Social Media Newsfeed: HootSuite Financing | iOS 8 Update

HootSuite closes a $60 million financial round. Apple issues new iOS update after problems. These stories, and more, in today's Morning Social Media Newsfeed.

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NewHootSuiteHootsuite Acquires Social Telephony Company Zeetl, Closes $60M Financing Round (AllFacebook)
Social relationship platform Hootsuite, a Facebook Preferred Marketing Developer, announced Tuesday that it acquired social telephony company Zeetl and closed a $60 million financing round. Hootsuite said its acquisition of Zeetl will allow it to integrate new voice technology into its social relationship platform, adding another tool to its arsenal for customer service teams. AllTwitter Hootsuite’s social media dashboard is extremely dominant in what was once a fairly competitive space – earlier this month the platform reached 10 million users, representing growth of 3 million users in about a year. Hootsuite’s fremium model has served it well, allowing the dashboard to attract and cater to all levels of user, from social media newcomers to corporates. Mashable Previous funding has come from Accel Partners, Insight Venture Partners and OMERS Ventures, among others. The most recent round, last August, was for $165 million, which may have put Hootsuite’s valuation in the billion-dollar range. Re/code Hootsuite allows its customers to monitor their social media campaigns on major networks like Facebook and Twitter, but there are others networks CEO Ryan Holmes has his eyes on. He wants to bring Instagram and Snapchat into the fold, too. TechCrunch The $60 million of new funding was led by a “large Boston-based asset manager,” Hootsuite says. It is not naming Fidelity, but The Wall Street Journal reported a couple of weeks ago that Fidelity had made a $35 million investment in the company.

Apple Issues iOS 8 Update (VentureBeat)
And here it is, a new iOS 8 update following Wednesday’s mess and retraction of iOS 8.0.1. To update to the new version, iOS 8.0.2, go to your device’s Settings > General > Software Update, and off you go.

New Social Network ‘The Dots’ Launches as ‘LinkedIn for Creatives’ (SocialTimes)
A new social network called “The Dots” launched Thursday in the U.K. with over 13,000 brand partners, reports The Drum. The site is a “LinkedIn for creatives” and is helmed by Pip Jamieson, who co-founded a similar site in Australia.

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Instagram Adds Front Camera Support to its Hyperlapse App (The Next Web)
Instagram has released an update to its Hyperlapse app for iOS that will let you create timelapse videos using your front-facing camera. The feature works as expected, adding a small icon next to the record button.

‘Law and Order: SVU’ Premiere Tops Twitter Ratings (LostRemote)
NBC’s “Law and Order: SVU” premiered its 16th season Wednesday night and made Nielsen’s Top 5 in Twitter ratings. That has everything to do with the show’s efforts in building a Twitter presence.

Send Self-Destructing Social Media Posts with Xpire (CNET)
Xpire is a free iPhone app that lets you schedule self-destructing tweets as well as Facebook and Tumblr posts. After all, a tweet along the lines of “I’m at the mall, what’s poppin’?” does not need to live on for future generations. Or even the next day.

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#FreeSimmons is Trending on Twitter in Support of Suspended ESPN Journalist (Adweek)
Grantland editor in chief Bill Simmons’ profanity-laced rant about NFL commissioner Roger Goodell may have placed him in hot water with his company, but the public is showing overwhelming support on social media for his statements. The hashtag #FreeSimmons began trending Thursday in support of the suspended sports journalist.

Where Are Marketers Planning to Spend Their Holiday Budgets? [Infographic] (SocialTimes)
A whopping 94 percent of marketers plan to spend the majority of their budgets on Facebook, with only 4 percent planning to spend more on Twitter. That said, 73 percent of marketers think that Instagram is the breakout network for 2014, so there may be an increase in spending there.

Narendra Modi: The Social Media Politician (The New York Times)
American politicians seeking to do well on social media may want to take note: one of the world’s best will be in New York this weekend. Narendra Modi, the Indian prime minister, will address a sellout crowd of supporters at Madison Square Garden on Sunday, and he’ll do so not just as the leader of one of the world’s largest countries but also as a juggernaut of political social media.

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