Social Media Newsfeed: Reddit Crowdfunding Platform | Dunkin’s Croissant Donut

Reddit launches a crowdfunding platform. Dunkin' Donuts is launching a croissant donut, and the conversation is swirling on social media. These stories, and more, in today's Morning Social Media Newsfeed.

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Reddit150x150logoReddit Launches its Own Crowdfunding Platform: Redditmade (SocialTimes)
Good news for T-shirt-loving redditors: The front page of the Internet has launched its own crowdfunding platform called Redditmade. The site is currently in open beta and contains many T-shirt campaigns — “the quickest and easiest campaigns to create (for now) are for T-shirts,” explains the site’s FAQ. The New York Times The move will add another revenue stream to Reddit, which has tried to find creative ways to make money from the millions of people who visit the site without angering its quirky community of Internet denizens. Reddit has grown enormously in popularity over the last five years but only recently started focusing more on making money. GigaOM The new platform looks very similar to sites like Kickstarter and Indiegogo in that there is a time limit of 30 days in which a campaign has to reach its goal or be eliminated. But Reddit’s version at least initially is focused much more on the charitable side of the crowdfunding equation, in that many of the campaigns are set up to give their proceeds to charitable groups. VentureBeat The Redditmade platform is likely to strengthen the sub-communities within Reddit. The platform is also a natural fit for Reddit, which is known for having its users come together to bring attention to important issues or raise money for important causes on other crowdfunding platforms.

Dunkin’ Donuts Is Making a Croissant Donut, but Don’t Call it a Cronut (Adweek)
Next Monday, Dunkin’ Donuts will roll out a croissant-donut hybrid across the U.S. But if you think the chain is copying the now-famous cronut from New York-based bakery Dominque Ansel, think again. The brand uses its various social media channels regularly to announce deals, reward possibilities and new products. The brand uses similar content across all channels, but the way it interacts with fans on each seems to differ.

YouTube Makes Hamers Happy with 60fps Playback (The Next Web)
Gamers and Peter Jacksons of the world, rejoice. YouTube is now offering high framerate videos. We already knew the feature was coming, as 48fps and 60fps support were both announced at VidCon earlier this year, but as Kotaku spotted, this is the first time the feature is available to the public.

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Facebook Replaces ‘Build Audience’ Button on Pages with ‘Advertise Business’ (AllFacebook)
Facebook tweaked one of the buttons on its pages, replacing its “Build Audience” button with an “Advertise Business” button. Clicking on the Advertise Business button brings up a pull-down menu with the following options for page administrators: Boost latest post, promote your page, send people to a website, manage ads and advanced options.

FBI Releases Vine Star Jerome Jarre From Custody After Reading Fans’ Tweets (BetaBeat)
A funny thing happened on the way to Miami when Vine celeb Jerome Jarre tried to shoot one of his six-second videos on an American Airlines flight. The drama began when the social media star attempted to make a video of himself exiting the airplane bathroom wearing nothing but a speedo and an inflatable duck.

Twitter Partners With IBM to ‘Transform Enterprise Decisions’ (AllTwitter)
Twitter and IBM have formed a global partnership that will allow enterprises worldwide to incorporate Twitter data into their decision-making process via IBM tools. “From a data perspective, Twitter represents an enormous public archive of human thought that captures the ideas, opinions and debates taking place around the world on almost any topic at any moment in time,” writes Chris Moody, VP of business development at Twitter.