World News Insights
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Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Evan Spiegel’s Imperious Style Made Snapchat a Success—Until Users Fled

2 Groups   
WSJ - 12.23.2018 Original article ›
Georgia Wells, Maureen Farrell
LyrArc Article Gist
Snapchat CEO Spiegel's aloof management style leads to him becoming unresponsive to the views of his team. A new design fails to win customer approval and the share price of the company falls 76%. He decided to launch a redesign of the messaging site which sends photos and videos to friends as "snaps" that disappear in a few seconds- was once seen as a competitor to Facebook. He called for a redesign unexpectedly after visiting China in 2017.

Spiegel, 28, a designer, tends to push ahead based on instincts.  He ignored the pleas of his executive team for more time to do the redesign. A gut decision was made and a schedule was set that pushed an aggressive timeline, dismissing concerns of team members.

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Original article 10 minutes, gist 1 minute

Alibaba Deal Values Snapchat at $15 Billion

4 Groups   
Wall Street Journal - 03.13.2015 Original article ›
Gillian Wong, Gillian, Wong

News and Ads to Debut on Snapchat

1 Groups   
Wall Street Journal - 08.20.2014 Original article ›
Gillian Tan, Gillian, Tan, Douglas Macmillan, Douglas, Macmillan

Instagram Strikes Back at Snapchat

2 Groups   
Wall Street Journal - 12.13.2013 Original article ›
Reed Albergotti, Reed, Albergotti

Opinion | Facebook Just Shoplifted Snapchat’s Best Idea

  
New York Times - 03.08.2019 Original article ›
Kara Swisher
LyrArc Article Gist
The shift in Facebook to privacy emphasizing apps and away from public posting of status updates and photos. Snapchat was a pioneer in the field of private messaging. Data shows social media is in big trouble with the young who no longer favor public posting of photos and status updates. The privacy shift from Facebook comes not as a value shift but a shift with the data about user trends. Swisher suggests that a lot of damage was done as Facebook was incapable of handling the business it was in including threats from fake news in news feeds, making this a much needed shift, which Swisher says Snapchat and the public originally initiated not Facebook. Facebook merely followed the data about users.

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Microsoft May Test the Faith With TikTok

1 Links   
WSJ - 08.03.2020 Original article ›
Dan Gallagher
LyrArc Article Gist
Initially Microsoft will be making a large outlay for TikTok which will affect its margins as TikTok has still to be profitable. The longer the deal is put off the less value for TikTok closer to the September 15 date when the U.S.bans it completely. Tiktok is losing money on about $1 billion in revenues, so is SnapChat with double the revenue base. So that Microsoft under Nadella which is careful to in making investments of this kind needs to consider the impact on Microsoft's profitable business. Only Linked In has been a profitable acquisition for Microsoft, others Nokia, Skype and the possible acquisition of Yahoo have failed badly.

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Original article 3 minutes, gist 1 minute

Alibaba to Focus on Expansion Abroad, CEO Says

6 Groups   
Wall Street Journal - 05.15.2015 Original article ›
Carlos Tejada, Carlos, Tejada

China Buys Its Way Into Silicon Valley

3 Groups   
Wall Street Journal - 11.05.2013 Original article ›
Evelyn Rusli, Evelyn, Rusli

China's Alibaba Invests $215 Million in Startup Tango

3 Groups   
Wall Street Journal - 03.20.2014 Original article ›
Douglas Macmillan, Douglas, Macmillan
LyrArc Article Gist
Alibaba's $215 million investment in messaging service TangoMe based in Mountain View, California
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