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Fab.com Ditches Google+ in Favor of Pinterest

Lauren Goode in News on May 16 at 5:26 am PT

Fab.com, the shopping Web site that raised $40 million late last year in a Series B round led by Andreessen Horowitz, has revamped its site to highlight more social features, including the ability to filter its live shopping feed by category, buy straight from the feed, and see what Facebook friends are buying. Fab has also removed its Google+ button in favor of a Pinterest pin. The company claims four million members in the 10 months since its launch.

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Facebook Bumps Up Amount of IPO Shares Offered By 25 Percent

Mike Isaac in Social on May 16 at 4:06 am PT

Facebook is bumping up the number of shares in its initial public offering by nearly 25 percent, pushing the total amount to more than 420 million shares. The increase means the company may end up raising $16 billion on Friday.

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Social Analytics Start-Up Prosodic Launches With $1.4 Million in Seed Funding

Mike Isaac in Social on May 15 at 9:17 am PT

Software platform and social analytics firm Prosodic announced Tuesday it had completed a $1.4 million round of seed funding at its official launch. Investors in the round include Ignition Partners and angels Gary Vaynerchuk and David Remer of Remer Inc. The company is a predictive analytics service, informing its corporate and media customers what content should be shared with targeted audiences and how often.

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Cannes Ad Conference Roars for Twitter’s Jack Dorsey

Peter Kafka in Media on May 15 at 7:02 am PT

The Cannes Lions, the people who put on a giant advertising trade show every year in France, have named Twitter’s Jack Dorsey as their “Media Person of The Year.” The honorific comes as Twitter has begun ramping up its ad-selling efforts. For context: Previous winners include Google’s Eric Schmidt and Facebook’s Mark Zuckerberg.