Strong user growth, product updates and the World Cup have all contributed to Twitter’s Q2 revenues rising 124% year-on-year. News of the results drove the firm’s share price up 30%, reversing a trend which had seen stock fall 43.8% during the year.
Mobile coupon users to reach 1bn by 2019 as retailers expand loyalty programmes
A new report from Juniper Research forecasts that the number of mobile coupon users will rise from 560m this year to 1bn in 2019. According to the “Mobile Coupons: Consumer Engagement, Loyalty & Redemption Strategies 2014-2019” study retailers will increasingly engage directly with consumers via mobile channels and the use of coupons will be more … [Read more…]
Microsoft under anti-monopoly investigation in China
Microsoft has confirmed that it is under investigation in China, as the nation’s State Administration for Industry and Commerce (SAIC) has announced that it is investigating “alleged monopoly actions”.
Facebook pushes mobile users over to standalone Messenger app
Facebook is set to remove the in-built messaging function from its mobile app over the next few days, in favour of its standalone Facebook Messenger app. The company has been trialling the strategy in Europe since April, and has now decided to roll-out the change worldwide.
Apple ‘iTime’ patent fuels further smartwatch rumours
Apple has filed a new patent for smartwatch designs under the name ‘iTime’, fuelling more speculation that the electronics giant is making a leap into wearable technology.
Google Glass to get barcode scanner with eBay’s RedLaser
Google Glass is to get its own barcode scanner, via eBay’s Redlaser app, opening up new channels for marketers in the process.
85% of companies don’t respond to customer tweets (infographic)
New research by YouGov on behalf of Webhelp has found that only 15% of leading companies responded to tweets from customers, and 64% of businesses took more than an hour to reply.
Ryanair gets 1m mobile app downloads in first 10 days, as company focuses on customer experience
Ryanair has announced that its new mobile app has been downloaded 1m times in the first 10 days since launch. The app includes a mobile boarding pass function and forms part of Ryanair’s strategy to improve customer services, following the company’s first reported drop in profits for five years, in May.
Amazon goes on the offensive: card readers, 3D printing store, video shorts and DRM-free comics
With headlines last week focussing on Amazon’s unexpectedly high quarterly loses, it’s easy to miss just how how far and wide the company is continuing to expand and experiment across the digital landscape. Here are four new products or shifts worth keeping an eye on…
Amazon posts biggest loss since 2012 as firm keeps spending
Amazon has posted a quarterly loss of $126m (£74m) on the back of significantly heavy investment in smartphones, warehouses, delivery systems and digital content. This compares with a $7m loss for the same quarter in 2013.