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Twitter has decided not to stop the Vine service since it has received a lot of applications on its purchase. The Company expects to conclude an appropriate transaction in the near future. This information was reported by TechCrunch citing its sources.
At the moment, Twitter has reduced the number of potential buyers to only five. The interested companies are still not revealed, except the Japanese company named Line.
One source also stated that several entities consider buying the service for less than $10 billion.
It is assumed that Twitter will be able to benefit from the Vine service, even with the new owner by means of synchronization between applications. Earlier it was reported that Twitter plans to close Vine mobile application in the upcoming months.
Twitter Vice President in partnership with Rishi Jaitly said he is leaving the company. He was in charge for such regions as Asia-Pacific, Middle East and North Africa.
According to Jaitly, the reason why he is leaving is his desire to "move towards new opportunities."
The top manager commented on Twitter:
"We are so grateful to Rishi Jaitly for his contribution to the entrepreneurial spirit and leadership he demonstrated during the 4 years working for Twitter. Thanks to him we were able to enter the fast-growing Indian market. Jaitly helped to launch and develop Twitter in the new countries. He has also successfully developed partnerships with the media in the Asia-Pacific region and the Middle East."
Before becoming a part of Twitter Jaitly was the head of the John S. and James L. Knight Foundation, and served as director of development of relations with partners in the Google India.
We should remind you that earlier this year other four executives announced their resignation: the Product vice president Kevin Weil, Vice President of Engineering Alex Rotter, the head of media Katie Stanton and Vice-President of Human Resources Brian Schipper.
It became known that another two key executives are leaving Twitter: the vice-president of global business development and platform Jana Messerschmidt and vice president of Commerce Nathan Hubbard.
Twitter again lost its Product CEO in June.
In July it became known that the vice president of media partnership in North America, Kirstin Stewart, is also planning to leave the company.
Instagram is the largest advertiser on Facebook's mobile app category. This information was reported by AdAge citing a new Sensor Tower report.
The photoservice accounts 5% of advertising the applications setup in the social network. Previously, Instagram was in the top 10, but in the III quarter it took the prior position among advertisers in this category.
"Apparently, it seems like they will not stop advertising campaigns to attract new users", - said Sensor Tower Product management director, Wes McCabe.
Since 2013, Instagram audience has grown from 100 million to 500 million active users per month. Particularly thanks to promotion on Facebook.
According to AdAge, Facebook does not allow advertisements to buy Twitter. The social network policy prohibits posting competitor’s advertising.
Facebook spokesman rejected this fact, but he also stressed out that the company reserves the right to reject, approve or remove any ad without giving a reason. We should recall that since 2012 Instagram belongs to Facebook.
Facebook has 217 monthly active users (MAUs) in the US and Canada with 1.55 billion monthly users worldwide as of Q3 2015. (Source: TechCrunch)
The share of transactions made on mobile phones during the 2015 holiday shopping season (Nov. 1 – Dec. 31) climbed from 14% in 2014 up to nearly 19.9%% in 2015. (Source: Custora)
Separate research from Experian Marketing Services is in line with the Yesmail study. According to the Q2 2015 data, 48% of all emails sent by Experian clients were opened on desktop devices and 40% of emails were opened on mobile phones and ereaders. Some 12% were opened on tablets. (Source: eMarketer)