Twitter Profits Slump To $809m

Twitter Profits Slump To $809m

Twitter lost more than half a billion dollars in the three months to September after it paid $809.5m (£588m) to settle a long-running lawsuit. The social media giant was accused of misleading investors over user engagement in 2015.  However despite...
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Social Media Advertising Revenue To Pass $50B In 2021

Social Media Advertising Revenue To Pass $50B In 2021

Social media advertising spending has increased dramatically worldwide but most especially in the US. According to data presented by TradingPlatforms.com, social media ad spend in the US is projected to pass the $50B mark for the first time in 2021. Socia...
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Trump Hails Nigeria For Banning Twitter

Trump Hails Nigeria For Banning Twitter

Former U.S. President Donald Trump has congratulated Nigeria for suspending the operations of Twitter in the country.  Trump, in a statement on Tuesday night, commended Nigeria for the action, calling on more countries to “ban Twitter and Facebook for n...
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Diamond Bank Partners Facebook, Explains Business Training For Female Entrepreneurs

Diamond Bank Partners Facebook, Explains Business Training For Female Entrepreneurs

Diamond Bank in partnership with Facebook has commenced the first phase of targeted training for Small and Medium-scale Enterprises (SME) owners to enhance their businesses through online marketing platforms.  The training exercise, which commenced in Cala...
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Facebook opens London office, to create 2,300 jobs in 2018

Facebook opens London office, to create 2,300 jobs in 2018

Facebook is opening a new London office that will allow it to create 800 new UK jobs in 2018. By the end of next year, about 2,300 people will work for the social media company in the UK. The office...
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Facebook hits two billion users

Facebook hits two billion users

(BBC) More than a quarter of the world’s population now uses Facebook every month, the social network says. “As of this morning, the Facebook community is now officially two billion people,” founder and chief executive Mark Zuckerberg posted....
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Facebook promotes safety online in Lagos, Kenya

Facebook promotes safety online in Lagos, Kenya

Two months after Facebook Chief Executive Officer Mark Zuckerberg traveled to Nigeria and Kenya to meet with developers, partners, and entrepreneurs, Alex Stamos, Chief Security Officer at Facebook, gave a keynote address at the CyberXchange  security confere...
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