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Josh Constine / TechCrunch:
Facebook-owned WhatsApp launches Status, an encrypted Snapchat Stories clone   —  WhatsApp could put the brakes on Snapchat's international growth with today's launch of WhatsApp Status, a new tab for sharing decorated photos, videos and GIFs that disappear after 24 hours.
Feb 20, 2017, 12:13 PMIn context
Josh Constine / TechCrunch:
Snap starts selling Spectacles online in the US for $130 at Spectacles.com   —  Snap wants to prove to investors in its upcoming IPO that Spectacles can earn money for its business, not just be a brand stunt.  So today, Snap begins selling its video-recording sunglasses Spectacles openly online …
Feb 20, 2017, 8:15 AMIn context
TechCrunch:
Sources: Twitter plans to pare down three ad products, including legacy TellApart business, the firm's direct response business, and aspects of Promoted Tweets   —  Twitter continues to bleed cash and its advertising business has begun shrinking, so it's time for a change.
Feb 13, 2017, 2:50 PMIn context
Josh Constine / TechCrunch:
Facebook says its Facebook Lite app has 200M users, up from 100M in March 2016, and is now expanding to UAE, Italy, South Korea, and Israel   —  Facebook's stripped-down but speedy Lite app is growing fast and adding countries so it can keep connecting people and building the company's business …
Feb 8, 2017, 4:45 PMIn context
Josh Constine / TechCrunch:
Ev Williams: our goal is to launch Medium consumer subscription product this quarter   —  Medium CEO Ev Williams announced today at Upfront Summit that his company will launch a consumer subscription product, with the first version coming this quarter.  This could help develop an additional revenue stream apart from advertisements.
Feb 3, 2017, 2:45 PMIn context
Josh Constine / TechCrunch:
Snapchat filing shows DAU growth slowed at end of Q3, right after Instagram Stories launched, cites competitors that may mimic its products under risk factors   —  Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided with a massive drop …
Feb 2, 2017, 9:00 PMIn context
Josh Constine / TechCrunch:
Report: Snapchat has 160M DAUs, up from 130M in Q1 2016, as revenue reaches $400M in 2016, beating internal targets   —  Some Snap Inc stats have leaked ahead of its expected IPO filing today, and they show strong progress in earning money, but slowed user growth.
Feb 2, 2017, 3:35 PMIn context
Josh Constine / TechCrunch:
Facebook reports Q4 revenue of $8.81B, vs $8.51B expected, as MAUs grow to 1.86B, up 17% YoY, and DAUs rise to 1.23B for December 2016, up 18% YoY   —  Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS.  It pulled that from 1.86 billion monthly users …
Feb 1, 2017, 4:12 PMIn context
Josh Constine / TechCrunch:
Facebook is now training its News Feed algorithm to detect authenticity of posts to reduce the promotion of spammy, fake, and sensational stories   —  Facebook is prioritizing “authentic” content in News Feed with a ranking algorithm change that detects and promotes content “that people consider genuine …
Jan 31, 2017, 4:30 PMIn context
Josh Constine / TechCrunch:
Snapchat now lets you make QR Snapcodes that will open websites inside the app when scanned   —  Facebook gave businesses the Like button connected to their Page, and now Snapchat is giving websites their own QR Snapcodes.  With today's iOS update and Android beta, users can create …
Jan 31, 2017, 1:45 PMIn context

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