Snap Inc

Sharks are circling TikTok after House lawmakers last week passed a bill that if signed into law would essentially ban the app in the U.S. — unless China-based owner ByteDance sells it to a company without ties to the Chinese Government. Should the ban take effect, three of TikTok’s competitors stand to benefit the most: Meta, Alphabet, and Snap Inc. These companies could see a bump in engagement on their short-form video platforms and get a split of billions in revenue, Wall Street analysts said. “Given the…

Welcome back to Gizmodo’s March Madness bracket challenge to name the greatest app of all time! Flappy Bird punched above its weight in yesterday’s contest but ultimately folded and with 54 percent of the vote, iMessage advances to the next round. Today, the Dick Pic app goes toe-to-toe with the short-form video platform that was too good for this world. If you’re just tuning in, you can read all about our selection criteria for this historic contest right here. And as always, if you think we missed your personal favorite…

At a time when Snapchat’s parent company Snap Inc is recalibrating its focus on some of its key money-making markets like North America and Europe, the messaging app’s investments in India continue to drive monetisation of its more than 200 million monthly users, Snap India managing director Pulkit Trivedi told ET in an interview. “India continues to be a growth country for Snap and we’re looking at India in a very different way given that there is a huge headroom to grow on the community side as well as on the…

February 5, 2024 @ 6:33 AM Snap will be undergoing a 10% workforce cut as the tech company announces layoffs, equating to around 529 employees.  CEO Evan Spiegel expects the company will incur charges ranging from $55 million to $75 million as a result of the cuts, according to a regulatory filing.  “In order to best position our business to execute on our highest priorities, and to ensure we have the capacity to invest incrementally to support our growthover time, we have made the difficult decision to…

A couple of years ago, Snap (the company behind Snapchat) decided that the selfie production pipeline needed to be improved upon. Bathroom mirrors and selfie sticks were not cutting it. No, no, Snap decided that the next evolution in the art of taking pictures of yourself would involve a flying robot. Lisa Frankenstein's Crew on Casting the Right Stars So it launched the Pixy, a tiny yellow drone designed to follow you around and take cute candids of you while you did stuff. The product, which retailed between $185 and…

January 31, 2024 @ 9:32 AM Senator Amy Klobuchar tore into the CEOs of social media companies attending a Congressional hearing on child safety Wednesday, calling out platforms Meta, X, Snap, TikTok, and Discord for dragging their feet over legislation.  On Wednesday, the CEOs of all five companies appeared in front of a Senate hearing to discuss the safety and protections of minors on their platforms.  Klobuchar grilled the CEOs on whether they supported bills like STOP CSAM and the Shield Act to…

Photo: NIKOLAY DOYCHINOV/AFP (Getty Images)In the summer of 2022, 18-year-old Aditya Verma was boarding a flight to Spain at London’s Gatwick Airport when he sent a message to his friend on Snapchat: “On my way to blow up the plane (I’m a member of the Taliban).” As you might expect, the message was a joke. Unfortunately, the kid happened to be using the airport’s WiFi network when he sent it.Why Banning TikTok Won’t Protect Our Privacy Several hours later, when Verma deplaned at his destination, he was arrested and…

A disturbing cyberattack on Discord reportedly sent some University of California, Irvine students to the hospital on Wednesday, according to a CBS News report. Hackers infiltrated student Discord servers and bombarded them with graphic images that reportedly traumatized students, causing them to cry, vomit, and even require medical assistance.“There were some things on there that I just could really not unsee,” student Alina Kim told CBS. “Very graphic, violent.”Roughly 3,000 students witnessed the gory cyberattack where…

Image: BigTunaOnline (Shutterstock)In the wake of Instagram effectively killing its reliance on Linktree, the social media landing page service has found a new titan to partner with. Snap and Linktree are partnering to bring the service to Snapchat profiles. Twitter Verification is a Hot MessAs TechCrunch reports, Snap announced the rollout of the integration today, and in the past, the platform has only offeredbrands and Snap Stars the ability to add links to their profile bio. After a trial period last year, the new…

Image Source : FILE Snapchat+ achieves impressive milestones with over 4 million paid users Snap, the parent company of Snapchat, has announced that the subscription service 'Snapchat+' has crossed 4 million subscribers in its first year since launching. The Snapchat+ subscription offers access to exclusive, experimental and pre-release features, the company said in a…