Weekly News Roundup Feb. 27 – March 3

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Snapchat has a market capitalization of $33 billion and is creating a drone

Snapchat started with an IPO of $24 billion on its first day at the New York Stock Exchange and closed up 44% creating a market capitalization of $33 billion. Meanwhile, the company is building their own drone.

 

Nintendo has created a hybrid console

For all of the game lovers out there, Nintendo has created a hybrid console. You can connect it to play on your t.v., take it on the go, or set it up on a table to play with friends.

 

Chevrolet will be the first carmaker to provide a data plan with cars

Chevrolet has made an unlimited 4G LTE data plan with its cars. This offer will be eligible for cars sold in the U.S. starting on March 3rd. Chevrolet is the first carmarker to offer this plan, but Ford is on the path right behind them.

 

Twitter has created measures to decease the amount of abuse

Twitter is allowing users to limit what they see from certain types of Twitter accounts and removing tweet replies considered abusive.

 

Facebook is using artificial intelligence to help notice suicidal users

Facebook has created algorithms that search posts and comments for any signs of suicidal thoughts and warning signs. After confirmation, Facebook will reach out to those individuals to suggest ways on receiving help.

 

SXSW responded to controversy over contract policies for artist immigration

Artist, Told Slant was to perform at SXSW this year but, due to contract policies concerning artist immigration, decided to cancel his performance. SXSW replied that it is a misunderstanding. Read this Rolling Stone article to get Roland Swenson’s, the CEO and founder of SXSW, full statement.

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