Funding

Hummingbirds Scores $5.4 Million in Fresh Funding

Localized influencer network Hummingbirds has announced a $10 million seed round that includes existing and new investors like Allos Ventures and M25 Fund. This brings the company’s funding to date to $14.4 million by our count, and comes less than a year after its last funding round of $3.3 million. 

Pro Features

Yext Adds TikTok to its Publisher Network

Yext’s publisher network just got bigger… and a bit more lively. TikTok has officially been added, giving Yext customers a way to automatically sync their business details to the social app.

Instagram Plots Course in Social Mapping
Instagram

Instagram Upranks SMBs and Smaller Creators

Instagram is adjusting its ranking algorithms to better surface relevant content. And in the process, it’s creating a more level playing field for SMBs and small creators who otherwise get drowned out by big brands and influencers. 

What's TikTok's Economic Impact on SMBs?
Pro Features

What is the TikTok Economic Impact on SMBs?

As TikTok fights for its survival in the U.S., it continues to turn to a central lobbying point: supporting SMBs. Now, the TikTok Economic Impact Report 2024, looks to quantify that impact.

Pro Features

Animated SMBs: Snap Launches Sponsored Filters

Snapchat has added to its arsenal of marketing formats. On Friday, it launched Sponsored Filters – a simplified flavor of its signature animated lens format. Among other things, this could make them primed for SMBs, a target market Snap continues to pursue.

TikTok Boosts eCommerce with Computer Vision
eCommerce

TikTok Boosts eCommerce with Computer Vision

Shoppable content continues to be an ongoing effort at TikTok, which mostly sits under its TikTok Shop program. It recently advanced these efforts with automated product tagging.

Adobe Express: Now with More TikTok
Adobe

Adobe Express: Now with More TikTok

There’s now another place where you can create TikTok videos: Adobe Express. Creation workflows for the viral app are directly integrated into the ubiquitous design software, the companies announced today.

X Takes the Next Step Towards Super-App Status
Payments

X Flies Closer to Super-App Ambitions

It’s no secret that Elon’s master plan is to evolve X into a super app, or as he puts it “the everything app.” This week, the latest domino fell. X laid out its 2024 road map, which includes integrating peer-to-peer (P2P) payments.

Can Meta Make 2024 the Year of Conversational Commerce?
conversational commerce

Can Meta Make 2024 the Year of Conversational Commerce?

Meta has enlisted some of its execs and partners to weigh in on the technology that will shape 2024. Unsurprisingly, the list maps to Meta products. And one of them is WhatsApp. What will be the fate of conversational commerce in 2024?

When Will a Super App Finally Emerge in the West?
Data Scout

Who’s the King of Social Media?

How is the social media industry positioned today, who’s leading in usage and market share, and what networks have the most momentum? A new Pew survey of U.S. teenagers helps answer some of these questions.

Snapchat+
Pro Features

Snapchat+ Reaches $20 Million in Monthly Revenue

A little over two months after reaching 5 million paid users, Snapchat+ has crossed another key milestone: $20 million in monthly revenue. What are lessons and takeaways for subscription revenue models?

X Takes the Next Step Towards Super-App Status
Pro Features

Can X Crack the SMB Code?

The latest Elon-based fiasco has intersected with the Localogy-verse. X has proclaimed that one of the ways it will resolve the revenue gap from its recent F-bomb-ladden advertiser exodus is to pursue ad dollars from the long-tail SMB segment.

Pro Features

Can X (née Twitter) Be the Everything App?

Fulfilling a move that Elon Musk has telegraphed for months, the Twitter brand is gone, and X now lives there. How does this track to his explicit ambitions to build the ‘everything app?’

Pro Features

TikTok SMB Showdown: Nail Art & Seductive Chicken

We’re back now with the latest TikTok SMB Showdow. In the spirit of “showing rather than telling,” this series previews our favorite TikToks from worldwide SMBs, and what makes them successful.