Facebook Inc (NASDAQ:FB) Lifestage App

Facebook Inc (NASDAQ:FB) Lifestage App

Facebook Inc (NASDAQ:FB) Lifestage App

Candlestick Alert

A black body occurred (because prices closed lower than they opened).

During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 23 white candles and 27 black candles for a net of 4 black candles.

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Facebook Inc (NASDAQ:FB) took direct aim at Snapchat, with the release of a new app that allows people to watch clips about the lives of their fiends.

The app, called Lifestage, was released with no fanfare, and is available for anyone to download although seeing profiles of other users is reserved for those 21 years of age or younger.

The social network allows users to make video clips to describe likes, peeves, dance styles, and other aspects of their character.

Those clips are woven together to serve as public profiles that can be viewed by other Lifestage members, provided they are young enough.

A tool in the app lets users block and report older folks.

“Lifestage makes it easy and fun to share a visual profile of who you are with your school network,” the app’s iTunes store description says.

Once enough students at any given school are on the app, it becomes “unlocked.”

“Once your school is unlocked, you can access the profiles of others in your school community (and all over!) so you can get to know people better in your school and nearby schools,” the description said.

Lifestage users are invited to share video snippets whenever they wish.

The app comes as a challenge to Snapchat, the vanishing message service that became a hit with teenagers and which lets members share pictures and video clips.

Lifestage was seen by some as an effort by Facebook to stay connected to young internet users disinclined to take part in the leading social network.

Earlier this month, Instagram put its own spin on a key Snapchat feature by letting users post “Stories” that eventually vanish from the Facebook-owned photo-and video-sharing app.

Instagram Stories encourages people to share ephemeral collages of everyday moments on the app which has built a reputation for allowing people to post highlights from their lives or artistic works.

The following two tabs change content below.
Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Latest posts by Shayne Heffernan (see all)

You must be logged in to post comments :  
CONNECT WITH