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September 17, 2021

Snap Inc

Facebook’s Bosworth says glasses with cameras will be the norm in 10 years

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CNBC – For more and to sign up click here A LinkedIn photo of Facebook exec Andrew “Boz” Bosworth. Facebook’s Andrew “Boz” Bosworth, who runs the company’s hardware business, said Friday that the ability to take pictures will be a standard feature for glasses within a decade. Bosworth’s comments on......

Facebook pledges to restore more water than it uses by 2030 as part of effort to combat climate change

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CNBC – For more and to sign up click here Mark Zuckerberg, Chairman of Facebook, speaks on the second day of the 56th Munich Security Conference. The fight against propaganda campaigns and other attempts at manipulation costs Facebook billions every year. Tobias Hase | picture alliance | Getty Images Facebook......

Snap creators say they’re leaving the app’s Spotlight feature as payments dry up

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CNBC – For more and to sign up click here Joseph Melles is a content creator who has made thousands from Snap’s Spotlight feature, but he is now planning to post his content elsewhere after payments from the company have started to dry up. Courtesy of Joseph Melles Joseph Melles......

Big Tech dodged impact of Apple’s privacy changes in ‘red hot’ digital ad market… for now

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CNBC – For more and to sign up click here The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. Justin Tallis | AFP via Getty Images All eyes were on the potential negative impact of Apple‘s recent privacy changes on tech......

Facebook beats, but warns of significant growth slowdown

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CNBC – For more and to sign up click here CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Facebook shares fell as much as 5% in......

Here’s how much money you’d have if you invested $1,000 in bitcoin 1, 5 and 10 years ago

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CNBC – For more and to sign up click here Bitcoin has had a rollercoaster few months. The world’s biggest cryptocurrency by market cap hit an all-time high above $63,000 in April, but lost 50% of its value over the next three months. The coin’s price dipped below $30,000 as......

Shares of Snap soar more than 23% day after earnings beat

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CNBC – For more and to sign up click here Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Shares of Snap soared more than 23% Friday morning, as the company continued to ride its strong second-quarter earnings beat. The company posted 293 million global daily active users, compared......

Snap pops more than 16% on earnings beat and user growth

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CNBC – For more and to sign up click here Snap‘s stock rose more than 16% on Thursday after the company reported its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth. Here’s what Snap reported versus Wall Street’s estimates: Adjusted earnings per share: 10 cents vs.......

Stocks making the biggest moves after hours: Twitter, Snap, Intel and more

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CNBC – For more and to sign up click here The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines after the bell:  Twitter — Shares of Twitter jumped more than 4% after hours following......

Twitter posts fastest revenue growth since 2014 in pandemic rebound

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CNBC – For more and to sign up click here Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.......

Stock futures are flat after major averages turn positive for the week

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CNBC – For more and to sign up click here U.S. stock index futures were flat in overnight trading on Wednesday, after the major averages advanced during regular trading to turn positive for the week. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures......

Twitter to kill Fleets feature, its competitor to Facebook Stories

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CNBC – For more and to sign up click here Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Twitter on Wednesday announced it......

From Aerie to Zara, retailers are turning viral TikTok moments into sales gold

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CNBC – For more and to sign up click here A TikTok logo seen displayed on a smartphone. Filip Radwanski | SOPA Images | LightRocket | Getty Images When a Lululemon skort went viral across TikTok earlier this summer, 16-year-old Kylie knew she had to get her hands on it.......

Shuttered fitting rooms anger shoppers and boost returns. How these retailers are trying to fix that

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CNBC – For more and to sign up click here Marcos del Mazo | LightRocket | Getty Images On a recent trip to the fast-fashion retailer Zara, 20-year-old Katherine Hearden loaded up on tops, shorts and dresses in multiple sizes. With Zara’s dressing rooms still closed due to Covid-related restrictions,......

How influencers fit into Twitter’s plans to double revenue by 2023

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CNBC – For more and to sign up click here Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images Twitter’s been on a creator-focused tear. The company......

Apple announcements at WWDC show augmented reality is still its ‘next big thing’

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CNBC – For more and to sign up click here Apple released several new augmented reality tools and technologies for software makers during its annual WWDC conference this week. These technologies could be vital if Apple in fact releases an augmented reality headset or glasses in coming years. Apple has......

Tech companies made big pledges to fight racism last year — here’s how they’re doing so far

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CNBC – For more and to sign up click here Demonstrators gather at the Lincoln Memorial during a protest against police brutality and racism on June 6, 2020 in Washington, DC. Win McNamee Last June, social media feeds became flooded with corporate statements about how companies would promote racial equity......

Amazon’s ad revenue is now twice as big as Snap, Twitter, Roku and Pinterest combined

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CNBC – For more and to sign up click here Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images The major growth in Amazon‘s advertising unit means its revenue contribution is now 2.4 times larger than Snap, Twitter, Roku and Pinterest combined, and it’s growing 1.7 times as quickly,......

Snap CEO Evan Spiegel: We’re happy to pay Apple 30% — without Apple we wouldn’t exist

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CNBC – For more and to sign up click here Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Snap CEO Evan Spiegel on Friday said the social media company is happy to pay Apple’s 30% commission rate on in-app transactions. “We really feel like Snapchat wouldn’t exist without......

Snap reaches 500 million monthly users

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CNBC – For more and to sign up click here Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Snap said Thursday that its social media app Snapchat has reached 500 million monthly active users. This is a significant milestone for Snap, a company that refused multi-billion dollar acquisition......

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