Kevin Systrom and Mike Krieger, founders of Instagram who sold it for $1 Billion to Facebook, left the company yesterday. An official reason was not given for their departures however industry scuttlebutt was that the duo was not happy with the direction Facebook was taking the app with increased advertising. The following statement was provided…
Supreme Court rules that all internet retailers must collect sales taxes!
The Supreme Court announced a decision yesterday signifying that the free ride for not paying sales taxes on buying items on the internet from out-of-state is now over. Going back to a case many years ago (Quill vs. South Dakota), it had been that if your company did not have a presence, meaning store of…
Facebook to offer online dating later in 2018
On May 1st, Facebook at their developer’s conference announced they will begin an online dating service later in 2018 (exact date not given). Considering the wealth of information that have collected on everyone (think of that as you may), that may lead to better ‘matches.’ Shares of the largest internet dating websites dropped substantially on…
Will Facebook kill on the dropshipping business craze?
As many of you in the online marketing space have seen the past 2 years or so, the flavor of the day is how to get rich quick by doing dropshipping, primarily via ordering items from AliExpress and marketing them on Facebook. Something to ponder – since most of these products are coming from China…