Facebook records $5.38B in revenue, hits 1.65 billion MAU in Q1, 2016

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Facebook has announced financial results for Q1 2016. The social network has recorded $5.38B in revenue and about 79 percent of that revenue came from mobile advertising.

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HTC Preview announced – A program to get input from users on upcoming HTC software and devices

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HTC has been having a lot of issues recently, most of them financial and the reason for that is the underwhelming response from customers for its products. They have made some choices in the recent past that aren’t really favoured by the public and now, they are launching a new program to help solve that issue.

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Instagram’s community is now 400 million users strong

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Instagram has just announced that their fast growing network of users has just exceeded 400 million. That shows the power of photos as Instagram is a social network that uses images to send messages across people all over the world.

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Facebook Messenger hits 500 million users

Facebook has announced that more than 500 million users are using its standalone Messenger each month. The social network removed the Messenger from main Facebook app in July and started urging users to download the Facebook Messenger app.

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Twitter reports $361M in revenue, 284 MAU in Q3 2014

Twitter reported its third quarter earnings with a revenue of  $361M, more than double what it did for the same period in 2013. The micro blogging site’s revenue, most of which comes from advertising, increased sharply in the third quarter.

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India to hit 300 million internet users by 2018: Report

India will add 300 million internet users by 2018, according to a latest report by McKinsey & Company and Facebook. The report said that country’s internet penetration rate is only 15%.

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WhatsApp hits 600 million monthly active users, India has 60 million users

Continuing its reign, WhatsApp has announced another milestone. The popular instant messaging service now claims to have 600 million monthly active users.

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Hike Messenger surpasses 20 million user mark

Bharti Soft Bank’s hike messenger has crossed 20 million users of which 5 million were added during last three months. The instant messenger announced in February that its had clocked 15 million users.

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LinkedIn crosses 300 million members globally

LinkedIn has announced that is has surpassed 300 million registered users from 200 countries across the globe. Out of these 300 million members, 67% actually comes from outside the United States. The professional social network touted that it has added more than 23 million members since December 31, 2013.

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44% of registered Twitter users never Tweeted: Report

A recent report from Twopcharts has revealed that users on Twitter are not that engaged as it might look. The site that monitors Twitter account activity has stated that 44% of 974 million registered users have never sent one single tweet, according to The Wall Street Journal.

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Facebook India surpasses 100 million monthly active users

Facebook has crossed 100 million monthly active users in India which is the second largest country on the social network behind the US. Javier Olivan, VP, Growth & Analytics, Facebook stated in an interview with the Economic Times, that Facebook crossed the landmark on March 31. He also touted that the company is now eyeing for reaching over 1 billion active users in India.

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Bad News For Indian Mobile Users

The new raise in service tax could heavily affect mobile subscriptions.
Thursday, March 02, 2006:? The budget, with an increase in service tax, has brought bad news for mobile users. It is going to hit the marginal users the hardest. The service tax hike from 10 per cent to 12 per cent will see increase in the monthly telephone bills and drop in talk value for the users.

This move could also affect the Government’s target of increasing the number of mobile subscribers in both rural and urban segments.

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