Yahoo is on its way to being part of Verizon, but the soap opera in Sunnyvale seems to find a way to continue. And, the media, which now enjoys exposing errors made in Silicon Valley because the CEO’s and founders who want to be positioned as “rock stars” are going to be paying the price. People, not products and services, have become the news stories of late. It’s time for a media reset as it’s the product or service that the market eventually uses to decide a company’s fate.
On the subject of services, Facebook, is showing a very socially responsible side, has added a feature to help prevent suicide. As someone who has a friend actively involved in suicide prevention this is awesome news and follows the “safe check in” approach that FB likes to promote in times of disaster.
In other news Netflix is doing more and more with Artificial Intelligence (AI) while YouTube seeks to be Cable 2.0 but better. Facebook adds an Apple TV app, Spotify goes Higher Fi, Medium goes Snap. All those stories and more are in today’s COMUNICANO.
Snap Inc., maker of the disappearing photo app that relies upon the fickle favor of millennials, is going public at a valuation at least twice as expensive as Facebook Inc., and four times more costly than Twitter Inc.
An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc’s decision to deny shareholders voting rights might also reduce the social media company’s public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday.