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App Makeover: Old School Coupon Maker Goes Mobile

Date:
November 28, 2013
Source:
Reuters / Powered by NewsLook.com
Summary:
How do you sell traditional coupon books in Asia? The answer is - you don't. The Entertainer CEO Donna Benton explains how she rapidly pivoted to online apps to build the firm's regional business.


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last updated on 2014-11-28 at 2:05 am EST

Disney Studios Makes $500M Bet on YouTube Provider Maker Studios

Disney Studios Makes $500M Bet on YouTube Provider Maker Studios

TheStreet (Mar. 25, 2014) — The Walt Disney Company is making a big move into online after agreeing to purchase one of YouTube's largest content providers, Maker Studios. Disney will pay $500 million upfront for the online video company, with up to $450 million in performance milestone payments. Why is Disney splashing cash on Maker? Its distribution market. Currently, Maker manages 55,000 channels which collectively receive 5.5 billion video views each month. Disney said the deal is expected to close in its third quarter. Video provided by TheStreet
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Starbucks to Roll Out App Update in Effort to Fix Security Flaw

Starbucks to Roll Out App Update in Effort to Fix Security Flaw

TheStreet (Jan. 17, 2014) — After security researcher Daniel Wood disclosed earlier in the week that the Starbucks app stores user names, email addresses, passwords and even geolocation information in unencrypted, clear text, Starbucks executives confirmed that app users' information could be visible to anyone with access to the phone if it was connected to a computer. So, if a user's phone was stolen, that information could be accessed by the thief. The company said it will soon roll out an update for its app to make it more secure, though it said the app for Google's Android operating system does not contain the vulnerability.
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WhatsApp Passes 600 Million Active Users, New Features in Progress

WhatsApp Passes 600 Million Active Users, New Features in Progress

TheStreet (Aug. 25, 2014) — There are 600 million people actively using WhatsApp. According to its founder, Jan Koum, the mobile app got 100 million more active users in just the last four months. Koum was quick to point out that active users are people using the app regularly. WhatsApp gained traction in every major region in the world. It's growing the fastest in Brazil, Russia and Mexico, and a tenth of the active users are from India. Facebook acquired WhatsApp at the beginning of this year for $19 billion. It expressed interests in monetizing WhatsApp better and is reportedly working on file sharing and call features. However, WhatsApp's most valuable part for Facebook is the database. Top traffic and the number of conversations allow Facebook to extract marketable information on the users' likings. Mark Zuckerberg said, "[WhatsApp] is the only app we've ever seen with higher engagement than Facebook itself." WhatsApp can also borrow what its competitor WeChat has been doing. WeChat took over the smartphone chatting arena in Asia by storm last year and it sells special stickers and emoticons for users to share with friends. Of course, WeChat contributes the most to its parent company Tencent's bottom line by driving traffic to everything else Tencent owns, and Facebook wants the same. Video provided by TheStreet
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Facebook and Fifty Three: Two Apps Named 'Paper'

Facebook and Fifty Three: Two Apps Named 'Paper'

Newsy (Feb. 3, 2014) — FiftyThree, the maker of 2012 drawing app "Paper," has asked Facebook to rebrand its news app, also named "Paper." Video provided by Newsy
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