Ahoy, it’s doom and gloom for Reddit after the company welcomed investment from Chinese censorship overlord Tencent. Well, not quite. The reality is, in fact, it’s quite the opposite. In recruiting the company behind one of the internet’s largest and vibrant social networks — chat app WeChat — and countless blockbuster games, Reddit has pulled off […]
View More No, Tencent isn’t about to burn Reddit downCategory: Evan Spiegel
Snapchat shares soar as it stops losing users, shrinks losses in Q4
Snapchat isn’t growing again, but at least it didn’t hemorrhage any more users in its Q4 earnings report. The company stayed flat at 186 million daily users after falling from 191 million in Q1 to 188 million in Q2 to 186 million in Q3. It exceeded an expected quarterly count of 184.2 million user, though 186 […]
View More Snapchat shares soar as it stops losing users, shrinks losses in Q4Snapchat’s Android usage keeps falling but rebuild tests well
Snap has finally begun publicly testing the engineering overhaul of its slow and buggy Android app that for years has cost Snapchat users. Promising early results and reduction in app startup time could help Snapchat fix its growth problem after daily active users sank in Q2 and Q3 before staying put at 186 million in […]
View More Snapchat’s Android usage keeps falling but rebuild tests wellHollywood execs really love this Snapchat movie script
A fictionalized docudrama about the creation of Snapchat was crowned the most-liked script to make the rounds in Hollywood this year, as it earned the top spot on the Black List. Read more…More about Mashable Video, Snapchat, Evan Spiegel, Tech, and…
View More Hollywood execs really love this Snapchat movie scriptWhatsApp could wreck Snapchat again by copying ephemeral messaging
WhatsApp already ruined Snapchat’s growth once. WhatsApp Status, its clone of Snapchat Stories, now has 450 million daily active users compared to Snapchat’s 188 million. That’s despite its 24-hour disappearing slideshows missing tons of features including augmented reality selfie masks, animated GIFs, or personalized avatars like Bitmoji. A good enough version of Stories conveniently baked […]
View More WhatsApp could wreck Snapchat again by copying ephemeral messagingTencent is launching its own version of Snap Spectacles
Some were surprised to see Snap release a second version of its “face-camera” Spectacles gadget, since the original version failed to convert hype into sales. But those lackluster sales — which dropped to as low as 42,000 per quarter — didn’t only fail to dissuade the U.S. social firm from making more specs, because now […]
View More Tencent is launching its own version of Snap SpectaclesShould cash-strapped Snapchat sell out? To Netflix?
Snapchat needs a sugar daddy. Its cash reserves dwindling from giant quarterly losses. Poor morale from a battered share price and cost-cutting measures sap momentum. And intense competition from Facebook is preventing rapid growth. With just $1.4 billion in assets remaining at the end of a brutal Q3 2018 and analysts estimating it will lose $1.5 […]
View More Should cash-strapped Snapchat sell out? To Netflix?9 highlights from Snapchat CEO’s 6000-word leaked memo on survival
Adults, not teens. Messaging, not Stories. Developing markets, not the US. These are how Snapchat will make a comeback, according to CEO Evan Spiegel . In a 6,000-word internal memo from late September leaked to Cheddar’s Alex Heath, Spiegel attempts to revive employee morale with philosophy, tactics, and contrition as Snap’s share price sinks to […]
View More 9 highlights from Snapchat CEO’s 6000-word leaked memo on survivalYears after Evan Spiegel tried to buy Secret, its co-founder David Byttow joins Snap as director of engineering
David Byttow, co-founder of Secret, the defunct anonymous social network that once gained notoriety for serving as the tech industry’s burn book, announced today that he will join Snap. The hire is noteworthy because before Secret shut down in 2015, Snapchat CEO Evan Spiegel tried to acqui-hire its team but decided the asking price was […]
View More Years after Evan Spiegel tried to buy Secret, its co-founder David Byttow joins Snap as director of engineeringSnapchat adds new styles as Spectacles V2s get used 40% more than V1
Snapchat isn’t revealing sales numbers of version 2 of its Spectacles camera sunglasses, but at least they’re not getting left in a drawer as much as the V1s. The company tells me V2 owners are capturing 40 percent more Snaps than people with V1s. And today, Snapchat is launching two new black-rimmed hipster styles of […]
View More Snapchat adds new styles as Spectacles V2s get used 40% more than V1Evan Spiegel just threw some serious shade at Mark Zuckerberg and Facebook
Surprise, surprise, Snap CEO Evan Spiegel is NOT a fan of Facebook and its incessant copying of Snapchat.
But what is a little surprising is the usually reserved CEO just threw some serious shade at Facebook and CEO Mark Zuckerberg over its han…
Snapchat’s user satisfaction is at an all-time low
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Snapchat has embarked on its road to redemption with a redesigned redesign — but new polling numbers show that the journey back to user faith will be a long one.
The polling company YouGov released a report about Snapchat on Friday showing that millennial consumer sentiment towards the brand is at an all-time low. YouGov’s Impression poll about Snapchat, which asks whether people have a positive or negative impression of a brand, dropped 73 percent from late January to early April. Snapchat reached a high score of 30, and dropped to 8 by April. Yikes! Read more…
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