Social

Hannah Kuchler

The much-anticipated Twitter IPO (TwIPO?) has arrived. Twitter chose to announce it, of course, on its own site:

 

Federal judges evaluated the privacy and free speech implications of a California law that would create a database of online identities for sex offenders, noting the shift in public sentiment around such data collection since voters passed the law last November and today, as revelations about the US’s monitoring of online communications continue to emerge.

“We’re living in a post-Snowden world,” said Judge Jay Bybee of the Ninth Circuit Court of Appeals on Tuesday, referencing the surveillance practices revealed by former CIA contractor Edward Snowden and questioning whether a database of email addresses and online identities intended to help solve sex crimes could be used to monitor people’s political speech.

Mr Bybee was one of three judges hearing oral arguments in a case about Proposition 35, the California law that requires convicted sex offenders to register their email addresses and user names for online news sites and social networks. The initiative was passed by a majority of voters last November, after receiving financial backing from Chris Kelly, Facebook’s chief privacy officer between 2005 and 2009. 

Tim Bradshaw

Twitter’s chief executive Dick Costolo is facing intense scrutiny about when the messaging site will go public. His appearance at the TechCrunch Disrupt event in San Francisco taught us little about that, instead going back to first principles of managing a company – whether brand new or about to IPO. 

Tim Bradshaw

Snapchat’s investors were betting on growth first, monetisation later when they put $60m into the pioneer of ephemeral messaging.

That growth is continuing apace, Snapchat’s co-founder and chief executive Evan Spiegel said on Monday, with 350m “snaps” sent every day last month, up from 200m in June.

But the LA-based company is slowly starting to think about ways to make money, too, saying that Chinese internet giant Tencent – which makes much of its income from in-app purchases – was a “role model” for Snapchat. 

Tim Bradshaw

It doesn’t seem so long ago that many people thought social networking was done, and that anything that wasn’t Facebook would become a feature, app or acquisition of the social juggernaut.

In the past year, however, that’s started to change. Snapchat brought ephemerality to photo sharing, Nextdoor is reconnecting real-world neighbours and Whatsapp, WeChat and Line are fighting for mobile instant-messaging dominance.

Now, backed by some of Snapchat’s original investors, comes Whisper – an app for sharing (and viewing) secrets, posted anonymously. 

Robert Cookson

A disgruntled British Airways passenger has bought adverts on Twitter to complain about the airline’s customer service, in an unusual reversal of the way that big brands use social media.

Hasan Syed, a businessman who goes by the Twitter username @HVSVN, took the action on Monday out of frustration with the way that British Airways was handling his father’s lost luggage. 

Tim Bradshaw

Four billion check-ins later, Foursquare is finding new ways to use all the location data that users have shared with the four-year-old smartphone app.

That includes both new features for users – and new ways to make money from the body of data it’s collected, with third parties. 

Tim Bradshaw

Many thought that Instagram’s addition of 15-second videos to its photo-sharing app would kill Vine, Twitter’s fledgling video app.

Apparently not.

Twitter on Tuesday said that 40m people have signed up to watch and share six-second videos on Vine. 

It takes some nerve to sell a company for $850m and then describe it as “the biggest repository of online cock and balls ever recorded”.

Step forward Michael Birch, founder of social network Bebo, who, after repurchasing the site for $1m in July, has now launched a spoof video to promote its impending relaunch. 

Facebook will report second quarter earnings on Wednesday, with Wall Street expecting $1.62bn in revenues and 14 cents earnings per share.

Analysts will be looking for signs of increased advertising spending among small businesses and in international markets, as growth from large US advertisers is believed to have levelled off.