Snap

CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication Pillar Gains
CE 100 Index Off 0.9% as Cogent’s Slide Blunts Communication Pillar Gains
March 11, 2024  |  Connected Economy

The Fed held sway this past week as the guessing game about when — or whether — the central bank will cut rates continued. Fed...

READ MORE >
CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
February 12, 2024  |  Connected Economy

Earnings season winds on, and earnings season dictates — at least for now — how the stocks move. The CE 100 Index gained 1.9%, buoyed...

READ MORE >
Tech Layoffs ‘Become Contagious’ Amid AI Investments
Tech Layoffs ‘Become Contagious’ Amid AI Investments
February 11, 2024  |  artificial intelligence

Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year...

READ MORE >
Snapchat Turns to Subscriptions, AI Features to Offset Declining ARPU
Snapchat Turns to Subscriptions, AI Features to Offset Declining ARPU
February 07, 2024  |  Subscriptions

As Snapchat struggles with declining revenue per user, the social media platform is looking to its burgeoning subscription offering, and its artificial intelligence (AI) capabilities...

READ MORE >
Snapchat Parent to Cut 10% of Global Staff
Snapchat Parent to Cut 10% of Global Staff
February 05, 2024  |  Personnel

Snap has become the latest tech company to cut staff as it chases profitability. The Snapchat parent company announced in a Securities and Exchange Commission (SEC)...

READ MORE >
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
February 04, 2024  |  Social Commerce

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb....

READ MORE >
Instacart Expands SNAP Acceptance as Aggregators Compete for Benefit Spending 
Instacart Expands SNAP Acceptance as Aggregators Compete for Benefit Spending 
January 30, 2024  |  Aggregators

Instacart has significantly expanded its acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments, as aggregators compete to unlock the spending opportunities...

READ MORE >
Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
December 12, 2023  |  Artificial Intelligence

Snap said Snapchat+ now has more than 7 million subscribers. The company made the announcement while unveiling the latest generative artificial intelligence features it has...

READ MORE >
Meta Testing More Than 20 Generative AI Features Across Platforms
Meta Testing More Than 20 Generative AI Features Across Platforms
December 06, 2023  |  artificial intelligence

Meta Platforms is reportedly testing more than 20 generative artificial intelligence (AI) features across Facebook, Instagram, Messenger and WhatsApp. These features cover various aspects, including...

READ MORE >