Facebook Inc (NASDAQ:FB) users are now viewing an average of 1 billion videos per day on average since June. Around two thirds of these views are happening on mobile devices.
Flipboard has acquired Ultravisual, an app company that offers photo and video creation software for Apple iOS. The terms of the deal were undisclosed. Flipboard users have created over 10 million online magazines using its software. Around 200,000 users are being added per day.
Reddit is rumored to be raising funding that would value the company at $500 million, according to Re/code. The investors in this new round of funding are rumored to be Alexis Ohanian, Andreessen Horowitz, Sequoia Capital, and several Y Combinator’s partners. Advance Publications, the parent company of Condé Nast, would continue to own about 50% of Reddit.
General Motors Company (NYSE:GM) is launching a Cadillac model in two years that will be able to travel on the highway without the driver having to hold the steering wheel or putting a foot on the pedal. The 2017 Cadillac model features “Super Cruise” technology that can take control of steering, acceleration, and braking.
Apple Inc. (NASDAQ:AAPL) is now sending e-mail notifications to warn people about iCloud accounts being accessed from the web. This is one way that Apple is securing iCloud on the heels of the naughty celebrity photos leaking. When you or someone else logs into your account from a website, you will receive an e-mail. In the past, Apple sent out notifications when your Apple ID was used to log into FaceTime and iMessage.
Amazon.com, Inc. (NASDAQ:AMZN) has dropped the price of the Fire smartphone from $199 to $0.99 with a two-year contract with AT&T. The Fire phone comes with a year of Amazon Prime. The Fire phone was launched on July 25th. Two of the unique features that the Fire phone has are Dynamic Perspective and Firefly. Dynamic Perspective responds to how the Fire phone is held and Firefly can scan over 100 million objects that can be found on Amazon.com.
salesforce.com, inc. (NYSE:CRM) has launched a new fund called Salesforce1 Fund. The Salesforce1 Fund will be backed with $100 million from Salesforce.com. Salesforce1 Fund will be used to encourage startups to build mobile apps and connected devices to build on the Salesforce.com platform. Salesforce.com has invested $109.6 million in private companies as of July 31, 2014. This is up from $77 million at the beginning of the year. Some of the startups that have received funding from Salesforce.com include DocuSign, i.am+, InsideSales.com, and Skuid.
WhatsApp has launched an update for the iPhone app. WhatsApp is now on version 2.11.9. The conversations and groups can be archived individually by swiping horizontally in the Chats section and when you select the More icon > Archive. WhatsApp now lets you add captions to photos and videos too. iPhone 5s users can share slow motion videos as well. Videos can be cropped and location-sharing has been improved. Wallpapers have been added and there are new notification tones. Here is the change log: