Facebook breaks news, Twitter opens your wallet, and Snapchat makes funny faces: Weekly Social Media Roundup

Our weekly roundups corral the news you can use.

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The news this week just kept coming and coming.

Facebook Wants to be the Place for Breaking News

Let’s start with Facebook. Facebook has heard that Twitter is the go-to place for breaking news, and since Facebook does not want anyone looking at a social network they do not already own, this week they announced Signal.

“a free discovery and curation platform that journalists can use to see what’s trending on both Facebook and Instagram. Available on desktop-only for now, it’s main purpose is to make the news-gathering process easier.”

No Dislikes on Facebook

Also, whether you like it or not, Facebook is looking at developing a “dislike” button.

“Zuckerberg said the feature will be coming soon during a town hall meeting on Tuesday at the company’s California headquarters. However, he also said it wouldn’t be a way for users to “downvote” posts and instead would let users express other emotions besides the inferred positivity of the Like button.”

Behind the Scene at Facebook HQ

I have mentioned in a previous roundup that Facebook is rolling out their live streaming video feature. This week, Zuckerberg showed off the streaming feature by giving viewers a tour of Facebook’s HQ.

Time to Advertise on Instagram

Other big in news this week was Instagram which has opened up their advertising platform to everyone.

“With technology that leverages the best of Facebook’s ads infrastructure, it’s now easy for advertisers on Instagram to target their message more effectively and reach people based on what they care about—whether it’s fashion, sports, cars or food. Advertisers also have access to new ad formats that help them achieve a variety of objectives, allowing people to learn more about something that interests them or even shop for a product right from Instagram.”

POP on Twitter

Twitter is becoming a point of purchase announcing that now anyone can sell anything (well maybe not anything) directly on Twitter through Stripe.

“Now anyone with a Stripe account can build what amounts to a virtual catalog of items that, for starters, they can use to sell anything on Twitter without the customer ever having to leave Twitter’s app.”

That also means you can donate to your favorite politician now as well.

Silly Snapchat

If you think Snapchat is silly, it is about to get sillier thank to its acquisition of Looksery – and perhaps that is what makes it so popular.

New Milestone for Pinterest

Finally, Pinterest reached a new milestone announcing that it has 100 million users! Just keep pinning.

Did we miss any big headlines? Share with us in the comments.