Twitter axes Vine amid global job losses

Twitter is shutting down its pioneering short video platform Vine, making the announcement on the same day that the embattled social network announced global job losses. In a blog, the video platform said “nothing is happening to the apps, website or your Vines...

Line takes on Instagram and Snapchat with “Moments” app

Mobile messaging app LINE has launched a new standalone app called LINE Moments that lets people edit their own videos. Available on Android, the new app allows editing via slide commands. An iPhone version of the app is to be released at a later date. The app allows...

6 in 10 global millennials have an Instagram account

Instagram is becoming the social media channel of choice for many millennials, with 6 in 10 youngsters worldwide owning an account, according to new research. The study, from Global Web Index, indicates that 1 in 3 of the Millennials who use Instagram have followed a...

The future of Social Media? Zuckerberg demos Oculus Connect

Facebook is developing social media platform called Oculus Connect, that lets groups of people chat via animated avatars in virtual reality. The service was showcased by Facebook CEO and founder Mark Zuckerberg in a live conferenece demo for the company’s Oculus...

Nationwide debuts ‘Moneystuff ‘ Tumblr campaign

Nationwide is stepping up its efforts to reach 13-24-year-old consumers, partnering with Yahoo Storytellers for Tumblr for its ‘Moneystuff’ campaign. Recognising money is the biggest concern for 50 per cent of millennials, the year-long online campaign will help young...

Snapchat planning $25bn IPO?

Messaging app Snapchat is reportedly planning an IPO that could value the company at $25bn. The share of Snap Inc, which owns the popular picture and video-sharing app, would be largest on US stock exchange since 2014, The firm, famous for its popular self-destructing...