Snapchat rolls out its end-of-year Recaps https://t.co/WEnCqqgcha ...

Social Media Ban in Australia - Australia has implemented a ban on social media for individuals under 16, potentially affecting 1 million accounts across major platforms [3] - The law requires tech companies to take measures to prevent underage account creation, facing fines up to $32 million for non-compliance [4] - A national study revealed that 96% of Australian children aged 10-15 use social media, with 70% exposed to harmful content [9] Potential Impacts and Concerns - The ban aims to protect young people from negative effects of social media, such as unrealistic body image and online bullying [6] - Critics argue the ban may infringe on constitutional rights and drive young users to unregulated platforms [8] - There are concerns about the methods tech companies may use to verify age, potentially raising privacy issues [5] Global Implications - Australia's ban is considered a potential template for other countries, with the EU also considering similar measures [9] - Malaysia is set to implement a similar ban starting January 1st, and New Zealand and Denmark are discussing it [15] - Some social media apps are implementing more restrictions for children and teens [16] Workarounds and Reactions - Young people are exploring ways to circumvent the ban, such as using VPNs or requesting adults to create accounts [12][13][14] - 77% of Australians surveyed support the ban [12]

Regulatory Landscape - Australia implements social media deactivation for individuals under 16, potentially fining platforms up to $32 million for non-compliance [1] - The regulation aims to combat toxic content and cyberbullying, addressing mental health issues among young people [2] - Global policymakers from Denmark to Brazil to Indonesia are considering similar regulations on social media for children [4] Tech Company Response - Tech companies are initiating age verification processes, including video selfies and ID submissions [3] - Tech firms argue the ban is rushed, ineffective, and may drive children to less regulated online spaces [4] Public Opinion - A poll indicated 77% of people support the ban [3] - The ban is supported by a mother whose daughter committed suicide due to social media bullying [4]

Australia is set to enact policy that required social media companies, including TikTok and Instagram, to block under sixteens from holding accounts or face fines of up to $33 million. Joining us now is Terry Floo, professor of Digital Communication and culture at the University of Sydney. Professor, good to see you.So we are going to unpack, I guess, for and against arguments for such a social media ban. But talk to us first how we got here after, what, three decades of mostly an unregulated Internet. I th ...

Product Update - Snapchat launches 'Topic Chats' for public conversations [1]

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What was it that made you say I need to drop out. Like I need to do this. >> I I was standing in the back of this machining class and I at that time we we were signed the documents.We were waiting for our venture investors Lightseed to fund and I was refreshing the Wells Fargo app in the back of the class, saw the $485,000 hit, walked up to my teacher Craig and just said, "You know what? I'm so sorry. I'm going to have to drop this class." But I went back and finished that class with Craig many years later. ...

Core Insights - Snapchat and KANTAR released the first "Top 50 Favorite Chinese Global Brands Among Gen Z" list, highlighting Tencent Games, Xiaomi, and SHEIN as the top three brands [1][2] - The report emphasizes the shift in Chinese brands' goals from sales growth to building cross-cultural, sustainable, and reputable global brands [2][3] Industry Overview - Gen Z accounts for approximately 25% of the global population, with a projected consumption scale of $9.8 trillion by 2025, expected to grow to $12.6 trillion by 2030 [2][3] - The report identifies key industries for Chinese brands, including 3C, gaming, e-commerce, and electric vehicles (EV), focusing on their appeal to Gen Z consumers [3][4] Brand Evaluation - The "Top 50" list was created using KANTAR's MDS model, evaluating brands based on "meaningfulness," "differentiation," and "engagement," with over 4,000 Gen Z consumers surveyed across Europe, the Middle East, and North America [3][5] - The top ten brands include 50% from the 3C sector, with Tencent Games, Xiaomi, and SHEIN leading the rankings [3][4] Sector-Specific Insights - **3C Sector**: Xiaomi, Huawei, and Hisense are recognized for their high cost-performance ratio and innovative technology, appealing to global young consumers [3][4] - **Gaming Sector**: Tencent Games, miHoYo, and DianDian Interactive leverage strong IP capabilities and local cultural integration to connect with Gen Z [3][4] - **E-commerce Sector**: SHEIN, AliExpress, and SHEGLAM utilize video-driven personalized content and AR technology to enhance user engagement [3][4] - **EV Sector**: BYD, Chery, and Geely focus on digital connectivity and social responsibility to resonate with Gen Z values [3][4] Engagement Strategies - Snapchat serves as a key platform for connecting Chinese brands with global Gen Z, emphasizing the importance of meaningful interactions in areas of interest [5][6] - The platform boasts 9.32 billion monthly active users, with 94% of users being Gen Z and Millennials, facilitating effective brand communication [6][7] Advertising Solutions - Snapchat offers comprehensive advertising solutions to help brands engage with users throughout the customer journey, from conversion to retention [7] - The platform has successfully collaborated with various brands in the 3C, gaming, e-commerce, and automotive sectors to establish valuable connections with Gen Z [7]

Snapchat is expanding access to its AI-powered “Imagine Lens,” allowing all users to generate and edit images with custom prompts for free. https://t.co/4GyyDHe5vN ...

AWS said in a status update on Monday just before 4 p.m. EDT that all of its services had "returned to normal operations" after much-used sites like Shapchat, Canva, Venmo, Coinbase, Ring doorbell cameras, Roblox and Fortnite were affected throughout the day Monday. https://t.co/JuW71txkQu ...