An inside look at the startup behind Ashton Kutcher’s weird tweets

In 2017, Matthew Peltier walked barefoot into a pitch meeting with venture capitalists. Young, male, man bun intact, he certainly resembled the stereotypical successful entrepreneur, but it was his startup, an app designed to bring social media stars and their fans into conversation, that drew skepticism. Shimmur, as it was called, ultimately succeeded in raising … Continue reading An inside look at the startup behind Ashton Kutcher’s weird tweets

Facebook moves to shrink its legal liabilities under GDPR

Facebook has another change in the works to respond to the European Union’s beefed up data protection framework — and this one looks intended to shrink its legal liabilities under GDPR, and at scale. Late yesterday Reuters reported on a change incoming to Facebook’s T&Cs that it said will be pushed out next month — meaning … Continue reading Facebook moves to shrink its legal liabilities under GDPR

Limiting social media use reduced loneliness and depression in new experiment

The idea that social media can be harmful to our mental and emotional well-being is not a new one, but little has been done by researchers to directly measure the effect; surveys and correlative studies are at best suggestive. A new experimental study out of Penn State, however, directly links more social media use to … Continue reading Limiting social media use reduced loneliness and depression in new experiment

Snapchat’s PR firm sues influencer for not promoting Spectacles on Instagram

Influencer marketing could get a lot more accountable if Snapchat’s PR firm wins this lawsuit. Snapchat hoped that social media stars promoting v2 of its Spectacles camera sunglasses on its biggest competitor could boost interest after it only sold 220,000 of v1 and had to take a $40 million write-off. Instead, Snap comes off looking … Continue reading Snapchat’s PR firm sues influencer for not promoting Spectacles on Instagram

9 highlights from Snapchat CEO’s 6000-word leaked memo on survival

Adults, not teens. Messaging, not Stories. Developing markets, not the US. These are how Snapchat will make a comeback, according to CEO Evan Spiegel . In a 6,000-word internal memo from late September leaked to Cheddar’s Alex Heath, Spiegel attempts to revive employee morale with philosophy, tactics, and contrition as Snap’s share price sinks to … Continue reading 9 highlights from Snapchat CEO’s 6000-word leaked memo on survival

What Comes After The Social Media Empires

The intense political battles over Facebook and the other giant social media companies mark the end of the empire-building phase of those companies’ history. Now they’re a mid-20th-century European power, agonizing over the inevitable loss of the colonies and trying to stomp out insurgencies. No longer finding new frontiers and markets to rule, they’re instead … Continue reading What Comes After The Social Media Empires

Social media is giving us trypophobia

Something is rotten in the state of technology. But amid all the hand-wringing over fake news, the cries of election deforming Kremlin disinformation plots, the calls from political podia for tech giants to locate a social conscience, a knottier realization is taking shape. Fake news and disinformation are just a few of the symptoms of what’s … Continue reading Social media is giving us trypophobia