Instagram is worth $35 billion

facebook-logoIn 2012, Facebook announced that it was buying Instagram for $1 billion. And since Facebook’s shares had declined by the time the deal closed, the actual value of the purchase was less than $1 billion. At that time it looked like Mark Zuckerberg had overpaid for the picture and video sharing site. Instagram wasn’t even being monetized and no one was sure how Facebook was going to make its money back.

Well, here we are in 2014. Instagram is extremely popular. Recently, it was announced that it had 300 million active users. Also Instagram tops the 284 million active Twitter subscribers. It also now runs ads. Yes, I would say that Facebook’s purchase of the site was a good idea at the time.
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All third party Snapchat apps have been taken off Windows Phone store

snapchatLast month, we heard reports about security concerns over Snapchat, mostly over third-party apps that are alternatives to the native Snapchat app.

Instead of going after the third-party developers directly, the service went after its own users, giving warnings when the social messenger detected use of a non-native app. After a warning, they follow up with a notice that user accounts will be locked if they do not stop using these third-party apps. The problem is that Snapchat does not have any official APIs for developers to use, so this leads to security issues. Seems mean to go after the users, but apparently their hands were tied.
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Samsung Rumored to Launch Apple Pay Competitor

Samsung

Back in September, Apple introduced their own smart mobile payments solution Apple Pay which give users the ability to pay thousands of stores across the United States using their iPhone 6 and 6 Plus.

According to a new report, Samsung is working on its own smart payment solution to counter Apple Pay. The report from Re/code suggest the Korean manufacturer is in talks with LoopPay, a payments startup. The report continues to mention that the new mobile payment solution will launch in the first half of 2015, citing multiple sources.

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Google+ Introduces One-click Auto Enhance for Videos

Google Plus

We all tend to make videos with our devices, and upload them to social networks. However, the conditions where we shoot the videos may differ and may require some editing before it’s ready.

If you’re a Google+ users, you be glad to know that Google has introduced one-click auto enhance feature for videos uploaded by a user, fixing things such as lighting, color, stability and more. The company mentioned speech enhancement is also coming soon.

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Steve Jobs Deposition Video Will Not Be Released

steve jobs

In the recent iPod trial against Apple, a video deposition of the late Steve Jobs was showing during the trial, the deposition was originally taken back in 2011, just six months before Steve Jobs passed away.

A number of major medial outlets, including Bloomberg, CNN and the Associated Press has requested that the video be released, and now the judge dealing with the case has ruled that it will not be released.

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Android TV Launcher Gets Bug Fix Update

android tv launcher

Google has released an update version of their Android TV launcher app, the latest version of the application comes with a range of bug fixes.

As well as unspecified bug fixes, the Android TV launcher update also bring a range of performance and stability improvements.

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Samsung ChatOn To Be Shut Down

samsung chaton

The Samsung ChatOn messaging service is going to be shut down next year, Samsung has officially confirmed that the service will be shut down on the 1st of February 2015.

Samsung will shot down ChatOn in every country expect the U.S. on the first of February next year, the company has not given an exact date on when the service will close in the U.S.

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Apple Increases Russian App Store Prices

apple-app-store

The other day Apple stopped selling its devices in Russia, the news came after major currency fluctuations in Russia, and now the company has increased its App store prices.

The prices of apps in the Apple App store has now been changed in line with the current exchange rate between the Ruble and the Dollar.

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Lumia Denim Update Brings 4K Video To Lumia Devices

nokia-lumia-icon2

Microsoft has announced that the Lumia Denim update will bring a range of new camera features to certain Windows Phone handset, including the ability to record 4K videos.

You will be able to record 4K video with a long press of the camera button on certain devices at 24 frames per second, and this will include the Lumia 930, the Lumia Icon and the Lumia 1520.

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Instagram Deletes Millions Of Fake Accounts

instagram

Instagram recently announced that they had hit 300 million monthly active users, the company also announced that they planned to delete fake or spam accounts.

The company has now deleted all of the fake and spam accounts, and a number of Instagramers, including some celebrities have lost a lot of followers.

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Apple Pay Could Be Headed To Europe Soon

Apple Pay

Apple Pay is only available in the U.S. at the moment, although it looks like Apple has plans to launch the service in the UK, Europe and some other countries in 2015.

A new job listing for Apple Pay at has been discovered, and the company is looking for someone to help them expand the service to Europe, the Middle East, India and Africa.

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