Weekly Wrap

We may be heading towards the end of the year but the social world certainly isn't closing down for the holidays. As some companies are struggling, others are continuing to announce new features and products. Find out more below. 

 

FACEBOOK IS FILTERING OUT THE SAD TIMES FROM YOUR YEAR IN REVIEW

DIGITAL TRENDS

The end of the year tends to be a time when people look ahead. New Year’s resolutions are made (and sometimes even kept) as we shed the old in an effort to embrace the new.

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While most of us are planning ahead, social media is keen to inform us of the past. Year-end lists of trends and popular news items congest our timelines, each major triumph and tragedy condensed into a short blurb — the footnotes for a passing year.

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Pinterest Launches A New Way To Track Price Drops On Buyable Pins

TECHCRUNCH

Pinterest has a new way to entice users to come back and buy things: keeping tabs on the price.

That comes in the form today of a new tool that helps Pinterest users monitor price drops on products they’ve pinned. When users save pins, they’ll get a heads up when a price drops in the form of an in-app notification and an email. They can then jump straight to that pin and make the purchase.

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Brazil removes ban on WhatsApp after protests

TELEGRAPH

A Brazilian judge has lifted a ban on WhatsApp after a lower court banned the messaging app for 48 hours, causing outages for millions of people in Brazil and neighbouring countries.

The messaging app is the most popular in the country, used by more than 100 million Brazilians, but was banned on Wednesday night for not complying with a criminal investigation. However, a judge ruled that it was "not reasonable that millions of users be affected by the inertia of the company", and lifted the suspension.

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Facebook enters transport business with Uber

BBC NEWS

In Facebook's first foray into the transportation business, the firm has agreed to work with Uber to allow users to hail Uber cabs directly from the Messenger app.

The new service means Messenger users will be able to ask for an Uber vehicle without leaving the Facebook software. Users will not need to download the Uber app separately.

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Twitter Stock Closes at an All-Time Low

RE/CODE

Twitter stock fell 4 percent Thursday, finishing the session at $23.31, the lowest the stock has ever closed. Yahoo Finance lists the stock’s 52-week low at $21.01, but that was during intra-day trading back in August (the stock closed at $25.17 that day).

The stock market was crummy in general on Thursday. But it has also been a tough quarter for Twitter, which has dropped 11 percent since Jack Dorsey was named CEO back in early October. Twitter announced last week that it would finally start showing ads to its logged-out audience, which created a nice stock spike, but it’s clear that investors are looking for more.

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