Very Social Network

The Meet Group's Director of Product to Speak at LTR Edition 10 on Wed 4th Aug

VSN - July 30 -

TOPIC: How The Meet Group Made Video Fun With Gamification

Sean is one of the people behind rolling out video at The Meet Group. Of course, The Meet Group is known for its great success with one to many video, and making video fun.

He was Senior Product Manager from 2017-2019 and leads the video monetization and gamification teams for all of The Meet Group's mobile apps.

Now he is Director of Product at The Meet Group. In the past he was Product Lead and Game Master at Kabam, working with studios such as Marvel, WB and Paramount to develop franchises such as the Godfather and the Hobbit into immersive free-to-play games.

Sean is deep into game design and video, and will help us get a better sense of how to get video right, and how it might evolve in our contexts, in his presentation.

LTR Edition 10 is on Wed 4th August starting 11:30am EST (New York). If you hold a full time leadership role at an online social community then you are welcome to join OSCA for free, and welcome to join LTR events for free. See the LTR Edition 10 overview, speakers and invite page here. Email mark@courtlandbrooks.com to RSVP for LTR. There are 80 places only.

LTR is kindly sponsored by RealMe, vPaaS by Meet Group, and Courtland Brooks

LinkedIn Is Already a $10B a Year Business for Microsoft

ENTREPRENEUR - July 30 - LinkedIn is already a $10B a year business as a subsidiary company. According to its earnings report for Q4, its subsidiary's income increased 46% compared to the previous year. This increase is thanks to the demand for advertising on marketing solutions which has grown 97% YoY. The advertising business on the social network exceeded $1B for the first time.

See full article at Entrepreneur

See the top news on LinkedIn

Spotify's Clone of Clubhouse Tops 140K Installs on iOS, 100K on Android

TECH CRUNCH - July 30 - Spotify's recently launched live audio app and Clubhouse rival, Spotify Greenroom. The new Greenroom app has only been downloaded a total of 141K times on iOS. This includes downloads from its earlier iteration, Locker Room - an app Spotify acquired to make its move into live audio. On Android, Google Play data indicates the app has been installed over 100K times.

by Sarah Perez
See full article at Tech Crunch

See the top news on Spotify

Twitter Shuts Permanently Its New York, San Francisco Offices

NAIJA NEWS - July 30 - Twitter has announced that the permanent closure of its New York City and San Francisco offices. The company decided in response to the latest Centers for Disease Control and Prevention (CDC) warnings about COVID-19.

by Richard Ogunsile
See full article at Naija News

See the top news on Twitter

AR-based Social Media Flam Raises $3.5M in Seed Funding

BUSINESS STANDARD - July 29 - Flam, an AR-powered social media, raised a seed funding investment of $3.5M. Flam launched its first consumer product called 'FlamCard,' which are printed videos that can be turned into AR Videos when scanned through the Flam app, which the Harry Potter movie conceptualized. Within 3 months of its launch, FlamCards have been scanned ~40M.

by Shivani Shinde
See full article at Business Standard

Stockholm-based Scapin' Raises €2.9M for Its Virtual Interactions Platform

EU STARTUPS - July 29 - Scapin', a new social communications platform for the virtual age, has secured ~€2.9M pre-seed funding in a round. Scapin's mobile-first product will allow anyone to create customized virtual spaces, fill them with virtual goods, craft artifacts to share with others, and ultimately hang out with friends or invite the public.

by Charlotte Tucker
See full article at EU Startups

Facebook Warns of Significant Slowdown in Sales Growth

REUTERS - July 29 - Facebook expects revenue growth in Q3 and Q4 to "decelerate significantly," sending the social media giant's shares down ~5% in extended trading. The company's total revenue, which primarily consists of ad sales, rose to $29.08B in Q2 from $18.69B a year earlier. The world's largest social network's revenue from advertising rose 56% to $28.58B in Q2. MAU came in at 2.90B, up 7% from the same period last year. Net income rose to $10.4B, or $3.61 per share, from $5.18B, or $1.80 per share, a year earlier.

by Elizabeth Culliford & Nivedita Balu
See full article at Reuters

See the top news on Facebook

Twitter Launches US E-commerce Pilot That Lets Users Shop From Profiles

TECH CRUNCH - July 29 - Twitter launch a pilot in the U.S. aimed at testing the potential for e-commerce on its platform. The company is introducing a new "Shop Module" that offers brands, businesses, and other retailers the ability to showcase their products to Twitter users directly on the business' profile.

by Sarah Perez
See full article at Tech Crunch

See the top news on Twitter

Hayi Launches to Create Stronger and More Connected Communities

ZAWYA - July 28 - UAE's latest social network app, Hayi, aims to decrease feelings of loneliness and isolation, increase ex-pat retention and provide general support to all neighborhood stakeholders by promoting positivity and a more connected, neighborly community. Hayi has already rolled out across 20+ neighborhoods in Dubai with ~6K verified app users. The startup has partnered with prominent developers and organizations to help manage its community announcements and events.

See full article at Zawya

WeChat Stops Registering New Users

PYMINTS - July 28 - For now, WeChat is no longer taking on new users while it undergoes technical upgrades that will adhere to new security mandates handed down by the Chinese government. The temporary suspension of service for new registrants of its messaging service is necessary to ensure that Tencent's flagship social network can do what is required to comply with the new laws.

See full article at PYMTS

See the top news on WeChat

Temasek Co-leads $145M Round of Twitter-backed Indian Social Media Firm

TECH IN ASIA - July 28 - India's Mohalla Tech, which operates social networking platform ShareChat and short-video app Moj, has raised $145M in a new funding round led by Temasek and Moore Streategic Ventures.

by Kul Bhushan
See full article at Tech in Asia

See the top news on ShareChat