All eyes on Snap after shock Thursday wiped 24 off share price Snap shares fall 24% yesterday in after-hours trade as the social media group posted its outlook for Q4, citing Apple's new privacy policies as the cause.
Snap shares jump as it smashes user and revenue targets Snap shares jump as it smashes user and revenue targets Shares in Snap have soared in after-hours trading after the social media group smashed forecasts for its user numbers and revenue in the second quarter. The California-based owner of Snapchat saw its shares jump more than 17 per cent after markets closed as it booked its highest growth rates since late 2017. Daily active users [...]
Snap launches new video editing app in bid to take in Tiktok Snap launches new video editing app in bid to take in Tiktok Snap today unveiled plans for a new standalone app offering professional levels of video editing as it looks to challenge the dominance of rivals Tiktok and Instagram. The US tech firm, which owns Snapchat, said Story Studio will give social media stars powerful editing tools to make professional content for mobile. It will also introduce [...]
The City View: Out of maternity leave and into a pandemic, with Snapchat VP Claire Valoti September 3, 2020 In this episode Christian talks to Claire Valoti, Vice President (International) of messaging giant Snapchat – a platform used by more than 80 per cent of the UK’s 13 – 24 year olds. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Claire came out of maternity leave at the end of March and straight into a global [...]
Channel 4 to air Hollyoaks on Snapchat as it targets young viewers June 4, 2020 Channel 4 today said it will air Hollyoaks on Snapchat as part of a fresh deal to bring more than 300 episodes of its TV programmes to the social media app over the next year. From today the broadcaster will show short-form edits of the soap opera favourite on Snapchat’s Discover section. The Undateables, The [...]
Snapchat shares jump as coronavirus lockdown boosts user numbers April 22, 2020 Snapchat has reported a sharp spike in user numbers during the first quarter as millions of people turned to the social media app during the coronavirus lockdown. Parent company Snap said daily active users rose 20 per cent year on year to 229m in the first three months of 2020. Revenue also grew 44 per [...]
NBCUniversal quietly offloads $500m Snapchat stake March 9, 2020 NBCUniversal has quietly offloaded its $500m (£381m) stake in Snapchat as the US media giant ramps up preparations for its new streaming service. Parent company Comcast acquired the shareholding in March 2017 when Snap completed its initial public offering. The investment was passed to NBCUniversal, which then quietly sold off the stake last year. NBCUniversal [...]
Snapchat says it fact checks political ads in dig at rival Facebook November 18, 2019 Snapchat boss Evan Spiegel has revealed that his platform fact checks all political ads, as he took a swipe at rival social media firm Facebook. Read more: Mark Zuckerberg defends politics ads on Facebook after Twitter ban Tech giants have come under fire in recent months over their failure to crack down on adverts that [...]
Just can’t get the staff these days? Brush up on data security May 31, 2019 Unemployment is at its lowest rate since the early 1970s. This is good news for those preparing to leave the nation’s schools, colleges, and universities over coming months, as they begin their climb up the career ladder. Employers, however, may view the latest figures from the Office for National Statistics with concern. There may be [...]
Post-Maybot, the Tories are on the hunt for a likeable leader May 30, 2019 Every Tory leadership election has a flavour. In 2016, after childishly airing our dirty laundry to our European neighbours during the bitter referendum, a sheepish UK was looking for a “grown-up”. Six years of boyish David Cameron making rash decisions on behalf of the country had taken its toll on the Conservative party, and the [...]