Amazon’s Fire TV news app now offers local channels in 60 more cities

Amazon announced on Wednesday that its news app on Fire TV is expanding local coverage to 158 cities across the U.S. The app, which launched last year, is a customizable news aggregator preinstalled on all Fire TV streaming media players and smart TVs in the U.S. It initially rolled out in 12 cities and expanded […]

Twitter acquires group chat app Sphere

Twitter has acquired London-based Sphere, which operates an eponymous groups chat app, the latest in a series of recent moves from the social network as it looks to aggressively broaden and improve its product offerings. Sphere — founded by Tomas Halgas and Nick D’Aloisio, who previously founded news summary app Summly, which he famously sold to […]

PayPal said to be exploring potential acquisition of Pinterest

In what would be a blockbuster acquisition, PayPal is reportedly exploring the purchase of social media company Pinterest, according to Bloomberg. According to the publication, San Jose, California-based PayPal has “recently approached” Pinterest about a potential buyout. Citing an anonymous source, Bloomberg said PayPal could pay around $70 a share, which would value Pinterest at […]

Countable brings in $12M for virtual brand communities

Countable is taking a cue from the positives of social media to build technology that nurtures more authentic communication and facilitates business and social outcomes.