Did a tweet by Kylie Jenner’s caused the value of Snapchat’s parent company, Snap Inc., to plummet by $1.3 billion? According to some, that may be the case. Referencing Snapchat’s controversial new redesign, Jenner tweeted, “sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.” sooo does […]
On Thursday, the business news site Bloomberg published a story under a shocking headline: "In one tweet, Kylie Jenner wiped out $1.3 billion of Snap's market value." The story was pegged to a 7 percent decline in Snap Inc.'s stock price,...Show More Summary
Snap Inc. has been rolling out a completely redesigned version of the Snapchat app to its users over the last few weeks. The new version of the app essentially separates the social content from the media, while overhauling the user interface.
by Katie Herzog Getty Images If you ever need a reminder that one person really can make a difference in the world, take note: Kylie Jenner, a 20-year-old woman whose greatest contribution to humanity was not being in a Pepsi commercial,...Show More Summary
Shares of Snap Inc. were down more than 6% Thursday morning after reality television star Kylie Jenner tweeted what appeared to be criticism of the company’s redesign of its Snapchat video messaging app. The redesign was supposed to make Snapchat more approachable to new users, but it's been the...
Snap Inc. detailed Snapchat's two newest features. First, the company partnered with Giphy to allow Snapchat users to search Giphy's library for animated GIF stickers they can add to their Snaps. Snapchat users can access the Giphy library by tapping the sticker icon near the top-right corner of the screen once they've taken a photo...
Snap Inc.’s overhaul of its core app splits the social from the media—but is that enough to survive?
INTERNATIONAL - Facebook Inc. is losing its swagger with young users, who are increasingly migrating to rival platforms including Snap Inc.’s Snapchat, according to a new study. Seventy-one percent of U.K. social network users between...Show More Summary
Snapchat creators are being given audience analytics from today, including story views, engagement, and demographics. The move represents part of Snap’s push to “separate the social from the media” within its flagship app, which includes an interface redesign that makes a clearer distinction between your Snapchat friends and professional content creators such as brands and […]
Snapchat parent said its head of sales, Jeff Lucas, is leaving the social-media company less than two years after joining from Viacom Inc.
Snap Inc. Vice President of Sales Jeff Lucas is leaving the company, the company confirmed this afternoon. The departure, first reported by Cheddar, is one of several senior executives that have left the company in the year since its initial public offering. Lucas's departure comes just weeks after Snap reported better-than-expected earnings for the first...
Snap Inc. posted its first earnings beat as a publicly listed company, delivering strong fourth-quarter revenue and user growth. Although the company’s Q4 losses doubled over the last year, sales rose by 72% to $286 million from a year earlier.
Snap Inc. took a major risk when it completely redesigned Snapchat a few months ago -- it's no secret that people don't like change. But the company, after constantly struggling to add new users since going public last February, decided it needed to make adjustments in order to attract people and keep others coming back. Show More Summary
Investors rewarded Snap Inc. handsomely on Wednesday as the social media company’s shares soared 39% following the company’s unexpected positive earnings report. The Venice-based company surprised analysts on Tuesday when it reported revenue of $286 million in its fourth quarter, a 72% increase...
Lenovo‘s Motorola division along with Vital USA Inc. recently unveiled a modular platform for expanding the capabilities of their smartphones. It’s known as Moto Mod, and it essentially lets you snap on attachments to the back of a phone that can do things such as print photos, play loud music, and provide a way to attach […]
Snap Inc. surprised the market with its fourth-quarter financials Tuesday with the Snapchat app maker reporting both a surge in user numbers and revenue. Revenue for the quarter ending Dec 31. came in at $285.7 million, up 72 percent from a year earlier and roughly $30 million above what analysts had predicted. Show More Summary
Snap Inc. reaccelerated revenue and user growth for the first time as a publicly traded company, a promising sign that may reflect progress in convincing advertisers its Snapchat app is a viable alternative to Facebook and Google.
Snapchat parent company Snap Inc. saw a big snapback in shares Tuesday as the youth-oriented social network reported stronger-than-expected revenue growth.
Snapchat has a reputation. Yes, for sexting, but also for its inability to impress investors. That narrative changed on Tuesday after Snap Inc. scored a massive beat on its quarterly earnings report, recapping revenue and user growth 2017. To the surprise of investors, Snap reported that both its user growth and revenue growth are accelerating. Show More Summary