snapchat
Snapchat’s Bouncing Back?

Snap Inc. has been slowly righting its ship recently, stymying its nose-diving stocks prices and exodus of users. The Snapchat creator’s Q2 2019 earnings imply that things are looking up. Read More >>

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Snap Reportedly Settled With Multiple Female Employees Who Said Layoffs Targeted Women

Two cost-cutting rounds of layoffs affected hundreds of Snap employees last year beginning in March. While the company, which owns Snapchat, maintains that the majority of these employees were men, a greater number of employees across some teams who worked directly with the company’s top brass and were laid off were women, the Wall Street Journal reported Wednesday. Read More >>

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Snap is Now Slightly Less Screwed

Snap Inc., the company behind the Snapchat app and a failed line of wearable cameras, is slightly less fucked than it was before, according to Q4 2018 earnings released on Tuesday. Read More >>

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Snapchat: So, About Those Public Stories That Automatically Disappear… Would You Miss Them

Snapchat owner Snap Inc. has had a rough go of it lately. Its stock, which hit the market at $17 per share (~£13) (and peaked at $29.44 (£22.30)) during its initial public offering in March 2017, is in the gutter – a high of $6.54 (£5) so far in 2019. It’s seemingly hit a wall in growth, and it’s still bleeding cash. A major update to the app last year was hated on by so many users Snap was forced to issue a redesign of the redesign. Read More >>

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Snapchat is Still a Mess

Earlier this year, Snapchat owner Snap Inc. saw its stock plummet after a brutal first-quarter report that saw it come in over $13 million short of $244 million earnings expectations. Spoiler alert: The pain is not stopping. Read More >>

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The Highest-Paid CEO in the US Reportedly Decided to Mess Up Snapchat All By Himself

Snap’s stock price is now hovering around its lowest point ever since the company went public last year. Yet, its whiz-kid founder, Evan Spiegel, was 2017's highest-paid CEO, taking home $504 million (£327 million). And according to a new report, Spiegel is almost single-handedly responsible for Snapchat’s biggest mistake. Read More >>

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Here’s What Snapchat’s Desperate Gamble on a Redesign Allegedly Looks Like

Snapchat, which desperately needs to attract more users as its parent company Snap finds itself swirling the drain just eight months post-IPO (it’s fucked), announced in an earnings report earlier this week it is planning a major redesign in an attempt to attract a new demographic (the olds). According to Business Insider, the launch date for Snap’s last-ditch gamble is pretty soon: 4th December. Read More >>

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It Sounds Like Snap Spectacles Turned Into a Massive Boondoggle

This is kind of a sad story. In November, Snap Inc blew everybody’s mind by releasing a surprisingly interesting piece of hardware. The camera-equipped sunglasses called Spectacles worked with Snapchat and looked cool. But a year later, the company reportedly has “hundreds of thousands” of unsold Spectacles sitting in warehouses in China. It’s unclear if any of them will ever see the light of day. Read More >>

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Teens Have Brought Back The Chain Letter In The Most Annoying Way Possible

If you're feeling old and curmudgeonly this chilly Monday morning, we've got something you can attribute it to. Those blasted youths have found another way to be annoying via social media. Read More >>

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Snap Will Say Literally Anything to Prove Its Stock Is Worth It

Just hours before Snap Inc. is set to price its initial public offering, The New York Times published a humdinger of a report. According to three anonymous sources, the company is building a drone in an attempt to be “a modern-day camera company.” Seems desperate. Read More >>

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Brexit Be Damned: Snapchat’s On A Hiring Spree In The UK

Finally, some good news for Brexit Britain: the company behind Snapchat is actively growing its London office, their largest outside the US. The company, now known as Snap Inc since diversifying into wearables, says that Britain's creative culture led them to make the decision to establish a base here. Well, it certainly wasn't the climate (economic or otherwise). Read More >>

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Filthy Rich Snapchat Bro Is About to Get Even Richer

Reports have emerged that Snap, Inc., the parent company of Snapchat, has begun the process for an initial public offering that could happen as early as March. According to the Wall Street Journal, the IPO could value the company at between $20 billion and $25 billion, which means CEO Evan Spiegel is about to have a very, very nice wedding. Read More >>