Archive for the ‘snapchat’ Category
Let the SnapChat clones begin.
Today Facebook announced it was globally launching Messenger Day.
This new app will roll out on top of Facebook’s chat app on both iOS and Android, plus in Facebook desktop Messenger. The new feature will let you share with the public or a custom friend decorated photos and videos that disappear after 24 hours.
That is, of course, unless the CIA has already broken into your iOS or Android phone, in which case all bets are off.
All joking aside, I don’t think we can laugh this thing away out of the gate.
As TechCrunch observed, 1 billion people a day use Facebook Messenger, and Facebook is not afraid to copy great ideas. Why should somebody step out of Facebook and go over to Snapchat if they can just do what they need to on Facebook?
To whit, Snap Inc. chat is settling into the $22 range this afternoon, now that the news has sunk in. It appears that its messages aren’t the only thing disappearing at SnapChat.
Here’s what Facebook’s blog post introducing the feature explained the new Facebook Messenger Day capability:
Here’s how Messenger Day works: First make sure you’ve updated your Messenger app so you have the latest version. Open Messenger, and tap on the camera highlighted with a sun to celebrate this launch. Doing so drops you right into the full-screen camera. Or, tap the “Add to your day” button at the top of your inbox to get started. Snap a quick selfie or take a photo or video of what’s around you. To add art and effects, tap the smiley face icon in the top right and then tap to add to your photo or video. You can also add text over your images by tapping the “Aa” icon, and you can overlay a drawing by tapping the squiggly line in the top right corner. Once you have your photo or video the way you want it, tap the arrow in the bottom right corner. You can then add directly to your day, save it to your phone’s camera roll, and/or you can choose to send it to a specific person or group of people. The photo or video that you add to your day will be viewable for 24 hours.
– via newsroom.fb.com
Tech earnings season kicked into high gear this week. A few synthesized highlights…
Apple reported $78.4B in Q1 2017 revenue, with 78.3M iPhones sold and a 19% decline in iPad sales. Apple said developers earned $20B from the App Store in 2016, a 40% increase.
Microsoft reported Q2 revenue of $26.1B, indicating Office 365 revenue grew 10% for the quarter. Microsoft indicated its Azure revenue increased 116% in the most recent quarter, “doubling usage.” Surface was down 2% YOY, Phone revenue down 81%.
Facebook reported Q4 revenue of $8.81B, indicating its mobile ad revenue was on a trajectory of bringing in 84% of all ad revenue. Their Monthly Active Users was 1.86B, up 3.91% for the quarter, and last quarter the company said it’s expecting to run out of ad space in mid-2017. It’s not clear whether this sent digital media buyers everywhere scurrying or not.
Amazon reported Q4 revenue of $43.7B, up 22% YOY, and AWS continued to chug forward growing at 47% and delivering revenue of $3.53B. AWS noted it had migrated more than 18K databases using the company’s service in 2016. Echo sales were up 9X compared to last holiday season. “Alexa, crank up the volume.”
And finally, there’s Snap (formerly known as Snapchat). TechCrunch reported their official IPO filing has their revenues at $404M in 2016 with some 158M daily users. That was 500% YOY growth, according to its S-1, but that also incurred a $513M net loss. But Snap has asserted it has a very aggressive “time spent per user” and has strong international growth in Western Europe and Australia. It also recently introduced its Ads API to widen the aperture on its advertising efforts. Its IPO is expected to be the largest tech float since Alibaba in 2014.