Twitter shareholders spooked by 2019 outlook despite strong full-year results February 7, 2019 Twitter shares were down eight per cent this afternoon as it announced mixed full year results peppered with strong financials for 2018 but weak forecasts for the year ahead. The social media giant was under pressure to beat analyst expectations after strong report cards from Facebook and Snap. But despite succeeding for the year ending [...]
Professional headshots can be a minefield – especially if you take them too seriously February 7, 2019 TAKE a look at that picture of me. No tie or jacket. Not even a shirt for that matter. Hair a little on the louche side. Facing the camera squarely. Chin jutting out a bit, if we’re honest. And pixels. Lots of pixels. It’s not a professional photo, either in standard or purpose. But it’s [...]
Snap shares rise almost 30 per cent as strong results convince investors February 6, 2019 Shares in Snap have risen almost 30 per cent today, after a bumper set of results acted as a boon to investors looking for signs the tech firm could be revived. The parent of photo-sharing app Snapchat trounced consensus estimates in its fourth quarter, reporting a revenue rise of 36 per cent to $389.8m (£300.9m), [...]
Snap shares soar as it reports minimal quarterly losses and beats revenue estimates February 5, 2019 Shares in Snap jumped more than 20 per cent in after-hours trading tonight, as it trounced consensus estimates on revenue and quarterly losses. Revenue in the three months to 31 December increased 36 per cent to $389.8m (£300.9m), beating the average analyst estimate of $379.4m as collated by S&P Global Market Intelligence. The company's net loss fell [...]
Social media sites must take legal responsibility for child safety, states tech committee January 31, 2019 Social media sites must take on legal responsibility for the health and wellbeing of children of their platforms, a parliamentary committee has found. The Science and Technology Committee (STC) today said tech giants such as Facebook, Instagram and Snapchat must be subject to a formal legal duty of care for their users. Read more: Social media [...]
Snap shares plummet as its finance chief’s departure takes a toll on investor nerves January 16, 2019 Shares in Snap have opened this afternoon down almost 12 per cent, after news broke of its chief financial officer's impending departure late last night. The company's shares dipped more than eight per cent in after-hours trading, before falling even further as markets opened today to an 11.8 per cent drop. Snap said in a [...]
Snap loses its second finance chief in less than a year, following a string of executive exits January 16, 2019 The chief financial officer of Snap is to resign after spending less than 12 months in the role, sending the social media platform's share price down more than eight per cent in after-hours trading. Tim Stone, who joined Snap from Amazon in May, is only the latest executive to leave the parent company of photo-sharing [...]
Snapchat filter brings Big Ben back to life for Christmas December 20, 2018 Snapchat today unveiled a new filter that will bring Big Ben back to life for Westminster visitors over the Christmas period. The iconic clock tower is currently undergoing repair work and the Great Bell, known as Big Ben, has been silent since August last year. But the photo app will now strip away the scaffolding, [...]
The seven trends in the digital sport world to look out for in 2019 December 11, 2018 This has been a transformative year for the digital sport landscape, from tech giants Amazon and Facebook making major rights acquisitions to a rise in behind-the-scenes and self-authored content. Here, Charlie Beall of consultancy Seven League assesses the trends that dominated 2018 and look set to shape the next 12 months. 1. Athletes becoming media As [...]
Snap’s IPO to be probed by US authorities over weakened share price November 14, 2018 The initial public offering (IPO) of social media giant Snap is to be probed by the US Department of Justice and the Securities and Exchange Commission (SEC), following on ongoing lawsuit against the firm. Snap confirmed it had responded to requests for information from the two US authorities in a statement this morning, after the [...]