The average smartphone user spends 2 hours and 20 minutes a day or 70 hours on social media apps every month and 55% of the population, or 4.88 billion people, have social media accounts. It is the most popular type of internet service, responsible for hundreds of billions of interactions every day. In the late 1990s, as the internet was moving to web 2.0 stage, several online messaging and social networks launched with new multimedia services, propelling them to new levels of popularity. Liv...| Business of Apps
A bit of an unconventional name for a social app but one that fits with the main function of Gas, the act of “gassing” friends or crushes through polls and giving them compliments. Targeted at high school teenagers and only available in a select few states in America and Canada, the app creates polls such as “Who should DJ at every party?” or “Who do you secretly admire?” with the name of four people at the school. The names can be shuffled or skipped, which provides the user with...| Business of Apps
Pinterest is an image search platform, which functions somewhat like an online mood board. Users pin images they like to boards. Images are uploaded by users, and can then be re-pinned by others. Pinterest was launched by Ben Silbermann, Paul Sciarra and Evan Sharp in 2010. Silbermann had previously worked in the advertising department at Google. Prior to Pinterest, Silbermann and Sciarra launched an app called Tote, which failed to gain traction. Launched on March 2010 to family and friends,...| Business of Apps
With the apparent self-implosion at Twitter, Instagram-parent Meta launched into the microblogging scene with Threads. Aimed at users and advertisers fed up with Twitter’s handling following the Musk takeover, it made a large splash in the first week with over 100 million sign-ups. This was helped along by Twitter announcing it had temporarily limited the amount of tweets users could view in one day. Threads works in a similar way to Twitter, where a mix of short posts from accounts followe...| Business of Apps
Facebook probably needs no introduction; nonetheless, here is a quick history of the company. The world’s biggest and most-famous social network was launched by Mark Zuckerberg while he was a student at Harvard University, in early 2004. TheFacebook, as it was then known, was originally intended to serve a digitised version of the ‘face books’ held by Harvard’s various colleges, which were paper directories containing images and personal information about students. Initially limited t...| Business of Apps
BeReal is the newest social app to make its mark, coming at a time when many were disillusioned with Instagram and its focus on algorithmic content. In 2022, it broke out in the US and UK with millions switching to the app, but has struggled to retain those users long term. Built by ex-GoPro employee Alexis Barreyat and Kévin Perreau and launched in late 2019, the basic premise of the app is to take a photo with the back and front camera at a random time each day. The impromptu nature of the...| Business of Apps
In a second attempt to be one of the first inductees of the startup incubator Y Combinator, University of Virginia roommates Steve Huffman and Alexis Ohanian built Reddit, which they labelled “the front page of the internet”. The site functionality remains much the same as it was back in 2005. Users write posts, upload photos, videos and link to other parts of the internet. To organise the content, Redditors upload to specific subreddits. If the post receives a lot of attention, it may be...| Business of Apps
TikTok, known as Douyin in its home market, was launched in China in September 2016. It quickly started to gain traction in China and parent company ByteDance launched an international version the following year. Originally launched as a short-form video sharing platform, primarily for lipsyncing and dancing videos, TikTok has grown into a fully-fledged video service, with content available for all types of viewers. ByteDance had prior experience on running wildly popular apps, as the operato...| Business of Apps
Twitter is a real-time microblogging platform, publicly launched in July 2006. At launch, its defining features were the tight limits placed on each post, known at a tweet. Originally, users could only use 140 characters, although that has been elongated over the years. Formed by former Odeo employees Jack Dorsey, Noah Glass, Evan Williams and Biz Stone, the site originally used SMS to send tweets onto the network. It received its first boost of users at SXSW 2007, when the founders showed al...| Business of Apps
