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This Week in Apps: Apple slashes commissions, Twitter launches Fleets, warnings about Parler

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with   204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a   $544 billion valuation, 6.5x higher ...
Tags: Apple, Google, Amazon, TC, Facebook, Apps, Twitter, Japan, Instagram, Supreme Court, Australia, Washington Post, Youtube, Ipo, Tech, Eu


Who's winning advertising as it returns in 2020

Hi! Welcome to the Insider Advertising daily for November 16. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: 14 ad buyers pick the winning media companies and platforms, Endeavor snaps up Fred Santarpia, and behind DoorDash's marketing. Michael Becker / FOX 14 ad buyers that control billions in spending named the media compa...
Tags: Google, Facebook, Media, Instagram, Ipo, Advertising, Marketing, Trends, Fox, Nba, Burma, Fidelity, Conde Nast, Sundar Pichai, Cnbc, Snap


Daily Crunch: G Suite becomes Google Workspace

Google rebrands G Suite, Apple announces its next event date and John McAfee is arrested. This is your Daily Crunch for October 6, 2020. The big story: G Suite becomes Google Workspace To a large extent, Google Workspace is just a rebranding of G Suite, complete with a new set of (less distinctive) logos for Gmail, Calendar, Drive, Docs and Meet. But the company is also launching a number of new features. For one thing, Google is (as previously announced) integrating Meet, Chat and Rooms ac...
Tags: Apple, Google, Facebook, Spacex, Enterprise, Instagram, Ipo, India, US, Tech, Spain, Netflix, Doj, Salesforce Ventures, John Mcafee, Trump


The future of retail and office space is up in the air, and proptech investors are optimistic

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. The malls and grocery stores of the 20th century are being converted into industrial conveyor belts of goods and services traveling from the internet to your home. The customer is no longer even allowed inside, as Connie Loizos details this week in a closer look at Amazon and other online-first companies taking over commercial spaces near you. America...
Tags: Apple, Amazon, Startups, TC, Facebook, Europe, Utah, New York, London, Instagram, Australia, Youtube, China, Ipo, Berlin, India


SAP joins the growing ad boycott against Facebook, even as the new CEO says it's 'time to stand up against racism' (SAP)

SAP says it will suspend advertisements on Facebook and Instagram as it endorsed the "Stop Hate for Profit" campaign against the social network. "We will suspend all paid advertisements…until the company signals a significant, action-driven commitment to combating the spread of hate speech and racism on its platforms," the company said in a statement.  Major companies, including Coca-Cola, Starbucks and Unilever, have pulled ads on Facebook in the wake of the mass protests against racism follo...
Tags: Facebook, Mark Zuckerberg, Instagram, Ipo, US, Trends, Unilever, Pepsico, Hewlett Packard, Donald Trump, Sap, Trump, Christian Klein, Coca Cola Starbucks, Business Insider SAP, SecureDrop Claim


Tech's great reopening is here (don't forget to bring your mask)

Hello and welcome back to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: Tech is celebrating the great reopening — whether the coronavirus is onboard or not The last time I rode in an Uber I was on the way to a Warriors basketball game, just before the coronavirus suspended the season several mon...
Tags: Google, Amazon, Facebook, Spacex, Elon Musk, Instagram, Microsoft, China, Ipo, Softbank, US, Trends, Ibm, Airbnb, Jeff Bezos, Alexa


Mark Zuckerberg turns 36 today. Here's a look into the life, career, and controversies surrounding the Facebook CEO (FB)

Mark Zuckerberg celebrates his 36th birthday on May 14, 2020 As Facebook CEO, Zuckerberg has been the face of the social network through its 15-year-history as it's seen massive growth and has faced many controversies. We've created a timeline outlining Zuckerberg's trajectory, from growing up in a New York City suburb to defending Facebook as it's hit with scandal after scandal. Visit Business Insider's homepage for more stories. Through success and controversy, Facebook CEO Mark Zuckerberg ...
Tags: Facebook, Mark Zuckerberg, New York, Instagram, Microsoft, Congress, Ipo, Russia, New York City, US, San Francisco, Barack Obama, Trends, Bloomberg, Harvard, United States


From healthcare and Wall Street to Silicon Valley and space exploration, here's a breakdown of how the coronavirus is upending every industry

Hello! My Insider Inc. colleagues and I are now all working from home, and I expect many of you are too. I will admit that so far that it's been an adjustment. With that in mind, I want to start the newsletter this week with advice from six of our senior editors who have worked remotely for years about how to do it productively.  8 tips for crushing your job while working from home, from 6 leaders who have worked remotely for years I hope it's helpful. I should also note that cybersecurity expe...
Tags: Amazon, Spacex, Milan, Instagram, Microsoft, China, Ipo, Disney, US, Trends, Adidas, Tesla, Nasa, GCC, Italy, Nba


From the healthcare and Wall Street to Silicon Valley and space exploration, here's a breakdown of how the coronavirus is upending every industry

Hello! My Insider Inc. colleagues and I are now all working from home, and I expect many of you are too. I will admit that so far that it's been an adjustment. With that in mind, I want to start the newsletter this week with advice from six of our senior editors who have worked remotely for years about how to do it productively.  8 tips for crushing your job while working from home, from 6 leaders who have worked remotely for years I hope it's helpful. I should also note that cybersecurity expe...
Tags: Amazon, Spacex, Milan, Instagram, Microsoft, China, Ipo, Disney, US, Trends, Adidas, Tesla, Nasa, GCC, Italy, Nba


Meet the 21 startups cofounded by women that reached unicorn status in 2019, hitting a valuation of $1 billion or more

A record 4,399 investments were made in female-founded startups in 2019, according to new data from All Raise and Pitchbook. The funding helped boost a record number of startups with at least one female cofounders to unicorn status in 2019, meaning that they hit a valuation of $1 billion or more. Here are the 21 startups with female cofounders that hit valuations over $1 billion in 2019. Visit Business Insider's homepage for more stories. A record 4,399 investments were made in female-founded...
Tags: New York, Instagram, Australia, Ebay, China, Ipo, Boston, India, Softbank, US, Los Angeles, San Francisco, Trends, Linkedin, Bloomberg, Mit


Snap says it agreed to a $187.5 million settlement in a lawsuit where investors said that the company understated Snapchat's threat from Instagram (SNAP)

Snapchat's parent company Snap says that it agreed to a $187.5 million settlement in a class action lawsuit brought against the company by investors following its IPO in 2017. The agreement was signed in January, the company said in its quarterly earnings statement on Tuesday.  Investors had sued the company over allegations of failing to properly warn them ahead of its IPO about the competition that Snapchat faced from Facebook-owned Instagram. Snap faced an investigation from the US Departme...
Tags: Facebook, Instagram, Ipo, Trends, Snapchat, Louisiana, Securities And Exchange Commission, Snap, US Department of Justice, Instagram Snap, Notably Snap


The 11 biggest scandals Mark Zuckerberg faced over the last decade as he became one of the world's most powerful people (FB)

Mark Zuckerberg saw Facebook through a financially successful decade that saw the company's share price rise since its IPO in 2012. He also got married to his longtime girlfriend Priscilla Chan, had two children, and bought several houses and properties. Despite personal and professional successes, the latter half of the decade was marked by scandals and congressional hearings for Zuckerberg that led to increased criticism and scrutiny of the CEO and his social media company. Visit Business In...
Tags: Amazon, Facebook, Mark Zuckerberg, Instagram, Congress, China, Ipo, US, Trends, Bloomberg, Rome, Hawaii, New York Times, House Of Representatives, United Nations, Myanmar


WeWork chairman posts photos from lavish, Michelin-starred dinner a day after his company began laying off 2,400 employees

WeWork Chairman Marcelo Claure shared his pasta-tasting outing at a high-end New York City restaurant on social media a day after the embattled startup began massive layoffs.   Marcelo, who was formerly chief operating officer, was installed as executive chairman to oversee the company's turnaround.  Visit Business Insider's homepage for more stories. WeWork Chairman Marcelo Claure shared his pasta tasting at a high-end Italian restaurant on social media a day after the embattled startup bega...
Tags: Instagram, Ipo, Softbank, New York City, America, Trends, New York Times, Michelin, WeWork, Marcelo, Amy Chozick, Mario Batali, Adam Neumann, Babbo, Claure, Goggin


Facebook is 15 years old. Here's a look into the life, career, and controversies surrounding CEO Mark Zuckerberg (FB)

Facebook turned 15 years old earlier this year, marking the anniversary of Mark Zuckerberg launching the social network on February 4, 2004. As Facebook CEO, Zuckerberg has been the face of the social network through its massive growth, as well as its many controversies. We've created a timeline outlining Zuckerberg's trajectory, from growing up in a New York City suburb to defending Facebook as it's hit with scandal after scandal. Visit Business Insider's homepage for more stories. Through s...
Tags: Facebook, Mark Zuckerberg, New York, Instagram, Microsoft, Congress, Ipo, Russia, New York City, US, San Francisco, Barack Obama, Trends, Bloomberg, Harvard, United States


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Facebook banned white nationalism and white separatism from its platform. Facebook Counterterrorism Policy Director Brian Fishman told Motherboard that white nationalist and white separatist speech will now be treated the same was as white supremacist content. Lyft raised its IPO price range ahead of its expected IPO this week. The ride-hailing company is expected to price its IPO officially on Thursday night and is expected t...
Tags: Google, Facebook, Elon Musk, UK, Instagram, North Korea, Ipo, US, Trends, Tesla, Ibm, Silicon Valley, Motherboard, Donald Trump, Lightspeed Venture Partners, Sundar Pichai


Why SAP CEO Bill McDermott signs his emails 'XO, Bill' since buying Utah startup Qualtrics for $8 billion cash (SAP)

If you get an email from SAP CEO Bill McDermott these days, you'll see him sign it "XO, Bill." But he's not sending hugs and kisses. He's reminding his people why he spent $8 billion cash to buy Utah software company, Qualtrics, last fall and facing down criticism that price he paid was too high.  McDermott recently outlined the virtues of the deal just as SAP began handing out pink slips worldwide.  These days SAP CEO Bill McDermott signs his emails. "XO, Bill," he tells Business Insider. Bu...
Tags: Apple, Amazon, Facebook, Europe, Utah, Instagram, Microsoft, Steve Jobs, Ipo, Trends, ERP, Salt Lake City, Deloitte, Bill, Smith, Sap


FBI agents reportedly visited ex-Snap employees at home as part of an investigation into IPO disclosures (SNAP)

Federal investigators showed up at the homes of former Snap employees about a year ago as part of an official inquiry into the company's IPO disclosures. The agents asked about how Snap collects and reports users statistics, according to a Wall Street Journal report. Snap is thought to be under investigation from the DOJ and SEC about its disclosures around competition from Instagram. Snap said it doesn't have full visibility into the investigation but said it believes the inquiry relates to I...
Tags: Amazon, Facebook, Instagram, Ipo, US, Trends, Fbi, SEC, Evan Spiegel, Doj, Wall Street Journal, Anthony Pompliano, Snap, SPIEGEL, US Justice Department, Instagram Instagram


STOCK WATCH: Eventbrite, Spotify and Snap

With more music and music related stock traded on the public markets, Hypebot is stepping up its coverage of the markets, quarterly reports and earnings calls. Here, with a help from CelebrityAccess, are updates on Eventbrite, Spotify and Snap. Snapchat parent company Snap saw its stock drop in pre-market trading Wednesday, after divulging that regulators at the Department of Justice and the Securities and Exchange Commission are investigating whether it misled investors before the launch o...
Tags: Spotify, Music, Instagram, Ipo, Department Of Justice, Doj, Stock, Securities And Exchange Commission, Eventbrite, Snap, Bruce Houghton, Nick Bell, Skift, Snap Snap, Meanwhile Square, Deadline Hollywood Its IPO


Snap reveals U.S. subpoenas on IPO disclosures: Reuters

NEW YORK (Reuters) – The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc (SNAP.N) for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday. Snap said in a statement it has responded to the government subpoenas and other requests for information. The previously unreported federal inquiries follow an ongoing shareholder lawsuit in which investors allege that Snap misled the public about how competition ...
Tags: New York, Instagram, Ipo, Los Angeles, Trends, IPOs, Snapchat, SEC, Doj, Snap, Reuters, U S District Court, Facebook Inc, Stephen V Wilson, Snap Inc, FB O Instagram


SAP agrees to buy Qualtrics for $8B in cash, just before the survey software company’s IPO

Ryan Smith of Qualtrics speaks onstage during TechCrunch Disrupt SF 2015 Enterprise software giant SAP announced today that it has agreed to acquire Qualtrics for $8 billion in cash, just before the survey and research software company was set to go public. The deal is expected to be completed in the first half of 2019. Qualtrics last round of venture capital funding in 2016 raised $180 million at a $2.5 billion valuation. This is the second-largest ever acquisition of a SaaS company, after ...
Tags: Fundings & Exits, Startups, TC, Facebook, Europe, Enterprise, Instagram, Ipo, Tech, SaaS, Surveys, Seattle, Oracle, Sap, CRM, Ryan Smith


Should 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 billion in 2019 alone, Snapchat could run out of money well before it’s projected to break even in 2020 or 2021. So what are Snap’s options? A long an...
Tags: Apple, Google, Social, TC, Facebook, Apps, Mark Zuckerberg, Twitter, Instagram, Social Networks, Steve Jobs, Opinion, China, Ipo, Disney, US


Snapchat loses 2M more users and shares sink despite business growth

Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count dropped again, this time by 1 percent to 186 million, down from 188M and a negative 1.5 percent growth rate in Q2. User count is still up 5 percent year-over-year, though. Snapchat earned $298 million in revenue with an EPS loss of $0.12, beating Wall Street’s expectations of $283 million in revenue and EPS loss of $0.14, plus a loss of a half a million users. Snap entered earnings...
Tags: Travel, TC, Mobile, Apps, Europe, Instagram, Ipo, US, Snapchat, Earnings, Evan Spiegel, Snapchat Stories, Snap Inc, Instagram Stories, Insta Stories, Lens Explorer


Snapchat loses 2M more users, shares sink to new low despite business growth

Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count dropped again, this time by 1 percent to 186 million, down from 188M and a negative 1.5 percent growth rate in Q2. User count is still up 5 percent year-over-year, though. Snapchat earned $298 million in revenue with an EPS loss of $0.12, beating Wall Street’s expectations of $283 million in revenue and EPS loss of $0.14, plus a loss of a half a million users. Snap entered earnings...
Tags: TC, Mobile, Apps, Europe, Instagram, Ipo, US, Tech, Snapchat, Earnings, Evan Spiegel, SPIEGEL, Tim Stone, Snapchat Stories, Snap Inc, Instagram Stories


Snapchat loses 2M more users in Q3 as shares sink to new low

Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count dropped again, this time by 1 percent to 186 million, down from 188M and a negative 1.5 percent growth rate in Q2. User count is still up 5 percent year-over-year, though. Snapchat earned $298 million in revenue with an EPS loss of $0.12, beating Wall Street’s expectations of $283 million in revenue and EPS loss of $0.14, plus a loss of a half a million users. Snap entered earnings...
Tags: TC, Mobile, Apps, Europe, Instagram, Ipo, US, Tech, Snapchat, Earnings, Evan Spiegel, SPIEGEL, Tim Stone, Snapchat Stories, Snap Inc, Instagram Stories


Snapchat ranks dead-last in a new advertising poll — and it shows how little progress has been made since its IPO (SNAP)

Snap Inc. has struggled over the past year since its less-than-impressive IPO in 2017, and social media marketers taking notice are taking their business elsewhere.  As this chart from Statista shows, marketers were only slightly more keen to work with Snapchat in Q1 of this year than they were in the quarter before the company went public. Marketers continue to be far more eager to work with other major social media platforms like Facebook, Instagram, or YouTube.  Snap's primary source of reven...
Tags: Google, Facebook, Instagram, Ipo, Samsung, Trends, Snapchat, Starbucks, Facebook Instagram, Statista, Snap Inc


Facebook United

Facebook was a mess. The independence it dangled to close acquisition deals with Instagram and WhatsApp turned the company into a tangle of overlapping products. Every app had its own messaging and Stories options. Economies of scale were squandered. Top innovators led mature products already bursting at the seams with features while new opportunities went unseized. Facebook was effectively drowning in its own success because the different arms couldn’t coordinate to paddle in the same direction...
Tags: Apple, Google, Social, Mobile, Facebook, Apps, Mark Zuckerberg, Instagram, Microsoft, Opinion, Ipo, Tech, Snapchat, David Marcus, Kevin Systrom, Nikesh Arora


Next Stop, IPO? Austin’s BigCommerce Nabs $64M for Global Expansion

Austin—BigCommerce, which sells software to allow businesses to build and run online stores, announced Wednesday that it has raised $64 million in new funding. The investment round was led by Goldman Sachs with participation from current investors General Catalyst, GGV Capital, and Tenaya Capital. With the latest funding, BigCommerce has raised more than $200 million. Brent Bellm, BigCommerce’s CEO, says the funding will go toward improvements in the company’s core product and also to est...
Tags: Google, Startups, Mobile, Asia, Europe, Texas, Instagram, Australia, China, Ipo, Funding, Trends, Investment, E-commerce, People, Austin


We Are Social’s Monday Mashup #363

Facebook Stories goes public, and desktop You can now share your Facebook Stories publicly so that anyone can view your posted pictures and videos. This will likely see popular stories from celebrities and leading figures appearing in the horizontal scrolling feed at the top of the mobile app. The Stories feature is also being tested on Facebook for desktop. Instagram improves the quality of our lives beyond measure Sometimes a piece of tech comes along that takes your breath away. And sometime...
Tags: Google, Facebook, Twitter, New York, Instagram, Ipo, Seo, Amex, Mashup, Axl Rose, Rimmel, Cony, Facebook Stories, Facebook Camera Effects, Facebook for desktop Instagram, Facebook 's Camera Effects


The cult of Evan: What life is like inside Snap right now (SNAP)

CEO Evan Spiegel’s tight grip on Snap hasn’t let up since its hotly anticipated IPO six months ago. While employees have internally expressed concern over competition from Facebook, Spiegel has said that they should instead focus on delivering the best products and on innovating. Sources told Business Insider about Spiegel’s polarizing leadership in the face of fierce competition and the secretive, contrarian culture that has come to define life inside Snap. 1.2 billion Snap shares owned by ...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Instagram, Ipo, Trends, Snapchat, Tim Cook, Evan Spiegel, Morgan Stanley, Stanford University, Business Insider, Southern California, Snap


The future of Snap is a 'religious' bet on Evan Spiegel for insiders looking to sell shares (SNAP)

Around the time of Snap’s initial public offering in early March, employees got a rare chance to ask the CEO, Evan Spiegel, anything on their minds. Unlike the "town hall" meetings at Google, Facebook, and other tech companies, the Q&A at Snap was a written affair. Using a shared document, employees submitted questions to the company's 27-year-old leader. The result revealed a common anxiety: About one dozen of the questions were a variation of whether employees should worry about Snapch...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Instagram, Ipo, Trends, Snapchat, Tim Cook, Evan Spiegel, Morgan Stanley, Stanford University, Southern California, Snap, Venice Beach



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