Twitter acquires image search startup – Madbits

Twitter has quietly acquired visual intelligence technology developing start-up Madbits. Twitter’s game plan is to use Madbit’s brilliant deep-learning-based computer vision technology with the images that are being uploaded every day to the social network. Madbit’s technology basically allows to assign relevant meta information to the raw images and bolster the image search. LINK


Funding & Acquisitions

Mobile Native Ad startup Namo Media has been acquired by Twitter for about $50 million, to be integrated with Twitter’s MoPub. Standalone operations will shut down and most of the employees are set to join Twitter. Twitter seems to be very focused on building their ad platform. LINK


Sprint is closing an agreement to pay $40 a share to buy T-Mobile US. The price is reportedly 12% premium to T-Mobile’s Wednesday close and values the company at $32B. Sprint will offer 50% stock & and 50% cash. Note that US regulators rejected AT&T’s $39B takeover bid for T-Mobile in 2011. Link


Dropbox has acquired Droptalk that allowed users to share links privately with friends via a Chrome extension to be followed by both iOS and Android. It’s products are not publicly available, Dropbox swallowed them really early stage. Droptalk will shutdown and the team will be joining Dropbox. Link


Samsung has acquired Shelby TV. It helps video viewers find stuff they like. While terms of the deal were not disclosed, it’s NY based employees will work with the team who used to work for Boxee, Samsung’s set top box. Link


Facebook to launch Mobile Ad Network at F8 Conference

Facebook aims to finally introduce its Mobile Ad Network at the upcoming annual F8 Conference in San Francisco, US, next week. Lately, Facebook has over 950 million active mobile users. Mark Zuckerberg will urge the developers, publishers and everyone to leverage on this large user base using the Mobile Ad network to compete with Google’s AdMob and Twitter’s MoPub Ad network. LINK

44% of Twitter Accounts Have Never Sent a Tweet

– 44% of 974M registered Twitter users have never sent one single tweet
– 30% of existing Twitter accounts have sent 10 or fewer tweets, and just 13% of registered accounts have tweeted more than 100 times
– 43% of the 550M users that have sent a tweet, sent it more than a year ago
– Only 83.4M tweet more than once per day (Looks like I am the minority retard to tweet everyday)
– 391M Twitter accounts with zero followers. Just over 232M or so haven’t followed a single user themselves.

This highlights, Twitter’s growth problem. Link

Twitter Web Interface to get real-time notifications

Twitter has recently started rolling out the new profile interface for the users across the globe. Soon Twitter will also bring along real-time notifications for Tweets, Mentions, and other Interactions instantly through the web interface. Resting in the Settings option, the real-time notifications will also buzz you when someone follows you or sends you a direct message. LINK