Facebook Acquires Activity Recommendations Startup, Nextstop
Facebook has acquired Nextstop, a local activity recommendation startup.
Started by ex-Googlers, Nextstop matches social recommendations with search adds reputation/ranking to the system [via].
It’s with that goal in mind that we have some big news to share today:nextstop has been acquired by Facebook. What this means is that we’ll be joining Facebook and that Facebook has bought most of our assets.
This creates a number of big changes for the nextstop product and our community, but we believe it’s an opportunity for some of the ideas behind nextstop to reach Facebook’s audience of more than 400 million users and have a much bigger impact on the world than we could on our own. – Official Blog
Also, Facebook has shut down its Gifts Shop feature by August 1st.
Closing the Gift Shop may disappoint many of the people who have given millions of gifts, but we made the decision after careful thought about where we need to focus our product development efforts.We’ll be able to focus more on improving and enhancing products and features that people use every day, such as Photos, News Feed, Inbox, games, comments, the “Like” button and the Wall. – blog
iAds – Early Days
Still early days for Apple’s advertising platform, but an iPhone app developer Jason Ting reported revenues of ~$1,400 in the first day (via).
Jason has created an app that turns your iPhone’s flash into LED flashlight.
Zoho Mail Adds Labels/Drag ‘n’ Drop
Zoho has upgraded Mail and have launched new features like Drag & Drop Folders, Coloring Labels, Customized Label Display, sorting messages by subject/sender – more details here