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Snap Reportedly Plans To Lay Off 20% Of Workforce Just Weeks After CEO Closed Deal For $120M Mansion
Wednesday, August 31, 2022 - 6:29am | 401Read More...Snap Inc (NYSE: SNAP), the parent company of the social media app Snapchat, plans to lay off around 20% of its workforce, The Verge reported on Tuesday. This report comes just weeks after Snap founder and CEO Evan Spiegel closed the deal — which was said to be in the...
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Snap Working On Plan to Lay Off Employees Amid Fundamental Woes: Report
Tuesday, August 9, 2022 - 1:17am | 344Read More...Snap, Inc. (NYSE: SNAP), the parent of Snapchat, could reportedly join a bevy of tech companies that are either slowing hiring or eliminating jobs. Santa Monica, California-based Snap is in the early stages of planning job cuts, the Verge reported, citing people familiar...
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Forget Pokemon: Snapchat Wants You To Hunt For Ghosts In AR Game
Thursday, July 28, 2022 - 4:43pm | 575Read More...Fans of augmented reality games may have another creature to catch after years of chasing Pikachu and other Pokemon on the mobile game “Pokemon Go.” A new game from Snapchat will have gamers chasing ghosts. What Happened: The first augmented reality game from Snapchat, owned by parent...
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Snapchat Parent's Co-Founders Agree To $1 Annual Paycheck After Dismal Q2 Numbers
Thursday, July 21, 2022 - 11:17pm | 389Read More...Snapchat parent Snap Inc (NYSE: SNAP) co-founders Bobby Murphy and Evan Spiegel have agreed to serve in their respective executive roles for a compensation of $1 per year. What Happened: Murphy and Spiegel entered into “new long-term employment agreements” with Snap to serve as chief...
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Snap Q2 Earnings Highlights: Stock Tanks On No Q3 Guidance, Revenue And EPS Miss
Thursday, July 21, 2022 - 4:37pm | 512Read More...Camera company and Snapchat parent company Snap Inc (NYSE: SNAP) is falling after-hours Thursday after reporting second-quarter financial results. Here are the key highlights. What Happened: Snap reported second-quarter revenue of $1.11 billion, up 13% year-over-year. The total came in shy of a...
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Outgoing Secret Service Director To Join Snapchat Parent As New Security Chief
Thursday, July 7, 2022 - 10:33pm | 526Read More...Snap Inc (NYSE: SNAP) is reportedly roping in the head of a top federal law enforcement agency as its new chief security officer. What Happened: Outgoing U.S. Secret Service Director James Murray will assume his new role in Snapchat's parent company after his term...
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Why Snap Shares Are Falling Today
Tuesday, May 24, 2022 - 8:27am | 424Read More...Snap Inc (NYSE: SNAP) shares are trading significantly lower Tuesday morning after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it expects to miss its previously-issued guidance. "The macroeconomic environment has deteriorated further and...
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Snap CEO Hints At Hiring Slowdown, Spending Cuts After Warning Of Q2 Shortfall
Tuesday, May 24, 2022 - 5:00am | 433Read More...Snap, Inc. (NYSE: SNAP) shares tumbled to a two-year low in after-hours trading on Monday after the Snapchat parent company warned that it may miss its second-quarter guidance. Following an 8-K filing to this effect, the company's CEO Evan Spiegel reportedly sent an internal...
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Wanna Get Your Hands On A Pixy Flight Pack Drone? Oh, Snap! You Are Staring At A Long Waiting Time
Monday, May 9, 2022 - 7:05am | 516Read More...There’s a nearly four-month wait ahead for people eager to get their hands on one of Snap Inc’s (NYSE: SNAP) Pixy drones. The social media operator’s CEO admitted to a journalist that they “should have made more.” What Happened: The wait...
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Snapchat's Stock Soars 60% On Q4 Earnings: What Investors Need To Know
Thursday, February 3, 2022 - 6:23pm | 337Read More...Snap Inc (NYSE: SNAP) shares are soaring in after-hours trading after reporting fourth-quarter and full-year 2021 financial results. What Happened: Snap reported quarterly revenue of $1.3 billion, which beat the $1.2 billion estimate. The company reported quarterly adjusted earnings of 22...
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Why Pinterest Shares Are Falling Today
Friday, October 22, 2021 - 11:50am | 365Read More...Pinterest Inc (NYSE: PINS) is trading lower Friday amid weakness in social media stocks following worse-than-expected third-quarter financial results and soft fourth-quarter guidance from Snap Inc (NYSE: SNAP). Snap reported quarterly adjusted earnings of 17 cents per share,...
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Why Twitter Shares Are Trading Lower Today
Friday, October 22, 2021 - 8:46am | 316Read More...Twitter Inc (NYSE: TWTR) is trading lower Friday following Snap Inc's (NASDAQ: SNAP) third-quarter financial results. Snap reported worse-than-expected third-quarter revenue results and issued fourth-quarter guidance below estimates. See Also: Analysts Lower Price Targets On...
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Why Facebook Shares Are Sliding Today
Friday, October 22, 2021 - 8:44am | 317Read More...Facebook Inc (NASDAQ: FB) is trading lower Friday following Snap Inc's (NASDAQ: SNAP) third-quarter financial results. Snap reported worse-than-expected third-quarter revenue results and issued fourth-quarter guidance below estimates. The company said advertising revenue was...
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Why Snap Shares Are Tumbling Today
Friday, October 22, 2021 - 8:42am | 361Read More...Snap Inc (NYSE: SNAP) is trading significantly lower Friday after the company announced worse-than-expected third-quarter revenue results and issued fourth-quarter guidance below estimates. Snap reported quarterly adjusted earnings of 17 cents per share, which beat the estimate of 8 cents per...
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15 Under 40, 14 Over 90: A Look At The Youngest And Oldest Members Of The Forbes 400 List
Saturday, October 9, 2021 - 9:58am | 1220Read More...The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes. The Forbes 400 List: The...















