iPhone Mobile Wallet Deal, Twitter Tweet Stream Changes & News On Tencent, Facebook, LinkedIn, & WhatsApp


1. Trouble in China: Microsoft has 20 days to explain itself in antitrust probe: Things aren’t looking all that good for Microsoft in China as it comes under close scrutiny by the government for antitrust issues. Authorities visited Microsoft’s offices in July and have targeted the company since last month for alleged monopolistic practices relating to compatibility issues for its Windows operating system and Office software. Read more here.

2. Apple is reportedly partnering with Visa, MasterCard and American Express for iPhone mobile wallet: The countdown to Apple’s event on September 9, where it will almost certainly announce the next iPhones, has started — and rumors are increasingly piling up. Read more here.

3. Chinese Internet Giant Tencent Invests $70 Million In Healthcare Group DXY: Chinese Internet giant Tencent has invested $70 million in DXY (also known as Ting Ting Group), which claims to be the largest online healthcare service community in China. In return, Tencent will receive a minority equity stake in DXY. Read more here.

4. LinkedIn Is Quietly Retiring Network Visualization Tool InMaps: A little autumn cleaning underway at LinkedIn. The company is quietly retiring InMaps, a tool that let you map out how your LinkedIn network looks. A notice on the InMaps homepage notes that today, September 1, is the last day for you to use it, and that it is being discontinued so that LinkedIn “can focus on developing new ways to visualize your professional network.” As of right now, if you want it, you can still download and save your own map for posterity. Read more here.

5. EU Sends Questionnaire to Rivals Over Facebook Deal With WhatsApp: European Union antitrust officials have sent a second wave of extremely detailed questions to the competitors and customers of Facebook Inc. and messaging service WhatsApp Inc., an unusual move that might call into question the proposed $19 billion acquisition of the latter by the California-based social network. Read more here.

6. Twitter starts to tweak its tweet stream, to better compete with Facebook: From the addition of video into the newsfeed to sponsored tweets, Twitter has recently been making changes to what its 271 million users see on their stream. Now the social media platform is doing its best to ramp up its advertising revenue — and to tweak what tweets its users see, in order to compete more effectively with Facebook. Read more here.

7. Apple ‘actively investigating’ and FBI ‘addressing’ alleged hack that revealed nude celebrity photos: Apple says it is “actively investigating” an alleged exploit to its iCloud service that allowed hackers to post dozens of private celebrity photos to public message boards this weekend. “We take user privacy very seriously and are actively investigating this report,” said an Apple spokesperson to Recode. Read more here.

Image credit: Lintao Zhang/Getty Images

This article originally appeared on Lighthouse Insights – Indian Social Media News and has been republished with permission. If you’d like to submit a guest post or syndicate your content, join Firmology’s contributor program.

About The Author

Prasant Naidu is the Founder and Blogger at Lighthouse Insights, Indian Social Media News. Loves to experiment in social media and believes social media is a game changer for SME’s. A diehard Royal Enfield fan, a voracious reader. I believe that knowledge should be shared so I often do it via training and speaking assignments on social media.