snap

Snap shares plunge 30% in the wake of quarterly loss, layoffs

Posted by Jodi Leese Glusco | Feb 7, 2024

Shares of Snapchat parent Snap plunged on Tuesday after the company reported a loss in the final three months of 2023.

Judge: Google, Meta, Snap and TikTok must face teen addiction claims

Posted by WRAL TechWire | Nov 15, 2023

Major social media companies must face allegations that their services addicted teen users and caused other mental health harms after a federal judge on Tuesday denied a motion to dismiss the bellwether lawsuit filed by a wave of consumer plaintiffs.

Snap’s bad news drags down rest of the market along with its own stock

Posted by WRAL TechWire | Jul 22, 2022

The company posted a quarterly net loss of $422 million, compared to a $152 million loss in the same quarter last year. As recession concerns grow, Snap is finding it hard to convince digital advertisers to come onboard.

Snap tests a new subscription service: Snapchat +

Posted by WRAL TechWire | Jun 22, 2022

Social media company Snap may be jumping on the paid subscription service bandwagon with a new offering called Snapchat+. Here are the details.

Snap – just like that – stock plunges 43%; other social media stocks plunge, too

Posted by WRAL TechWire | May 25, 2022

With Wall Street unsure if Snap is an outlier or a canary in the social media coal mine, shares of Facebook parent Meta Platforms, Twitter, Alphabet and Pinterest all slumped alongside it.

Social media stock prices plummet following regulatory filing from Snap’s parent company

Posted by Jason Parker | May 24, 2022

The stock prices of many publicly-traded social media companies are taking a beating today, following a disclosure from Snap.

Apple’s new privacy rules hammer Snapchat, its parent Snap stock plunges

Posted by WRAL TechWire | Oct 22, 2021

Shares of Snap, which owns the popular photo and video app, plunged as much as 25% in after-hours trading following the company’s earnings report Thursday. The report warned that its revenues had been affected by changes to advertising metrics on iPhones.

Tech toy video must-see: Snap pushing smart glass envelope with augmented reality

Posted by WRAL TechWire | May 21, 2021

As Google Glass fades from memory, Snap continues to push development of the smart glass concept with Spectacles. The latest frontier is the addition of augmented reality. Check out this photo and video.