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Bloomberg News
Sarah Frier is a technology reporter for Bloomberg News.
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Sarah Frier
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FROM Sarah Frier
To the Point
Snapchat's IPO: How big will it be? Facebook overtook Twitter; will Snap Chat overtake Facebook? Snap, Inc . -- the parent of Snap Chat — will make its Initial Public Offering tomorrow and trading will begin on the New York Stock Exchange. Even among the stratospheric finances of the tech world, we’re likely talking big money. Sarah Frier, tech reporter for Bloomberg in San Francisco, has more on the communication app, its target audience and it's potential for continued growth.
Press Play with Madeleine Brand
Is Snapchat the next Facebook? Snap Inc. has filed for a $3 billion dollar IPO, reportedly the largest ever for a company based in Los Angeles. The company says nearly 160 million people use Snapchat daily. For many, it’s their main news source and main social media network.
To the Point
Twitter cuts workforce in search of profit Twitter is one of social media’s definitive institutions — crucial to all kinds of discourse in the US and around the world, but it's not making a profit. Today it announced its quarterly earnings — along with a staff layoff of nine percent. Sarah Frier, tech reporter for Bloomberg in San Francisco, broke the story .
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Red State, Blue State
Is a ‘Red State Democrat’ Even a Democrat? Democrats and progressives were scratching their heads last week when West Virginia’s senator broke with the Democratic Party. We get their reaction.
KCRW Features
A Longshot Contender for LA Sheriff Retired Lt. Alex Villanueva is running to unseat Sheriff Jim McDonnell
KCRW Features
As sidewalk gardens grow on Skid Row, homeless residents lose a sidewalk In a city with tens of thousands of people living on its streets, sidewalk space can be a hot commodity. Businesses want to keep the sidewalk clear for customers, but the city’s housing crisis means that for some people, the sidewalk is home. Some property owners have reportedly used sprinklers or private security guards to make sure no one sets up camp outside their doors. And in recent months, people living on the streets have noticed a new tactic – business owners effectively occupying a portion of the sidewalk themselves.
KCRW Features
What you need to know about the Gas Tax Last year, California legislators increased California’s gas tax by 12 cents a gallon. The revenue raised from the increases, over $5 billion a year, is supposed to be spent on improving transportation in the state. But there’s been a backlash to the gas tax increase, resulting in Proposition 6 on the November ballot. If passed, it would roll back the tax and require all future fuel tax increases to get voter approval.