Check out this week’s summary of all the latest social media news, including changes and new features on Facebook, Twitter, and Google+:
- Facebook sunsets Credits, transitions to local currencies to boost international payments – Facebook has retired its virtual currency Credits – which made international payments challenging due to fluctuating exchange rates – and has transitioned over to local currency payments (TechCrunch)
- Facebook tests auto-play News Feed videos on mobile – last Thursday Facebook rolled out auto-playing in-stream videos for some users (as a test); the videos are only from other users (not brands or advertisers) and only play audio if users tap on the video to go fullscreen (AllThingsD)
- Twitter buys MoPub for $350M to up the ante in mobile advertising – Twitter made a big splash last week by buying startup MoPub, which helps mobile publishers manage their ad inventory; this will help Twitter build up mobile advertising on the platform (TechCrunch)
- Twitter’s new “Verified” filter lets celebs hob-nob in peace – users with verified profiles now get two new filters for the ‘Connect’ tab; ‘Filtered’ works to cut down spam, and ‘Verified’ only shows interactions with other verified accounts (TechCrunch)
- Twitter music app launches on Spotify – Twitter has launched a version of its music discovery service on Spotify; users can discover music through artists and songs trending on Twitter as well as music within Spotify’s catalog, and the platform’s artist playlists and release alerts (CNET)
- Twitter files for Initial Public Offering – last Thursday, Twitter officially tweeted out that the company has filed the confidential paperwork to start the process for an initial public offering (WSJ)
We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.
— Twitter (@twitter) September 12, 2013
- Google+ brings embedded posts to publishers (just like Twitter and Facebook) – last Monday, Google+ announced that third-party publishers can now embed Google+ posts into their websites (AllThingsD)
- Google+ gets a sweet photo editor. Your move, Facebook – Google+ launched new photo editing tools to help users customize their images — including filters and the ability to adjust selected parts of an image (VentureBeat)
Any social media updates that we missed? Let us know in the comments below!