Snap news and trends

AI is Driving a Smart Glasses Boom. Will It Last?

February 05, 2025
Meta Ray-Ban smart glasses
Bank Stocks Surge on Earnings and Lead CE 100 Up 2.9%
Connected Economy // January 20, 2025

Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the CE 100 Index 2.9% higher in a strong weekly showing. Generally speaking, management was sanguine about the state of the...

Divided FTC Refers Complaint Against Snap’s AI Chatbot to Justice Department
artificial intelligence // January 16, 2025

The Federal Trade Commission (FTC) said Thursday (Jan. 16) that it referred a complaint against Snapchat operator Snap to the Department of Justice. “The complaint pertains to the company’s deployment of an artificial intelligence [AI] powered chatbot, My AI, in its Snapchat application and the...

Xerox Surges on Lexmark Deal but Can’t Budge CE 100 Index
Connected Economy // December 30, 2024

The CE 100 Index barely budged in a shortened trading week that left only two more days of stock market action for 2024. The index was down a scant 0.02%, and the year-to-date performance — where the index is up 24.8% — continues to trail...

Snap Seeks Deeper Customer Engagement via Simplified Version of Snapchat
Earnings // October 29, 2024

In a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced a simplified version of Snapchat, organized into three main experiences: communicating with friends, using the camera, and viewing content. The redesign aims to elevate user engagement and discovery for creators....

Interviews & Exclusives
Bank Stocks Surge on Earnings and Lead CE 100 Up 2.9%

January 20, 2025
Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the CE 100 Index 2.9% higher in a strong weekly showing. Generally speaking, management was sanguine about the state of the consumer and about credit metrics — as their spending across […]

Xerox Surges on Lexmark Deal but Can’t Budge CE 100 Index

December 30, 2024
The CE 100 Index barely budged in a shortened trading week that left only two more days of stock market action for 2024. The index was down a scant 0.02%,...

Meta Explains Why Smart Eyewear Will Finally Have Its Moment

September 19, 2024
The augmented reality and smart tech wearable market is heating up as Google, Snap, and Meta have recently either unveiled products or announced partnerships to develop wearables and adding artificial...

CE 100 Index Loses 4.1%, Led by Snap’s Post-Earnings Plummet

August 05, 2024
Earnings drove the CE 100 Index lower this past week — and almost all segments were under water, so to speak, as markets swooned amid the specter of a slowing...

Quick Reads
Divided FTC Refers Complaint Against Snap’s AI Chatbot to Justice Department

January 16, 2025
The Federal Trade Commission (FTC) said Thursday (Jan. 16) that it referred a complaint against Snapchat operator Snap to the Department of Justice. “The complaint pertains to the company’s deployment of an artificial intelligence [AI] powered chatbot, My AI, in its Snapchat application and the allegedly resulting risks and harms to young users of the […]

DoorDash Teams With Forage to Expand SNAP/EBT Acceptance

June 25, 2024
DoorDash has teamed with Forage to expand SNAP/EBT acceptance on its delivery platform. DoorDash began supporting Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments in 2023, with more than 1.1 million...

Snapchat Adds AI-Powered Tools to Build AR Effects

June 18, 2024
Snapchat parent company Snap has launched new generative artificial intelligence (AI) tools that helps users create augmented reality (AR) effects. These tools will enable artists and developers to create AR effects...

Snapchat Aims to Spend $1.5 Billion Per Year on AI

May 19, 2024
The CEO of Snap, developer of Snapchat, says the messaging platform is increasing its spending on artificial intelligence (AI) and machine learning. “There was a recognition that we’d fallen behind the curve on...