Social Media is one of the fastest changing fields, every second something new and unique happens. The experts of the domain  are constantly updating the regular happenings that have certain impact on the people. Social networking websites like Facebook, Twitter are always doing something that is different from the others and has a direct link with the users of the platform. Not to forget are the latest social media mobile apps, Snapchat, Instagram, Vine, all are working on similar lines ready to influence the market as a whole.

In the past one week there have been certain newsworthy updates, projects, controversies and acquirings. Following is a concise version of all the news details that you need to know.

Facebook To Launch New Apps- Facebook, the social media giant and the tech master is all set to launch a new newsreader and calendar app. ‘The Paper’ can be looked at as a magazine, a newspaper, a content platform or just a fancy-looking newsfeed. Seeing the various mobile apps succeed, Facebook is looking forward to work on more stand alone apps like its messenger which has done well in the social media market.

Medium, the Platform raises $25 million- Efforts of the co-founder of Twitter, Ev Williams, finally pay off. Medium, finally gets investors interested in taking the blogging website ahead and working towards making it a better platform. According to reports, Greylock Partners, the main investors have two people appointed who shall work with the board and take Medium to exceeding heights.

Limits Loosened on Tech Companies- NSA has supposedly reduced the number of orders laid and orders have been given to remove some regulations that were made for internet and phone companies. A more transparent approach will be practiced between the US government and the top tech companies like Google, Facebook etc.

Facebook is hiring for a secret project- Facebook was secretly hiring editors for its new app, ‘The paper’ which is to launch soon enough in the first week of February 2014. The editors will be responsible for selecting the best stories that would be apt for the kind of user base that Facebook has. The app will let the website be at par with all likewise websites on the social media as well.

Twitter updates its Android app- Twitter has made many changes to its Android app off late. This time most of its updates are related to the photo sharing features on the website. Photos before being uploaded can now be cropped and a particular aspect ratio can be selected as per the users need. Twitter now also gives the option to mention friends much like Facebook's tagging friends in the photos feature. The update also includes a revamp given to the discovery feature on Twitter.

Yahoo apologises to Google- Yahoo tweeted an apology to Google for an earlier tweet that read, ‘Gmail is temporarily unavailable.’ Not long ago, Yahoo itself had issues and errors related to yahoo mail and made a rather disturbing tweet.

Google Acquires DeepMind- Acquisitions are a part of social media’s daily curriculum. Google lately acquired DeepMind, an artificial intelligence firm for about $400 million. This step can help Google in becoming the world leaders in artificial intelligence. The acquisition was confirmed by Larry Page, CEO Google.

For a complete read follow the links. Have a nice week and be socially active!

Source: http://www.socialappshq.com/blog/2014/02/03/weekly-social-media-news-updates/