Sources: Snap has acquired Metamarkets for less than $100M to step up its ad tech play

As Snap, the parent company of Snapchat, gears up to report its quarterly earnings next week, it looks like the company is making some moves to beef up its primary business line, advertising. TechCrunch has learned that the company has acquired Metamarkets, an ad tech startup that provides programmatic ad data-related … More…

Facebook said to be working on dedicated video chat device

Facebook is reportedly working on dedicated video chat hardware, per a new report by Bloomberg. The device is said to be the inaugural major product from Facebooks hardware-focused Building 8 product development lab, and will include a notebook-sized display. Its intended to make video chat participants separated geographically feel like … More…

Teens favoring Snapchat and Instagram over Facebook, says eMarketer

Facebook is losing appeal among teens and young adults which is contributing to generally slowing growth for the platform, according to the latest projections from research firm eMarketer. At the same time alternative social apps Snapchat and (Facebook-owned) Instagram are seeing rising and double-digit growth in the same youth demographic … More…