Snapchat launches Spectacles, Mode collapses, Google launches VR platform & more - this week in media

Snapchat launches Spectacles, Mode collapses, Google launches VR platform & more - this week in media

Google launches Daydream its new VR platform

Google launches its mobile Virtual Reality SDK, hoping to provide scale for VR across mobile. Given that mobile is viewed as core to the success of VR at scale, this is the beginnings of something big.  Read in full on Google's blog >>

Mode Media’s collapse from the inside

Since Mode’s spectacular and unexpected collapse last week, ex-employees give an insiders view on what happened, with stories of alleged long-term mismanagement and apparent rogue hubristic expenses from their ex-CEO.  Read in full on Business Insider >>

Snapchat launches Spectacles and renames itself

Snapchat launch 'Spectacles', which are essentially a pair of sunglasses with a camera, in a bid to let people capture and share 'moments' from their everyday lives.  At the same time Snapchat renames itself Snap Inc. giving a sense the company plans to move beyond being just a chat app.  Read in full on Techcrunch >>

Instagram now has 500,000 advertisers

Facebook reveals that Instagram now has 500,000+ advertises.  Impressive for a platform that only launched its ads programme a year ago.  Read in full on the FT >>

Inside the Guardian's significant US losses

Guardian US reveals a $15.85 million loss on $15.5 revenues, and down grades its 2016 targets after complaining that ‘Facebook took all our revenue'.  Read in full on Politico.com >>

Twitter sale: the 12 media companies that could actually afford to buy Twitter [data]

Twitter sale: the 12 media companies that could actually afford to buy Twitter [data]

Publishing in a world of VR - lessons from the New York Times and their NYTVR app

Publishing in a world of VR - lessons from the New York Times and their NYTVR app