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WhatsApp Passes 600 Million Active Users, New Features in Progress

Date:
August 25, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
There are 600 million people actively using WhatsApp. According to its founder, Jan Koum, the mobile app got 100 million more active users in just the last four months. Koum was quick to point out that active users are people using the app regularly. WhatsApp gained traction in every major region in the world. It's growing the fastest in Brazil, Russia and Mexico, and a tenth of the active users are from India. Facebook acquired WhatsApp at the beginning of this year for $19 billion. It expressed interests in monetizing WhatsApp better and is reportedly working on file sharing and call features. However, WhatsApp's most valuable part for Facebook is the database. Top traffic and the number of conversations allow Facebook to extract marketable information on the users' likings. Mark Zuckerberg said, "[WhatsApp] is the only app we've ever seen with higher engagement than Facebook itself." WhatsApp can also borrow what its competitor WeChat has been doing. WeChat took over the smartphone chatting arena in Asia by storm last year and it sells special stickers and emoticons for users to share with friends. Of course, WeChat contributes the most to its parent company Tencent's bottom line by driving traffic to everything else Tencent owns, and Facebook wants the same. Video provided by TheStreet


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New York State Data Breaches in 2013 Hit 7.3 Million People, Highest to Date

New York State Data Breaches in 2013 Hit 7.3 Million People, Highest to Date

TheStreet (July 15, 2014) — 2013 was a record year for data breaches in New York, at least according to a report from the New York State Attorney General's office. Public and private institutions in New York experienced more than 900 breaches and more than seven million New Yorkers had their personal information exposed. Threats in 2013 were led by the high profile hacks at Target, where 40 million credit and debit card numbers and 70 million home addresses were stolen nationwide. Database intrusions at LivingSocial and Neiman Marcus followed. The report concludes that organizations in New York State, including businesses, lost nearly $1.4 billion from cyber attacks in 2013 alone. TheStreet's Julia Sun reports from New York. Video provided by TheStreet
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Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

Why Google-Owned YouTube Wants to Buy Gaming Video Site Twitch

TheStreet (May 19, 2014) — Google-owned YouTube is reportedly in talks to buy Twitch for as much as $1 billion, nearly as much as the $1.65 billion deal for YouTube itself in 2006. Here's why the largest internet name in the world would want a relatively obscure startup. First, Twitch is the leading online platform for gamers to stream and broadcast videogame play. The site boasts 45 million unique monthly users, one million of those who actively create and upload their own content. Second, Twitch is the fourth-largest source of broadband traffic in primetime hours, even beating out Facebook and Hulu. Finally, Twitch users' levels of engagement are higher than those who use YouTube. Video provided by TheStreet
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Tablet Sales Decline for the First Time Since iPad Introduction

Tablet Sales Decline for the First Time Since iPad Introduction

TheStreet (May 29, 2014) — Tablet computers are selling slower for the first time since Apple introduced the iPad four years ago, although to be fair, consumers still love them. Market intelligence firm IDC expects 245 million tablets to fly off the shelves in 2014. But, it was slow going into the first three months of the year. Shipments of new tablets fell 5% to just a little over 56 million units. Apple is the most popular tablet manufacturer in world with about a 20% market share, but Apple's shipments during the first quarter slid more than 16% to 16 million units. Some of the change can be attributed to users holding on to the devices longer, as many don't feel the need to replace what they already have and if they do upgrade, they give the older model to a family member or a friend, which makes them less likely to buy another one. Smartphone screens are also getting bigger and phablets are eating away at tablet's market share. Video provided by TheStreet
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