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“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

TechCrunch

Linktree’s latest funding will be used on tools that make social commerce easier. This is in partly because people have been spending more time on social media and e-commerce shopping during the pandemic. Linktree raises $10.7M for its lightweight, link-centric user profiles.

Social 265
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How Zenly made social maps cool again — and what’s next

TechCrunch

Zenly has always felt like the small social app that could become the next big thing. But it turns it Zenly is quietly becoming a social giant without anyone paying much attention — at least until now. I first covered Zenly back in 2016. This isn’t a social network. This isn’t another messaging app. This isn’t a utility.

Social 246
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8 major IT disasters of 2024

CIO

Microsoft in February launched an investigation of its Copilot AI chatbot after reports on social media of it taunting users who suggested they were considering suicide. And way back in 2016, Tay, an experimental AI chatbot Microsoft let loose on Twitter, voiced support for genocide and for Nazis. We sense a trend here.

Malware 204
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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

But the company later pivoted to create a social payments app. And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016. In other words, Circle will have plenty of capital on its hands if the merger goes through.

Company 361
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Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

Rec Room has been around for just five years (launched in 2016 in Seattle), and it has — at least for now — avoided the fast-rise/precipitous fall that has characterized so many other social gaming hits. There are some 12 million rooms on the platform already, Rec Room said.

Games 257
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How NOT to do Social Media Marketing (and 5 ways to get better at it!)

NeverFriday

Although she traveled some for work, Calveiro said, “If you break it down, a lot of the travel I was doing in 2016 was strictly for Instagram.”. Don’t have the resources for social media marketing? Reply and converse on social networks to boost your brand’s visibility. Check the ROI.

Media 157
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How Far has Face-Tracking Technology Come in 2016?

CTOvision

This is the technology behind Snapchat’s filters, impressive on mobile hardware, and it points to the most promising aspect of face-tracking technology: its implications for socializing in the digital sphere. Where do you think face-tracking technology will go towards the end of 2016? Leave a comment below!