How CEO Evan Spiegel could copy Mark Zuckerberg and save Snap's sinking stock...
To save Snap's stock from falling further, CEO Evan Spiegel could turn the tables and copy Facebook's Mark Zuckerberg.About five years ago, Facebook was in a similar position as Snap is in now: Its...
View ArticleFacebook killed the Snapchat-like app for high schoolers it quietly released...
Facebook has killed Lifestage, the standalone app it released almost one year ago as a dedicated social network for high schoolers.Lifestage was pulled from the App Store on August 4, a Facebook...
View ArticleAhead of Q2 earnings, Snapchat benefits from viewership growth (SNAP)
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.Snap’s original programs are drawing sizable audiences,Axios reports....
View ArticleYou can see inside Apple's new $5 billion campus on Snapchat (AAPL)
Apple is currently putting the finishing touches on its new $5 billion campus, named Apple Park. Employees started moving in around April, but the campus isn't finished yet, and there is still major...
View ArticleSnap misses across the board for Q2 earnings, stock gets whacked (SNAP)
Snapchat maker Snap Inc. missed Wall Street’s expectations for its second quarter as a public company, sending its stock diving more than 16% in after-hours trading to an all-time low.The number of...
View ArticleHow Snapchat can survive Instagram's assault on its features (SNAP, FB)
Want to stay up to date with this year’s IGNITION conference and all things media? Subscribe here to receive our free weekly IGNITION newsletter.Ever since last summer, Instagram has made a habit of...
View ArticleSnap cofounders Evan Spiegel and Bobby Murphy have promised not to sell any...
Snap's two cofounders and largest individual shareholders, Evan Spiegel and Bobby Murphy, have committed to not selling any of their stock for the rest of the year.CEO Spiegel made the announcement...
View ArticleSales of Snapchat's camera glasses are already slowing (SNAP)
Snap's camera-equipped sunglasses, Spectacles, were launched with plenty of fanfare.But after a little over half a year on the market, sales are already slowing.In its Q2 earnings report on Thursday...
View ArticleSnap hits a record low after growing more slowly than expected (SNAP)
Snap's shares took a dive after its earnings report was released. The company fell short on earnings and revenue expectations. One of the numbers investors are most closely watching — the app's user...
View ArticleWhat analysts are saying about Snap's disappointing second quarter (SNAP)
Snap Inc. failed to meet Wall Street's expectations for its second quarter as a public company on Thursday, sending its already-battered stock diving to an all-time low.The number of daily Snapchat...
View ArticleSnap confirms that it paid $213 million to buy Zenly and $135 million for...
Snap Inc. has confirmed the price tags for its acquisitions of Zenly and Placed.The Snapchat maker paid $213 million in cash for Zenly in May and $135 million for Placed in July, according to documents...
View ArticleDan Loeb ditched all his shares of Snap
Dan Loeb’s Third Point hedge fund, which manages roughly $17.5 billion in assets, has sold its entire stake in Snap Inc., according to regulatory filings released late Friday.The SEC filings represent...
View ArticleSnapchat has 173 million users but it's struggling to grow outside North...
Snapchat announced that its audience grew to 173 million daily users in Q2. That's a nice improvement from the 143 million users it had one year ago, but it was 2 million users shy of the level Wall...
View ArticleI just lost a 159-day Snapchat streak and I couldn't be happier
On Friday morning, I woke up to realize I had lost a 159-day long Snapchat streak with a close friend of mine.I don’t want to be dramatic, but it was as if a part of me had died while I was...
View ArticleSnapchat added a new limited-time lens that turns you into Pikachu
Snapchat is known for it's silly face filters that turn users into puppies, rabbits, or honeybees.Starting Monday, Snap is partnering with The Pokémon Company to turn users into a new but familiar...
View ArticleDavid Tepper dumps all his shares of Snap
Appaloosa Management, the $7 billion hedge fund founded by David Tepper, sold off all of its 100,000 shares of Snap, Inc. during the second quarter, according to regulatory documents filed Monday.The...
View ArticleSnapchat's new AI could completely change the way we watch live events
After big concerts and festivals, your Snapchat feed is likely full of footage of the stage interspersed with your friends rocking out. With its new Crowd Surf feature, Snapchat wants to take your...
View ArticleSnap's lockup woes 'should now be behind the company' (SNAP)
One of investors' biggest worries about Snap is no longer an issue, according to Cantor Fitzgerald."Snap’s lock-up expiration began on 7/29 and consisted of 400M shares on that date, 782M shares on...
View ArticleKim Kardashian is being criticized for posting this Snapchat message...
The INSIDER Summary:Kim Kardashian posted two Snapchat videos defending beauty blogger Jeffree Star.Kardashian's fans brought up racist comments that Star made in past videos after the blogger...
View ArticleKim Kardashian has apologized for defending a blogger who made racist...
The INSIDER Summary:Kim Kardashian West was criticized for defending beauty blogger Jeffree Star, and urging fans to stop bringing up racist comments he made in past videos, over Snapchat.After...
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