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  • Geebo 10:49 am on March 3, 2017 Permalink | Reply
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    Snapchat IPO sees successful first day 

    Snapchat IPO sees successful first day

    Yesterday, Snapchat parent company Snap Inc. had their IPO with the stock finishing at a 44% price increase by the end of trading. This should come as no surprise as the photo sharing app has been a massive success with the much coveted 18 to 34 market.

    Snapchat started out as somewhat of an Instagram clone except with a twist. It first started out as the app where the pictures disappear after a short time. Even though there have been ways to save pictures that were not intended to be saved Snapchat became even more popular with the release of its quirky filters that allow you to do fun manipulations to your photos such as face swapping.

    Then came the limited of release of Snapchat’s video recording glasses known as Snapchat Spectacles. Their viral marketing and pop up vending machines saw the glasses sell out at every location they surprised users at.

    Snapchat’s biggest feature seems to be that it’s the social platform that your parents aren’t on. Basically, they’re the anti-Facebook as it’s specifically designed to appeal to the millennial crowd. That niche focus has made Snapchat a wild success and their IPO’s achievement reflects that.

  • Geebo 11:31 am on March 2, 2017 Permalink | Reply
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    Yahoo CEO takes massive financial hit over breaches 

    Yahoo CEO takes massive financial hit over breaches

    Yahoo CEO Marissa Mayer has been penalized financially for the massive security breaches that have taken place on her watch. You can read bout some of those breaches from our blog’s archive. In an SEC filing Yahoo said that Mayer did not receive her annual bonus for 2016 because certain senior executives failed to act properly when the breaches were discovered. Mayer’s bonus is said to be around the $2 million mark. Mayer also said that she would forgo any bonus for 2017 as well.

    Mayer has asked that her bonus be distributed to Yahoo employees saying that they were the ones who contributed to Yahoo’s success in 2016. All of this comes in the wake of Verizon’s proposed purchase of Yahoo. Due to the breaches Yahoo’s price has been discounted by $350 million. If Mayer were to be fired by the Yahoo board she would receive a golden parachute of $44 million.

    Yahoo general counsel Ronald Bell did not make out as well as Mayer. He resigned in wake of the breaches and received no financial payout from the struggling company.

  • Geebo 10:59 am on March 1, 2017 Permalink | Reply
    Tags: , , , YouTube TV   

    YouTube offers new TV service. What’s the catch? 

    YouTube offers new TV service. What's the catch?

    YouTube recently announced that they would be getting into the broadcast TV game by revealing their new service called YouTube TV. Launching later this month, YouTube TV will be offering live streaming of the four major broadcast networks along with some other cable channels for $35 a month. A major component that separates YouTube TV from its competitors is that it will be offering unlimited cloud DVR storage to record your favorite shows. That’s not to say that YouTube TV doesn’t have some drawbacks.

    Among some of these drawbacks is the fact that it’s missing most of the popular cable networks. Channels like AMC and Comedy Central will not be available through YouTube TV. Another drawback is that YouTube TV will not be available on all devices at first. At launch the service will be available on mobile devices and Google’s Chromecast, but if you use a device like a Roku or Apple TV you’ll be waiting a while to get the service.

    The price also seems a little steep for cord cutters. While $35 is much cheaper than most cable plans it’s a lot more money than successful streaming services like Netflix and Hulu that most cord cutters already use.

    Lastly, it all comes down to your personal use. If you can live with the small amount of channels being offered by YouTube TV then it might be for you, plus it has the backbone of Google behind it since they own YouTube. That could provide a more reliable stream than most other streaming services.

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