Snapchat Loses 3 Million Daily Users
Though Snapchat’s new user rate has been declining in recent months, it has never experienced an actual loss of users… until now. In the company’s latest earnings report, it was revealed that the company lost three million daily active users in the second quarter of 2018, from 191 million down to 188 million.
However, it’s not all bad news. The company also beat Q2 revenue projections, bringing in $262 million as compared to an estimate of $250.43 million (based on $1.40 average revenue per user).
Many factors led to this eventual exodus of users, including Snapchat’s much maligned app redesign earlier this year and plenty of competition from apps like WhatsApp and Instagram, which are both now owned by Facebook.
Instagram added 300 million users from Q2 2017 to Q2 2018, followed by Facebook at 228 million and WhatsApp at 200 million. By comparison, Snapchat added only 15 million daily users over the past year.
Evan Spiegel, Snap chief executive and co-founder, said, “We feel that we have now addressed the biggest frustrations we’ve heard and are eager to make more progress on the tremendous opportunity we now have to show more of the right content to the right people.”
With the future of Snapchat in question, the next year will be full of trials for the comparatively young company.
REPORT: The Number of Spotify Users & Paid Subscribers Show Just How Huge It Is
Spotify rapidly grows, going toe-to-toe with Apple Music to be the top global music streaming service. Spotify’s latest quarterly earnings have come in, showing a huge growth with continued operating losses.
The good news? Spotify has hit 83 million paid subscribers, a big increase from the 70 million paid subscriber count last released. That represents a 13 million paid subscriber growth in the span of several months. Spotify also grew its total users to 180 million, meaning nearly half of all users are paid subscribers.
The bad news? Spotify once again worked under operating losses, aka the service has not entered profits territory yet. The losses have increased, with a total OL of 394 million euros (or $459 million). This marks more than double of Spotify’s OL since last year.
Despite the worries about profitability, investors reportedly remain optimistic about Spotify. Will the streaming service ever reach profitability? The jury is out on that one, but we’ll keep enjoying our Discover Weekly playlists in the meantime.
H/T: The Motley Fool
Instagram Smashes Massive 1 Billion User Mark
Social media platforms like Facebook may still dominate, but Instagram is claiming hold. According to a TechCrunch report, Instagram now has 1 billion monthly active users. Even better news? Instagram has launched an IGTV app for longer video recording.
Instagram’s IGTV app allows users to record up to hour-long videos. The videos are in vertical format and can be in 4k quality. Users can post their videos directly to their profile as wll. IGTV is an extension of Instagram’s current video and Stories capabilities. Users previously could only post up to 60 second videos on their feed and up to 15 seconds clips on their Stories. But with IGTV, Instagram competes with YouTube and other video platforms.
Instagram’s growth follows Facebook, which currently sits at 2.196 billion monthly users. Instagram also dwarfs Snapchat, which only has 191 million active users. Snapchat’s recent changes have alienated many of its users, and Instagram’s new features clearly appeal to them. Instagram’s growth is even more impressive when considering it grew from 800 million monthly users last September. In less than a year, it gained 200 million more monthly users.
If IGTV proves successful, Instagram can grow even more in the future. Keep your eyes peeled.
Unskippable Ads Have Come To Snapchat
You’re on Instagram, scrolling through your friends’ stories, and you reach an ad… you tap on the right and move on, that’s it. Now consider the same situation situation on Snapchat: you’re scrolling through your friends’ stories, and you reach an ad… boom, six seconds, and you can’t skip it. What are you more likely to do? Keep watching stories, or exit out of the app?
In an attempt to generate more revenue after seeing its stock price drop by more than 50 percent in a little more than a year, while taking a $40 million loss on unsold Spectacles, Snapchat has introduced the new ads to its service.
The good news is that if you just use Snapchat for chatting (but let’s be real, who does this when options like Kik and WhatsApp are available), you won’t ever see these ads. In fact, for now, you won’t see them scrolling through your friends’ feeds, either. The ads will be placed in between videos in the “Shows” section, which features longer-form videos produced by ESPN, NBC, Viacom, and others.
Gizmodo speculates that unskippable ads could pave the way toward a premium subscription for Snapchat users. However, the possibility remains that Snapchat could drive away more users than the revenue it generates with the new ads.
Worst of all, the ads don’t contain any hyperlinks or relevant information within the app. “So in the event that you actually see an ad for something you want,” writes Gizmodo, “you’ll still need to leave the app and resort to a Google search to learn more.”
Seems like one step forward, and two steps back.
Instagram Introduces Wellbeing Team To Address Mental Health Concerns
Instagram is a platform where individuals portray their personal lives in a positive manner. However, this fabricated view reality has been known to lead to depression, anxiety, bullying, and other mental health concerns that can negatively affect how a user perceives themselves.
As a response, Instagram is establishing a Wellbeing Team in order to combat the crippling self-doubt and other self-deprecating behaviour associated with using the app.
Eva Chen, the head Instagram's fashion partnerships, recently addressed this widespread concern when answering a question about parent company Facebook's impact on mental health. "The team’s] entire focus is focusing on the wellbeing the community. Making the community a safer place, a place where people feel good, is a huge priority for Instagram. I would say one the top priorities."
The company has been rolling out new features that contribute to a more positive space when using Instagram. This includes content moderation tools that hide inappropriate comments, giving users the ability to make personalized filters that abolish any commentary they may be fended by. Instagram has also established teams that examine reports sent in by individuals who believe a user may need mental health support, giving the individual access to groups who can fer aid in a time need.
The company hasn't revealed exactly how the Wellbeing Team will operate just yet. Stay tuned for more details relating to this upcoming new feature.
Spotify Plays The Victim Card, Says 2 Million Users Are Using Ad-Blockers
According to data obtained by the company itself, Spotify users have been hacking the service through VPN protection, thereby calling f all advertisements subjected to regular subscribers. Their findings are accurate to the point narrowing down a precise number suspected fenders. They issued the following statement in an amended document sent to the U.S. Securities and Exchange Commission:
“On March 21, 2018, we detected instances approximately two million users as December 31, 2017, who have been suppressing advertisements without payment,”
Earlier in the month, Spotify began a campaign against free users testing the limitations their service. Users started seeing the following notification upon signing in:
"Dear user: We detected abnormal activity on the app you are using so we have disabled it. Don’t worry — your Spotify account is safe. To access your Spotify account, simply uninstall any unauthorized or modified version Spotify and download and install the Spotify app from the ficial Google Play Store."
The notifications were sent at random as a preventative measure. They have yet to find a solution to the problem. Since coming out as a publicly traded identity, Spotify has been looking for ways to diminish the revenue gap between itself and its competitors.
Mark Zuckerberg Addresses The #DeleteFacebook Movement
Mark Zuckerberg has finally apologized for Facebook's recent data breach scandal in relation to Cambridge Analytica's data mining. In a recent interview with the New York Times, the CEO says the plight for many to delete their accounts on the popular social media platform is not an ill-fated sign for the website's future.
Cambridge Analytica have been charged with collecting private data from millions Facebook users in order to positively influence Donald Trump's 2016 presidential campaign presence online. Since these claims have spread throughout multiple news sources, a movement called #DeleteFacebook has been backed by celebrities such as Cher and Jim Carrey, and has been spreading like wildfire over Twitter.
Zuckerberg hasn't notice a steep decline in users since the news broke, but does admit that this has effectively created a much larger problem for Facebook. "I think it’s a clear signal that this is a major trust issue for people, and I understand that," he notes. "And whether people delete their app over it or just don’t feel good about using Facebook, that’s a big issue that I think we have a responsibility to rectify."
Facebook will have to do some serious damage control in order to re-stabilize its reputation amid this blunder, which has many concerned about how seemingly private information can be easily mined as users unwillingly become products shady operations.
Snapchat Will Soon Allow Users To Tag Each Other In Posts
Snapchat has recently gone through the wringer after news broke that the company's stock price plummeted to an alarming new low, alongside the revelation that they have also laid f 100 employees. However, this has not stopped the popular social media application from labouring over new and exciting updates for the widely used photo and video sharing platform.
The company has confirmed that they will be allowing users to tag one another in posts, which echoes certain capabilities found within Instagram. This feature can be accessed by typing an "@" followed by a person's username, which will enable a pop-up window showcasing said user's handle, and Bitmoji (if applicable), as well as the ability to add them as a friend.
If a user has been tagged in a post, they will receive a standard notification similar to Instagram and Facebook. As right now, there is no concrete date as to when this new feature will be rolled out on the app, as it is currently still in Beta testing for the time being.
In related news, Future took to Snapchat to preview some new tracks he has been cooking up in the studio. These short snippets reveal the rapper's usual trap-inflected sounds, as well as an untitled collaboration with none other than Drake.
Spotify Is Now A Publicly Traded Company
Spotify has effectively made its very first sale stock available to the public, with the Security and Exchanges Commission on Wednesday (Feb. 28). That's right folks, Spotify is now a publicly traded entity. Spotify will now be certified under the abbretion SPOT, at the New York Stock Exchange.
RELATED: Uber Driver Chooses Spotify Playlists Based On How You Look
In their presser, Spotify made claims usership soaring over 71 million mark, nearly twice as much as Apple Music. The 1 Billion dollar IPO gives us an inside look at Spotify's financial structure. The billion dollar total is the collective sum all transactions by all existing shareholders. The number is subject to change. Never the less the company is not issuing this IPO, in order to raise capital. They are simply trying to stay head above water.
RELATED: Eminem's "Till I Collapse" Is Spotify's Most-Streamed Workout Record
Spotify's prit margins are still well below Apple Music because licensing fees. Spotify is forced to endure these fees at the behest music labels. The only solution in this industry is to control your own content. We'll have to see how this unfolds.
HNHH's Top Users (& Trolls) Of 2017
Happy New Year, HNHH friends!! As we plan for the year ahead, and reflect on the past year, we're paying tribute to all the users that helped the site, or perhaps more specifically, the comment section, thrive over the course 2017. Some you are trolls whom we have a love-hate relationship with, some you are genuine and thoughtful in your commenting, and some you are just plain hilarious. Even if you are not an avid commenter, chances are you get pulled into reading the lively comment section just for the lolz and lmfaos. After taking a break from this feature last year, we're back in effect for 2017 but just know: we have our banning fingers nimble and ready if things get out hand (warning shots!!).
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With 2017 ficially behind us, take a look below to find out some stats and info on some our most persistent trolls, our most loyal users, and who on the site had the most comments this year.
The year Young Thug Teeth users:
For whatever reason, we seemed to have an abundance teeth-promoting users in 2017. We're sure some you have been around prior to this year, but it's only been the past twelve months that we've noticed this trend takef. After doing some digging, I discovered something amazing. There are 25 users who incorporated 'teeth'as part their username, and another 28 opting for the lonely 'tooth'variety.
It seems the most rampant is shouting out Young Thug's teeth. There are multiple user accounts belonging to Young Thug's Teeth but it would appear this one is the original -- at least in terms account creation. Below, you'll find a timeline current Young Thug Teeth accounts and their variations, as well as some other teeth username favorites.
1. ?Young Thug's Teeth? (the earliest account, the OG, it seems)
2. Young Thugs Teeth (sans emojis)
3. Thuggers Pearly Whites (getting creative)
4. Young Thug Teeth's Whore Mother
5. Young Thug Teeths BF
6. ?Young Thug's Teeth? (the second coming?)
7. Young Thugs Teeth (the second coming, sans emojis?)
8. Future The Trashman - Ethered Young Thugs Teeth (did he really though??)
Fabolous's *FIXED* Teeth (*FIXED* being key here)
Lil Wayne's teeth (We've got a coupleLil Wayne Teeth users, however this one is the OG)
Lil Uzi Vert's tooth (Uzi only gets a singular tooth shout out)
Most frequently used rapper name in a username:
You guys hate on us for posting so much Drake, yet there are 383 you with some form 'Drake' in their username (and add another 199 for all the users who incorporate his nickname, Drizzy ?!!!). Compare those numbers to 18 you with 'Lil Wayne' (but if we go the 'Weezy' route, we can tally up another 227 you) or, 47 with 'Meek Mill' and 57 with 'Young Thug.'
The most real-ass (& generally positive) commenters:
1. Made_to_Post: We want to give a shout out to Made_to_Post for coming correct with the comments, fering up actual discussion points and real (we think) opinions on subjects-- and not random subjects, the subject the article where Made_to_Post is commenting. He's also the most generous user 2017 when it comes to bestowing 'Likes.'
2. Only Real HipHop Can Last: Second place comes Only Real HipHop Can Last -- as you might expect from a username like that, this user ten fers up his thoughts on anything music-related, whether it's the latest Lil Wayne song or a listicle we created, and whether that opinion is negative or positive, we herald the fact that one thing is for sure, he's not going out his way to troll. He's just doing him.
3. Jar Jar Binks: In third place, we salute Jar Jar Binks for also delivering real comments on pertinent stories, even though Jar Jar can be critical, most time it's not entirely unwarranted either. Jar Jar is not spamming our pages or else fanning out about any one particular artist. And we appreciate that. This user is also very respectful with the 'Likes.' We could all use a little bit more 'Likes' in our lives, amirite?
Most reported, aka most annoying, aka biggest spammers:
As the title indicates, these were the top 3 most-reported users in 2017, meaning, they kept saying shit that you didn't like. Whether it was spam or legitimate hateful speech, they kept getting on all our nerves.
1. Pnd durag goat Aka simulation theory
2. King CB (HOAFM Is AOTY)
1. Deathstroke | HBOAFM ?????
Deathstroke goes in on Chris Brown's behalf, Every.Single.Day. He'll ten just refer to the singer as CB, and speaks as though he knows him personally. Apparently, he knows what's up with stocks too (yet somehow the conversation will always circle back to CB). The HBOAFM addition to Deathstroke is a more recent flex on Breezy's behalf, but if you recall, he's also had other accounts under the Deathstroke name that may not have been as fervently passionate about CB. A recent sampling for your amusement:
This is your standard Deathstroke | HBOAFM ????? comment:
This comment is in reference to this article, for context's sake:
The advice soon followed:
2. Pnd durag goat Aka simulation theory
Is it a surprise that among our Most Hated users, we also find our Biggest Stans? Next up, you've surely seen him go to bat for PND whether or not it actually makes sense (meaning, it doesn't really matter what the topic is), Pnd durag goat Aka simulation theory. Now this user actually has six total accounts, ranging from 2016 to the most recent Pnd durag goat Aka simulation theory adopter in September 2017. It's safe to say, some these (or all) are the same person. That might just be what happens when you get yourself banned time and time again. As well, the many Pnd durag accounts seem to be embroiled in a beef with another infamous user, Trashman, although it's unclear if this is a one-sided beef.
Here's the type comment you can expect when Pnd durag goat chimes in on a post, no matter which account it might be from.
3. Tunechi got that sack: Tunechi is not new at this thing, he's been going hard for his boi Lil Wayne and continues to do so, especially in the wake D6. His comments take the perspective Weezy himself, and he'll ten begin his comments with some typical Wayne-inspired lingo, "Word to blood slime," and then close his comments with a "Free C5" shout out some sort as well as a wealth exclamation marks.
Most loyal commenters:
We want to give a special shout out these dudes for staying consistent on the site over the past couple years. They're loyal, and more ten than not, respectful.
1. K129 -TW:@kp129music-Beatmaker
2. Master Roshi
Where are they now? Troll edition:
1. Mr. October: If you can believe it, we actually have ONE HUNDRED AND THIRTY THREE DIFFERENT accounts with the Mr. October username (and about half them are currently banned). Thus unsurprisingly, he was once an unavoidable presence on the site, but he's since disappeared a bit from plain view. The one we're linking to here is the oldest account that currently exists, however as time has gone on, the Mr. October accounts have taken different forms with different affixes to the name, the most recent iteration Mr. October comes as Mr. October - Biews Boming Boon.
2.? LORD PILLS THE MIGHTY ? : Lord Pills was also an abundant and incessant presence on the site, he even had a ? LORD PILLS BACKUP ? account, 'cause you never know (there also accounts claiming to be LORD PILLS' DAD, as well as his Mother, and in another instance, his Angry Momma). However he hasn't been littering our comment sections as much as he did previously in the year. Where'd he go? Do we even miss him?
3.Trashman: As with the two above, Trashman was once a rampant troll on the site, and so the fact that there are 26 different accounts adopting Trashman into their username somehow is unsurprising. If I recall correctly, Trashman and LORD PILLS were ten in cahoots, or else beefing, across the HNHH pages. The latest iteration Trashman is Future The Trashman - Ethered Young Thugs Teeth, although he has not been overtly active as late.
4. Giovannie Hernandez: Who remembers when good ol' Giovannie would comment at lightning speed on any and every post, simply repeating the title the article? He actually resurfaced recently, but remains much more lowkey than previous years.
Most comments 2017:
These our our top 10 commenters the year, based f the number comments each made, which is included below. Is it kinda crazy that our #1 commenter almost doubles in amount than the person that follows him??? Lawd.
1. ?Young Thug's Teeth?- 7094
2. Deathstroke | HBOAFM ????? - 3929
3. Made_to_Post - 3607
4. Playboy X - 2633
5. Pnd durag goat Aka simulation theory - 2465
6. Spirit Sword - 2462
7. Slimjesusthatnigga - 2418
8. Bradley OVO Boucher - 2206
9. louis - 2052
10. Majin Vegeta: #RIP PimpC - 1942
Honorable mention: Master Roshi - 1915
We hope you guys all had a great 2017, and we're wishing you an even better 2018.