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Latest Innovative Technological Advancements Fueling Tremendous Growth in Social Media MarketPALM BEACH, Florida, October 17, 2017 /PRNewswire/ -- Social media has become essential in modern society and according to Ameri Research Inc., the continued growth is very evident with estimated revenues of 13 billion USD in 2016 and is still expected to grow at a CAGR of 21.29% till 2024. Rapid development in innovative apps and social network platforms, online media marketing and a continually increasing number of users are all part of the major growth factors for social media industry. The social media market is one of the core emerging fields for technological innovation as the growth of the industry has impress many on Wall Street and is forecasted to continue to show positive numbers. Active companies in the cannabis market today include: Findit, Inc. (OTC: FDIT), Facebook, Inc (NASDAQ: FB), Twitter Inc. (NYSE: TWTR), Snap Inc. (NYSE: SNAP), Microsoft Corporation (NASDAQ: MSFT). Findit Paid For Services: Findit is a free platform that anyone can use that offers paid for services. These paid for services as the Findit brand grows are very useful to current members utilizing them. They include Findit URLs, submitting to Findit search web pages you want indexed, promoting posts in Findit to Findit's social accounts on Twitter, Facebook, Google + and other bookmarking and social sites and Findit's news and press release distribution services. Download the Findit App for IOS devices here Apple App Store - Download the Findit App for Android at Google Play Store In other industry news and developments from around the social media sector: It has been reported that Facebook, Inc (NASDAQ: FB) has acquired the anonymous social networking app tbh for an undisclosed amount, and intends to continue to operate it as a standalone app. The acquisition was first reported by Techcrunch Monday, which put the acquisition price at around $100 million. Tbh allows users to create polls based set questions, including "who makes you laugh the hardest" and "who has the best smile." Users then select up to four contacts from their address book. The sender of the poll remains anonymous, unless she or he decides to reveal their identity. Read the full article at http://variety.com/2017/digital/news/facebook-tbh-acquisition-1202591348/ Snap Inc. (NYSE: SNAP) - Snapchat is more popular among U.S. teens than ever, according to new research from investment firm Piper Jaffray. The company surveys teens in the U.S. about their media habits every spring and fall. This fall's survey found that 47 percent of surveyed teens say Snapchat is their preferred social media, up from 39 percent in the spring. Way back in the spring of 2015, Snapchat was their least preferred social media platform. And Instagram hasn't been the most popular platform since 2015, according to the survey data. Microsoft Corporation (NASDAQ: MSFT) made a move into the social media arena last year by acquiring Linkedin in a $26.2 billion dollar cash deal. The acquisition was considered the largest in the Company's history that united two major companies in different businesses. It was recently reported LinkedIn is rolling out video ads, which will be displayed as standalone posts, as opposed to pre-roll or mid-roll ads, with a "Promoted" label, Recode reports. Video ads will auto-play without sound, and are currently only being tested on mobile. Select advertisers are part of the soft launch, and the company plans to roll out video ads to all brands in the first half of 2018. DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. 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