Snapchat: sexting tool or the next Instagram?

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Friday, January 04, 2013

CNN: You may not have heard of Snapchat. But if there are teenagers or 20-somethings in your life, it's a safe bet that they have. Snapchat is a mobile app which lets users share images or videos that disappear after a few seconds.

In a little over a year since it was released by a Stanford student and his recently graduated business partner, Snapchat has has quietly amassed millions of users and now claims to process more than 30 million messages a day. Some bloggers have called it the "next Instagram."

Not bad for a mobile tool which, rightly or wrongly, is often cited for one very specific ability -- the "sexting" of naughty images to other users. In an age when young people are constantly being warned not to post inappropriate things online, Snapchat offers a degree of freedom by letting users share unfiltered thoughts or images without much fear of reprisal.

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Editor's Letter: Power Play

January-Powerbook 2015
Thursday, December 11, 2014

There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:

Old power works like a currency. It is held by few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven. It downloads, and it captures.

New power operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes. Like water or electricity, it’s most forceful when it surges. The goal with new power is not to hoard it but to channel it.

The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace. 

Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.

This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay. 

Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.

New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”

That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!

— Linda


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Corner Office: Marv LaPorte

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Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


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Wednesday, October 22, 2014
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Fred Ziari aims to feed the global population.


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November/December 2014
Wednesday, October 22, 2014

Peter Lizotte at ACME Business Solutions and Roger Busse at Pacific Continental Bank share their favorite reads.


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Wednesday, October 22, 2014
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The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


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The clean fuels opportunity

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Monday, November 10, 2014
111014-dirtyfuel-thumbBY KIM MOORE | OB RESEARCH EDITOR

A market for low-carbon transportation fuels has a chance to flourish in Oregon if regulators adopt the second phase of the state’s Clean Fuels Program.


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The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


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