Social giant Facebook is in discussions to acquire mobile navigation service Waze, according to people familiar with the matter. The purchase price has been reported by some outlets as high as $1 billion, which would rival the amount Facebook paid last year to purchase mobile photo-sharing service Instagram. The Waze acquisition would provide Facebook with the opportunity to efficiently deliver local ads and content to its 1.1 billion users. Continue reading Facebook in Talks to Purchase Mobile Navigation Startup

The theme for Disney’s presentation during last week’s Digital Content NewFronts in New York City was “the art of interactive storytelling.” Disney Interactive announced 10 new online original series and the forthcoming “Story” app that helps parents share user-generated stories online. The company also promoted its successful YouTube ventures and a music deal with Vevo. Continue reading Digital NewFronts: Disney Interactive Announces New Series

Following three years of partner testing, Twitter has announced the general availability of its advertising services for U.S. businesses. Kevin Weil, Twitter’s senior director of product for revenue, made the announcement on stage yesterday during the TechCrunch Disrupt conference in New York City. The launch of Twitter Ad services could increase company revenue in preparation for an anticipated IPO. Continue reading Twitter Ads Service Now Available for All U.S. Businesses

Google has joined a consortium of technology companies that plans to make online accounts more secure. The FIDO Alliance, which was founded in part by Lenovo and PayPal, launched a set of technology standards earlier in the year that could reduce reliance on passwords. The group hopes hardware can have more of a role in authenticating users, and has been working on different ideas such as security chips and voice recognition. Continue reading Google Joins FIDO Alliance: Hopes to Replace Passwords

Beverage giant Coca-Cola has unveiled its multi-year initiative called “The AHH Effect,” produced with ad agency partner Wieden+Kennedy. The campaign will leverage the trend of mobile becoming a first screen for younger demographics and eventually plans to include dozens of digital games and other “snackable” digital experiences. The initiative also marks the first all-digital campaign for the company and a new approach to marketing. Continue reading Coca-Cola Goes All Digital with Focus on Teens and Mobile

Facebook announced this week a partnership with Santa Clara-based Rovi Corporation that will integrate the Rovi Video digital entertainment service into the social platform. Rovi’s database of TV shows, movies and celebrity information will be integrated with Facebook profiles, allowing users to share details of content they like. The partnership comes following Facebook’s Timeline update, which includes the ability for users to tell friends what they were watching. Continue reading Facebook Teams with Rovi: TV and Movies Get More Social

If its large asking price is met, Facebook could turn its anticipated video-ad units into a more-than-$4 million daily business right from the start. While all the details are not yet finalized, Facebook has been trying to sell agencies on the idea, attempting to secure accounts for the first slots which are to be available in June or July, according to executives. While the price tag is a concern, there is also a question regarding the possible backlash from users. Continue reading Facebook Pursues Agencies to Launch Video-Ad Business

Online music startup Shuffler.fm is expanding with the launch of its own online music video service. ShufflerTV curates popular videos from leading online music magazines and blogs to provide users with continuous streaming music videos via individual stations. The new system also allows users to skip songs, preview what’s next on their playlists, subscribe to stations, and share favorites through social media including Facebook and Twitter. Continue reading Shuffler.fm Launches New Online Music Video Channels

Jenna Mourey, better known as Jenna Marbles, has reached over one billion views on her YouTube channel. The 26-year-old digital entertainer has developed an impressive following of fans (especially teenage girls) with her collection of five to eight minute videos. As she rants, performs impressions, creates parodies and pokes fun at celebrities, she may also end up becoming a pioneer of a new genre of online entertainment. Continue reading Jenna Marbles YouTube Channel Draws One Billion Views

Twitter launched a standalone music app this weekend for a handful of “influencers.” The app, expected to be publicly available in a week, uses technology from music discovery site “We Are Hunted.” The Australian startup has been working with the social media giant to create an app called “Twitter Music,” which suggests music based on which accounts a user follows, and offers new tracks from favorite artists and up-and-coming musicians. Continue reading Twitter Music: New App Powered by We Are Hunted Site

The team behind DJ-focused music service Turntable.fm debuted a new smart-radio service called Piki last week that offers a new take on music discovery. Unlike other streaming music sites such as Pandora, Piki creates playlists based on what your friends are currently listening to. Other developers like Rdio and Fuzz have created similar services, but have yet to make a significant impact. Continue reading Music Streaming App Piki Lets Friends Pick Music for You

With Internet users posting an increasing amount of information online, the question has arisen regarding what happens to that data once an individual passes on. Google may now have an answer with its new Inactive Account Manager. With this technology, users of any Google service can set a time to delete their “digital life” or send selected elements to a person of their choosing, after the account or accounts become permanently inactive. Continue reading Google Creates Manager for Permanently Inactive Accounts

Reed Hastings announced on his Facebook page yesterday that Netflix subscribers viewed 4 billion hours of video during the first quarter. Media analyst Richard Greenfield of BTIG Research suggests that subscribers are viewing an average of 87 minutes of streaming content per day via the video-on-demand service, up from 79 minutes in June 2012. “Netflix is now likely the most-watched cable network,” said Greenfield. Continue reading Netflix CEO Says 4 Billion Hours of Video Streamed in Q1

A group of academics, business executives and journalists recently gathered at the MIT Media Lab to discuss the concept of Data-Driven Societies. Alex Pentland, a computational social scientist at the Media Lab and a leading mind in the area of Big Data, hosted the meeting and discussed how increasing amounts of important information are becoming readily available on vast scales and are often all about consumer behavior. Continue reading Meeting of the Minds: Discussion on Data-Driven Societies

Facebook has created a new way to use ads that appeal more directly to its users. Through third party marketers, the social media site will use offline information in order to show advertisements that cater to a user’s specific interests. Even though personal information will reportedly stay secure, the approach is raising concerns regarding whether or not Facebook is trying to collect too much information from consumers. Continue reading New Facebook Ad Strategy May Cause Privacy Concerns