Nokia Losing the Bling
According to the Financial Times, Nokia has hired Goldman Sachs to help it sell its Vertu luxury-phone business. Private equity group Permira, which has investments in other luxury brands, is rumored to be close to buying, for about $265 million.
Instagram Hopes You'll Soon Be Buying High-End Goods from Influencers
Nov 2, 2016
Instagram is prepared to turn its photo-sharing social network into a link-filled shopping destination. The service is going to let brands put clickable links in their imagery.
WhatsApp Improves Group Chat Tools
May 15, 2018
WhatsApp today added a handful of features to its group chat function that should improve the experience. For example, a new group description provides a short blurb that explains the purpose, topic, and guidelines behind each group.
Vertu to Close Up Shop
Jul 13, 2017
Vertu is through. The company plans to shutter its doors and jettison some 200 employees, according to the Financial Times.
Twitter to Let Brands Better Connect with People
Nov 2, 2016
Twitter rolled out new features for businesses that will allow them to reach out to customers and fans via Direct Message. The thrust of the new tool makes it possible for brands to create welcome messages and quick relies that can be used together to inform customers and direct them to select content, such as self-help tools or chat bots for more personalized help.
SoftBank, Sprint Majority Owner, to Split In Two
Mar 7, 2016
SoftBank today revealed a plan to separate itself into two separate companies, one for its Japan-based carrier business and another for its international operations, including Sprint. SoftBank's domestic business unit, which includes investments in Yahoo Japan, will be run by Ken Miyauchi.