Snapchat Now Lets You Send Money To Friends Through Snapcash Deal With Square Cash

While Venmo, Google Wallet, and more try to take a business approach to peer-to-peer payments, Snapchat today swooped in from the consumer side. It just added a “Snapcash”  payments option to its app through a deal with Square Cash. Now you can add a debit card, type a dollar amount into Snapchat’s text-chat feature, and hit the green pay button to instantly send a friend money. The feature is on Android now and is coming to iOS soon.

We first reported that Snapchat had filed trademarks around payments in July, and now we know why. Beyond p2p payments, the trademarks could prime Snapchat for ecommerce and payments to merchants as well. For example, the app could one day send you a Snap or show a Story ad from a mechant, and let you buy the product shown instantly through Snapchat. Depending on how its relationship with Square Cash works, Snapchat could also potentially cross-reference debit card info through Snapcash-connected accounts to improve its ad targeting.

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Instagram finally lets you edit photo captions


You can finally go back fix and all the typos in your Instagram captions.

The company rolled out an update Monday that adds the ability to change photo captions after they’re posted and adds new recommendations to the app’s Explore menu.

In what had long been frustrating for victims of autocorrect everywhere, the app didn’t allow users to tweak captions after a photo or video posted, forcing users to post corrections as a comment or delete and re-write the caption entirely.

“This has been one of the top requests that we’ve heard from the community, and we’re excited to finally bring it to you today,” Instagram wrote in a blog post.

To edit a caption, tap the menu button [...] underneath a post and select edit. Edited captions will include a note indicating the post was edited when a user views the comments.

Instagram update

Instagram’s latest update adds the ability to edit captions and a new section to the Explore tab that surfaces recommendations of new accounts to follow.

Monday’s update also changed the recently revamped Explore tab to make it easier to find new accounts to follow.

The Explore menu, which surfaces popular posts, has now been split into two tabs: Photos and People. The Photos tab displays the same posts as the Explore menu did in previous versions of the app — photos and videos popular within your circle of friends as well as those trending among the greater Instagram community. The new People tab displays recommendations of new accounts to follow, including people you’re connected to on other social networks, along with a preview of some of their most recent posts.

The countries where Facebook censors the most content

As Facebook expands, countries are increasingly interested in making content on the social network disappear.

Censorship on Facebook increased 19% between the first six months of 2014 and the last six months of 2013, the company revealed on Tuesday. But censorship isn’t distributed evenly; some countries are more trigger-happy than others when asking Facebook to remove content.

Facebook only removed some content in 15 of the 83 counties listed on the network’s third transparency report. India leads the list of content removal; Facebook restricted 4,960 “pieces of content” from the country between January and June 2014. Turkey and Pakistan follow closely with 1,893 and 1,773 “pieces of content” removed, respectively.

After India, Turkey and Pakistan, there is a big gap. Facebook only removed 34 pieces of content from the No. 4 country on the list, Germany.

A Facebook spokesperson said the company restricts access to content only when it is “illegal under local law.” Facebook doesn’t release many details on the content it restricts — or what laws the restrictions are based on — but does explain the reasons for removals in each country, in broad strokes.

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Twitter Will Open Hong Kong Office To Target Advertisers

In Asia, Twitter is up against rivals like Sina Weibo and the ubiquity of messaging apps like Line, WhatsApp, and WeChat. But the region is still an important one for the microblogging platform, a point it underscored today by announcing plans to establish an office in Hong Kong. Twitter’s vice president for Asia Pacific, the Americas, and emerging markets, Shailesh Rao, told WSJ that the office, which will open in early 2015, will focus on selling advertising to companies based in China, Hong Kong, and Taiwan.

A Twitter representative told TechCrunch, “With half of all Internet, mobile and social media users worldwide in Asia today, we see many opportunities across the region. APAC is the growth engine for the company and we are expanding into more markets to reach new users, partners & advertisers.”

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5 Lessons Entrepreneurs Can Learn From Oscar de la Renta

Sought after by many powerful leaders and celebrities like Oprah Winfrey, Sara Jessica Parker, Amal Alamuddin and Mo Abudu, so his artisanry would adorn them in style for their most special career and life-defining moments, Oscar de la Renta died at age of 82 earlier this week.

He inspired many with his words layered with wisdom and designed with wit. And de la Renta’s designs never shied away from gaining notice. He was memorable in using volume, color and dramatic construction to his pleasure.

Here are five inspirational quotes and jewels of wisdom from the couture designer that entrepreneurs can learn from at a time when many are honoring his work and reflecting on his considerable impact on the fashion industry and beyond:

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How YouTube’s Biggest Star Got His Start

Felix Kjellberg, better known by his online gaming alias “PewDiePie,” has one of the fastest-growing channels on YouTube–a sign of some serious entrepreneurial juice.

PewDiePie posts videos of himself playing video games, along with humorous commentary for viewers. The gamer hit an impressive 30 million followers in September, making his channel the most subscribed and the most viewed on YouTube for the month. His videos also have caused spikes in sales of games he’s featured, such as Slender, Goat Simulator, and Flappy Birds, showing an influence he himself describes as “scary.” But how did he get to where he is today?

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Founders, Execs, Denny’s Respond To The CIA’s First Tweet

You can now stalk the CIA back. At least within the realm of social media.

The government agency made its Twitter debut Friday afternoon with a self-mocking tweet that brought the account 50,000 followers in under 50 minutes.

The tweet, which combined a sense of humor with brand awareness–two key components for a successful social media strategy!–was retweeted over 280,000 times and drew thousands of responses from other Twitter accounts. Entrepreneurs and business leaders were among those who tweeted back at the CIA with a few jokes of their own.

Box CEO (and Inc’s Entrepreneur of the Year) Aaron Levie:

Jeremiah Owyang, founder of Crowd Companies Council:

Howard Fineman, editorial director of Huffington Post Media Group:

Billy Chasen, founder of

Dana Brunetti, president of Trigger Street Productions (and Kevin Spacey’s business partner):

And then there were brands like Denny’s, which took advantage of the tweet’s popularity to do some social media promotion of their own.

Given that the @CIA has now reached nearly 600,000 followers in the span of three days, it might not be a bad idea to spy on the account. You might uncover a few social media tips.


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