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1 min read
Snapchat creates $3.5 million fund to push its AR capabilities even further
Photo-messaging app Snapchat on Thursday announced an investment of $3.5 million to expand its supp…
2 mins read
Snapchat and Telegram usage spiked while Facebook was down
Telegram gained 70 million new users and Snapchat use reportedly increased by over 20% while Facebo…
Emily Walsh
1 min read
Twitter's stock has fallen so much that Elon Musk's $1.1 billion profit is now a $40 million loss
Twitter has fallen 31% over the past four weeks, wiping out the entirety of Elon Musk's $1.1 billio…
George Glover
2 mins read
US stocks end higher in volatile session as traders assess rate outlook and bank concerns
Volatile trading on Thursday saw the S&P 500 erase a gain of nearly 2% as investors geared up for m…
Matthew Fox
1 min read
Snap stock is facing a double-digit sell-off after earnings for the 5th straight quarter. Here's why investors are panicking.
The Snapchat parent gave investors little reason to cheer, and it shared a revenue forecast lower t…
Phil Rosen
2 mins read
Nasdaq futures fall after Snap's downbeat results rattle investors' faith in earnings season
The Snapchat owner's earnings miss cast cold water on hopes of avoiding an economic slowdown ahead …
Karen Friar
2 mins read
Snap plummets 38% as CEO warns the economic downturn will lead to slower hiring and lower revenue growth
Evan Spiegel wrote that economic factors have hit revenue growth and that hiring for new roles will…
George Glover
2 mins read
Snap soars 23% after a stunning Q2 earnings beat, while Twitter jumps 4%
Both social media companies beat analyst expectations for earnings. Twitter reported its fastest ra…
Shalini Nagarajan
1 min read
Snap stock soars 37% after earnings blowout, adding $15 billion to the Snapchat owner's market value
The social-media group swung to $56 million in adjusted profits and added 11 million daily active u…
Theron Mohamed
2 mins read
How much Snap pays employees in the US
Data reveals salaries at Snap, including engineering, product, research, and other roles at the Sna…
Ashley Rodriguez,Dan Whateley
2 mins read
Twitter jumps 10% after Elon Musk is appointed to its board of directors, agrees to limit stake to 14.9%
"Looking forward to working with Parag & Twitter board to make significant improvements to Twitter …
Matthew Fox
2 mins read
JPMorgan downgrades Facebook parent Meta for the first time ever and removes it from its top-ideas list after earnings disaster
Meta stock is undergoing a valuation re-rating that now makes it cheaper than the S&P 500 index on …
Matthew Fox
2 mins read
3 of Snap's top leaders have made multimillion-dollar home purchases in the last year amid a major comeback for the company
These three major home purchases follow a breakout year for Snap in which shares of the company's s…
Avery Hartmans
2 mins read
Snapchat now allows you to meditate through its app
Snap Mini X Headspace feature provides a safe space for friends to practice meditation and mindfuln…
2 mins read
US futures rise and the dollar steadies as investors brace for the Fed's upcoming meeting and Big Tech earnings
US futures gained momentum ahead of a busy week with the Fed meeting and a slew of corporate earnin…
Zahra Tayeb
4 mins read
The top influencer mansions where creators make content for TikTok and YouTube
This week's rundown includes how fast-fashion brand Princess Polly became a Gen-Z favorite in 2020 …
Amanda Perelli
1 min read
Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company
Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after th…
Matthew Fox
1 min read
US stocks slide as blowout jobs report points to aggressive path of Fed rate hikes
The US economy added 467,000 jobs in January, well beyond the estimate for 150,000, sending bond yi…
Carla Mozée
4 mins read
Millennials love Snapchat's stock
"Snap just felt like the IPO of my time and seeing where Facebook and Amazon are now, I really thin…
Jonathan Garber
4 mins read
Snapchat's Evan Spiegel goes from innovator to imitator
In this week's edition of the Insider Tech newsletter, we look at Snapchat's TikTok envy, and we ce…