Twitter’s Worth Reaches $8.4 Billion After Funding

The micro blogging giant has become a $8.4 billion company due to a “significant” round of funding from companies worldwide. Digital Sky Technologies, a Russian firm known for its investment in various social networking sites has contributed a “generous amount” to Twitter.

Officially, no financial details were disclosed but if insider claims are taken into account, the San Francisco based social networking giant raised nearly $800 million which was rounded to $8.4 billion after the deal.

It was also said that Twitter will take 50% of this investment and the rest will be spent for buying the shares of the existing share holders.

Twitter has nearly 600 employees and seeing the success rate of this social network, we won’t be surprised if we see more investments like this in future.

After the launch of Google+, Facebook’s competition with Twitter was sort of finished. As Facebook and Google+ are fighting continuously for the crown of best social network, Twitter played a smart game by staying out of their fight.

Though Twitter is not big as both Facebook and Google, still its growth rate shows that it could beat them in a couple of years if it keeps on growing at a fast pace.

Will Twitter introduce some new features if it keeps on securing huge investments like this?

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Google+ After One Month: Will It Grow More Or Not ?

It has been a month since the most awaited social networking website made its debut. As it was predicted by various tech gurus, Google+ saw a huge success in its initial weeks. But at the end of its first month, its traffic has gone down a bit.

Google+ started its journey as the biggest threat to the social networking giant Facebook and made it go in a self defense mode. Facebook launched many new services in response to Google+ as Mark Zuckerberg feared the immense popularity that Google+ enjoyed in its initial days.

If we talk about the journey of Google+, so far it has done pretty well. The biggest achievement of Google+ is that while still being in a field trial stage and an invite only site, it managed to grab 10 million users in its first week and if some reports are to be believed, this figure rose upto 20 million in its second week.

While these facts are amazing, Google+ also saw a loss of around 3.2% of its users at the end of its first month.

The biggest challenge Google+ is facing today is that its user interface is not as simple as that of Facebook’s. Some users find it tough to adjust with the interface as they are used to the simple interface of Facebook. And furthermore, Google+ is not yet open to the organizations, which means no famous brands are there to follow.

Though this is only its first month and in future Google+ may get more traffic but the fact is that users no longer find it interesting as they have no new features to use.

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Twitter To Introduce Paid Tweets ?

The micro blogging site Twitter has introduced a new feature which will allow users to promote their tweets by paying a certain amount of fees to the social networking giant.

These type of ads will be visible to users who follow the advertiser’s brand and will be similar to a normal tweet. As far as we know, companies have started using this feature and currently their followers have started receiving their “paid tweets”.

According to TechCrunch, Adam Bian, the global revenue chief of Twitter, said that,“We’ve found that 20 to 40 percent of users follow one or more brands on Twitter. The one problem we’ve heard from users is that when there is exclusive content or deals, there’s a chance they might miss them.”

Though this service is not a surprise as its beta version has been there since March, it is still worth noting that this is the first time that Twitter has deployed its business strategy.

Till date, users are getting tweets only from the brand they follow, but this policy may get updated in future. One thing good about this feature is that companies will have a large social platform to advertise their products.

Now it is time to talk about some issues with this feature. Technogazette has seen these type of ads and we feel that they can be easily ignored as no new feature in these ads has been used. Some users may find them similar to Facebook ads thus there is no original thought.

We’ll keep you updated on this news.

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Users Getting Bored Of Google+?

A few days back, every tech blog was raving about Google+ being the strongest competitor Facebook has ever seen. But users are now finding Google+ not as interesting as they thought it would be when it was launched.

Google+ started superbly with record 10 million users in its first week. It was said that Facebook’s days were gone and Google+ will mark the beginning of a new era. Ranging from startup blogs, even blogging giants were covering great success of Google+. But recent data shows that Google+ traffic has fallen due to users spending very less time on it.

According to a company called Experian Hitwise, Google+’s traffic fell nearly 3.7%. At the first look, this data seems insignificant but if you consider the total population on Google+, which is more than 20 million, it depicts a hell lot of users.

There can be several reasons for Google+ traffic loss. The major reason is that it is still in field testing stage which restricts users to join it without an invitation from an existing member. Another reason is that Google+ is not yet open for organizations which means no fan pages like Facebook.

Though these stats will not be a problem for Google+ in near future, but if it is planning to replace Facebook, this should prove to be a wake up call for it.

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Google+ Planning To Start Social Gaming?

It seems that Google+ will not rest until it replaces Facebook as the largest social network. A recent find shows that Google+ is about to launch its gaming section and your high scores will be shared and displayed on Google+ stream. It also means that Google is planning to evolve Google+ Stream as a central gaming hub that will show results based upon your scores.

This news was first found at Google+ Help Pages where it was written that,”If you’re looking for updates shared from games, check out your Games Stream”. These words were immediately removed as this news started spreading like forest fire.

If Google+ is really going to launch this service, Facebook will have to think of something unique that could bring back its glory. Else, Facebook is sure to meet its end like MySpace did.

This new service was the center of attention ever since Google+ was launched. Vic Gundotra, senior vice president at Google Social, himself hinted that a new gaming service might be on its way.

All of us know that Facebook games have revolutionized the concept of social gaming. Millions of Facebook users play games like Farmville everyday. If Google+ wants to replace Facebook, its gaming service should be upto the scratch and that task is not easy.

We’ll keep you posted on this topic.

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Google+ Gets 20 Million Users

Google+ has broken each and every record in the history of social networking. This is the first ever social networking website, which has grabbed 20 million users while still being in a field trial mode. It has became one of the greatest social networks of all time in just 3 weeks.

And to add more, Google+ is still not available to everyone. It is an invite only website. The maximum number of users are from USA closely followed by India. Surprisingly, China, the world’s most populous country is not even in the top 10 countries with the highest number of users.

Just imagine, when Google+ becomes famous in China, the traffic will increase tremendously and it will lead Google+ to become the top brand in social media market.

Google+ is growing at a rapid speed as compared to its competitors. Facebook, which holds the top position, is terrified from Google+. This can be easily proved as Facebook announced two brand new services(Spotify and video chat feature) soon after the launch of Google+.

Currenly Google+ only offers 4 services. On the other side, Facebook provides infinite number of services to its users. Once Google+ starts working in this field, it will become very tough for Facebook to retain its top position.

Do you think that Facebook will meet its end like MySpace did?

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