First published October 6, 12:13 p.m. PT.Update, 1:16 p.m.: Adds information throughout. Snap Inc., which makes the popular photo and video app, may start selling shares by late March. Snapchat's parent company, Snap Inc., is planning an initial public offering as soon as late March, according to The Wall Street Journal. The offering would reportedly value the company at $25 billion or more. Snapchat, a mobile app that lets users post pictures and videos that disappear after a set period of time, recently renamed itself Snap Inc. The decision by CEO Evan Spiegel was a clear sign that the 5-year-old company is broadening its vision beyond its flagship app, which is popular among teens and young adults. Now that apparently means life as a public company.
Instagram Stories is a hit, after just two months, Overall, the photo-sharing social network, which turns 6 years old today and is owned by Facebook, has 500 vintage & shabby chic - floral roses flowers rose iphone case million daily users, Systrom said, Instagram did not immediately respond to a request for comment, When Instagram debuted Stories in August, the company received sharp criticism for cloning the marquee feature from Snapchat, one of its biggest rivals, Snapchat, whose modus operandi is in ephemeral videos and pictures, has been wildly popular with young people, Snapchat, owned by Snap, says it reaches 41 percent of all 18- to 34-year-olds in the United States on any given day..
That's a demographic Facebook -- and most every company, really -- craves. The social network already has a history of taking cues from Snapchat. In 2012, Facebook created an app called Poke, for sharing disappearing pictures, also widely seen as a Snapchat clone. It was shut down in 2014. Systrom said launching Instagram Stories was about more than tacking on what's "cool or hip." It was about following the larger trend of "ephemerality.""Ephemerality had to be adopted in a way that worked. And a signal that it is working is that after just a few months, over 100 million people, daily, use Instagram Stories," he said. "So, forget about pride of authorship, internally or externally -- it's working."The Facebook-owned social network says the popular feature is all about "ephemerality" -- "pride of authorship" be damned.
The new minimum spec for an Oculus-ready PC, Or if you're building a PC yourself, Oculus says you'll need only a dual-core Intel Core i3 processor and an Nvidia GTX 960 graphics card, instead of the quad-core Intel Core i5 chip and more powerful GTX 970 graphics that were required before, More vintage & shabby chic - floral roses flowers rose iphone case AMD CPUs are also now supported, Oculus CEO Brendan Iribe announced the move Thursday at the company's Oculus Connect developer conference, "PC VR is more affordable than ever," said Iribe, who added that Oculus is now certifying VR-ready laptops from partners Alienware, Asus, Lenovo and Aorus (a division of Gigabyte)..
"Within years, there will be hundreds of Oculus-ready laptops," he said. The move to make VR more affordable doesn't come without risks. Some VR titles already struggle to run properly at the company's previously announced recommended spec, and it's not clear if all games will run at the new one. (It's a big problem when games struggle to run properly in VR, because they won't be as immersive, and they can make some players sick.). It's possible the low starting price of the PlayStation VR and the outcry about expensive PCs forced Oculus to lower the spec. We'll see if the company ends up regretting it.
