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Latest Articles in Snap Inc
Snap Establishes New Division To Help Businesses Adopt Its AR Tech
This new venture is being led by Jill Popelka, who joined Snap as Head of AR Enterprise Services and is building a global team that spans strategy, customer experience, sales, product, product marketing, customer support and ecosystem development
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Snap To Lay Off 20% Employees, Cancel Projects
The cuts will help the company save an estimated USD 500 million in costs annually
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Snap Launches Tools For Parents To Monitor Teens’ Contacts
The new feature called Family Center, which allows parents to see who their teens are talking to, but not the substance of their conversations
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Snap Says Revenue Growth Does Not Depend On More Users, Engagement
Spiegel said Snap can grow its average revenue per user as it continues to develop augmented reality products like photo filters and add more media content, such as shows within its discover feature.
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Snap Misses User Growth Estimates, Shares Fall
Revenue from ad sales jumped about 17% to $454.2 million during the quarter, above estimates of $440.8 million.
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Snap Shares Rise 20% As Coronavirus Spurs Use, Revenue Growth Beats Street
Snap's net loss declined slightly to $305.9 million, or 21 cents per share, from $310.4 million, or 23 cents per share, a year earlier.
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