With a new potential source of revenue, Facebook is finally addressing its mobile monetization problem. Facebook on Thursday unveiled Gifts, the company’s major initiative into the world of social gift giving and e-commerce.It’s exactly what it sounds like. Users can choose, mail and pay for real-world, physical gifts — not the lame virtual ones [...]
Despite Its Reputation for Referring Traffic, Pinterest Is Blocking All Sorts of Links
See on Scoop.it – internetbillboards In its short life as a top-tier Web site, Pinterest has earned much acclaim for sending gobs of good traffic to other sites. People see pretty pictures on Pinterest, and they click to buy things on other sites. But Pinterest — which had 31.9 million global unique visitors in May, [...]
Exclusive: Japan’s Rakuten Wins the Heart of Pinterest in $120M Funding Race With $1.5B Valuation
Rakuten, the largest e-commerce site in Japan, is expected to be the lead investor in the much-contested next round of funding for Silicon Valley’s hottest start-up, Pinterest. The funding is expected to be announced tomorrow morning. The Tokyo-based Internet giant will invest upwards of $50 million in a $120 million round that values the social [...]













