Making it the biggest acquisition of the year, tech giant Microsoft announced its acquisition of professional social platform, LinkedIn. In an all cash deal Microsoft will pay LinkedIn a sum of $26.2 billion at $196 per share. Jeff Weiner will continue to be the CEO of LinkedIn and will report to Microsoft CEO Satya Nadella. The acquisition is still subject to approval by LinkedIn shareholders and regulators and hence is expected to close by the end of the year. » Congratulations to Dr. Prakash M Swamy, a senior Indian-American journalist and former United Nations Correspondent, for being awarded with the highest award of Lifetime Achievement by Rotary International. The award was presented in Chennai on 11th June, by Dr. A Surya Prakash, Chairman of Prasar Bharti – New Delhi. » The Press Institute of India (PII), Chennai, and the International Committee of the Red Cross (ICRC), New Delhi, have joined hands to organize a competition for the three best articles and photographs on a humanitarian subject. The article or photograph should have been published in an Indian national or regional newspaper or magazine between April 2015 and March 2016 and can be in English or in any Indian language. Entries can be submitted latest by 15 September 2016 and the results will be announced by November 2016. See more.
LinkedIn is overhauling over 2 million groups on its network, to root out spam messages & bring back engagement. Groups will now be created private by default to ensure the content isn’t indexed by search engines, and all members will need to be vouched for to gain admission. A standalone iOS app for Groups has also been announced. » Facebook is testing a dedicated video hub for users to watch and share videos relevant to them, all within the platform. The video hub will have saved-for-later videos and videos from friends, Pages one follows, and other publishers on Facebook. » Agitated by Vodafone’s perennial network issues and call drops, Finance Minister Arun Jaitley on Wednesday, personally met with CEO Vittorio Colao and gave him a piece of his mind. Jaitley did not mince words when he said he felt like he had been “transported back to the pre-mobile days of 1995”. Colao later said operating conditions and lack of availability of spectrum were the main causes of the problem.
Google brings in its new clean & uncluttered logo to better suit mobile devices. The logo replacing the well – known “g”, has a simple typeface with keeping its four color scheme with an upper-case “G” combining blue, green, red and yellow. » Flipkart sent a cease and desist letter to Indian tech blogger, Amit Bhawani, for alleged copyright infringement and cybersquatting. Amit recently set up an easy user interface http://www.FlipkartVsAmazon.com to rate rivals Flipkart and Amazon on a host of parameters, such as Overall Service, Website Interface, and display results side-by-side in real time. The ratings took Amazon on top keeping Flipkart as just a ‘Better’ option for the customers. Flipkart’s prompt disapproval forced Bhawani to shut down the portal. » City-wide free Wi-Fi project by Delhi CM Arvind Kejriwal is now on! “Delhi government will provide free Wi-Fi facility in DTC buses as soon as possible. In this connection, we are in touch with some big companies,” Kejriwal said. » LinkedIn revamped its messaging services to include mail notifications and chat-type message organization. Users can now attach photos and documents to messages and also will be able to use voice and video calling with the messaging platform in the future.
Google’s operating systems have so far taken the name of a sweet-treat; this trend continues as the latest release Android 6.0 is now called Marshmallow. The new OS roll out is expected by the end of the year with new features including direct sharing between Android devices, as well as system-level support for fingerprint sensors. » News Corp CEO Robert Thompson went on a ranting spree against Google, accusing it of “piracy, zealotry and kleptocracy” while also labelling LinkedIn a “pretender”. Speaking at the Lowy Institute Media Awards last night, he warned that without the proper recognition, and without proper remuneration, well-resourced reporting “will be ever more challenged”. He further went on to say “Google represents a leech on the hard work of those who try to create original content, only to have it purloined by Google’s caring, sharing, web-controlling ways.”
In a first, online media platform for entrepreneurs, Yourstory.com today announced its ‘Series A’ funding led by Kalaari Capital, Ratan Tata, former Infosys board member Mohandas Pai and Karthee Madasamy of Qualcomm Ventures. Shradha Sharma, founder of the website said that the company would utilize these funds for launching a new product that will help users create content in their native language. » After a disappointing Windows 8, the recently released Windows 10 has brought some good news for Microsoft. According to a report by WinBeta, this latest desktop operating system has got more than 50 million users worldwide in just two weeks since its release. » Facebook has given a face-lift to its ‘Notes’ feature with a major upgrade. It intends to give its users the option to write longer posts that they are currently missing. It may now resemble a blogging platform like Medium and LinkedIn’s Pulse. Launched in 2006, this service is currently being tested for its different functionalities including the ability to tag people, resize photos, and add links or hashtags.
Indian Express initiates its new ad campaign ‘Indian Intelligent’ where it says ‘The Newspaper is Dead’. This prominent national daily is rolling out the campaign across India on TV, digital, outdoor, print and cinema. With this campaign, the brand hopes to revamp and redesign its image, and also increase market share by making itself relevant to a larger set of audiences. » Following LinkedIn, Facebook is testing its new feature ‘Profile Tags’. This feature will let you and your friends add tags to your profile to highlight the things that describe you and what you’re into after you approve. » Microsoft launched Windows 10 in 190 countries, focusing on multi- screen platforms. This is available as a free upgrade or with new PCs and tablets. The phone version of the OS will arrive at a later time.
Rajasthanpatrika.com initiates #SelfieWithSister contest inviting people to upload pictures with their sister with a message on social media platform. The entries with the most number of likes will later be featured on the newspaper on August 29, Raksha Bandhan. » Google brings its ‘360-degree’ movies app on iOS. This ‘Spotlight Stories app’ will use your phone’s motion sensors to allow you to explore different parts of the movies by looking around anywhere in a 360-degree sphere. » Now brands and advertisers will have an easy new feature to remember event calendar, insights and activation with Twitter’s ‘Event Targeting’. This feature will help advertisers to reach audiences interested in their events as users can now activate around live moments. » LinkedIn brings back the option to export your contacts, reacting to user complaints, Venture Beat first reported. » Jimmy Wales, Wikipedia’s founder tells PR firms altering their clients’ Wikipedia pages: “Don’t do it”. If a PR pro sees a discrepancy on a client’s page, he or she should reach out to Wikipedia via email with an edit, as the variations are quite easy to distinguish, says Wales.