The acquisition of Magic Pony gives the social media firm the opportunity to strengthen its video offerings Periscope and Vine.
The social media giant reported a 52% rise in first-quarter revenue to $5.38 billion, with mobile ads accounting for 82% of all advertising sales.
The market for apps is maturing. Now one for text-based services, or chatbots, looks poised to take off.
Scams in which fraudsters pose as company executives have caused more than $2.3 billion in losses to businesses since October 2013.
With full end-to-end encryption, the instant message service has firmly aligned itself against law enforcement efforts to access communications.
For the first time, Circle says, "any consumer in the U.S. and the U.K. will be able to beam sterling and dollars back and forth, instantly for free."
Germany’s competition watchdog is investigating whether Facebook adequately discloses to customers the type and extent of the data it collects.
Yelp's CEO credits Frolik with playing a "crucial role" in its transition from startup to public company.
The social network sheds $11 billion in market value as the stock suffers its sharpest drop since LinkedIn's 2011 initial public offering.
The Google business unit of Alphabet generated $21.2 billion in revenue, an 18% increase from a year earlier.