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Recode:
eMarketer says Facebook lost ~2.8M US users under 25 in 2017, predicts it will lose ~2.1M in 2018; Instagram's US users will grow 13%, Snapchat's by 9% in 2018   —  That's according to research firm eMarketer.  —  Facebook is losing young users even quicker than expected, according to new estimates by eMarketer.
Feb 12, 2018, 6:50 AMIn context
Kurt Wagner / Recode:
Sources: HQ Trivia is raising a $15M round led by Peter Thiel's Founders Fund at a $100M+ valuation   —  Founders Fund partner Cyan Banister is leading the round.  —  HQ Trivia, the popular trivia gameshow app, plans to raise money in a new round of financing that values the company north of $100 million …
Feb 2, 2018, 12:42 AMIn context
Recode:
Facebook's daily active user base in the US and Canada fell for the first time ever in Q4, dropping to 184M from 185M in Q3   —  It was a small but negative change to daily active users in Facebook's most valuable market.  —  Here's a troubling data point if you're a Facebook investor …
Jan 31, 2018, 10:05 PMIn context
Kurt Wagner / Recode:
Facebook says it's banning all ads for cryptocurrencies, ICOs, and binary options to avoid “misleading or deceptive promotional practices”   —  It's an “intentionally broad” policy aimed at stopping scammers.  —  Facebook is banning all ads that promote cryptocurrencies …
Jan 30, 2018, 2:15 PMIn context
Kurt Wagner / Recode:
Facebook CMO Gary Briggs is leaving to advise other companies, sit on some boards and help the Democrats in 2020   —  Briggs has been Facebook's chief marketing officer since 2013.  —  Facebook CMO Gary Briggs is retiring.  —  Briggs, who joined Facebook in 2013 from Google …
Jan 23, 2018, 2:35 PMIn context
Kurt Wagner / Recode:
Facebook tests local news feature called Today In across six US cities, combining human curation and AI to surface news, events, and announcements in its app   —  Facebook is vetting local publishers that appear in this section.  —  Facebook wants to make it easier for people to find local news from vetted sources.
Jan 10, 2018, 11:50 AMIn context
Kurt Wagner / Recode:
Oculus to launch the Mi VR in China, which will be similar to Oculus Go but with partner Xiaomi providing software for the headset instead of Facebook   —  The new headset comes thanks to a partnership with Chinese tech giant Xiaomi.  —  Facebook is taking a major step toward its goal …
Jan 8, 2018, 7:25 PMIn context
Kurt Wagner / Recode:
Timehop founder Jonathan Wegener, who joined Snap in January to work on Snapchat's product, has already left the company   —  Jonathan Wegener joined Snap in January to work on product.  Now he's gone.  —  Timehop founder Jonathan Wegener, who joined Snap in January to work on Snapchat's product, has already left the company.
Dec 21, 2017, 3:30 PMIn context
Kurt Wagner / Recode:
RBC: 44% of US teens chose Snapchat as the one social network they would keep if trapped on deserted island, ahead of 24% for Instagram and 14% for Facebook   —  Good news, Snap investors.  —  Some good news for Snap: Despite its sluggish business and slumping stock price …
Dec 18, 2017, 7:45 PMIn context
Kurt Wagner / Recode:
Sources: at least three prominent investors have decided not to fund HQ Trivia after finding troubling conduct on part of the founders, particularly Colin Kroll   —  Former Vine co-founders Rus Yusupov and Colin Kroll don't have a lot of fans from their time at Twitter.
Dec 18, 2017, 1:25 PMIn context

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