article thumbnail

Auld Lang Syne: Remembering Social Media Milestones

Social Assurance

As we wrap up 2018, here are a several milestones our team is reflecting on, plus a current status update: 2006: Myspace reigns as the most popular internet site — marking more unique visits than Google itself. July 2006: Twitter launches and allows users to post using only 140 characters. Facebook Today: Facebook has 2.27

article thumbnail

It Started with a Tweet #SocialMedia #Banks @ICBA

Independent Banker

A status update on banks and social media. The first tweet ever written was by co-founder Jack Dorsey on March 21, 2006, at 9:50 p.m., It is apparent everywhere you turn that social media is one of the hottest new communications tools in our society. 140-word summary of the social media guidance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

bank failures per year between 1996 and 2006, and 3.6 Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. banks failed a year.

FDIC 78
article thumbnail

Red Envelopes, Fortnite And The Rise Of Micro Money Laundering

PYMNTS

Their particular business benefits from such shifts, as the best money launderers seek out new holes in anti-money laundering (AML) defenses, and new ways to escape the notice of law enforcement and regulators. Red envelopes, in fact, stand as only one example of that trend. No one should blame the victim for the crime, of course.

Examples 194
article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: November 30, 2006. Date: February 6, 2006. In 2006, it was the most-visited website in the US, even beating out Google. That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. By 2012, Microsoft would take a $6.2B Price: $13.4B.

Google 76
article thumbnail

11 Lessons From Startup Chapter 11s

CB Insights

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Founded: 2006. — Ben Kaufman, founder, Quirky. Declared Bankruptcy: 2016.

Apple 78
article thumbnail

The Curious Case For Breaking Up Tech Giants

PYMNTS

Before there was Google Pay , there were three earlier versions of Google payments, starting with Google Checkout in 2006. Regulators may be circling the wagons around Facebook, but it’s not clear what that means, what the remedies might be (outside the EU and U.K.’s The Four” Don’t Have a Monopoly on Good Ideas. They all died.

Google 148