If you haven’t seen The Circle in theaters yet, you’re about to see it in real life. Facebook is expanding again, except this time it’s not their social features, it’s their physical campus. Facebook has been at its current 430,000-square-foot headquarters in Menlo Park, California a little over two years now. Now, Facebook is building what it calls it’s “Willow Campus”, not just new office space.
Intel technology and the Olympic Games have big news! Intel, an American multinational corporation and technology company just announced a worldwide top partnership through 2024 with the Olympic Games. This will be a good opportunity for them to show off their newest technology. These technologies include virtual reality, 360-degree video, artificial intelligence, drones and more in hopes to enhance the high-profile sports event.
Apple is continually freshening their products. Their annual Worldwide Developers Conference, WWDC, is their opportunity to showcase what’s new and exciting for them. This year, WWDC is hosted in San Jose, California from June 5-9. Here’s what new with Apple!
Google I/O is an annual conference held in California that focuses on advancements in the tech industry. Developers from around the world come together for this conference, looking forward to the latest and greatest from tech. The conference has focused its sessions on Google’s AI capabilities and announcements. Keep reading to learn more!
It’s been a rough ride for Snap Inc., the parent company of Snapchat. The company went public in March at $17 a share and has slowly increased, closing at $22.98 today. Despite growth in users, Snap reported a $2.2 billion loss in its Q1 earnings report. The loss goes to show that Snapchat has a long battle to fight in a crowded social media industry, especially against Twitter and Facebook.
Facebook Q1 results prove yet again that they are the dominating social media platform with data to support it. Despite facing skepticism for fake news, copying Snapchat and much more, Facebook users have actually grown. It has increased its daily active users and monthly active users.
When my co-worker forwarded me an email with a strange link that said “Open in Docs” I was intrigued. The link took me to a screen that asked me to log into my account and then proceeded to ask for permission to “read, send, delete, and manage your email” and also to “manage your contacts”. Ha! Why would I ever allow someone to manage my gmail? I deleted it immediately, but some people proceeded with allowing the phisher to have access. The link has been spread across the internet, affecting more than a million people.
It’s no secret that the rise of the internet and e-commerce is slowing the growth of brick and mortar stores. Not staying relevant on where your customers are buying is leading to many companies closing stores or even declaring bankruptcy. But if you can prove that you can compete in the instant and nearly effortless competition of e-commerce, you may have a winner. Staples understands this shift in customer preferences and is launching a new marketing campaign to showcase what it can do outside of its brick and mortar stores.
iHeartRadio is foreseeing dark days ahead. The largest operator of radio stations in the U.S. is in a massive hole of debt. The company announced in its most recent SEC filing that it expects to continue to have negative cash flows. iHeartMedia Inc officials say that the firm is on the verge of collapse despite a $24 billion buyout by private equity backers just nine years ago. Its stock price is dropping and investors are wary of the company’s survival. How does the top radio station firm go from the best to probably being non-existent within the next few years?
In the latest Ad Industry news, big players are finding a strategy to kill off digital ads that consumers hate. While the Coalition for Better Ads believes this will help improve consumer experience, there are concerns with adopting ad blockers.