Snap

Snapchat crosses over 750 mn monthly active users, announces CEO Spiegel

Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday.

A banker turned tech maven: Meet Sandhya Devanathan, Meta India head

Devanathan takes over the India operations after the previous incumbent, Ajit Mohan, resigned to join social media company Snap Inc

Musk sets up A team to rejig Twitter, seeks to change verification process

According to a report from The Verge, he has asked employees to change Twitter Blue, a monthly subscription service costing $4.99 to a much more expensive new subscription

Snapchat lowers payout for Spotlight creators for the second time

Recently, the company had reported that its revenue grew 6 per cent year-over-year (YoY) to $1,128 million in the third quarter of 2022

Snap beats user, revenue estimates with highest growth in 4 years

(Reuters) -Snap Inc on Thursday beat Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapchat attracted more users.

India's ShareChat raises $502 mn from Snap, Twitter, others: Details here

The funding was led by U.S. venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on Thursday

Sharechat-owned video app Moj partners with Snap Inc for Snapchat lenses

Under the deal, Moj's team will access Snapchat's Lens Carousel directly inside the app when creating content; Moj will develop more than 400 lenses over multiple phases for its community

Another round of layoffs: Snap fires 18 more employees, to slow hiring

However, Snap has not said if additional layoffs are coming

Snap shares wither more as filings show some investors bailing

Wall Street is increasingly worried that Snap is succumbing to competition from Instagram

High-profile Snap stakeholders revealed in regulatory filings

Hedge-fund manager Daniel Loeb's Third Point owned 2.25 million shares in Snap

Snap's $2.2-billion loss caps bumpy Q1

Yet just 2 months into its life as a public company, Snap's celebration may already be ending

Snap bets on hardware as Facebook threat looms

GoPro's stock sits 61 per cent below its 2014 IPO price

Snap shares its past, present and future with IPO roadshow video

Here are five key moments from the video presentation

Snap seeks IPO valuation up to $22.2 bn

The company generates the majority of its revenue from advertising

Snap's IPO to be haunted by Twitter and GoPro

Snap explained that its users tell stories chronologically, unlike the Twitter timeline

At Snap, cost of hosting sets high bar for revenue growth

Snap revealed in its IPO prospectus, that it will pay Google at least $2 billion over next five yrs

Snap selects New York Stock Exchange for its IPO: Source

Snap and Intercontinental Exchange declined to comment

Snap may publicly file for IPO late next week

The company aims to raise as much as $4 billion in its IPO