Cambridge Analytica: the story so far Show Hide What services did Cambridge Analytica provide? The UK-based company, an offshoot of an American military contractor called SCL Group, offered electoral services to politicians across the […]

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The mass exodus at Social Capital continues

A series of departures continued this morning at former Facebook executive ‘s venture capital firm, with Mike Ghaffary, a partner since August 2017, announcing he was moving on to focus on angel investing. That’s just a day after Ashley Mayer, a partner and VP of marketing since 2015, said she was departing the firm to pursue “new adventures.” PalihapitiyaThe mass exodus began when Palihapitiya in 2011, joined Kleiner Perkins as a general partner last August. At the time, […]

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Is it time to remove Zuckerberg from (his) office?

A colleague, who shall remain nameless (because privacy is not dead), gave a thumbs down to a recent column in the NYT. The complaint was that the writer had attacked tech companies (mostly but not exclusively Facebook) without offering any solutions for these all-powerful techbro CEOs’ orchestral failures to grasp the messy complexities of humanity at a worldwide scale. Challenge accepted. The thought experiment: Fixing FB  We’ll start with Facebook because, while it’s by no means the […]

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Is it time to remove Zuckerberg from (his) office?

A colleague, who shall remain nameless (because privacy is not dead), gave a thumbs down to a recent column in the NYT. The complaint was that the writer had attacked tech companies (mostly but not exclusively Facebook) without offering any solutions for these all-powerful techbro CEOs’ orchestral failures to grasp the messy complexities of humanity at a worldwide scale. Challenge accepted. The thought experiment: Fixing FB  We’ll start with Facebook because, while it’s by no means the only tech company whose platform contains a bottomless cesspit of […]

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For IGTV, Instagram needs slow to mean steady

Instagram has never truly failed at anything, but judging by modest initial view counts, IGTV could get stuck with a reputation as an abandoned theater if the company isn’t careful. It’s no flop, but the long-form video hub certainly isn’t an instant hit like Instagram Stories. Two months after that launched in 2016, Instagram was happy to trumpet how its Snapchat clone had hit 100 million users. Yet two months after IGTV’s launch “It’s a new format. It’s different. We have to wait for people to adopt […]

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Facebook is getting in on the movie ticket battle royale

Mandatory Credit: Photo by Ben Margot/AP/REX/Shutterstock (9723065a) Entrance to AMC Bay Street 16 theater is seen, in Emeryville, Calif. AMC Theatres, the world's largest movie theater chain, on Wednesday unveiled a $20-a-month subscription service to rival the flagging MoviePass AMC Theatres-Subscription Service, Emeryville, USA – 20 Jun 2018Image: Ben Margot/AP/REX/Shutterstock In AMC‘s continuing quest to invigorate moviegoing and destroy MoviePass, the company has now joined up with Facebook to offer users another ticket-purchasing option, Deadline reports. Starting […]

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Facebook is getting in on the movie ticket battle royale

Mandatory Credit: Photo by Ben Margot/AP/REX/Shutterstock (9723065a) Entrance to AMC Bay Street 16 theater is seen, in Emeryville, Calif. AMC Theatres, the world's largest movie theater chain, on Wednesday unveiled a $20-a-month subscription service to rival the flagging MoviePass AMC Theatres-Subscription Service, Emeryville, USA – 20 Jun 2018Image: Ben Margot/AP/REX/Shutterstock In AMC‘s continuing quest to invigorate moviegoing and destroy MoviePass, the company has now joined up with Facebook to offer users another ticket-purchasing option, Deadline reports. Starting soon, Facebook users will have the option to buy tickets […]

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