Rather than treating its women-dominated audience as an advantage that has led to solid growth, much of the reporting has framed it as rather off-putting.

Source: As Pinterest IPOs, its coverage is often pretty sexist — Quartzy

A Facebook spokesperson pointed Recode to the update and reiterated that “there is no evidence of abuse or misuse of these passwords.” But the timing of the update — again, during the release of Mueller’s report — doesn’t convey the message that Facebook cares strongly that users are aware of this issue. Facebook is under investigation by numerous government agencies, including the FTC and the DOJ, for its data collection and privacy practices. It’s unclear if issues like unencrypted password storage could play a role in those investigations, but it’s not a good look regardless for a company that is already struggling mightily with user trust.

Source: Facebook stored millions of Instagram passwords unencrypted – Recode

The “Camera company” corrected course and took back control of its destiny this week at its first ever Snap Partner Summit in its hometown of Los Angeles. Now it’s a camera platform thanks to Snap Kit. Its new Story Kit will implant Snapchat Stories into other apps later this year. They can display a more traditional carousel of your friends’ Stories, or lace them into their app in a custom format. Houseparty’s Stories carousel shares what your buddies are up to outside of the group video chat app. Tinder will let you show off your Snapchat Story alongside your photos to seduce potential matches. But the camera stays inside Snapchat, with new options to share out to these App Stories.

Source: To stop copycats, Snapchat shares itself | TechCrunch

The growth team, however, is unlikely to transform how Facebook fundamentally works. It won’t change the advertising business, which depends on garnering more of people’s attention than its rivals, and using data to target them. It is not dramatically changing the algorithms behind the newsfeed to prioritise in-depth thinking, abandoning the “like” button, or ceasing from sending notifications that pull people back. People You May Know still dredges users’ address books, Facebook still collects information about you as you travel around the web, and its methods to obtain European users’ consent under the new privacy rules are being challenged by privacy activists.

Source: How Facebook Grew Too Big to Handle – Above the Fold – Medium

We lowered our Snapchat ad revenues forecast twice because of the company’s shift to selling ads programmatically, which eroded its ad prices. Since adopting automated selling, Snapchat’s CPMs fell below $10 and have stayed there, according to Digiday. Previously, Snapchat used a managed-service ad selling model, and back in 2015, it reportedly charged brands $750,000 per day to advertise on its platform.

“Self-serve programmatic buying has expanded Snapchat’s reach to more advertisers, especially small and medium-sized businesses that can invest in ads at lower bid prices. However, moving the vast majority of their ad inventory into this lower cost structure has tempered earlier growth estimates,” said Monica Peart, senior forecasting director at eMarketer.

Source: How is Snapchat’s Advertising Business Doing? – eMarketer Trends, Forecasts & Statistics

Multi-photo posts will now often start on the second image in a series. These “photo nudges,” as I call them, seem to occur when you scroll past an image without engaging with it. Instagram’s algorithm, growing smarter every day through the data users create, reinserts these series into your feed disguised as something new by “nudging” the second image forward. Whenever this happens, Instagram’s watching eye suddenly becomes a visible presence in my experience, and an annoying one at that.

Source: Why Instagram Made Multi-Photo Posts More Annoying – OneZero