US stocks today: S&P 500, Nasdaq at record highs as oil pullback brings reliefThe S&P 500 and Nasdaq reached record highs on Thursday, driven by a significant drop in oil prices. Hopes for a U.S.-Iran peace agreement ...
07 May, 2026, 07.47 PM IST
Snap says $400 million AI search deal with Perplexity was called off "amicably"Snap has amicably ended its partnership with AI startup Perplexity, canceling plans to integrate Perplexity's AI search into Snapchat. The ...
07 May, 2026, 12.49 PM IST
Snap flags ad revenue hit from Middle East conflict, slower North America growthSnap experienced a decline in advertising revenues during the first quarter, largely impacted by ongoing tensions in the Middle East and a ...
07 May, 2026, 08.50 AM IST
Australia moves to tax Meta, Google and TikTok to fund newsroomsAustralia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Pla...
29 Apr, 2026, 08.10 AM IST
Snap layoffs grow as AI push leads to 1,000 job cuts and major cost savingsSnap layoffs show how AI is changing jobs in big tech companies. The company is cutting workers to save money and improve speed using new t...
24 Apr, 2026, 01.43 AM IST
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
16 Apr, 2026, 07.27 PM IST
Snap layoffs: CEO Evan Spiegel cites productivity gains from AI adoption in note to employeesSnap Inc. is laying off 1,000 employees, approximately 16% of its workforce, and eliminating over 300 vacant roles. CEO Evan Spiegel cited ...
16 Apr, 2026, 03.04 PM IST
Snap stock price: Here's why Snap Inc. shares are up todaySnap stock price moved higher after the company announced layoffs affecting about 16% of staff and more than 300 open roles. Snap Inc said ...
15 Apr, 2026, 07.01 PM IST
Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
15 Apr, 2026, 11.41 AM IST
What is Instagram Plus? What we know about Meta’s latest subscription model testMeta is testing Instagram Plus, a subscription version of Instagram, in select markets. The move aligns with a wider industry shift towards...
30 Mar, 2026, 10.07 PM IST
Snap's direct revenue hits $1 billion annualised run rate as subscribers top 25 millionSnap said on Wednesday its direct-revenue business has reached $1 billion in annualised revenue run rate, driven by growth in its Snapchat+...
18 Feb, 2026, 09.48 PM IST
Snapchat beats revenue and user growth estimates, announces $500 million buybackDaily active users of Snapchat grew 9% year-over-year to 443 million, beating analyst estimates of 441 million. Snapchat also invested in m...
30 Oct, 2024, 08.30 AM IST
Snap forecasts weak revenue as big rivals threaten growth, shares slideSnapchat's parent, Snap Inc., missed Q3 revenue expectations, causing an 18% drop in shares after-market. Competing with larger players lik...
02 Aug, 2024, 09.21 AM IST
Snap’s profit from India ops more than doubles in FY22The company, which operates messaging app Snapchat, doubled its revenue to Rs 66 crore from Rs 33 crore in FY21, according to the company’s...
30 Jan, 2023, 06.00 AM IST
Snap reaches 1 million premium subscribers in bid for new revenueSocial media companies including Snap, Twitter Inc and Meta Platforms Inc, which all earn the majority of revenue from selling digital adve...
15 Aug, 2022, 09.19 PM IST
Snapchat has poached staff from BuzzFeed and Twitter to run its first European officeSnapchat has poached execs from a number of rival digital media companies to staff its inaugural European office, based in London.
02 Nov, 2015, 03.14 AM IST
Snapchat superstars are inking deals directly with advertisers and making 6-figure salariesSnapchat faces competition in its quest for advertising dollars. Snapchat stars are signing lucrative advertising deals with brands themsel...
15 Sep, 2015, 01.02 PM IST