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Tech Companies That Missed the Mark in 2016

CTOvision

From Snapchat Spectacles to virtual reality, 2016 was a year of innovation and growth in the tech industry. However, not every company saw great success, and even the tech giants had some big snafus. Here are some of the most notable tech company failures of the past year. Rick Delgado.

Company 151
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Social giving startup Give InKind acquired by gift card company Wolfe

GeekWire

based startup that helps people create giving platforms to support their friends and family, was acquired by Wolfe , a Pittsburgh, Pa-based gift card company. The 9-person company will remain in Tacoma, just south of Seattle. The company operates PerfectGift.com, GiftYa.com, and GiftCardGranny. Give InKind , a Tacoma, Wash.-based

Company 110
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Epic Games shuts down Houseparty app to focus on metaverse

CTOvision

Houseparty, the social video app that launched in 2016 and soared in popularity during the pandemic, will be shutting down in October, the company announced Thursday.

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Introducing The Forrester Wave™: Digital Risk Monitoring, Q3 2016

Forrester IT

We recently published our Forrester Wave™: Digital Risk Monitoring, Q3 2016 report. It's almost 2017 and yet companies are more exposed and less equipped to handle the slew of risks that run rampant across countless digital channels today. Social Media Security. Digital Risk. Digital Risk Monitoring. Risk Intelligence.

Social 150
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How Far has Face-Tracking Technology Come in 2016?

CTOvision

This is the technology behind Snapchat’s filters, impressive on mobile hardware, and it points to the most promising aspect of face-tracking technology: its implications for socializing in the digital sphere. Other companies however are pushing their understanding of nuances in human expression even further. Leave a comment below!

Social 150
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Facebook is planning to rebrand the company with a new name

The Verge

Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The rebrand would likely position the blue Facebook app as one of many products under a parent company overseeing groups like Instagram, WhatsApp, Oculus, and more.

Company 145
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Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth

GeekWire

On a video call from the hospital where he and his wife welcomed a baby boy over the weekend, CEO and co-founder Nick Fajt was excited about the 5-year-old startup he’s been raising into a unicorn in Seattle, where a majority of top tech companies operate in enterprise software or cloud computing. The company is not yet profitable.

Social 144