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‘Meta’morphosis leaves FAANG in a flux – Mint

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Facebook’s new Meta logo is seen on a smartphone in front of a displayof Facebook, Messenger, Instagram, WhatsApp and Oculus logos. reutersPremium
Facebook’s new Meta logo is seen on a smartphone in front of a displayof Facebook, Messenger, Instagram, WhatsApp and Oculus logos. reuters

2 min read . Updated: 29 Oct 2021, 10:44 PM IST Michael Wursthorn

  • Facebook is embarking on an identity overhaul to better reflect where it wants to go beyond its namesake social-media platform.

FAANG is dead. Long live MAANG.

Facebook Inc. is embarking on an identity overhaul to better reflect where it wants to go beyond its namesake social-media platform.

Starting December 1, Facebook will become Meta Platforms Inc., and its well-known stock ticker symbol, FB, will switch to MVRS, a play on metaverse.

In another corner of the social-media arena, Twitter users who love to riff on finance mourned the potential end of FAANG—the trading acronym for the group of tickers from Facebook, Amazon, Apple, Netflix and Google parent Alphabet.

“Wait—does this mean we have to start saying MAANG instead of FAANG now??” tweeted one user.

Corporate name changes happen fairly frequently after mergers, and they are at the front of the playbook for businesses looking for an identity makeover.

Philip Morris in 2003 renamed itself Altria to distance itself from its tobacco operations.

Google adopted Alphabet in 2015 as it moved well beyond its search business.

Companies tend to be much more attached to the all-capitals monikers used by investors to find and trade their stocks.

Altria continues to use its MO ticker today. And Alphabet still goes by GOOGL, helping to explain why FAANG didn’t turn into FAANA after the search giant reorganized and renamed.

There is a likely reason for the decision to stick with those old tickers. Researchers have found over the years some correlations between a stock’s value and the “likability” or even the pronounceability of a ticker symbol.

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One study in 2016 found that tickers such as AAPL (Apple Inc.) and IBM (International Business Machines Corp.) scored high with investors, while more-tangential symbols fell flat, such as JWN (Nordstrom Inc.).

Clever tickers are the next best thing, researchers found in 2009. Symbols including Southwest Airlines Co.’s LUV suggest a company is creative, even fun.

Both studies ended before Facebook’s debut, so there doesn’t appear to be immediate data on the likability of FB.

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5 apps for scheduling Instagram posts on iPhone and Android

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Alright, we get it. You’re an Instagram Nostradamus.

You know exactly what you want to post and when you’re gonna want to post it. Maybe there’s a meme or comment you want to make that you know will be totally relevant for a future moment or event. Or it could be that you’re an influencer and you want to make sure you keep a steady stream of content coming, so you want to schedule posts for times when you know you won’t be active (or won’t have internet access).

You’ll be happy to know there are apps that are specialized for just such situations. So listen up, InstaNostradamuses…Instagrostra…Instadam…Insta…uh…you guys (we’ll workshop it. No we won’t. We’ll probably just abandon that effort completely. You’re welcome) — these are the Instagram-post-scheduling apps for you.

While all of the iPhone apps below are free to download, they all have some in-app purchases.

1. Planoly

PLANOLY

We’ll start with “official partner” of Instagram, itself, Planoly — an Instaplanner that uses a grid to let you plan, schedule, and publish posts (as well as Reels) on Instagram. The app also lets you see post metrics and analytics so you can make sure your post didn’t flop.

Planoly is available for iOS on the Apple App Store and the Google Play store for Android.

2. Buffer

BufferCredit: buffer / app store

Buffer is another Instagram post scheduler that helps you plan your posts and analyze feedback once they’re published. Use a calendar view to drag and drop posts into days/time slots for easy scheduling.

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Buffer is available for iOS on the Apple App Store and the Google Play store for Android.

3. Preview

PreviewCredit: preview / app store

Preview offers typical post-scheduling tools and analytics along with a few helpful extras. Get caption ideas, recommendations for hashtags, and more.

Preview is available for iOS on the Apple App Store and the Google Play store for Android.

4. Content Office

Content OfficeCredit: content office / app store

An Instagram post scheduler with a visual boost, Content Office allows users to plan and schedule Instagram posts while learning “marketing and visual guides to grow your brand on Instagram.” Like aesthetics and using visuals to create cohesive themes? Maybe this is the Instaplanner for you.

Content Office is available for iOS on the Apple App Store.

5. Plann

PlannCredit: plann / apple store

You’ll never guess what “Plann” lets you do…

Aside from scheduling posts, get content ideas and recommendations, as well as strategy tips to ensure you’re maximizing your Instagram engagement. Ever wonder when the best time to post something is? Plann can offer you some help with that.

Plann is available for iOS on the Apple App Store and the Google Play store for Android.

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Social networking websites launch features to encourage users to get boosters

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Facebook Instagram and TikTok are launching new features to encourage people to get their coronavirus booster jabs.

From Friday, users will be able to update their profiles with frames or stickers to show that they have had their top-up jab or aim to when they become eligible.

It follows on from people previously being able to show they have had their first and second jabs on certain social networking websites and apps.

TikTok also held a “grab a jab” event in London earlier this year.

I urge everyone who is eligible – don’t delay, get your vaccine or top up jab today to protect yourself and your loved ones

More than 16 million booster vaccines have now been given across the UK.

People who are aged 40 and above and received their second dose of their vaccine at least six months ago are currently eligible to have their booster.

A new campaign advert is also being launched on Friday, which shows how Covid-19 can build up in enclosed spaces and how to prevent that from happening.

Vaccines minister Maggie Throup said:  “Getting your booster is one of the most important things you can do to protect yourself and your family this winter.

“It is fantastic to see some of the biggest household names further back the phenomenal vaccine rollout, allowing their users to proudly display that they have played their part in helping us build a wall of defence across the country.

“I urge everyone who is eligible – don’t delay, get your vaccine or top-up jab today to protect yourself and your loved ones.”

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How many hashtags should you use to get the most ‘Likes’ on Instagram?

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Hashtags are a key feature of Instagram posts. In fact, they have become an essential means of ensuring more ‘Likes’ on social media – so long as you choose them wisely.

But how many hashtags should you use to maximise your popularity on the social network? The answer might surprise you.

It’s a question that many Instagram users ask themselves: what’s the right number of hashtags to add to a post? To find out, the Later platform analysed 18 million Instagram posts, excluding videos, Reels and Stories.

Interestingly, Later’s results differ from Instagram’s own recommendations. According to Later’s analysis, using more hashtags helps get better results in terms of “reach”, or the percentage of users exposed to the post. By using 20 hashtags, Later observed an optimal average reach rate of just under 36%. Using 30 hashtags gets the next-best reach rate. With five hashtags, reach hits just under 24%.

And while a post’s reach is important, engagement is even more so. From “Likes” and comments to shares and follows – on average, 30 hashtags appears to result in better engagement rates: “When it comes to average engagement rate, using 30 Instagram hashtags per feed post results in the most likes and comments,” says Later’s research.

Yet, at the end of September 2021, Instagram advised its creators to use between three and five hashtags for their posts, while warning them against using too many. The social network advised that using 10 to 20 hashtags per post “will not help you get additional distribution”.

For Later, there could be other reasons behind Instagram’s recommendations: “As Instagram continues to expand their discoverability and SEO tools, it makes sense that they want users to experiment with fewer, more relevant hashtags – this could help them accurately categorise and recommend your posts in suggested content streams, like the Instagram Reels feed or the updated hashtag search tabs,” the website explains. – AFP Relaxnews

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