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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 ...
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 ...
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...
Meta poised to surpass Google in digital ad revenue for first time, report saysThe Instagram-owner's global net ad revenues are expected to reach $243.46 billion in 2026, ahead of Google's projected $239.54 billion, th...
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...
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+...
Snap reports upbeat revenue as holiday season fuels ad salesThe social media company faced major hiccups ranging from U.S. President Donald Trump's changing trade policies and a technical issue in i...
Snap earnings miss in Q2 as ad glitch hits revenue—stock plunges 15% on weakest growth in a year, shaking investor confidenceSnap stock falls 15% after its Q2 2025 earnings revealed slower revenue growth, disappointing Wall Street. Despite an 8.7% rise in revenue ...
In a first, Snapchat parent's India revenue crosses Rs 100 croreSnap Camera India, part of Snapchat's US-based parent company Snap Inc, has crossed the 100-crore revenue mark for the first time since its...
Snap Camera India revenue grows 20% to Rs 79 cr in FY23Snap Camera India, the local unit of social networking and messaging platform Snapchat's US-based parent company Snap Inc, has reported a 2...
Snap sees upbeat fourth quarter as new ad features start to pay offSnap, the parent company of Snapchat, reported better-than-expected revenue for the third quarter and gave an upbeat forecast for the curre...
Snap expands chatbot My AI with ability to create images; says Snapchat+ has 3 million subscribersThe announcement came at Snap's annual Partner Summit. The company aims to use the technology to speed up its development of augmented real...
Meta launches subscription service in USAfter a $44 billion buyout by Musk last year, Twitter had rolled out its Blue subscription service which lets people pay for the blue check...
Meta subscription service launched at $11.99 a month, to provide protection against impersonationThe subscription bundle for Instagram and Facebook also includes extra protection against impersonation and will be priced at $11.99 per mo...
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...
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...
Snapchat rolls out subscription service in India at Rs 49 per month, set to offer exclusive featuresThe brand announced the service amid reports of massive losses and layoffs.
Snapchat brings paid subscription service to India amid layoffs, poor growthSnapchat subscribers in India will receive a Snapchat+ badge for their profile with a Star designation.
After Telegram and Twitter, Snapchat working on a paid subscription feature; will allow users early access to updatesFor Snapchat, it would be the first subscription product.
Snap tests new subscription feature called Snapchat+The subscription feature, which Snap said is being tested internally, was first revealed on Twitter by a user named Alessandro Paluzzi, a m...