Snapchat doesn’t make money. It is “kind of” private. It is incredibly addictive. It might be worth $4 billion by the end of this week.
Media cloud startup Loom opened its service to the public today after a few months in private beta testing.
Tencent, China’s largest web company, announced today that it has poured $448 million into rival Chinese search engine Sugou, a move that further consolidates China’s big Internet firms.
In perhaps the clearest sign yet that enterprise social media management tool HootSuite has major global ambitions, the company announced this morning that it is adding support for managing China’s most popular microblogging platform, Tencent Weibo, and Russia’s most popular social media network, VK.com.