Thursday, December 11, 2014

Instagram with the potential to change the world.



Intagram has become more powerful now with more than 300 million users. CEO Kevin Systromm, CEO of the company said that it is exciting and also claimed that the compnay would not stop to grow. Twitter has 284 million users using it's network each month. Instagram was bought by Facebook in 2012 and Facebook has 1.35 billion monthly active users.
 Newsbeat ahead of the announcement, Kevin Systrom said: "Instagram is about seeing a live pulse of the world right now, it's not just about taking a photo of a cute baby or a cute dog."
"We want to be all about authentic users and you making sure that you know you're following real people not bots, not spam accounts, not fake accounts." Mr Systrom added.

Instagram will also introduce verified accounts that has blue tick symbols used by Facebook and Twitter. Instagram is also deleting fake accounts that does not follow the rules. This may cause decrease in the number of followers of some users.Co-founder of the company provided some clues that the company would soon be adding new event based features too.

The company announced it had reached 100million active monthly users in February 2013. It even introduced advertising.  Sponsored posts allowed brands to reach the app's growing number of users.

"Early on I would review and approve every single ad before it went on," Kevin Systrom said.
"The reason why we're doing this is as a growth engine for Instagram.
"When you get to 300m users it's not cheap to run that service and you need to make sure to be able to hire more people."

It introduced direct messaging to compete with rivals WhatsApp and Snapchat.

"We're absolutely paying attention to the pitfalls companies have faced before and trying our best to avoid them."

Monday, December 8, 2014

AT&T's expansion, future seems promising.


AT&T acquired Iusacell SA and Direct TV this year in order to expand itself into mexico. AT&T has settled for more than $50 billion to buying Mexican wireless carrier Grupo Iusacell SA and DirecTV.
AT&T  is providing it's services in bundle wireless, TV and broadband services south of the U.S. border. The best part is that the Iusacell business AT&T is getting benefits as long as America Movil faces penalties.

Gregorio Tomassi, an analyst at Banco Itau BBA said,“AT&T is in no rush to buy America Movil’s assets in the short term.” He added, “America Movil is seeing the situation is becoming more difficult than they had initially thought.”

AT&T, SoftbankCorp and China Mobile Ltd were originally contacted by American Movil. It was trying yoi sell more than $17.5 billion.AT&T spokes person is not trying to say anything about Korean visit.

AT&T agreed to pay $48.5 billion for DirecTV, including its Latin American business, expanding outside the U.S. for the first time in a decade. It then agreed to buy Iusacell, Mexico’s third-largest wireless carrier, for an equity value of $1.8 billion.

There was AT&T's announcement on Nov 7 to extend their presence in Mexico to improve AT&T.

AT&T was searching for new area to operate and new business. The $176 billion U.S. phone giant has been seeking further expansion to meet increased competition and slowing wireless growth at home. Randall Stephenson, Chief Executive Officer, initially targetted Europe but shifted back to the Americas after Comcast Corp. announced plans to buy Time Warner Cable Inc.

When Mexico signed a telecommunications over haul into law, competion on telecommunication was emphasized. It forces America Movil to cut its fees and share infrastructure with its competitors because it controls seven out of 10 mobile-phone users in the country. Even without legislation, AT&T mus expand to cope with the changes in the environment.

For Stephenson, the timing and structure of America Movil’s breakup isn’t clear yet and that his phone company would be just fine without Slim’s assets.

America Movil is raised by 4.9 percent this year as of yesterday.

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