Tag Archives: instagram

Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...

Byte, a 6-seconds video-sharing app created by the co-founder of Vine, Dom Hofmann, has been launched on Apple‘s App Store and Google Play. Interestingly, Byte is now among the most downloaded apps in both stores despite the flaws it has. As such, the app could potentially meet its aim to rival ByteDance‘sTikTok, a video sharing platform valued at $75 billion.Byte Launches on Apple and Google StoresOn January 24, 2020, Byte was launched on Apple App Store and Google Play Store.Reportedly, the...

TikTok is the video app popular among Generation Z ( the demographic cohort succeeding the Millennials, or Generation Y. Demographers and researchers typically use this term speaking about the mid- to late-1990s as starting birth years). The app is best known for its viral dancing and singing challenges, is obviously now a number one entertainment app on Apple‘s App Store for example.But let’s start from the beginning. There are many social media nowadays but few have the chance to get...

Facebook is facing a lawsuit from a group of four plaintiffs who are accusing the social media giant of anti-competitive moves. The complainants are demanding a court order that will force the company to shed some of its weight and sell its assets.The Facebook LawsuitOn Thursday, four tech startups initiated the lawsuit. In the filing, the plaintiffs suggest Facebook’s unlawful moves have built what they describe as a “social data barrier to entry.” This continues to prevent them from being...

Instagram’s Boomerang has received an upgrade. Apart from looping, users of the social networking platform will be able to do a bit more with their videos. The platform has introduced new tools to try to compete with TikTok.The features have been expected by many users. One of the features is the trimming effect. This improves playback control for videos when editing. Other effects include “SlowMo” which reduces playback by 50%, “Echo” which produces blurry playback and “Duo” which produces...

Snap Inc, the parent company of multimedia messaging app Snapchat, has acquired Ukraine-based startup AI Factory. This computer vision startup is the same company that has worked on creating Snapchat’s Cameos feature.AI Factory’s company profile shows that it provides several artificial intelligence business solutions for “image and video recognition, analysis and processing” . Thus, the Cameos feature also works on the same image and video processing technology developed by the company.The...

The U.S. Federal Trade Commission (FTC) said on Thursday it is considering the possibility to seek a preliminary injunction against social network Facebook Inc., claiming it is acting anticompetitive by integrating other social apps in its network.Besides its social network, the tech giant owns Instagram, Messenger and WhatsApp and this injunction wants to ban Facebook from further integrating new applications.According to a Wall Street Journal, in a situation where this would become an...

We all know how it is to forget someone’s birthday, holiday or, god forbid, anniversary. Before we used our little calendars with post-its all around saying: “your first kiss anniversary, he wore a brown jumper, buy beer”, etc. However, since we have Facebook, it was hard to forget, well, almost anything. With its ‘calendar’ and ‘memories’ it reminds us of all the things we’ve done in the past – yes, that includes your drunk uncle puking after New year’s brunch. Its “Year in Review” videos,...

Even though the world of social media is a global affair, all fingers are certainly not equal and like any other consumer market, various platforms fight for dominance among users with some faring better than others. Facebook, in particular, has been a mainstay within the social media market for over a decade and this includes Facebook itself as well as Messenger, Instagram, WhatsApp and so on. However, there is a new crop of social media platforms that threaten its dominance and are reaching...

Facebook Pay wird den Online Zahlungsverkehr massiv vereinfachen! Facebooks geplante Kryptowährung Libra läuft keineswegs so, wie sich das Unternehmen dies vorstellte. Unabhängig davon bringt der Branchenprimus in Sachen Social Media nun ein neues digitales Zahlungssystem an den Start: Facebook Pay. Keine Berührungspunkte mit Libra Der neue Zahlungsdienst Facebook Pay, welcher direkt in das soziale Netzwerk, den Nachrichtendienst WhatsApp,...