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Category: Distruption

Just When You Thought It Was Game Over, Oh, Snap!

Just When You Thought It Was Game Over, Oh, Snap!

It wasn’t all that long ago that so-called ephemeral messaging app Snap (nee SnapChat and SnapChat is less private than you think, as we know) hit the zeitgeist, and quickly seized a sizeable share of one-time Facebook users – especially the younger ones. Now, as Business Insider notes, Snap is working on an IPO for March that would value the company at $25 billion, and “…as part of Snap’s evolution, it’s become an increasing threat to Facebook and Instagram in terms of both attracting younger users and chasing ad dollars. A Nielsen study from September 2015 showed that the company was reaching 41% of all 18- to 34-year-olds.

“That number is likely higher now. A recent eMarketer study said that Snapchat will have reached 58.6 million people in the US, or 31.6% of social media users, by the end of 2016.”

And to think that founder Evan Speigel was considered non compos mentis for having turned down a $3B offer from Facebook just a few short years ago, although as we ourselves reported back in 2013, “right or wrong, Snapchat skated to where the puck is going.” Read More...

The Payback is a Bitch Edition

The Payback is a Bitch Edition

First, a must-read: Tech’s Enduring Great-Man Myth.

As promised, no editorial this week due to the holidays, but rust and tech – and hubris, it seems – never rests, and given the increasing amount of connectedness/surveillance/ control of which tech is capable, and with governments at the table and in the code, fyi:

Google My Activity shows everything that company knows about its users ­ and there’s a lot Read More...

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