GOOG Nov 2019 1360.000 put

OPR - OPR Delayed Price. Currency in USD
157.98
0.00 (0.00%)
As of 1:48PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close157.98
Open157.98
Bid104.70
Ask109.60
Strike1,360.00
Expire Date2019-11-15
Day's Range157.98 - 157.98
Contract RangeN/A
Volume3
Open Interest14
  • Google Cuts Back on Free Storage While Prodding Users Toward Paid Cloud Subscription
    Bloomberg

    Google Cuts Back on Free Storage While Prodding Users Toward Paid Cloud Subscription

    Oct.22 -- Google has whittled down some free storage offers in recent months, while prodding more users toward a new paid cloud subscription called Google One. That’s happening as the amount of data people stash online continues to soar. Bloomberg's Alistair Barr has more on "Bloomberg Technology."

  • Is Elon Musk Right about Tesla’s Self-Driving Timeline?
    Market Realist

    Is Elon Musk Right about Tesla’s Self-Driving Timeline?

    Tesla CEO Elon Musk expects its self-driving cars to hit the road by 2020. However, Zoox CTO Jesse Levinson believes that Musk could miss this deadline.

  • Reuters

    UPDATE 1-Google claims 'quantum supremacy'; others say hold on a qubit

    Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today's most powerful supercomputer thousands of years to crack. Official confirmation of the breakthrough in quantum computing came in a paper https://www.nature.com/articles/s41586-019-1666-5#Sec4 published in science journal Nature, after weeks of controversy following the leak of a draft, over whether Google's claim of "quantum supremacy" was valid.

  • How is Cloud King Microsoft (MSFT) Geared Up for  Q1 Earnings?
    Zacks

    How is Cloud King Microsoft (MSFT) Geared Up for Q1 Earnings?

    Microsoft to report fiscal Q1 earnings after market close on Oct 23. Will the cloud business and strong outlook help it in surpassing estimates?

  • Slack Tumbles to a New Low despite Key Update
    Market Realist

    Slack Tumbles to a New Low despite Key Update

    On October 22, Slack stock fell 6.9% to end the trading day at $21.03. On the day, the stock hit its all-time low of $20.93 and then recovered slightly.

  • Google claims 'quantum supremacy'; others say hold on a qubit
    Reuters

    Google claims 'quantum supremacy'; others say hold on a qubit

    Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today's most powerful supercomputer thousands of years to crack. Official confirmation of the breakthrough in quantum computing came in a paper https://www.nature.com/articles/s41586-019-1666-5#Sec4 published in science journal Nature, after weeks of controversy following the leak of a draft, over whether Google's claim of "quantum supremacy" was valid.

  • What Are FANG Stocks, And Should You Invest In Them?
    Investor's Business Daily

    What Are FANG Stocks, And Should You Invest In Them?

    The acronym FANG refers to four high-growth internet stocks. (Sometimes they're called FAANG stocks.) Here's what investors should know about FANG stocks and why they might be worth a look.

  • Barrons.com

    The Future of Technology: 16 Predictions

    The average number of social networks per person will grow from 5.8 today to 10.2 in 2023, and other insights from the WSJ Tech Live conference.

  • Bloomberg

    Google Says Quantum Computer Beat 10,000-Year Task in Minutes

    (Bloomberg) -- Alphabet Inc.’s Google said it’s built a computer that’s reached “quantum supremacy,” performing a computation in 200 seconds that would take the fastest supercomputers about 10,000 years.The results of Google’s tests, which were conducted using a quantum chip it developed in-house, were published Wednesday in the scientific journal Nature.“This achievement is the result of years of research and the dedication of many people,” Google engineering director Hartmut Neven said in a blog post. “It’s also the beginning of a new journey: figuring out how to put this technology to work. We’re working with the research community and have open-sourced tools to enable others to work alongside us to identify new applications.”The idea behind quantum computing is to exponentially improve the processing speed and power of computers to be able to simulate large systems, driving advances in physics, chemistry and other fields. Rather than storing information in binary 0s or 1s like classical computers, quantum computers rely on “qubits”, which can be both 0 and 1 simultaneously, dramatically increasing the amount of information that can be encoded.But, much like advancements in artificial intelligence, there’s a lot of debate about what constitutes a real breakthrough. Researchers at International Business Machines Corp. said in a blog this week that a simulation of the same task Google used could be done in 2.5 days on a classical computer with enough hard drive storage, not 10,000 years. If quantum supremacy means doing something classical computers can’t, this isn’t it, they wrote.While the world’s biggest tech companies are racing to develop a quantum computer that passes the scrutiny of academics, some products are commercially available already. In 2011, Canada’s D-Wave Systems Inc. became the first company to sell such a product to businesses and government labs, although unlike machines being built by rivals, its usefulness is limited as the hardware can’t solve any kind of mathematical problem.A number of other companies -- including IBM, Google, Microsoft Corp., and California-based startup Rigetti Computing -- are pushing to create more powerful machines that businesses can use. They’ve also made some of their technology available for researchers to experiment with via the internet.To contact the reporter on this story: Amy Thomson in London at athomson6@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Nate Lanxon, Peter ChapmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Antitrust fears muted as Amazon, Apple, Google and Facebook approach earnings
    MarketWatch

    Antitrust fears muted as Amazon, Apple, Google and Facebook approach earnings

    For nearly five months, the predominant story line in Big Tech has been its skirmishes with antitrust regulators and their escalating investigations. And for nearly five months, investors haven’t blinked.

  • Barrons.com

    Microsoft Reports Earnings Today, and Expectations Are High

    One analyst just crowned the company “King of Cloud,” but others are starting to question the stock’s valuation.

  • Google touts quantum computing milestone
    MarketWatch

    Google touts quantum computing milestone

    Google said it has achieved a breakthrough in quantum computing research, saying an experimental quantum processor has completed a calculation in just a few minutes that would take a traditional supercomputer thousands of years.

  • Barrons.com

    Comcast Reports Earnings Tomorrow. Here’s What to Expect.

    Investors will be focused on the growth of Comcast’s Xfinity broadband internet business, which has formed a key part of many bullish analysts’ theses on the company.

  • MarketWatch

    Google says it's made a breakthrough in quantum computing

    Alphabet's Google said it's made a breakthrough in quantum computing, known as quantum supremacy. In a blog post, Google said it's developed a new 54-qubit processor that performed a target computation in 200 seconds, which would take the world's fastest supercomputer 10,000 years to produce a similar output. Naturepublished a paper on Google's achievement.

  • Barrons.com

    Microsoft Reports Earnings Late Wednesday. Here’s How to Profit No Matter What Happens.

    The tech giant is up some 34% this year, making its imminent release of fiscal-first-quarter earnings a critical data point.

  • Benzinga

    More US State Attorneys General Join Facebook Antitrust Probe

    A total of 47 state attorneys general in the United States have now joined the antitrust probe involving accusations that social media giant Facebook Inc  (NASDAQ: FB ) risked consumer data and inflated ...

  • Adam Neumann’s Era of Excess and Eccentricity Is Over at WeWork
    Bloomberg

    Adam Neumann’s Era of Excess and Eccentricity Is Over at WeWork

    (Bloomberg) -- It was just weeks ago that Adam Neumann was running one of the world’s most valuable startups. As chief executive officer of WeWork, he was on the verge of an initial public offering of a venture once valued at $47 billion.Today, in a remarkable fall from grace, the office-sharing company that he co-founded in 2010, the one he promised would elevate the world’s consciousness, is no longer his.SoftBank Group Corp., the company’s largest investor, unveiled Wednesday in Tokyo a multibillion-dollar rescue package that nets it 80% of WeWork, part of a desperately needed lifeline. It brings an end to an era marked by lavish spending and self-dealing that deepened the company’s losses and eroded investors’ faith in Neumann’s ability to lead. Even with the capital infusion and new ownership, it also leaves WeWork beset by woes that include sagging morale, landlord unrest and tens of billions of dollars in rent payments.“Obviously the biggest challenge is just steadying the ship,” said Duncan Clark, chairman of BDA China, an advisory firm. “Can the company remain solvent? It’s a race against time to trim costs, sell assets, change culture.”The rescue package is personally humbling for the 40-year-old Neumann, a natural showman with a penchant for speaking in grandiose terms about changing the world while doling out shots of tequila in the workplace. But it’s also poised to make him a very rich man.Read more: WeWork Taps ‘Adult in Room,’ Ex-Amazon Exec to Replace NeumannIn an unusual deal that is almost certain to spark the ire of WeWork staffers being dismissed by the thousands, Neumann will walk away with as much as $1.2 billion as well as a $500 million credit line from SoftBank, after it pushed him out as chief executive officer last month. He’ll remain as a board observer and can assign two board seats upon repayment of the drawn amount of his outstanding credit line, which is currently about $395 million, said a person with knowledge of the matter.The deal gives WeWork a second chance at least in the short-term. SoftBank will soon provide WeWork with $1.5 billion, accelerating a financing agreement that was originally scheduled for April. SoftBank is also organizing a $5 billion debt package, which will include contributions from SoftBank itself, Mizuho Financial Group Inc. and other lenders.Emblematic of high-flying, growth-at-all-costs unicorns, WeWork’s never made a penny in profits, losing $900 million in the first half of this year. Burning through cash since its inception, it faced a crunch that could have left the company short of funds as soon as next month. Much of that binge stems from Neumann, a fierce and unpredictable negotiator unafraid of spending his way to growth: In the past nine years, WeWork has opened 425 office locations in 36 countries, become Manhattan’s biggest tenant, and upended the stodgy world of commercial real estate.Serious questions remain about its business model of renting and renovating office space that it leases to individuals and companies. That strategy has made it the biggest private office tenant in cities like New York and London. But it’s also left it in a precarious position. It has some $47 billion of future rent payments due and some $1 billion in renovation costs.Landlords and tenants have become cautious when dealing with the firm. Google has walked away from a potential Toronto lease and landlords are reaching out to WeWork rivals to see if they will take over WeWork leases or buildings if it becomes necessary.SoftBank also must grapple with reducing costs including a workforce of more than 12,000 people that had grown bloated under Neumann. WeWork already plans to lay off 2,000 people and sell some non-core businesses.Even as it reduces the workforce, SoftBank will also need to deal with growing dissatisfaction among employees, some of whom have worked for years in anticipation of an initial public offering that never materialized. At least five C-level executives have headed for the exits in recent weeks, and some staffers, unsure of their fate, stopped reporting for duty altogether, people familiar with the situation said last week.As part of the package, SoftBank executive, Marcelo Claure, will take over as chairman of WeWork’s board. WeWork appointed Artie Minson and Sebastian Gunningham as co-CEOs last month after investors pushed back against the IPO.Even before the bailout, the Japanese conglomerate had committed more than $10 billion to the company. As its estimated valuation cratered, WeWork last month ousted Neumann as CEO and, eventually, pulled its IPO in the face of investors who balked at its losses and corporate governance.The debacle has been an embarrassment for SoftBank. It valued WeWork at $47 billion as recently as the start of the year. Already, SoftBank has invested more than WeWork is estimated to be worth without its latest capital infusion-- about $8 billion.Under the deal, Neumann is allowed to sell a little under $1 billion of stock to the Japanese conglomerate, said people familiar with the matter. Neumann currently owns 22% of WeWork. It couldn’t immediately be learned what his stake will fall to after any sale to SoftBank. He will also get a roughly $185 million consulting fee.SoftBank and JPMorgan declined to comment. WeWork couldn’t immediately be reached.SoftBank’s stock purchase from Neumann is part of a broader offer to buy as much as $3 billion from existing shareholders. The $500 million credit line for Neumann will be secured by some of his stock. And a $500 million loan to Neumann extended by JPMorgan, UBS and Credit Suisse will be repaid, one of the people said.When Neumann stepped down from the CEO role, it triggered terms of the loan that would have put him in technical default, according to a person familiar with the matter.JPMorgan had been pitching a $5 billion debt package for WeWork. Last week, the company had been leaning toward the bank’s plan over SoftBank’s, because it wouldn’t dilute existing shareholders or force the startup to cede control.But disagreements over the company’s valuation -- JPMorgan’s plan had pegged WeWork about $5 billion -- pushed the company toward SoftBank, which was willing to increase its equity stake and provide a payout to Neumann, according to a person familiar with the situation.For his part, SoftBank chief Masayoshi Son is showing signs of contrition for the role he played in inflating WeWork’s valuation. On a call Monday, Son apologized to investors in the first Vision Fund, which injected capital into WeWork at a valuation of north of $21 billion in 2017, according to a person briefed on the matter.(Updates with details of Neumann’s debt in the sixth paragraph.)\--With assistance from Candy Cheng.To contact the reporters on this story: Gillian Tan in New York at gtan129@bloomberg.net;Michelle F. Davis in New York at mdavis194@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Larry ReibsteinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bloomberg

    Facebook Commits $1 Billion to Ease Bay Area Housing Crisis

    (Bloomberg) -- Facebook Inc. is following other tech titans like Microsoft Corp. and Google, pledging to use its deep pockets to ease the affordable housing shortage in West Coast cities.The social media giant said Tuesday that it would commit $1 billion over the next decade to address the crisis in the San Francisco Bay Area, building as many as 20,000 new homes that are accessible to teachers, nurses, first responders and other essential workers. A quarter of the funds are earmarked for a partnership with California to construct housing on state-owned land in areas where there aren’t enough residences.“State government cannot solve housing affordability alone, we need others to join Facebook in stepping up,” California Governor Gavin Newsom said in the statement. “Progress requires partnership with the private sector and philanthropy to change the status quo and address the cost crisis our state is facing.”Newsom, who campaigned last year with the promise of building 3.5 million homes in the state to ease the shortage, has been under pressure to deliver. This month, he signed legislation that’s intended to curb rent growth. But he’s made clear that the state won’t be able to solve its problem without building many more new homes. Recent data suggests that permits for new construction have fallen this year, calling into question whether the state will be able to make progress.While researchers have said there are other barriers to construction in California, the success of Facebook and other technology companies has contributed to soaring housing costs in the San Francisco Bay Area and greater Seattle, where Microsoft is based. The firms employ tens of thousands of high earners who have bought or rented homes, leaving fewer options for poor and middle-income residents. San Mateo County, which includes Facebook’s headquarters in Menlo Park, added more than 13 jobs for every new unit of housing between 2010 and 2015, according to an analysis by Up for Growth, a group that advocates for more construction.That imbalance has contributed to a backlash against tech firms at the same time they’re facing tough questions about their market power, their role in spreading disinformation and their approach to user privacy. Facebook Chief Executive Mark Zuckerberg is set to appear for a public hearing before the House Financial Services Committee on Wednesday in Washington. That committee, run by Maxine Waters, a Democrat from California, oversees housing and urban development issues.“A company like Facebook wants to build all the good will that it can, and this is certainly one way to do it,” said Margaret O’Mara, a University of Washington history professor and author of “The Code: Silicon Valley and the Remaking of America.” “I’m glad that big tech companies are stepping up to address the problem, but it’s going to require much more than this.”The pledge was announced Tuesday, in part because it took time to work out details of the partnership with the state, said Menka Sethi, the company’s director of location strategy. Other pieces of the commitment -- such as a $25 million investment in teacher housing in Silicon Valley -- were previously disclosed or build on prior efforts.Facebook said that $150 million, for instance, would go toward an affordable housing fund set up by the Partnership for the Bay’s Future, an organization backed by Zuckerberg and his wife Priscilla Chan that was unveiled earlier this year. Another $350 million will serve as “additional commitments” that will be allotted to efforts that are deemed effective in the Bay Area or elsewhere where the company does business. The final $225 million is related to land that the company previously purchased and has zoned for housing.That’s similar to what Google is pursuing with the lion’s share of its own $1 billion pledge to build housing in the Bay Area, which was announced in June. Microsoft led the pack with a $500 million commitment to Seattle-area housing in January.Facebook’s Sethi emphasized that her company is also interested in changing policy and partnering with the public and private sector on the issue, so that California can start producing the 3.5 million homes it needs.“The funding alone is not going to get the job done,” she said.(Updates with executive’s comment starting in eighth paragraph)\--With assistance from Kurt Wagner.To contact the reporter on this story: Noah Buhayar in Seattle at nbuhayar@bloomberg.netTo contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Dan Reichl, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Exclusive: U.S. states plan Google antitrust meeting next month in Colorado - sources
    Reuters

    Exclusive: U.S. states plan Google antitrust meeting next month in Colorado - sources

    U.S. state attorneys general probing Alphabet's Google plan to meet next month in Colorado to discuss a probe into whether the search giant's business practices break antitrust law, according to three sources knowledgeable about the meeting. The meeting, which is being planned for Nov. 11, would be similar to a gathering this week in New York where state and federal enforcers from the Justice Department and Federal Trade Commission discussed their probe of Facebook, according to one of the sources. The investigation of Google appears to be well underway since Texas sent the search and advertising giant a subpoena asking for information about its ad business.

  • Snap Beats Sales, User Estimates; Shares Fall on Tepid Outlook
    Bloomberg

    Snap Beats Sales, User Estimates; Shares Fall on Tepid Outlook

    (Bloomberg) -- Snap Inc.’s revenue and user growth beat analysts’ estimates in the third quarter, boosted by an increase in downloads of the revamped Android version of its mobile app. A tepid forecast for the current period, combined with a strong runup in the stock price this year, sent the shares lower in late trading.The company reported a 13% quarterly jump in daily active users for its Snapchat application, to 210 million, beating the 206 million average estimate of analysts surveyed by Bloomberg. Third-quarter sales jumped 50% to $446 million, compared with the $437.9 million projected by Wall Street.Snapchat, which lets people send video and picture messages that disappear and offers popular photo filters, seems to have mostly recovered from a rocky performance after its 2017 initial public offering. It has weathered executive departures, user defections and tough competition from Facebook Inc.’s Instagram. The company has been working toward reducing expenses, helping narrow the net loss in the recent period to $227 million, or 16 cents a share. Analysts had projected $262.3 million.But the positive results were overshadowed by Snap’s revenue outlook for the fourth quarter, which at the midpoint came in below analysts’ expectations. Even after three quarters of beating Wall Street’s projections, the forecast signaled that Snap’s growth is still a work in progress.The company has improved Snapchat’s performance, especially on Android phones, and increased the amount of fun and creative tools for the app, including social games and filters that allow people to manipulate their faces into cartoon characters. That’s led users to open it 30 times a day on average, according to Chief Executive Officer Evan Spiegel. Previously, the Android version of the app was buggy and slow, making it difficult for Snapchat to grow in important markets where Android is dominant -- outside the U.S. and Europe. Following the long process of rebuilding the app, the new Android version was finally released to all users earlier this year.Now, advertisers are slowly looking to Snapchat as an alternative to the technology industry’s much larger platforms.“Google and Facebook dominate mobile advertising, but there is plenty of room for other winners as mobile time spent continues to scale,” said Rich Greenfield, an analyst at Lightshed Partners. “Our conviction in Snapchat’s recovery has grown meaningfully over the course of 2019, as we hear positive first-hand feedback from advertising clients.”Snapchat still needs to win over advertisers in Android-heavy countries, where most of its growth is. Snap said it expects 214 million to 215 million daily average users in the fourth quarter, helping the company generate revenue of $540 million to $560 million. Analysts on average expected $557 million in sales this quarter.Snap shares fell 1.4% in extended trading, after earlier closing down 4% at $14. The shares have more than doubled so far this year, but aren’t yet higher than their $17 IPO price in 2017.Santa Monica, California-based Snapchat has become a poster child for Facebook’s competitive hold on the social-media market. Facebook and its photo-sharing app Instagram have repeatedly copied Snapchat’s best features, cutting into its potential. Now, Facebook is under investigation by the U.S. Justice Department and the Federal Trade Commission for antitrust violations. Snapchat’s recovery could weaken the government’s argument.Both companies are now facing competition from TikTok, a new social network popular with young people, owned by China’s Bytedance Inc. While Facebook CEO Mark Zuckerberg is rallying employees to compete with TikTok through a copycat app called Lasso, Snap’s Spiegel said Tuesday on a conference call that “we definitely consider them a friend,” noting that TikTok uses Snap’s app-development tools and advertises on Snapchat.(Updates with comment on TikTok competition in final paragraph)To contact the reporter on this story: Sarah Frier in San Francisco at sfrier1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Airbnb Makes Debut in Google Vacation Rentals — For Now
    Skift

    Airbnb Makes Debut in Google Vacation Rentals — For Now

    The long drought is over: While Booking Holdings is gone, Airbnb is in. Airbnb listings have begun appearing for the first time in Google's vacation rentals feature in several European cities, including Paris, Amsterdam, and Madrid, for example. The listings we saw were for entire homes and apartments. The development, which could be a here-today-and-gone-tomorrow […]

  • Huawei Ban: Trump Winning, but What About Google?
    Market Realist

    Huawei Ban: Trump Winning, but What About Google?

    Huawei is suffering without Google's (GOOGL) support. President Donald Trump's administration has hit Huawei with trade sanctions.

  • Snap Stabilizes. Next Step: Sell Ads Without Being Creepy.
    Bloomberg

    Snap Stabilizes. Next Step: Sell Ads Without Being Creepy.

    (Bloomberg Opinion) -- Snapchat’s ability to thrive boils down to this question: Can it close the gap with Facebook without becoming Facebook?Investors in internet companies have tended to fixate on whether the companies can keep pulling in more people to spend more time with their online hangouts. Those metrics are watched extra closely at Snapchat for signs of whether its generally young fans are drifting away to Facebook’s Instagram, YouTube, TikTok, Fortnite or other internet distractions.But as parent company Snap Inc. grows up, it has sensibly said it wants to increasingly focus on generating more money from the people who choose to spend time on Snapchat. The question is both whether Snapchat can become an effective internet money-making machine and whether it can do so without following the Google and Facebook model of increasingly invasive internet surveillance.Snap, so far, has taken steps in the right direction, but it has a long way to go — if it can ever get there.In a disclosure of its third-quarter financial results on Tuesday, Snapchat reported a second consecutive quarter of relatively steady growth in the number of users and said it expects a similar rate of gains in the fourth quarter. Revenue jumped 50% from a year earlier. In its most lucrative domestic market, Snapchat’s growth in average revenue from each user continued to pick up speed. This is all good. (Snap shares fell in after-hours trading, perhaps reflecting worries about a slightly lower-than-expected revenue forecast for the fourth quarter.)As analysts have expected, CEO Evan Spiegel said in a conference call script that Snap is on a path to the company’s first positive number in earnings before interest, taxes, depreciation and amortization after stripping out more costs such as stock compensation. It’s kind of profitable, with an asterisk, but it’s an important milestone now that the mood has turned sour for wildly unprofitable young companies.The company’s shares have rallied this year — though they remain below the price at which Snap sold stock in its March 2017 initial public offering — as it recovers from mostly self-imposed missteps. It now seems that Snapchat’s app is stable; the company continues to come up with fresh and fun ideas; it is no longer focused on 15 contradictory priorities; and it is restoring credibility with its fans, partners and companies that want to pitch to Snapchat’s largely young users.Snapchat knows what its financial future could look like if it does everything right. That is, it could look like Facebook, which honed the model of turning people’s time and attention into revenue from pitching ad messages. Yes, newspaper, radio and television did the same thing, but Google and Facebook have played this tune on an entirely different scale. Those companies are both a model of what Snapchat could become financially and a cautionary tale.Snapchat generated an average of $2.12 of revenue for each of its daily users in the third quarter. The figure at Facebook was $10.64 in the second quarter.(1)The gap is not a surprise, given the relative immaturity of Snapchat’s advertising sales machine and its stumbles.To close it, the company has copied sensibly from Facebook, giving a retailer, for example, options to pitch a specific handbag from its catalog to Snapchat users who might be interested. Snapchat needs to offer more options like this to businesses, prove that ad messages translate into sales and avoid annoying its fickle young fans. It’s a tall order.Snapchat also has to do this without getting too creepy. We don’t yet have a model of an internet company that can be successful without following the Google and Facebook model of sucking up ever-more granular information on people’s habits to fine-tune marketing pitches. Snapchat promises it can make money without being an insatiable data hog in the service of selling movie tickets or sneakers, but that remains to be seen. I’m also not sure that, structurally, Snapchat can resolve the division between the features on which users spend most of their time and the features that generate big chunks of the company’s revenue. That division may be a permanent ceiling on Snapchat’s revenue.For now, stability is a new and welcome look for Snapchat. To continue to fulfill its potential, Snapchat now has to pivot from recovery to a grown-up advertising vehicle while writing new rules for being a responsible internet company. (1) Facebook discloses a different average revenue figure based on monthly users. My figure is calculated from Facebook's daily user numbers.To contact the author of this story: Shira Ovide at sovide@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Shira Ovide is a Bloomberg Opinion columnist covering technology. She previously was a reporter for the Wall Street Journal.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Meg Whitman’s new venture is thinking big with a short-form streaming service
    MarketWatch

    Meg Whitman’s new venture is thinking big with a short-form streaming service

    Quibi, short for “quick bites,” is scheduled to launch in April with shows and films from A-list directors such as Steven Spielberg and Guillermo del Toro sliced into increments shorter than 10 minutes that are meant to be viewed on smartphones.

  • Hidden security risks caused by the latest technology
    Yahoo Finance

    Hidden security risks caused by the latest technology

    Phone camera quality has made it possible to identify a location from the reflection in a person's eyeball. This, as well as many other concerns, has arisen with our access to ever-improving tech.