Page 3 - Snapchat

Snapchat planning to lay off employees after disappointing Q2CY22 numbers

The net loss of Snapchat widened to $422 million in Q2CY22, nearly tripling from $152 million in the same quarter in 2021

After 'substantial' new hiring cuts, Snapchat planning to sack workers

Joining the league of Big Tech companies who have laid off employees, photo-sharing platform Snapchat is set to sack workers and is in early stages of planning layoffs.

Meta-owned Facebook algorithms are losing ground to Europe's madmen

The economy is weakening, and so is demand for advertising - at least, that's how Facebook parent Meta Platforms Inc. justified its first-ever quarterly decline in revenue last week

Snapchat to pay musicians up to $100K/month for top-performing songs

Popular social media platform Snap, the parent company of Snapchat, has announced a new creator fund that will award independent musicians up to $100,000 per month

Snapchat makes chat, video calling available for first time on web

To begin with, the web platform will be available exclusively for Snapchat Plus subscribers in the US, the UK and Canada, and Snapchatters across Australia, and New Zealand.

Snapchat's parent company onboards US Secret Service chief James Murray

In his new role, Murray will help protect the safety and security of the company's employees and will also work with law enforcement when necessary

Snap's paid subscription 'Snapchat Plus' now live for $3.99/month

The company said that it will be available at launch in the US, Canada, the UK, France, Germany, Australia, New Zealand, Saudi Arabia, and the UAE

Snapchat slows down hiring, to only hire 500 more people this year

CEO Evan Spiegel told employees that company plans to hire 500 people this year, versus 2,000 it hired over past 12 months, after warning investors that its revenue wouldn't grow as fast as expected

Top headlines: Govt may restrict sugar exports; Snap shares fall 30%

Business Standard brings you top news of the evening

Snap shares fall after cutting forecast, shock spreads to rivals

Social media stocks were on course to shed more than $100 billion in market value following Snap's announcement

At 33.2 cr users, Snapchat growing faster than Facebook, Twitter

Social media platform Snapchat is growing faster than Facebook and Twitter and in its latest quarterly report, the platform said it grew its daily active users (DAUs) 18 per cent to 332 crores.

On Android, YouTube Music users can now share songs with Snapchat

Snapchat sharing for YouTube Music was enabled on iOS in October and now a new report has claimed that it is available on Android.

Snapchat turns off public heatmap as a safety precaution in Ukraine: Report

The Snap Map displays a colour code to show how many people are posting public images in an area. In practice, that means you can get a good idea of where Snapchat users are concentrated

Snapchat utilising India learnings to tap into new markets: CEO Spiegel

'Our expansion efforts in India continue to prove successful, and we are using our learnings to inform how we approach community growth in new geographies,' he said

Snap and Pinterest stocks soar after results dispel Facebook fears

Both companies topped Wall Street predictions with sales and earnings, with Snap even posting a surprise profit -- its first as a publicly held business

TikTok is the future of social media, agree Meta, Snapchat

In an earnings call, Snap CEO Evan Spiegel said that less time is being spent watching Stories from friends on Snapchat

Google Cloud, Snapchat, Spotify come back online after brief global outage

Multiple social media apps such as Snapchat, Spotify and Alphabet's Google Cloud appeared to be coming back online after a brief global outage on Tuesday.

Snapchat touches 100 mn users in India, eyes more localised experiences

Snapchat on Wednesday said the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators

YouTube, TikTok, Snap executives face senators on kids' safety

The three platforms are woven into the fabric of young people's lives, often influencing their dress, dance moves and diet, potentially to the point of obsession

Snapchat suffers outage, users can't post or send messages

Popular social media app Snapchat went down globally on Wednesday evening and several users were unable to post story updates or send messages