“…When you aren’t paying for a product, you are the product…” – original author
One of the magical innovations of the Web 2.0 era was when the bigger social platforms opened their doors to third-party app developers. LinkedIn, Facebook and Twitter widely touted ,and profited from, the concept of allowing consumers to plug their social graph into other applications.
We saw the meteoric rise of games, apps and business tools that leverage the ability to quickly insert value into the relationship.
RIP, Good Times.
Over the past few months, developers have had the door slammed in their face. Facebook shut down their API. LinkedIn has locked down their API, limiting access to a small number of partners who drive revenue for LinkedIn (recruiting related). Twitter has beendoing this too, so one would be a fool to build anything reliant on any of these platforms.
Snapchat, which only came into existence because of its ability to quickly scrape your social connections,
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“…a programmer at the University of Oslo, drove his Tesla Model S a record-breaking 452.8 miles on a single charge…” – original author
This week’s headlines saw the stock market plunge, Facebook’s new digital personal assistant “M,” the launch of YouTube Gaming, and more. These are the top tech stories of the week.
1. Tech companies suffered from the hostile stock market environment as stock markets around the world plummeted following concerns over China. When stock markets opened on Monday, Facebook was down 12.1 percent, Apple was down 10 percent, and Google was down 6.5 percent. But public tech companies quickly recovered from the brutal drop, with Apple leading the way. Alex Wilhelm sums it up with “A Few Thoughts on Tech Stocks.”
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“…We dug into the very turbulent global markets, and what that means for technology shares, …” – original author
Welcome back to another episode of CrunchWeek. We’re very glad that you are here.
We dug into the very turbulent global markets, and what that means for technology shares, along with a dive into the latest from Facebook, and, of course, that little news about a video portal that you might have heard of, YouTube.
We had fun this week, and we hope that you have a laugh or two as well. Crack something cold, hang with us, and we will see you all in a short seven days.