Snap
Snap is testing a “simplified version of Snapchat,” CEO Evan Spiegel wrote in a verbose letter to employees published on Snap’s website Tuesday. The CEO says the simplified version aims…
Snapchat on Tuesday announced a new suite of safety features, including updates to its account blocking functionality and enhanced friending safeguards, making it difficult for strangers to contact users on…
At the Augmented World Expo on Tuesday, Snap teased an early version of its real-time, on-device image diffusion model that can generate vivid AR experiences. The company also unveiled generative…
Butterflies wants to let users create AI personas that then take on their own lives and coexist with others.
At the 2024 IAB NewFronts event on Wednesday, Snapchat announced a series of new augmented reality (AR) and machine learning (ML) tools designed to help brands and advertisers reach users…
Snapchat is launching the ability for users to set in-app reminders with the help of its My AI chatbot, the company announced on Wednesday. The social network is also rolling…
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in…
Social media service Snap said on Tuesday that it plans to add watermarks to AI-generated images on its platform. The watermark is a translucent version of the Snap logo with…
Less than a week after The Wall St. Journal reported on how a Snapchat feature dubbed “solar system” was adding to teens’ anxiety, the company has responded by adjusting how…
AWS and Google Cloud rarely back an open source fork together.
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
Snap’s stock plunged 30% on Tuesday after announcing Q4 2023 results that didn’t meet analyst expectations. On the earnings call, CEO Evan Spiegel said the company is taking a few…
Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is…
Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact…
Snap and the Consumer Product Safety Commission (CPSC) are recalling the company’s discontinued Pixy drone and telling owners to stop using it or charging the batteries because of a fire…
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Senate hearing with five social media CEOs was a missed opportunity
Five social media CEOs were sworn in on Wednesday for what could have been the most eventful children’s online safety hearing yet. But even with some of tech’s most powerful figures under oath, the four-hour hearing was anti-climactic. The Senate subpoenaed recently appointed X CEO Linda Yaccarino, Discord’s Jason Citron…
Snap CEO says 20 million US teens use Snapchat, but only 200,000 parents use its Family Center controls
During today’s Senate Judiciary Committee hearing on kids’ online safety, Snap CEO Evan Spiegel shared that 20 million teenagers use Snapchat in the United States and that around 200,000 parents…
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CEOs from Meta, TikTok, Snap, X and Discord head to Congress for kids’ online safety hearing
CEOs from some of the biggest social platforms will appear before Congress on Wednesday to defend their companies against mounting criticism that they have done too little to protect kids and teens online. The hearing, set to begin at 10 a.m. ET, is the latest in a long string of…
Snapchat is introducing new parental controls that will allow parents to restrict their teens from interacting with the app’s AI chatbot. The changes will also allow parents to view their…
Snapchat is releasing a few new AI powered features for Snapchat+ subscribers, the company announced on Tuesday. Most notably, subscribers can now create and send AI-generated images based on a…
Snapchat’s premium subscription is showing no signs of slowing growth as it comes off its best month ever, in terms of in-app revenue, new data indicates. As it turns out,…
Amazon has entered into a partnership with Snap to allow users to buy its products directly from ads on the social app, the company confirmed to TechCrunch. The news was…
Snap confirmed that a workforce reorganization has resulted in a small number of layoffs for the app maker, impacting people in product management roles. The layoffs were not directly tied…
Snap’s latest version of its AR development tool includes a ChatGPT API, boosted productivity and more
Snap is releasing a new version of its AR development tool, called the Lens Studio 5.0 Beta, to developers starting today. The new AR development tool is designed to support…
Snap and X are quite different, but they also share much. Let’s compare what we know about their finances to find out if X’s new valuation is fair.
Snap is partnering with edtech company Inspirit to bring augmented reality into classrooms to help students better understand STEM lessons, the company announced on Wednesday. The two companies are working…
Snapchat has relied on people consuming content on its own app. But now the social network is allowing websites to embed public content, including Lenses, Spotlight videos, Public Stories, and…
Snap is closing down a division of its company designed to offer its AR expertise to enterprise customers. The initiative, called AR Enterprise Service, or ARES, was announced in March…
Snapchat has a new advertising partner in Microsoft for the ads it’s inserting into its AI product, My AI, an AI chatbot introduced earlier this year to the wider Snapchat…
Snapchat announced today its subscription service for power users, Snapchat+, has now topped 5 million subscribers.