Social Media Digest:Instagram grows, Twitter’s Arabic & Linkedin Share Plunge
- Social Media
Welcome back to our weekly instalment of what’s hot in the world of social media. In case you missed what happened over the past week, here’s a run-down of our top four:
1. Arabic is the fastest growing language on Twitter as of October 2011 and is now the eighth most used language on the popular social networking website, a study showed Thursday. The Paris-based Semiocast released an analysis on the language shares on Twitter, surveying 5.6 billion public messages gathered between July 1, 2010 and Oct. 31, 2011. “More than 2 million public messages were posted ever day on Twitter in Arabic, from about 30,000 in July 2010 [out of 5.6 billion tweets],” the study said.
2. Instagram now has 13 million users, just 13 months after it was launched and shows no sign of slowing down. The small company has just seven employees and grabbed another million users last month and now boasts well over 13 million application users, co-founder Kevin Systrom confirmed.
3. In what could be the first signs of the bursting dotcom 2 bubble, shares of LinkedIn fell 6.7% on Monday.The lockup expiration has been on investors’ minds, as four company insiders have already said they are cashing out in a second offering of stock. Meanwhile, LinkedIn is selling 1.3 million of its own shares in that offering. Those announcements don’t inspire confidence in a stock that’s been criticized for overvaluation since its IPO. LinkedIn shares are down almost 23% over the month, and 15% over the past week alone.
4. The number of people accessing social media websites and apps on their mobile phones has increased by 44 per cent in the past 12 months, new figures show. Providing an insight into the changing ways that consumers both interact with each other and use technology, the comScore study revealed that in the five leading European markets (France, Germany, Italy, Spain and the UK), 55.1 million people used their phones for social media. Figures also reveal that the rate of growth in the use of social networking on a daily basis has risen beyond the growth rate of first-time adoption.
Images kindly sourced from: