Snap Inc.

A Single Snapchat Might Change the Way We Define Free Speech

On Wednesday, the Supreme Court will be hearing a case that started with a few swears shared on one teen’s Snapchat account, before turning into a major suit that tests the limits of what students are allowed to say on their campus. At the center of the case is Brandi Levy, who in ninth grade…

Tech Policy Shoshana Wodinsky Apr 26

Snapchat Is Once Again Pivoting Back to News

Snap, parent company of Snapchat, is trying to do the whole social media platform tries to lure journalistic outfits into producing content for them thing again, per a report in the Information on Tuesday. Details are limited. But the Information’s sources said that Snap is talking with media companies about a “dedicated news section inside…

Tech News Tom McKay Sep 17

Snap 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. Ever since the company’s stock went public in March 2017, Snap’s been having a bit of a rough time to put it lightly. Starting in…

Tech News Alyse Stanley Jul 23

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…

Tech News Catie Keck Mar 6

Snap Is Now Slightly Less Fucked

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. Per CBS News, Snap’s posting shows that it lost a staggering $192 million, less than the $350 million it lost in Q4 2017 but…

Tech News Tom McKay Feb 5

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 (and peaked at $29.44) during its initial public offering in March 2017, is in the gutter—a high of $6.54 so far in 2019. It’s seemingly hit a wall in growth, and it’s still…

Tech News Tom McKay Jan 28

Multiple Executives Reportedly Out at Snap Following Shake-Up Over Alleged Affair

Snap has reportedly ousted multiple high-ranking employees after an investigation into an alleged scandal involving its now former head of global security Francis Racioppi, the Wall Street Journal’s Maureen Farrell reported Friday. Racioppi was reportedly fired after the investigation found that he had an undisclosed affair with an outside contractor whose contract he later ended…

Tech News Catie Keck Jan 18

Snapchat: Still Fucked

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. Per Bloomberg, shares in Snap Inc. are entering freefall again after the company’s stock had just began to…

Tech News Tom McKay Jun 21

The Highest-Paid CEO in the Country Reportedly Decided to Fuck 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. And according to a new report, Spiegel is almost single-handedly responsible for Snapchat’s biggest mistake. When Snap’s IPO launched last Spring, it positioned…

Tech News Rhett Jones May 18

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…

Tech News Tom McKay Nov 9

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…

Tech News Adam Clark Estes Oct 23

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. Snap’s rumored drone project, of course, would give the company…

Tech News Adam Clark Estes Mar 1

A Single Snapchat Might Change the Way We Define Free Speech

Snapchat Is Once Again Pivoting Back to News

Snap Back?

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

Snap Is Now Slightly Less Fucked

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

Multiple Executives Reportedly Out at Snap Following Shake-Up Over Alleged Affair

Snapchat: Still Fucked

The Highest-Paid CEO in the Country Reportedly Decided to Fuck Up Snapchat All By Himself

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

It Sounds Like Snap Spectacles Turned Into a Massive Boondoggle

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

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