Instagram gets big and Twitter is unhappy, Asus is rocking a new screen, Samsung has record profits, Facebook cracking and MWEB is championing high speed ADSL.
- As Instagram hits 80 million users, Twitter cuts off their ‘find friends’ API access – Instagram announced earlier today that they have reached a whopping 80 million users who shared more than 4 billion photos total. The popular Facebook-owned photo sharing service is growing faster than both Facebook and Twitter but they have hit a slight snag. Twitter has cut off access to the API needed to lookup and follow friends from your Twitter profile to Instagram. Instagram is still able to post photos to Twitter, the app no longer accesses follower or “following” lists.
- ASUS breaks through 120Hz refresh rate with VG278HE gamer monitor – Asus’ new VG278HE monitor has finally broken through the 120Hz refresh barrier that most monitors come up against. The newest 27″ monitor can be configured to a smooth 144Hz. The epic VG278HE has HDMI, dual-link DVI and VGA inputs and will be available from Q4 2012.
- Samsung posts record $5.9 bln profit on smartphones – The world’s top technology firm by revenue, Samsung has posted some big numbers in their latests earnings. Operating profit was up 79 percent from a year ago to $5.86 billion on the back of some incredibly strong smartphone sales.
- Facebook begins to show its cracks - Facebook Inc’s first set of quarterly results failed to calm anxious investor’s. Its shares dropped 11 percent to a record low of $23.94 in after-hours trading (They listed at $38 a share barely 2 months ago). Revenue saw a 32 percent increase in the second quarter as monthly active users grew to 955 million, up from 901 million at the end of March.
- MWEB slashes 10Mbps uncapped ADSL price - MWEB has cut the price of a 10Mbps uncapped ADSL account from R1,999 per month to R999 per month. The reason being that they want to enable their clients to move up the so called ‘value chain’. MWEB ISP CEO Derek Hershaw was quoted as saying “Locally, 10Mbps Uncapped ADSL is a premium product and by cutting the price of our offering by 50% we’re making it possible for more South Africans to move up the broadband value chain to top speed, uncapped Internet”. We like the way that MWEB is doing business.