Snapchat messaging service on Thursday set out to spread its reach, and panache, to other smartphone apps with a software kit that promised to share little data about users.
People will be able to use Snapchat credentials to sign into apps the way they might do using Facebook or Google credentials, while strictly limiting access to personal data or activity tracking, parent company Snap Inc said.
The software kit would also allow free Snapchat features, such as filters, stories or “Bitmojis” to appear in other applications, the California-based firm said.
The kit, aimed at making Snapchat more ubiquitous in the world of smartphone apps, was built with privacy as a priority, Snap vice president of product Jacob Andreou said.
“We did not want to lower privacy expectations,” Andreou said.
The move comes as Facebook Inc deals with aftershocks of a data privacy scandal that rocked the leading online social network.
Snapchat sign-ins to other apps are to use nicknames and “Bitmoji” avatars instead of personal data from profiles, the company said.
Snap also vowed to carefully scrutinize what applications do with the new software tools.
Snap deputy general counsel Katherine Tassi said that the service learned from an incident nearly four years ago when a huge trove of evidently intercepted Snapchat images and videos were exposed online.
In what was referred to in late 2014 as “The Snappening,” people who used a third-party program instead of the official Snapchat application had copies of supposedly transient missives squirreled away by hackers who then posted them online.
Snap wanted to “make sure that we build security and privacy into the design” when creating the kit for outside developers, Tassi said.
Snap has been modifying the app, sometimes to the chagrin of users, in the name of broadening the appeal of the youth-oriented service.
“We are now focused on optimizing the redesign based on our ongoing experimentation and learning,” Snap cofounder and chief executive Evan Spiegel said during an earnings call with analysts last month.
INVESTOR RESILIENCE? An analyst said that despite near-term pressures, foreign investors tend to view NT dollar strength as a positive signal for valuation multiples Morgan Stanley has flagged a potential 10 percent revenue decline for Taiwan’s tech hardware sector this year, as a sharp appreciation of the New Taiwan dollar begins to dent the earnings power of major exporters. In what appears to be the first such warning from a major foreign brokerage, the US investment bank said the currency’s strength — fueled by foreign capital inflows and expectations of US interest rate cuts — is compressing profit margins for manufacturers with heavy exposure to US dollar-denominated revenues. The local currency has surged about 10 percent against the greenback over the past quarter and yesterday breached
MARKET FACTORS: Navitas Semiconductor Inc said that Powerchip is to take over from TSMC as its supplier of high-voltage gallium nitride chips Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday in a statement said that it would phase out its compound semiconductor gallium nitride (GaN) business over the next two years, citing market dynamics. The decision would not affect its financial targets announced previously, the world’s biggest contract chipmaker said. “We are working closely with our customers to ensure a smooth transition and remain committed to meeting their needs during this period,” it said. “Our focus continues to be on delivering sustained value to our partners and the market.” TSMC’s latest move came unexpectedly, as the chipmaker had said in its annual report that it has
SECURITY WARNING: The company possesses key 3-nanometer technology, and Taiwan should prevent it from being transferred to China, a lawmaker said The Ministry of Economic Affairs yesterday said it would conduct a “strict review” of any proposed acquisition of Taiwanese tech company Source Photonics Co (索爾思光電), following media reports that a Chinese firm was planning to buy the company in the Hsinchu Science Park (新竹科學園區). Local media reported that Suzhou Dongshan Precision Manufacturing Co (東山精密), China’s largest printed circuit board manufacturer, had announced plans to acquire Source Photonics for 5.9 billion yuan (US$823.1 million). The ministry said it has not received an application from Source Photonics and has formally notified the company that any buyout would constitute a change in its ownership structure. The
ELECTRONICS: Strong growth in cloud services and smart consumer electronics offset computing declines, helping the company to maintain sales momentum, Hon Hai said Hon Hai Precision Industry Co (鴻海精密) on Saturday announced that its sales for last month rose 10 percent year-on-year, driven by strong growth in cloud and networking products amid the ongoing artificial intelligence (AI) boom. The company, also known internationally as Foxconn Technology Group (富士康科技集團), reported consolidated sales of NT$540.24 billion (US$18.67 billion) for the month, the highest ever for the period, and a 10.09 percent increase from a year earlier, although it was down 12.26 percent from the previous month. Hon Hai, which is Apple Inc’s primary iPhone assembler and makes servers powered by Nvidia Corp’s AI accelerators, said its cloud