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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    Stitch Teams Up with Standard Bank’s Shyft for Instant Wallet Top-Ups in South Africa

    Stitch Teams Up with Standard Bank’s Shyft for Instant Wallet Top-Ups in South Africa

    Kenya Takes Action Against TikTok Following Child Exploitation Exposé

    Kenya Takes Action Against TikTok Following Child Exploitation Exposé

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

    GIIG Partners with SparkRockets to Launch AI-Powered Startup Validation Tool

    GIIG Partners with SparkRockets to Launch AI-Powered Startup Validation Tool

    Tanzania’s Kilimo BaNDO Revolutionizes Agriculture for Smallholder Farmers

    Tanzania’s Kilimo BaNDO Revolutionizes Agriculture for Smallholder Farmers

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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    Grid Africa Secures $2.8 Million for Renewable Energy Initiatives in South Africa

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    Millennials and Gen Z Show Shorter Tenures Despite Clear Career Paths, New Report Shows

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    One Direction Star Liam Payne Dies after Hotel Balcony Fall

    One Direction Star Liam Payne Dies after Hotel Balcony Fall

    It’s important to set boundaries in entertainment industry – Reminisce

    It’s important to set boundaries in entertainment industry – Reminisce

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    Flying Eagles moves to Ikenne for camping in prep for 2024 WAFU B U20 Championship in Togo

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    Jagun Jagun secures 7 nominations at 2024 AMAA

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    Oba Elegushi donates 3 standard tennis courts to LASU, reveal reasons behind donation

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Zoom’s newest competitor is Snapchat

by Eucharia Egwuma
July 18, 2022
in World News
Reading Time: 3 mins read
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Zoom’s newest competitor is Snapchat
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Unlike many other social media platforms, Snapchat has been available only on mobile since its launch over a decade ago. But on Monday, the company launched a web-based version of the popular messaging app.The goal is to give users the freedom to switch between their phones and computers, all while continuing their conversations on the platform. But the new desktop option could also help Snapchat (SNAP) take on a surprising rival: Zoom.

While Snapchat is known for letting users send disappearing chats and photos, called snaps, video calling has become a popular feature of the app, according to the company. Snapchat said its app hosts more than 100 million video calls each month with up to 15 participants each. Now, it hopes that servicewill become easier and more pleasant to use when people join those calls from a desktop.

The idea is similar to video calling services such as Zoom (ZM), which exploded in popularity during the pandemic, but with some selling points unique to Snapchat. Users will be able to initiate calls more quickly and easily because they’re already connected to friends and can see when others are online, according to the company.Snapchat’s signature photo lenses — the ones that can make users appear to have dog ears, freckles or other features — will also soon be available for video calls on the web version.

Like with the app, the web version of Snapchat opens directly to the camera to encourage users to send photos to friends. In a sidebar, users will see a list of their recent friend conversations, where they can open snaps or start a chat. The web version won’t include all the features of the mobile app, such as the “Snap Map” where users can track their friends or the discover section — at least to start, according to the company.

“With so many in our community spending more time online, whether it is for remote learning or working, streaming or just plain browsing — we saw a huge opportunity to make it easier for our community to stay connected throughout their day,” a spokesperson for Snap, the app’s parent company, said in a statement.

To protect users’ safety and privacy, Snapchat for web prohibits users from taking screenshots of chats or snaps (the app alerts users if someone screenshots their chat or photo). The company also created a “privacy screen” to hide the Snapchat window if users click away.

The launch comes as Snap, the parent company of Snapchat, has been pummeled on Wall Street after posting a larger than expected loss in its most recent earnings report and later warning investors that it had slashed its upcoming quarterly forecast due to a worsening economy.Shares of Snap, which is set to report second quarter earnings later this week, have tumbled 70% since the start of this year.

Last month, Snap introduced a new paid subscription service called Snapchat+ with the potential to boost its revenue. The web version may be a draw for the new, $3.99 per month subscription option. At launch, the web-based version of Snapchat will be available to all users in Australia and New Zealand and to Snapchat+ users in the United States, United Kingdom and Canada. The service will soon roll out to Snapchat+ subscribers in France, Germany, Saudi Arabia and the United Arab Emirates.

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