Virtual Skinny: Stand Up for Your Rights

Posted by The Virtual Skinny on August 30, 2016 in Internet & Tech, Newsletter 0 Comment

8.30.2016

Good to Know: Need to manage paper business cards? Mobile apps CamCard and ScanBizCards could help.

THE SKINNY

When You Take People Out GoT Style …

Last Friday, Facebook axed its Trending Topics team of humans with almost no warning. #Savage

When You Need An Explanation …

A little while back, FB was all up in the headlines for its alleged human bias in the type of stories picked up by Trending Topics. Some said the stories leaned more left than right, especially when it came to political news. Naturally, U.S. Republicans stepped in. As far as we knew, it was water under the bridge. But, not quite.

When You’ve Taken A Stand …

You may have noticed that Trending Topics no longer shows short summaries of news article. Instead, you just see the number of people talking about a topic. Well, that’s because FB decided it was better to swap out human editors for algorithms (Algorithms: Rules that tells computers what to do). The justification? FB said it’s listening to its community. And, the move “allows [FB] to scale Trending to cover more topics and make it available to more people globally over time.”

When You Can’t Fact Check …

Within about 48 hours of computers taking over Trending Topics, FB ran into some … issues. What had happened was its algorithms picked up a fake news story about Megyn Kelly being fired. Not true, Megyn Kelly is still gainfully employed by Fox News. Whoops!

When You’re Being Dragged …

FB removed the fake story, but it’s still not immune from being dragged via Twitter because some people can’t stand the change. BTW, the Zuck says it has no plans to transition from tech to media. Journalists are calling B.S. because FB is a master at selling its users’ attention to advertisers. Could a potential #JournalistsFurtherExposesFBParty be brewing on the Twitterverse?

WHAT ELSE IS GOING ON?

**B*tch Better Have My Money …**

The European Union (EU) warned Apple not to call it on its bluff. In today’s ruling, the EU ordered Apple, Inc. to hand over a record US $14.5 billion (13 billion Euros) in back taxes to Ireland. This whole drams comes down to the EU believing that Ireland played faves with Apple with it came to taxes. To be clear, the EU is saying that Ireland gave Apple tax benefits for the past two decades. And, under EU law, this type of special tax treatment is a major no-no. Apple is understandably peeved about the decision. Ireland’s got Apple’s back and plans to appeal. Even, the U.S. government has piped up and is basically saying that the EU’s decision is no bueno and could hurt US-EU biz relations and even turn potential foreign business away from the EU.

Is This Happening Or Nah?

Everyone expected a tech bust about a year ago, but it didn’t happen. HOW, Sway? We get the confusion. This time a year ago, investors were throwing money at on-demand delivery start-ups and Uber like one of Oprah’s giveaways. A crash seemed like a sure thing, but then startups got smart and started saving more and spending less on things like perks. Also, foreign investment money from countries like Saudi Arabia helped. A tech crash could still happen but probably not any time soon.

THE STREETS ARE TALKIN’

Amazon’s work schedule (especially for its technical team) is no joke … Soul crushing even. The company may finally be making a change. It’s testing out a 30-hour work week with a portion of its technical team (Monday through Thursday from 10 AM to 2 PM). The experimental group will still get the same benefits as everyone else, but they’ll be getting paid 25% less.

Twitter is trying to do what Instagram just did to Snapchat. The microblogging site is following in YouTube’s footsteps. It wants to reward its most popular users with cash money if they create video content for the site. Twitter’s offering its top users a 70% (content creators) -30% (Twitter) split in revenue – a better deal than YouTube’s 55%-45% split. Not sure if the deal will help bring in creators though since YouTube and other similar platforms are so far ahead in the game.

MAKIN’ MOVES

Uber said “you can’t sit with us” to Alphabet’s Chief Legal Officer David Drummond. Since Uber and Google are actively working on self-driving projects, Drummond decided to step down from the ride-hailing company’s board.

Virtual Skinny: Open Up!

Posted by The Virtual Skinny on August 26, 2016 in Internet & Tech, Newsletter 0 Comment

8.26.2016

Good to Know: Need to kill some time on a Friday? Google ‘solitaire’ or ‘tic-tac-toe’ and get your game on…Enjoy!

THE SKINNY

When You’re Doing An About-Face …

Messaging app WhatsApp was hell-bent on protecting its users privacy, but things change.

When You’re Not Selling Out Completely …

To be fair, WhatsApp isn’t completely going back on its word. It just announced that it’ll be sharing ‘limited data’ (including phone numbers) with Facebook, it’s parent company. In case you forgot, FB bought WhatsApp for a whooping US $22 billion back in 2014.

When You’re Not Sure Why This Is Happening …

There are a number of reasons for the change. Better friend suggestions is one … Getting better FB ads and just having a better experience with the app generally are others … And, even helping businesses offer better customer service is also on the list. In other words, WhatsApp need to make money.

When You’re Trying to Be Open …

WhatsApp understands that this privacy policy change doesn’t look good, but it wants users to know that it’s encryption game is still hella strong. But if you’d rather be excluded from this narrative all together, you’ve got a couple of options. You can opt-out right away or within a month if you’ve already agreed to the app’s new terms.

WHAT ELSE IS GOING ON?

Wanna Be Startin’ Somethin’?

This week, rapper Frank Ocean released his long, looooooooong awaited album called, Blonde. Ocean released his latest work independently and got his work to the masses via iTunes and Apple Music. Turns out this is a nightmare scenario for record labels. If artists aren’t happy with their record label contracts, what’s stopping them from putting out music on their own then turning to music streaming services for distribution? Well, the answer is nothing (assuming the artist is no longer under contract). Record labels are shaking in their boots. We’ve even heard that Universal Music Group is banning ‘streaming exclusives’ for its artists. Ocean’s the first to break away from a major record label and do something like this. Now the question is … Who’s next? Bey? Drake? How much longer before music labels are a thing of the past?

See Something, Say Something …

Before we all started hating EpiPen maker Mylan for it’s ridiculously high prices for the live-saving allergy treatment, actress Mellini Kantayya learned about the whole thing via her Facebook friends back in July. Kantayya launched an online petition called ‘Stop the EpiPen Price Gouging, which went viral. Then, others jumped in on the ‘social’ discussion. Robyn O’Brien, founder of AllergyKids.com, started the ‘EpiGate’ hashtag. And just like that, the #EpiGate turned into one of the biggest news stories of the summer. Never underestimate the power of social media…

THE STREETS ARE TALKIN’

Presidents and Wanna Be Presidents …

Check out this 11-minute video and President Obama’s Yosemite National Park visit in VR (formally known as virtual reality). The video is courtesy of Facebook-owned Oculus and VR content studio Felix and Paul Studios. Or skip the video and check out the President watching himself in VR.

President Barack Obama watches a virtual reality film captured during his trip to Yosemite National Park earlier this year, in the Outer Oval Office, Aug. 24, 2016. Personal aide Ferial Govashiri sits at her desk at left. (Official White House Photo by Pete Souza)

These days you gotta meet people where they are … That’s why Donald Trump and Hillary Clinton are forking over $$$ for ads on Snapchat. Video ads are where it’s at to reach America’s youth.

Cars You Drive and Those That Drive Themselves…

Somehow Uber managed to drain US $1.27 BILLION dollars in just 6 months. In Uber’s world, it’s literally a drop in the bucket. Price competition from Lyft and drivers’ subsidies are partly to blame. Speaking of Uber drivers, retirement plans are in their future (sort of). Uber’s linked up with robo-advisor Betterment to set up drivers with IRAs or Roth IRAs.

When you did it first … Singapore’s nuTonomy just became the first company to get the world’s first self-driving taxis on the road. Still in test mode but still a very big deal. Uber and Google are working on it but aren’t there yet.

Add Amazon to the automotive list. It’s launched a new hub to help those in the market for new rides compare specs, prices, and get smart before making a purchase. It’s all about building that ‘automotive community.’

How to Avoid Being Hangry …

More on Amazon … It’s taking a cue from Walmart. Shop groceries with the online retailer and then pick up your loot at a nearby drive-in location. No more wasting time by waiting for those deliveries at your door. Yay! That’s the plan at least… Amazon’s still testing things out.

Southern Global Hospitality…

It hasn’t been smooth sailing for home sharing service AirBnB as of late. It’s been dealing with some heavy subjects like racism and discrimination on the app. But, not every host on the app is a jerk. Over 300 hosts are taking in people for free that have been devastated by the natural disasters in Italy, Louisiana, and Cali. It’s all part of the company’s disaster response program. #GoodWork

Keep Me Entertained …

They say imitation is the sincerest form of flattery. First Instagram, now Apple. The iPhone maker is working on a video feature reminiscent of Snapchat.

Pandora just got a new partner, and it makes sense. The Root’s Questlove and the music streaming service are doing a lil collabo called “Questlove Supreme,” a weekly radio show. The ‘black nerd version of NPR’ kicks off on Sept. 7.

Introducing Fans.com, a social network for all things concerts.

So, North Korea’s apparently working on a Netflix-type service called ‘ManBang.’ Interesting move since a ton of North Korean citizens aren’t even allowed to access the InterWebs. Things that make you go hmmm…

So Not Entertaining …

Internet trolls truly outdid themselves this week. If you remember, not too long ago the Cincinnati Zoo had to unfortunately take down Harambe (one of its gorillas). People were outraged and started trolling not only the zoo but it’s director on social. Things got so bad, the zoo said ‘screw this, we’re out.’ It got off of social.

Things went from bad to worse when we learned that also this week, Saturday Night Live and Ghostbusters star Leslie Jones was hacked. It’s been a rollercoaster summer for the celeb who was the target of vicious racist attacks on Twitter. We thought things calmed down, but that was a mistake. Hackers got access to some explicit pics of Leslie and her passport info then posted them to her official website (complete with racial remarks). The website’s been taken down, other celebs rallied behind Leslie, and the Department of Homeland Security is investigating. #DoBetter

MAKIN’ MOVES

Tech magazine Wired is losing another exec. Mark McClusky turned in his two-week notice and will be heading back to Sports Illustrated to run its digital division.

Virtual Skinny: Inter-Webs…

Posted by The Virtual Skinny on August 23, 2016 in Internet & Tech, Newsletter 0 Comment

8.23.2016

Good to Know: Time to celebrate … The Inter-Webs turn 25 years old today! Still waiting on that quarter-life crisis.

THE SKINNY

When You’ve Turned Over a New Leaf (Sort of) …

If you’ve been following U.S. politics, then you’ve probably noticed that Republican presidential nominee Donald J. Trump is trying to do better. He’s trying to stay on script and talk more policy. Top of the list? Immigration.

When You Still Want to Build That Wall …

Trump unveiled his immigration plan last week, and it went further than just building a wall between the U.S. and Mexico. He talked a lot about “extreme vetting” for those wanting to immigrate to the U.S.

When You’re Not Sure What This Means …

‘Many people’ are wondering (see what we did there?) what this meant for H-1B work visas, which is a big deal in the tech world. It’s unclear, but Trump has said in the past that he would want to reform the H-1B program to stop ‘rampant abuse.’ He’s even called out Disney as a major culprit.

When You’re Confused…

Meanwhile, Silicon Valley and the tech world are still not feeling Trump even with his new approach. With the exception of entrepreneur Peter Thiel, even Silicon Valley Republicans are staying clear of the Donald. They’re either backing down-ticket candidates. throwing their money at Hillz, or sitting the election out all together. #InterestingTimes

WHAT ELSE IS GOING ON?

Nope, Not On My Watch …

Google, Facebook, and Twitter are not pleased with a proposal from the U.S. Department of Homeland Security (DHS). The agency thought it would be a good idea to ask foreign U.S. visitors arriving on visa waivers to voluntarily hand over their social media account info. It’s all in the name of id-ing potential terrorists. Internet companies said ‘no way Jose.’ The proposal would spell major trouble for social media and free speech generally in the U.S.of A. Not to mention, it would send the wrong message to other countries that they should do the same. #SorryNotSorry

THE STREETS ARE TALKIN’

What to do after retirement? Former Los Angeles Lakers star Kobe Bryant retired from the NBA this year. Now, he’s getting into investments. Bryant and his partner Jeff Stibel announced that they’ve launched a US $100 million venture capital fund called Bryant Stibel. They’re looking to invest in tech, media, and data companies. Not really a surprise, Bryant and Stibel have been lowkey investing in companies since 2013.

Tired of your Spotify or Pandora? Amazon’s stepping into music streaming service ring. The service is still in the works, but rumor has it that it’ll cost around US $5/ month. Oh and there’s a catch, the service will only work with Echo hardware aka ‘Alexa.’ Now that Alec Baldwin/Missy Elliott commercial is starting to make sense. #PepRally

Ride-hailing service Lyft wanted out of the biz. It tried to sell to the likes of Uber and for US $9 billion. But, Uber said “too rich for my blood” … It was willing to do $2B and not a penny more. It wasn’t just a money issue … CEO Travis Kalanick didn’t think it’d be a good idea on account of the Feds (i.e., antitrust issues).

While we’re on Uber, ICYMI, it’ll start letting real people into its self-driving cars. To be specific, it’ll start by testing out 100 Volvos in Pittsburgh, PA. But don’t worry, there’ll be a human at the wheel in case things start to go left

Daydream is no longer falling asleep beneath the flowers. It’s the name of Google’s new service for virtual reality films and programs. The company’s throwing millions of dollars at the service and at Inter-web stars for content.

MAKIN’ MOVES

Amazon Web Services former marketing vet Adam Selipsky is going to be the top guy at software company Tableau.

Dropbox CFO Vanessa Wittman is walking away from her post due to health reasons. She’ll be replaced by financial deputy Ajay Vashee in September.

Virtual Skinny: Doing the Absolute Most…

Posted by The Virtual Skinny on August 1, 2016 in Internet & Tech, Newsletter 0 Comment

8.1.2016

Good to Know: Snapchat’s geofilters aka personalized filters could be the new hashtag. All the kids are doing it …

THE SKINNY

When You Need to Do the Absolute Most…

Alphabet’s Google, Facebook, and Twitter teamed up for a three-week, experimental collabo by using online videos to counter terrorist and extremist propaganda on their platforms. The social platforms are targeting teens and young adults that use words like “sharia” and “mujahideen” in their posts.

When You Need More Information…

Islamist radicals and far-right groups’ extremist propaganda and violent content on the InterWebs play a major role in terrorism. So, Internet companies are fighting back. They want to figure out what messages work to keep the youth from becoming full-blown radicals.

When You’re Not Trying to Hear It …

Young people are saying ‘no’ to government-sponsored messages. And ‘definitely maybe’ to videos shading jihadist groups, the Taliban, and white supremacist groups. The videos are courtesy of organizations like U.S. based Average Mohamed, Pakistan’s Harakat-ut-Taleem, and ExitUSA.

When You’re Not Sure It’s Working …

Are the videos working? Hard to tell. But, starting a discussion is always a positive first step. And for the most part, the videos are getting people chatting online about the videos.

WHAT ELSE IS GOING ON?

If They Ever Did That, I Think We’d Have a Cyber-Attack …

Remember that time someone hacked the U.S. Democratic National Committee’s (DNC) emails … Russia’s name came up as the potential culprit … Then, Donald Trump looked straight into a press camera and challenged Russians to find Hillary’s missing emails but later said ‘just kidding?‘ Of course you do, that was just last week. Well, security expert Bruce Schneier thinks things could get worse. Schneier says Russia could go after the nation’s voting machines come this November. He says the U.S. needs to get its cyber-defense game in order. And apparently, Internet voting is not the answer.

THE STREETS ARE TALKIN’

Looks like maps and driverless cars are on Uber’s 2016 vision board. The ride-hailing services just dropped a cool US $500 millie on a global mapping project so it can say “bye” to Google Maps. Oh and, Uber’s packing it in … at least in China. The company’s done competing with its Chinese rival Didi Chuxing and decided that both companies need to become one in a deal worth $35 billion.

Speaking of the Googler, navigational app Waze just released a new bomb feature called Child Reminder to make sure people don’t forget their kids in the car.

Interior design app Homee didn’t make the cut on Shark Tank, but Tinder co-founder Sean Rad happened to catch its episode. Rad decided to pony up hard cash for Homee. He’s its first investor. As they say, any publicity is good publicity …

Fresh off of exposing Taylor Swift’s B.S., Kanye West has made it clear that he’s done with Apple’s B.S. too. Word on the street is Apple wants to buy music service Tidal owned by West’s bestie Jay-Z. West tweeted “Apple give Jay his check for Tidal now and stop trying to act like you Steve.” And by Apple, we think he means Tim Cook. #ShotsFired

The Rio Olympics start this Friday. But if you’ve been paying attention, you know that many people (including athletes) will be skipping it on account of Brazil’s issues with Zika, its water supply, and general turmoil. Even if you won’t be in Brazil, Google’s is bringing the favela (aka slum) experience to you via Street View.

One more thing about the Olympics … Those that are going have much to complain about including an ‘uninhabitable’ Olympic Village and maybe even worse no access to Pokemon Go. #Messy

MAKING MOVES …

In the wake of the Verizon-Yahoo deal announcement, Verizon’s Marni Walden and AOL head Tim Armstrong got together at Yahoo’s Sunnyvale, CA HQ. The message to Yahoo employees was positive, but everyone’s well aware there’ll be issues joining both companies. A new company structure and potential unforeseen costs to name a couple.

Founder of CODE2040 Laura Weidman Powers is headed to Washington. For six months, she’ll be taking on the role as senior policy adviser to U.S. Chief Technology Officer Megan Smith. Diversity and inclusion in tech and entrepreneurship generally are at the top of her “to-do” list.

Facebook’s Chief Operating Officer Sheryl Sandberg is writing a second book tentatively called “Option B.” It’ll be about resilience. Sandberg has had to show quite a bit of it after the tragic and untimely passing of her husband last year.

Virtual Skinny: Pokemon Go To The Polls…

Posted by The Virtual Skinny on July 18, 2016 in Internet & Tech, Newsletter 0 Comment

7.18.2016

Good to Know: Hillary Clinton had jokes at a campaign rally in Virginia. She dropped this doozy on the crowd, “I don’t know who created ‘Pokemon Go’ … But, I try to figure out how we get them to have Poke-mon Go-To-The-Polls.” Good one, Hillz! Don’t worry. Google’s got you. Search “register to vote,” and Google will make things easy by returning details on the process, requirements, and deadlines to register.

THE SKINNY

When Chaos Ensues …

As if the world isn’t already a crazy place, part of Turkey’s military took it up a notch late last week and had plans to overtake the country’s current government.

When You’re Old School…

Turns out that faction of the military botched the whole operation. How? Well, they took an old school approach involving shutting down roads, trying to take over parliament, and attempting to capture President Recep Tayyip Erdogan. They also ‘tried it’ by taking over traditional media outlets (e.g., the country’s state-run television).

When You Forget About The Other Options …

Turns out the military forgot about this little thing called social media. But who can blame them? Turkey’s aversion to social media is well-documented as it’s tried to block citizens’ access to social media in the past. But, in a fantastically ironic move, President Erdogan reached the masses by tweeting and updating his Facebook status. He even had his people communicating via WhatsApp and addressed the nation via FaceTime. He encouraged citizens to take to the streets and fight back. The coup failed; but unfortunately, 294 people lost their lives.

WHAT ELSE IS GOING ON?

When People Are Giving You #SideEye …

Last week, Facebook (FB) put out numbers on how it’s doing in the diversity department. Well, the company still tilts heavily towards white and Asian employees (52 percent and 38 percent, respectively). #Shocker #NotReally The company’s head of global diversity pulled a “what had happened was” and blamed FB’s lack of progress on the public school system. Basically, FB is sticking to the “pipeline” story since computer science isn’t a required class in many public high schools. But, people aren’t buying what FB is selling. Silicon Valley vet and director of engineering at Slack Leslie Miley is calling B.S. Well, his exact words were that FB’s story is “f*@#% insulting.” Miley says all FB can simply change up its recruitment process.

When Your Bounceback Game Is Strong like pokemon…

Thinking of launching a startup? Don’t give up. Venture capitalists are still doling out dolla dolla bills to back certain companies, but you’ve just gotta meet a higher standard these days. Investors shelled out $15.3 billion to startups between April and May of this year. Looks like software companies are investors new faves. ProTip: Don’t describe your upstart as the ‘Uber or Facebook’ of pretty much anything.

THE STREETS ARE TALKIN’

Yahoo’s CEO Marissa Mayer is likely on her way out. She’s allegedly not making key decisions when it comes to selling the company. If and when she does leave, it’ll cost the company a pretty penny.

The Bumble dating app let’s women make the first move in a world of swiping left or right, but ‘Ohlala’ is allowing women to make a bit of change for a night out. The German app is all about “instant paid dating.” Some say it’s the “Uber for escorts” while others says it’s the “TaskRabbit for emotional labor.” #TomatoTomahto …

The #KimExposesTaylorParty kicked off last night on Twitter. Then, T-Swift cried over spilt tea. Wildly entertaining, but it calmed down just in time for us to get serious on #NelsonMandelaDay. In honor of the day, tell us: What would you do to change the world?

Virtual Skinny: Cheers!

Posted by The Virtual Skinny on June 3, 2016 in Internet & Tech, Newsletter 0 Comment

6.3.2016

Good to Know: Cheers to the weekend! If you’re a basketball fan, you’re going to want to know this. The NBA just rolled out a chatbot via Facebook Messenger to keep you current on what’s going on during this year’s finals match up between Lebron and Steph.

THE SKINNY

When You’re The New Target …

First, Pandora. Then Spotify. Now YouTube.

When You’re Not In The Money…

The music industry has zeroed in on YouTube because even though everyone and their moms constantly stream music videos on the platform, artists aren’t seeing those streams translating into dolla dolla bills. In other words, they’re seeing less direct income from YouTube in comparison to the niche vinyl records market.

When You’re Doing The Best You Can …

YouTube says it’s doing what it needs to do to pay artists. In the past decade, the platform has shelled out about US $3 billion to artists across the globe. And, the platform has rolled out new services and features to get people paid (i.e., subscription service YouTube Red and Content ID). And, YouTube is renegotiating music licenses contracts with record labels.

When It’s Just Not Enough …

The music industry wants more to be done so it’s calling on the United States Congress to change the current copyright law, namely the Digital Millennium Copyright Act (DMCA). The DMCA basically protects YouTube and other platforms that host third-party content if they follow certain requirements. Click here to learn more about the DMCA. The music industry says that the current DMCA is no bueno because it allows the YouTubes of the world to host illegal content. Even if the platforms take down unauthorized works, it’ll just pop up again when another user posts it to the site. The industry is pulling out all the stops and got big name artists like Katy Perry, Pharrell Williams, and Billy Joel to sign letters asking for changes to the law.

When You Can’t Take It Too Far …

The DMCA applies to more sites than just the YouTubes of the world. We’re talking blogs, fan sites, etc. So, everyone’s gotta be careful with what they ask for when it comes to changing the law. Also, you should know that the problem isn’t just in the U.S. The European Union is in the middle of changing their copyright laws, and EU reps want YouTube to pay artists more money. Oy!

WHAT ELSE IS GOING ON?

Getting Ready to Rumble Over the Valley …

This week, the chair of Hillary Clinton’s campaign, John Podesta, made it clear that Hillary is working hard to win over the tech community. While gaining the tech community’s support is a work in progress, Podesta says the current list of Hillary’s tech supporters is impressive. He says we’ll find out whose on the list soon enough. Meanwhile, Intel’s CEO Brian Krzanich just backed out of hosting a fundraiser for Republican presidential candidate Donald Trump. Trump will be hosting a rally in San Jose, CA tonight.

THE STREETS ARE TALKIN’

Uber and Lyft want to bring your Walmart groceries right to your door. They’re teaming up with the retailer for a grocery delivery service. The partnership is in test mode, and the cities of Denver and Phoenix are up first.

Internet platforms are all about giving users control. Facebook’s taking that mission to heart with the latest experiment with its Safety Check feature. Instead of letting its staff launch the feature during times of crises, FB wants to give users control to let their friends and fam know that they are A-OK.

More people are using Snapchat on a daily basis than Twitter. That’s Snapchat’s 150 million active users in comparison to Twitter’s less than 140 million.

Twitter may be planning a Golden State Warriors-style comeback. Word on the street is that microblogging site has its eyes on Yahoo. Twitter’s instant news platform plus Yahoo’s large audience could be the perfect match to get Twitter back in the social media game. Discussions are still early.

Speaking of perfect matches, Tinder is rolling out its transgender-friendly feature next month. CEO Sean Rad said “[t]here’s a transgender community on Tinder, and we haven’t done enough to give them a good experience.”

Virtual Skinny: Anything Is Possible

Posted by The Virtual Skinny on May 25, 2016 in Internet & Tech, Newsletter 0 Comment

5.25.2016

Good to Know: Anything is possible on the Internet! Stay-at-home mom Candace Payne just wanted to have a little fun and prove that she was the proud owner of an electronic Chewbacca mask. She posted a Facebook Live video wearing the mask, and the rest is history. In no time, her video racked up over 141 million views making it the most watched video via the feature. She’s landed guest spots on late night talk shows and paid a visit to the Zuck at FB HQ.

THE SKINNY

When Something Is No Longer A Thing …

Car ownership may likely become a thing of the past. Thanks to tech companies, it’s becoming easier and cheaper to get from Point A to Point B without owning a car. Automakers can’t beat tech companies so they’re joining them.

When You Need to Get On Board …

Toyota and Volkswagen are the latest automakers to say “we want in” when it comes to how tech is disrupting the auto industry. While Toyota is teaming up with U.S. ride hailing service Uber, Volkswagen is partnering with European app Gett. Both automakers have invested heavily in each service and are trying to figure out how they’ll continue to grow in this new world of ride-hailing and self-driving cars.

When You Have A Bit More Time …

The future of auto is all about “mobility services” aka car-sharing and ride-sharing. Industry analysts say we’re not quite there yet. But in the meantime, Toyota wants to be all in on mobility (e.g., Toyota’s planning to create in-cars for Uber drivers). Volkswagen is trailing behind Toyota as it deals with its emission-cheating scandal, but the German automaker plans to release what it’s calling “Strategy 2025,” a plan for its mobility efforts, this summer.

QUICK POLL – BY THE NUMBERS

WHAT ELSE IS GOING ON?

Keeping It As Local as possible…

Ever tried to access content online only to get hit with the “this video is not available in your country” message? The formal term for that message is called “geo-blocking.” And, the European Union (EU) has had enough of it and other barriers to online shopping across its 28 Member States. So, it’s come up with a new proposal for the Netflix, Amazon, and iTunes of the world: Get more European content up on your services. At least 20 percent of each catalog to be exact. This is all according to a proposal put out by the EU this week. Only problem is Netflix and a European tech industry group DigitalEurope say that setting a quota for European content production won’t help protect local content. But instead, could hurt biz models. Meanwhile, European screenwriters and authors want even higher quotas. In a nutshell, no one is happy with the idea.

ICYMI: Peer-To-Peer (Money) Petty

Is peer-to peer money transfer app making its users petty? Check out our post on this from earlier this week, and share your Venmo petty story in the comments!

THE STREETS ARE TALKIN’

Is investor Peter Thiel for free press or not? Word on the street is that Thiel (on the low) bankrolled Hulk Hogan’s lawsuit against media company Gawker. Hogan beat Gawker and was awarded US $140 million in damages. Thiel has history with Gawker. The company publicly outed Thiel in a piece called “Peter Thiel is Totally Gay, People.” We’ll let you draw your own conclusions.

Twitter is planning to ditch its 140-character word limit. Also, tagging people in replies, adding pics, GIFS, or video won’t count towards the tweet limit. Times are ah-changing …

French investigators paid a visit to Google’s Paris office over tax payments. France is claiming the Google machine owes it 1.6 billion euros (US $1.79 billion) in back taxes.

The level of FitBit’s accuracy depends on who you ask. Studies have shown mixed results in whether the wearable devices are accurate in tracking users’ activity.

Virtual Skinny: Extra, Extra…Read All About It

Posted by The Virtual Skinny on May 10, 2016 in Internet & Tech, Newsletter 0 Comment

5.10.2016

Good to Know: Is Apple being a little extra? Now may be a good time to back your media all the way up. Otherwise, Apple can and will delete files from your internal hard drive. The files are downloaded to Apple’s database and served back to you when you want to take a listen. It’s all in the iTunes Terms of Use.

THE SKINNY

When Shots Have Been Fired …

Gizmodo just went after the Facebook News curating process. Last week, Gizmodo sounded off on Facebook’s trending news team. Think young journalists groomed by Ivy League schools or private East coast universities.

When A Week Makes A Difference …

This week, Gizmodo went all the way in on Facebook News. The news outlet chatted with a former member of the social media’s trending news team, and the person described the curating process in one word – bias. The anonymous source, who happens to be conservative, piped up and said that most team members lean left on the political spectrum. So naturally, conservative news stories were hard to come by on Facebook news.

When It Doesn’t End There …

The source had things to say about management too. Facebook says its trending topics are based on algorithms that pick up on what people care about on the platform. The source says not so much. As FB tries to compete with Twitter, the source says management would often tell the team to “inject” news stories that weren’t trending at all on FB but were covered by major news publications like CNN, New York Times, BBC, etc (e.g., Black Lives Matter, disappearance of Malaysian Airline MH 370, Charlie Hebdo attacks, etc.) . Oh, and if news about FB popped up, the person claims they were told to keep it moving unless they got approval to include it.

When You’ve Gotta Respond …

FB is denying everything. It put out a statement saying there are rules in place “to ensure consistency and neutrality” with its Trending Topics section. A spokesperson said it also doesn’t suppress political viewpoints. Now, the U.S. Senate Commerce Committee that oversees media and consumer issues is like “Facebook, what’s good?” It’s fired off a letter to FB about its practices.

WHAT ELSE IS GOING ON?

Reclaiming “Basic…”

If you’re known to go off in the comments section on Reddit, you may want to reconsider. Researchers at the University of Southern California say that the longer you comment, the more basic you sound. Apparently any more than an hour, and you run the risk of your posts being “shorter” and “less sophisticated.” They study is specific to Reddit so no word yet on how this goes on Facebook or Twitter.

QUICK POLL – BY THE NUMBERS

Take our poll! Let us know what you think!

THE STREETS ARE TALKIN’

Ripple.co is a new app that says it’s for local journalists and storytellers.

Content publishers want a piece of that Snapchat action. They’re allegedly ponying up some “Benjamins” to get a spot on the app’s Discover feature. Snapchat’s being mum on this.

Uber and Lyft said “nah nah nah, nah nah nah, hey hey hey, goodbye” to Austin, Texas. Residents voted against Proposition 1, which was intended to do dial back on some regulatory protections the city put in place last December (2015). Turns out Austin residents do want fingerprint-based background checks for Uber and Lyft drivers. Residents also weren’t feeling the $8.6 million marketing campaign the companies pushed to do away with the regulations. Uber and Lyft say they already use legit background check services and fingerprints aren’t reliable. So for now, they’re done with Austin.

If you build it, they will come. Amazon’s created a new service called Video Direct to go head-to-head with YouTube. Amazon wants content creators to upload their works for its Amazon Prime audience.

Virtual Skinny Podcast Episode 1: What Do You Mean You’re Nervous?

Posted by The Virtual Skinny on May 10, 2016 in Podcast 0 Comment

It’s here! Last week, we taped our very first episode. We covered topics from the U.S 2016 election cycle, Snapchat “ballot selfies,” dating apps and the election, music streaming, and more. Check out the full episode! Let us know what you think in the comments!

Virtual Skinny FinTech Ed: Trending …

Posted by The Virtual Skinny on May 4, 2016 in FinTech Edition, Newsletter 0 Comment

5.4.2016

Good to Know: Dr. Craig Wright was trending on social media earlier this week. The Australian entrepreneur claims that his alias is Satoshi Nakamoto, creator of virtual currency bitcoin. Some people are giving him major side eye, but he allegedly has “extraordinary proof.” Apparently, he’s got receipts.

THE SKINNY

When You’ve Moved Onto Something Else …

Dr. Craig Wright had the Interwebs abuzz. But at this week’s Consensus 2016 conference in New York City, execs said yawn. Newsflash: They don’t care about bitcoin.

When You’re TRENDING…

Bitcoin is out. But, the blockchain (bitcoin’s underlying technology aka a huge public ledger that records all bitcoin transactions) is in.

When You’re Not Sure What To Do …

For now, bitcoin as a virtual currency is the only application that works across the globe via the blockchain. But, we could see other applications popping up as fintech startups and major tech companies like IBM and Microsoft are working on different apps for the blockchain. How fast these experiments turn into something real comes down to one question: Small scale projects or moonshots? In other words, do companies want to take on a major project all at once or take their time with small-scale stuff?

When You’re Curious …

What’s the better approach? Working on small, achievable applications or taking the risk and shooting for the stars? Tell us in the comments!

WHAT ELSE IS GOING ON?

Keeping It on the D.L…

While many financial peeps gathered this week in NYC, a select group including NASDAQ, Citigroup Inc., Visa Inc., Fidelity, Fiserv Inc., Pfizer Inc., had a pow-wow on the down low back in April. Yes, there was talk of the blockchain. But, we heard that digital U.S. dollars as an alternative to virtual coins like bitcoin came up too. Fiserv Inc. even created a digital dollar for show and tell.

SPOTLIGHT

CBS 60 Minutes Lesley Stahl talked fintech on this past Sunday’s episode. She sat down with John and Patrick Collison, Irish brothers and co-founders of payments company Stripe. The whole point of the company is to allow small businesses to get their online payments from anywhere in the world hassle-free. Check it out here.

QUICK POLL – RUN THOSE NUMBERS …

Young people are into their Venmo app, and the numbers prove it. It’s grown 154 percent from last year.

THE STREETS ARE TALKIN’

Young people may heart Venmo, but the U.S. Federal Trade Commission won’t be saying “Venmo, me.” The agency, which is responsible for making sure businesses are on the up and up with their practices, is looking into the PayPal-owned, peer-to-peer payment service for “unfair and deceptive” practices. BTW, Venmo would appreciate if U.S. users stayed clear of using words like “Syria” and “Cuba” on Venmo on account of it’s still illegal to send money to those countries.

San Francisco startup Varo Inc. is building mobile banking app complete with deposit accounts, budgeting tools, and other services. For now, it’s looking to partner with banks but eventually wants to be a bank of its own. New U.S. bank these days? Don’t see that every day.

Android Pay is now an official payment options for your Uber rides.