Executive Summary: Hi5 is a social networking website on which users can set up profiles as well as connect with other members. Hi5 failed because it couldn’t keep up with its competition. Facebook, in particular, was able to raise substantially more in funding, which enabled it to hire the world’s best engineers. What Is … Read more
Executive Summary: Bebo was a social media site on which users could set up their own profiles and connect with other members. Bebo failed because it couldn’t keep up with its competition and to AOL’s unwillingness to invest in the platform. What Is Bebo? Bebo is primarily known as a social media site on which … Read more
There is no denying that the Covid pandemic had a long-lasting impact on all of us. It not only forced billions of people to quarantine at home for months but significantly accelerated the growth of the internet economy. One of the major beneficiaries of said pandemic became audio-based social network Clubhouse, which managed to amass … Read more
Executive Summary: Figleaves was an online retailer out of Great Britain that specialized in the distribution of lingerie and related female clothing. Figleaves was shut down because interest in the company slowly began to fade and because N Brown wanted to streamline its businesses to boost growth. What Is Figleaves? Figleaves is an online retailer … Read more
Executive Summary: CNN+ was a premium streaming service from the namesake news station that could be accessed by paying a subscription fee. CNN+ failed because of low subscriber numbers, extensive cost projections, a change in leadership, competition, and shifting strategic goals at Warner Bros. Discovery. What Is CNN+? CNN+ (spelled CNN Plus) was a premium … Read more
Executive Summary: Facebook Jobs is a feature on Facebook with which business owners can post and advertise available work. Facebook Jobs, in all likeliness, was shut down outside the United States and Canada because it wasn’t popular enough. What Is Facebook Jobs? Facebook Jobs is a feature on the namesake social media platform that enables … Read more
Executive Summary: Popcorn Time is an open-source software that allows anyone to download and stream media files such as videos. Popcorn Time was shut down in January 2022 because interest in the platform had significantly declined. What Is Popcorn Time? Popcorn Time is an open-source software that allows anyone to download and stream media files … Read more
Executive Summary: Endomondo is a fitness-based platform that allows its users to track, record, and analyse their workouts. Endomondo was shut down because its owner Under Armour wanted to direct users to its own app called MapMyRun. What Is Endomondo? Endomondo is a fitness-based platform that allows its users to track, record, and analyse their … Read more
Executive Summary: Musical.ly is a social media platform that enables its users to create, share, and discover video-based content. Musical.ly was shut down because its owner, ByteDance, wanted to merge its technology and userbase into another app. What Is Musical.ly? Musical.ly is a social media platform that enables its users to create, share, and discover … Read more
Executive Summary: QuizUp is a social trivia game that requires players to compete against each other by answering random questions. QuizUp is discontinued because the developers behind the game were unable to properly monetize the game. What Is QuizUp? QuizUp is a social trivia game that requires players to compete against each other by answering … Read more