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Half Lives. Social Media. And Snapchat Stories.

Both Sides of the Table

I’ve been online for nearly 30 years (yes, there was CompuServe and Prodigy before the www), blogging for 10 and using social media tools since the earliest days. Twitter was “full fidelity” and Facebook was “curated” by an algo controlled by the company. There are two reasons that stories was a big leap forward for Snapchat.

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Snapchat's Evan Spiegel: Fake News Is Social Media's Fault

socalTECH

CEO Evan Spiegel blames social media --implying, indirectly, Facebook--for the phenomenon of "fake news", saying that personalized newsfeeds have revolutionized the way people share and consume content but at a "huge cost to facts, our minds and the entire media industry." In an editorial, posted this morning, Snap, Inc.

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Loop Now Launches Short Form, Social Media App, Firework

socalTECH

Loop Now Technologies , a startup founded by former LinkedIn and Snapchat employees--which has offices in Los Angeles--says it has launched a brand new, short-form video and social media app called Firework. The company's Chief Revenue Officer is Cory Grenier, who previously was Director of Sales & Marketing at Snapchat.

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Snapchat Adds $4.5M More To $50M Round

socalTECH

Venice, California-based Snapchat , the developer of the popular social media app, has added $4.5M in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. Details on the new funding were not announced by the company. READ MORE>>.

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Snapchat Settles With Reggie Brown Over Idea For Startup

socalTECH

Venice, California-based Snapchat said Tuesday that it has settled a dispute with Reggie Brown , the fellow Stanford University student who had claimed that he came up with the idea for Snapchat. snapchat lawsuit reggie brown legal settlement social media' READ MORE>>. Terms of the settlement were not disclosed.

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Blurr Moves From Boston, Sets Up Shop In LA To Tap Into Social Media Scene

socalTECH

Blurr , a social media app developer focused on communal photo sharing with users around you, has relocated to Los Angeles from Boston. The startup, which offers up an iOS app, said that Los Angeles was a "far better place" for the company, specifically citing such local Los Angeles companies as Snapchat , Tinder , musical.ly

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Stock Price Falls After Snapchat Posts Ad Referencing Domestic Violence

L.A. Business Journal

An ad for a Snapchat game asking Snapchat users whether they would rather “slap Rihanna” or “punch Chris Brown” drew criticism from Rihanna on another social media outlet and was soon followed by a 4 percent drop in the stock price for Snap Inc., the parent company of Snapchat.

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