The battle for users rages on in social media. The big players in the industry all released a number of new products, and some, like Snapchat, unveiled redesigns to draw people in. Did it pay off?
Diply President Dan Lagani takes a look at the winners and losers in 2017. Diply conducted a survey looking at how people are using social media apps and sites. Facebook, unsurprisingly, came out on top as the most popular platform. What is surprising, however, is that millennials are 45 times more likely to use Facebook than Twitter, and that lead is expected to grow.
When asked which platform they would be most likely to delete in 2018, respondents put LinkedIn at the top of their list. Following closely behind were Twitter and Snapchat. After Snap's major revenue miss this year, the company needs a big boost to turn things around in the new year.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
