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UK Doctors Using WhatsApp, Snapchat to Share Patient’s Data

7Jul By Press Trust of IndiaNo Comments

News

UK Doctors Using WhatsApp, Snapchat to Share Patient’s Data

Doctors in the UK are increasingly using Facebook, WhatsApp and Snapchat to discuss information about their patients, despite a ban on the use of internet- based messaging apps, experts say. Due to the lack of digital sharing systems, UKs National Health Service (NHS) doctor use groups on Facebook and Whatsapp to share details about patients, according to Alisdair Macnair, an NHS doctor based at Cambridge. Use of internet-based messaging apps to send patient information is banned by the NHS. "I have also seen chat on Facebook groups that sails pretty close to the wind in terms of discussing medical information," Macnair told the BBC. "I've definitely seen stuff which is one step away from being patient identifying," Macnair said. "I am empathetic with doctors because there is a nee...

Snapchat Stock Falls as Alleged CEO Comments on India

18Apr By AdityaNo Comments

News

Snapchat Stock Falls as Alleged CEO Comments on India

Shares of Snap fell 1.5 percent as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising growth in India and Spain because they were "poor" countries. The dip put Snap on track to close at its lowest level in nearly a month, a bad sign following its $3.4 billion public listing that was the hottest by a technology company in three years. Twitter users using the #boycottsnapchat hashtag called for uninstalling the Snapchat app after a legal document unsealed last week alleged that Snap Chief Executive Evan Spiegel in 2015 said he was uninterested in prioritising growth in India and Spain because they were "poor". The legal document filed in a Los Angeles state court concerns claims made in a lawsuit filed by an employee who left the company...

Snapchat App is For Everyone and We are “Grateful” To Have Indian users: Official

17Apr By AdityaNo Comments

News

Snapchat App is For Everyone and We are “Grateful” To Have Indian users: Official

Snapchat today refuted the reported claims of a former employee who alleged that its CEO Evan Spiegel made negative comments about the Indian market, saying the multimedia mobile app is for everyone and the company is "grateful" to its Indian users. "Obviously Snapchat is for everyone! It's available worldwide to download for free," a spokesperson for Snapchat said in a statement to CNN. Snapchat is strongly denying allegations by a former employee Anthony Pompliano, who alleged in a lawsuit that Spiegel had once shot down his suggestion to pursue growth in certain international markets. Pompliano alleges that Spiegel said Snapchat is "only for rich people" and that he didn't want to "expand into poor countries like India and Spain. "Those words were written by a disgruntled fo...

Instagram Stories Overtakes Snapchat to Hit 200M Daily Active Users

16Apr By reutersNo Comments

News

Instagram Stories Overtakes Snapchat to Hit 200M Daily Active Users

Facebook-owned Instagram has claimed that more than 200 million people a day use its Stories feature, which competes against Snapchat. Snapchat had 161 million daily active users at the end of last year, ahead of Snap's March initial public offer, which was the largest by a technology firm in three years despite decelerating user growth. Instagram Stories' daily active users announced on Thursday has grown by 33% from the 150 million daily active users it had in January. The Instagram feature, which launched last year, lets users and businesses post a string of photos and videos that disappear after 24 hours, similar to Snapchat. Facebook last month introduced an update to allow users to tweak photos on their smartphones with visual details like a rainbow or a beard of glitter,...

India is Poor Country To Exapnd Snapchat: Evan Spiegel

15Apr By PriyankaNo Comments

News

India is Poor Country To Exapnd Snapchat: Evan Spiegel

Evan Spiegel, Snapchat founder & CEO making controversy saying India is 'too poor' to consider expansion of its user base. According to one of their ex-employee, the founder of US fastest growing social media app Snapchat said that, "This app is only for rich people. I don't want to expand into poor countries like India and Spain,". The ex-employee said that during a user growth meeting in 2015, Evan Spiegel put emphasis on acquiring only premium users. The ex-employee is currently engaged in a lawsuit against Snapchat after he accused the company of presenting misleading inflated statistics of user data to its investors. According to the lawsuit, Pompliano worked at the firm for three weeks before he was fired for uncovering ‘massive internal systematic failure’ and reporting...

Snap’s Shares Set For Trading Pop After $3.4 Billion IPO

3Mar By reutersNo Comments

BUSINESS

Snap’s Shares Set For Trading Pop After $3.4 Billion IPO

Snap Inc's in-demand shares were set to rally on their first day of trading in New York on Thursday, after the owner of the popular Snapchat messaging app raised USD3.4 billion in its initial public offering (IPO), above its price expectations. Early indications pointed to the shares opening up at between USD22 and USD24, after the IPO priced on Wednesday at USD 17 per share. The IPO book was oversubscribed by more than 10 times, boosting the chances of a pop on the first day of trading. The New York Stock Exchange carried out a trial run last week to make sure the third-biggest technology IPO ever goes smoothly. Facebook Inc's eagerly awaited market debut in 2012 was marred by a technical glitch at rival exchange Nasdaq. After pricing its IPO at USD17 a share, the owner of the po...

Facebook Acquired Facial Recognition Startup FacioMetrics To Challenge Snapchat

17Nov By AdityaNo Comments

ACQUISITION

Facebook Acquired Facial Recognition Startup FacioMetrics To Challenge Snapchat

Social media giant Facebook acquired facial recognition startup FacioMetrics, potentially using the technology for photo or video effects to better challenge rival Snapchat. "How people share and communicate is changing and things like masks and other effects allow people to express themselves in fun and creative ways," a Facebook spokesperson said in an email. "We're excited to welcome the FacioMetrics team who will help bring more fun effects to photos and videos and build even more engaging sharing experiences on Facebook." Silicon Valley-based Facebook did not disclose financial terms of the deal to buy FacioMetrics, which was spun out of Carnegie Mellon University in Pennsylvania. FacioMetrics was founded in 2015 and specializes in using artificial intelligence to give facial...

Google Capital Rebrands as CapitalG; Discloses Snapchat Investment

5Nov By reutersNo Comments

FUNDING

Google Capital Rebrands as CapitalG; Discloses Snapchat Investment

Alphabet's venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website. CapitalG has not made a formal announcement and it was not clear when Google made the investment. The company was not immediately available to comment. Snap, which operates the popular messaging app Snapchat, has hired Morgan Stanley and Goldman Sachs Group as lead underwriters for an initial public offering. The banks were notified last month that they had been awarded one of most coveted and potentially lucrative IPO mandates in recent years, as the Venice, California-based company vies for a $25 billion valuation in the stock market. Snapchat, which lets users send smartphone p...

Snapchat Parent Working on IPO Valuing Firm at $25 Billion or More: Report

7Oct By reutersNo Comments

News

Snapchat Parent Working on IPO Valuing Firm at $25 Billion or More: Report

Photo-sharing app Snapchat's parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter. Snap, which operates the app that lets users send videos and messages that disappear in seconds, is looking to sell shares as early as late March, the Journal reported. An IPO valued at $25 billion would be significantly higher than Snapchat's most recent valuation of $17.81 billion, based on a $1.81 billion financing round in May. It would also represent the largest IPO by a technology company since Chinese e-commerce giant Alibaba Group went public in 2014. Snapchat had been talking to investment bankers about an IPO towards the end of this year or early in 2017, technology we...

Decoding: Venture Capital Investments Globally

18Jul By reutersNo Comments

ANALYSIS

Decoding: Venture Capital Investments Globally

Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped restore confidence, according to a new report published on Friday. Investors plowed $15.3 billion into venture-backed startups in the second quarter of this year, a 20.5 percent increase over the $12.7 billion invested in the first quarter, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association. The report's conclusions are based on data from Thomson Reuters. "There was a bit of a pause in the first quarter when the public markets took a beating," said Sean Cunningham, managing director of Trident Capital Cybersecurity. "The public markets are back. Everyone is bullish." Ride-hailing company Uber Technologies Inc and mes...

Snapchat Overtake Twitter in Number of Daily Users Mark

3Jun By NitishNo Comments

News

Snapchat Overtake Twitter in Number of Daily Users Mark

Snapchat now has more daily users than Twitter, according to a report from Bloomberg.The four year-old messaging app, which is hugely popular with millennials, reportedly has 150 million daily active users compared to less than 140 million users for Twitter. According to Twitter’s most recent figures it has 310 million monthly active users, but it hasn’t made any official statement as to how many of those use the service on a daily basis. Twitter and Snapchat both declined to comment to the publication. Snapchat has made communication more fun with many users sending selfies to each other with added graphics and filters, plus short videos. It’s also responsible for the popular ‘face swap’ meme in which the faces of the two people (or animals) in a photo can be switched. Twitter...

5 Indian Social Commerce Websites That Let You Confess and Share

27May By NitishNo Comments

Story

5 Indian Social Commerce Websites That Let You Confess and Share

Social commerce is no more a space occupied by the likes of Instagram, Snapchat and a few other influential brands like Twitter and Linkedln. In fact, the networking giants like Instagram and Snapchat have now shown way to newer social commerce startups how to attach with the audience. These below mentioned social commerce platforms let you create meaningful conversations, along with building social networks. They not just enable you to share experiences but also let you earn reward points. Sagoon - Sagoon is an online social commerce platform that facilitates an amalgamation between concepts of social network/collaboration and E-commerce. Initially incepted in 2009, it was further developed over the years, finally being officially launched in its latest avatar on November, 2015. ...