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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. A ‘breakup’ of Facebook is thus a complete nonstarter,” the document stated, according to WSJ.

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Facebook’s Likely M&A: The 9 Companies Facebook Could Acquire Next

CB Insights

So far the social media giant has made only one acquisition in 2017, with the purchase of Source3 , which offers an enterprise licensing and rights management platform for the distribution of 3D content, in Q3’17. Since 2007, the company has made 77 acquisitions, including 8 last year and 7 in 2015.

Company 28
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Finovate Debuts: SaleMove Brings the In-Person Customer Experience Online

Fintech Labs Insights

That’s the goal of SaleMove , the company that has built a platform that enables businesses that sell services – banking, mortgage, insurance – to provide an online user experience that exceeds the in-person version. Founded in May 2012. More than 100 customers. Seven million in funding raised. How it Works.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

We started our journey in 2012 with this thought and it’s helped us set our sights on our destination: creating a fairer, freer flow of wealth worldwide, challenging the status quo that has slowed and suppressed economies and entrepreneurship in the past. How can you preserve the digital user experience?

Mobile 40
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Then, they spent an equal amount of time working on distributing that content both through social media (Reddit, personal finance forums) and through SEO (which wound up driving about 20% of Mint’s overall traffic). It can burden users with excessive information and friction that ruins the user experience.

Tools 78
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FTC Vote Pending As Commissioners Weigh Facebook Antitrust Suit 

PYMNTS

It has been over a year since the FTC started investigating complaints that the social media giant stifled competition. Facebook bought Instagram in 2012 for $1 billion and WhatsApp in 2014 for $19 billion. 23), citing sources familiar with the matter. In a 2013 probe of Google, the case was eventually dropped.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. In 2006, amidst high user growth and revenue numbers, several firms took part in Facebook’s Series B: Founders Fund, Interpublic Group, Meritech Capital Partners, and Greylock Partners backed the $27.5M

Lending 78