Snap shares plunge 30% in the wake of quarterly loss, layoffs
Shares of Snapchat parent Snap plunged on Tuesday after the company reported a loss in the final three months of 2023.
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Teens’ social media drops slightly; YouTube dominates, survey finds
Teen usage of social media hasn’t dropped much, despite rising concerns about its effects on the mental health of adolescents, a survey from the Pew Research Institute found.
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Report: ‘Delete Snapchat’ searches soar 488% after intro of ‘My AI’ feature
Analysis of Google search data reveals that online searches for ‘delete Snapchat’ exploded 488% worldwide after the social media giant introduced the My AI feature to all user accounts.
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@MyAI: Snapchat makes chatbot ChatGPT available to all users
Snap, the company behind Snapchat, announced on Wednesday that its customizable My AI chatbot, is now accessible to all users within the app. The feature, which is powered by the viral AI chatbot ChatGPT, was previously only available to paying Snapchat+ subscribers.
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Snapchat is latest tech firm to cut jobs: 20% of global workforce
Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employees. Here are the details.
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Parental control finally comes to Snapchat: Check out Family Center Tool
Snapchat on Tuesday introduced its first parental control center, nearly 10 months after an executive from the company told Congress it was developing tools aimed at helping parents keep their teens safe.
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Snap’s bad news drags down rest of the market along with its own stock
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.
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Snap tests a new subscription service: Snapchat +
Social media company Snap may be jumping on the paid subscription service bandwagon with a new offering called Snapchat+. Here are the details.
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No more 24: Twitter’s ‘fleeting thoughts’ posts are disappearing
Most major social media platforms have tried a version of Snapchat’s Stories, but Twitter is the first to admit its experiment with disappearing content failed.
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