We have recently seen plenty of notable IPOs coming out of the tech space, but as TechCrunch notes, we have yet to hit the peak.
Of past IPOs, Facebook () (which raised $16 billion on its opening day in 2012) and Alibaba () (which still holds, at $21.8 billion, the largest IPO of all time) are undoubtedly jewels on the crown. Read more
Unless you’ve been hiding under a rock, you probably have read a lot about data privacy in the headlines recently, specifically regarding the Facebook and Cambridge Analytica debacle. As reported by all major news outlets, the story goes that Cambridge Analytica harvested Facebook data through a quiz app that took the personal information from friends of users without knowledge or consent; an estimated 50 million Facebook accounts. Read more
In a speech at the 2016 GraphQL Summit, Lee Byron of GraphQL/Facebook put forward a “Secret Master Plan” outlining his hopes for GraphQL, the growing API standard.
In an ideal world, he said, he hoped that GraphQL adoption would look something like this:
- 1–3 months – Hobbyists and personal projects
- 6 months – Implemented in 3+ languages
- 9–12 months – New startups and small companies
- 1.5–2 years – Medium sized companies and products
- 2 years – Implemented in 10+ languages (actually took ~3 months)
- 2–4 years – Large companies and tech giants
- 4–5 years – Ubiquity!
Due to the nature of APIs, the discussion is often of a technical nature. While this is fine for the world’s engineers and data managers, the fact is that an API has just as many business benefits as it has technical benefits. Read more
Financial services is on the cusp of becoming an integral part of the API Economy. Market forces — both disruptive in terms of new offerings from FinTech and regulatory in the form of anti-competitive legislation — are resulting in an increasing number of financial service providers offering APIs. Read more