Medium pivots and lays off one-third of its team. Medium announced it is changing business models in a bid to salvage its original mission, but in doing so, it has to lay off 50 employees, or one-third of the workforce.
The departures come from “sales, support, and other business functions”. The move was driven by the company’s recognition that it didn’t have the right solution for monetizing based on its content. To continue on this route would “put us at risk.” Snapchat Passes Twitter in Daily Usage. Snapchat Inc. has 150 million people using the service each day, said people familiar with the matter.
That makes the four-year-old messaging app more popular than Twitter Inc. by daily active users. Snapchat has been growing quickly, boosted by its popularity among young people. The app had 110 million daily users in December, said the people, who asked not to be named because they weren’t authorized to speak about the numbers. Twitter Is Betting Everything on Jack Dorsey. Will It Work? Spotify “Discover Weekly” Personalized Playlists. I was worried about the Minions.
But it turned out to be okay. Here Are the Internal Documents that Prove Uber Is a Money Loser. Blogging's Massive Failure To Topple Mass Media. Posted by Tom Foremski - December 18, 2013 Om Malik, publisher of GigaOm, recently posted some thoughts about his 12 years of blogging and he came to the conclusion that blogs today are where he can aggregate all his fractured expressions across the web: Instagram photos, articles, comments, and whimsical musings.
But he writes, “The concept of blogging as we knew it has lost some of its meaning and even a bit of meaningfulness.” It certainly has and Om is being too gentle in his criticism because blogging has fallen very far from the promise it once had, and in attaining real meaningfulness. I started blogging in mid-2004 when I left my job as Technology Correspondent at the Financial Times to become a journalist-blogger. At the time I didn’t know I was the first newspaper journalist to leave his job journalist to become a professional “blogger.” SecondLife Didn’t Fail. By Sarah Lacy On July 6, 2012 Last night I spoke at an event put on by a site called IdeaMensch.
They’re doing a road trip, where the team is traveling city by city, holding events by and for entrepreneurs. New Social Networking Site Changing The Way Oh, Christ, Forget I. NEW YORK—While millions of young, tech-savvy professionals already use services like Facebook and Twitter to keep in constant touch with friends, a new social networking platform called Foursquare has recently taken the oh, fucking hell, can't some other desperate news outlet cover this crap instead?
Airbnb Victim Speaks Again: Homeless, Scared And Angry. Yesterday we wrote about “EJ,” a woman who had her San Francisco apartment burglarized and vandalized by someone who rented her home for a week via Airbnb.
There was some confusion about how Airbnb was and is dealing with the situation. See the updates to that post above, and CEO Brian Chesky’s post here on TechCrunch later yesterday talking about the situation. The event happened, which is a terrible blow to the company’s reputation. The confusion seems to be around whether or not Airbnb will compensate her for her losses. The Truth About That ‘Landmark’ Twitter Case - Twitter. This weekend The Telegraph reported that Twitter had revealed the name, email address and telephone number of Ahmed Khan, a UK council whistleblower accused of libelling his local authority using a number of anonymous twitter accounts and blog Mr Monkey.
The council in question, Tyneside, took the case to the legal superior court of California, which in turn issued a subpoena to Twitter on April 14th 2011. According to Khan, what Twitter handed over was “just a great long list of numbers” and ordered it to hand over 30 pieces of information relating to several Twitter accounts, including @fatcouncillor and @ahmedkhan01. According to Khan, this included “all private messages sent by other whistleblowers exposing wrongdoing in the council.”
On April 15th Khan was notified by Twitter of the subpoena and was asked if he wanted to dispute it in court. The Rise and Fall of Bitcoin. In November 1, 2008, a man named Satoshi Nakamoto posted a research paper to an obscure cryptography listserv describing his design for a new digital currency that he called bitcoin.
Snapchat secretly acquires Seene, a computer vision startup that lets mobile users make 3D selfies. Snapchat has acquired 3D photo app maker Seene (also known as Obvious Engineering) a couple of months ago, TechCrunch has learned.
Seene lets you capture 3D models from your phone with a simple smartphone camera. Snapchat could use Seene’s format for a brand new category of selfie lenses, a new 3D photo format, and potentially for future virtual reality projects. According to our sources, Snapchat was interested in Seene’s computer vision technology and its engineering team more than for its consumer product. Paris Diary: The International Geek Brotherhood... Posted by Tom Foremski - December 7, 2009 [I'm in Paris all this week as part of the Traveling Geeks, a collection of journalists, bloggers, and PR people meeting with French startups and also attending LeWeb, France's premier Web 2.0 developer and business conference.]
I took the EuroStar train from London on Sunday afternoon and in less than 3 hours I was in the middle of Paris.