Instagram Has 1 Billion Monthly Users, Now the Fastest Growing Social Network by @MattGSouthern

Instagram revealed this week that it now has 1 billion monthly active users, up from the 800 million reported in September 2017. This increase in monthly users makes Instagram the fastest growing social network at the moment — by a considerably margin. While Facebook has more overall users, its growth in monthly users has stalled […]


Adobe Acquires Magento Commerce for $1.68 Billion in Cash by @MattGSouthern

Adobe Systems Inc has agreed to acquire e-commerce services provider Magento Commerce for $ 1.68 billion in cash. This marks Adobe’s biggest deal in nearly a decade, which caused its stock price to rise around 1 percent. Following the acquisition of Magento Commerce, Adobe plans to further build on its Experience Cloud business. Adobe’s Experience […]

Google Fined $2.7 Billion by the EU for “Abusing Search Engine Dominance” by @MattGSouthern

Google has been fined $ 2.7 billion by the European Union for giving an “illegal advantage” to its own services in search results. The EU believes Google is “abusing” its search engine dominance by ranking its own services ahead of competitors. Google has 90 days to change its practices in Europe or else it will […]