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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...

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CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
December 04, 2023  |  Connected Economy

The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%.   Snap...

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Snapchat Reportedly Joins Social Media Companies Testing Ad-Free Subscription Tiers
Snapchat Reportedly Joins Social Media Companies Testing Ad-Free Subscription Tiers
November 27, 2023  |  Subscriptions

As social media companies push for new ways to monetize their user bases, Snapchat is becoming the latest to test ad-free subscriptions to drive recurring...

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Judge Rejects Social Media Companies’ Efforts to Dismiss Lawsuits
Judge Rejects Social Media Companies’ Efforts to Dismiss Lawsuits
November 14, 2023  |  Legal

A federal judge in Oakland, California, has ruled against major social media companies, rejecting their efforts to dismiss nationwide litigation accusing them of illegally enticing...

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Snapchat to Test Family Plans in Push for New Subscribers
Snapchat to Test Family Plans in Push for New Subscribers
November 13, 2023  |  Subscription Commerce

As Snapchat looks to grow adoption of its subscription program, the app is reportedly testing a “Friends & Family Plan,” as social media platforms look to find...

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Report: Snap Lays Off 20 Employees in Product Management
Report: Snap Lays Off 20 Employees in Product Management
November 09, 2023  |  Personnel

Snap, the social messaging company, reportedly conducted a small round of layoffs as part of a reorganization aimed at streamlining its operations. Nearly 20 employees...

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Brands Discover Snap Ads Are Clicking With Users 
Brands Discover Snap Ads Are Clicking With Users 
October 25, 2023  |  Earnings

In June, Snapchat CEO Evan Spiegel said the company’s adoption of artificial intelligence (AI) could give their advertising strategy a major boost. At the time, Spiegel discussed the advancements of...

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Gen Z Subscribers Steer Clear of Commitment
Gen Z Subscribers Steer Clear of Commitment
October 23, 2023  |  Subscriptions

As subscription services target younger consumers, Generation Z is proving to prefer shorter stints over long-term commitments. According to findings from PYMNTS Intelligence’s study “The...

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CE 100 Index Loses 2.1% as Tesla Shares Slump on Earnings
CE 100 Index Loses 2.1% as Tesla Shares Slump on Earnings
October 23, 2023  |  Connected Economy

Tesla’s double-digit plunge helped lead the CE 100 Index down yet again, slipping 2.1% in a week that saw all pillars, save one, retreat. The...

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