• How WhatsApp is fighting spam after its encryption rollout

    How WhatsApp is fighting spam after its encryption rollout

    WhatsApp proved itself to be the most YOLO-crypto company of 2016 when it turned on end-to-end encryption by default last April for its more than 1 billion users. (Facebook, WhatsApp’s parent company, took a more cautious approach when it added opt-in encryption to Messenger.) But WhatsApp’s all-in approach has come at a cost — the company’s executives were arrested… Read More

  • Snap commits $2 billion over 5 years for Google Cloud infrastructure

    Snap commits $2 billion over 5 years for Google Cloud infrastructure

    Most of today’s Snap coverage will be about its revenue and daily average usage numbers, but there was one small tidbit that emerged that will mean big business for the company’s cloud infrastructure partner, Google. In Snap’s S-1 filing, the company announced a license platform agreement it struck with Google for its cloud infrastructure services. Under the terms of… Read More

  • Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery

    Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery

    Now that Snap is revealing its financial guts to the world in its filing for its initial public offering, we’re getting a small glimpse at how much the company is paying to acquire startups. As Snap becomes a larger company and is able to amass more of a cash pile, it’ll be able to start picking off startups that can either fill out the company’s ranks with talent or add… Read More

  • Snapchat growth slowed 82% after Instagram Stories launched

    Snapchat growth slowed 82% after Instagram Stories launched

    Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided with a massive drop in how fast Snapchat was growing, judging by new stats in its IPO filing. That aligns with our report that multiple analytic providers and social media talent managers saw a big decline in Snapchat usage after Instagram Stories came out. While we can’t be sure… Read More

  • Microsoft is taking its Detroit operation downtown

    Microsoft is taking its Detroit operation downtown

    Detroit Mayor Mike Duggan and businessman Dan Gilbert are set to announce Microsoft is moving downtown from the suburbs. TechCrunch has confirmed the move with several trusted sources and learned that Microsoft will occupy 50,000 square feet in One Campus Martius, a building owned in part by Dan Gilbert and home to a large chunk of the Quicken Loans team. Microsoft’s Detroit operation… Read More

  • Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit

    Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit

    Ousted Snapchat early employee Reggie Brown was paid $157.5 million in a settlement in September 2014 to close off a 2013 lawsuit he had brought against other co-founders Evan Spiegel and Bobby Murphy, alleging that they had taken his original idea and run with it, pushing him out of the company without compensation in the process. The details were made public for the first time in… Read More

  • Snap says “diversity is about more than numbers”

    Snap says “diversity is about more than numbers”

    Snap Inc., the parent company of Snapchat and Spectacles, included in its filing to go public a brief tidbit on diversity. Unlike tech companies like Apple, Google, Twitter, Facebook and several others, Snap has not released a diversity report. At the end of 2016, Snap employed 1,859 employees, but Snap won’t say how diverse it is. “That’s because we believe diversity is… Read More

  • Snap sees risks in Brexit, hacking and China’s Great Firewall

    Snap sees risks in Brexit, hacking and China’s Great Firewall

    Snapchat, which filed for its initial public offering today, sees potential risks to its business in cybersecurity and international regulation, particularly in China and the European Union. Security breaches — and the privacy concerns that follow — have already caused problems for Snapchat, according to its filing. The document refers to a CEO impersonation scam that occurred… Read More

  • Snap will expand distribution of Spectacles in 2017, but hardware remains an experiment

    Snap will expand distribution of Spectacles in 2017, but hardware remains an experiment

    Snap, Inc. just released its IPO and there’s a lot to take away, but from a hardware perspective there’s not much present – which is actually telling in itself. The S-1 filing contains a few references to Spectacles, but they don’t suggest Snap’s view of itself as a camera company leans very heavily on its hardware products or pipeline. But that could still change… Read More

  • Snapchat international user growth slowed in the second half of 2016

    Snapchat international user growth slowed in the second half of 2016

    Snapchat parent Snap Inc. wanted to present a growing and and highly engaged user base today in its bid to go public. But there are reasons for concern, especially when you look more closely at user growth in Europe and the rest of the world With the release of the company’s S-1 filing today, Snap revealed that at the end of 2016 the company had 158 million daily active users who… Read More

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