Scott Myers, the head of Snap's AR glasses subsidiary Specs, leaves after six years; sources say Myers left after a “blow-up” with Evan Spiegel over strategy
My chat with CEO Dylan Field ahead of today's earnings call. Also: Snap loses its head of Specs right before the big launch …
Snap says its direct revenue business has hit a $1B annualized revenue run rate, driven primarily by Snapchat+ surpassing 25M subscribers since its 2022 launch
Snap's direct revenue business has reached a $1 billion annualized revenue run rate, the company announced on Wednesday.
Meta, TikTok, and Snap agree to undergo independent assessments to rate how effectively they protect teen users based on ~24 standards developed by experts
A system of two dozen standards was developed by mental health experts to assess how well social media platforms protect young users.
Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., forecasts Q1 revenue below est., and announces a $500M buyback
Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings that beat on sales.
Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., and announces a $500M share buyback; SNAP jumps 5%+ after hours
Snap blocked 415K+ Australian accounts as of January to comply with the under-16 social media ban and warns its implementation has “real technical limitations”
Snap launches a wholly-owned subsidiary called Specs Inc. for its upcoming AR glasses, in a bid to facilitate minority investment and offer distinct branding
Snap launches a wholly-owned subsidiary called Specs Inc. for its upcoming AR glasses, in a bid to facilitate minority investment and offer distinct branding
Specs will now be launched under... Specs. … Snap is launching a separate business for its upcoming Specs augmented reality glasses …
TikTok settles a California lawsuit ahead of a landmark social media addiction trial; Snap recently settled the suit, while Meta and YouTube remain defendants
The settlement means TikTok will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective …
TikTok settles a California lawsuit ahead of a landmark social media addiction trial; Snap recently settled the suit, while Meta and YouTube remain defendants
The settlement means TikTok will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective …