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Results for "Snap Inc."

33 stories found

Businessseeking-alpha1mo ago

Snap Stock Ends Losing Streak

Snap Inc. is poised to conclude a streak of six consecutive sessions of losses, indicating a potential shift in its recent stock performance.

Moldovan President Maia Sandu Visits Latvia for Bilateral Talks
Politicslsm-lvder-standardorf+9digi24Yahooaktuality-skdanasklix-banewsmaker-mdzdg-mdlsm-english+1 more3mo ago12 sources

Moldovan President Maia Sandu Visits Latvia for Bilateral Talks

Moldovan President Maia Sandu is visiting Latvia, where she held a press conference with Latvian President Edgars Rinkēvičs to discuss bilateral relations, Moldova's EU membership progress, and regional security.

Snapchat Sued Over Minor's Rape After Connection on Platform
WorldTimes of India23d ago

Snapchat Sued Over Minor's Rape After Connection on Platform

Snap Inc. is facing a lawsuit in Missouri alleging that Snapchat's features, including its recommendation system and Snap Maps, contributed to the grooming and assault of a 12-year-old girl who connected with her assaulter on the platform.

Snap Appoints Doug Hott as New Chief Financial Officer
BusinessReuterschannel-news-asiaseeking-alpha2mo ago3 sources

Snap Appoints Doug Hott as New Chief Financial Officer

Snap Inc. has announced the appointment of Doug Hott as its new Chief Financial Officer. Hott, an internal candidate, will take over the financial leadership role for the social media company.

Snap Inc. Lays Off 1,000 Employees, Citing AI and Cost Pressures
TechnologyAPReutersBBC+25bloombergNYTwsjThe Guardiancnbcle-figarotvn24vg+17 more3mo ago28 sources

Snap Inc. Lays Off 1,000 Employees, Citing AI and Cost Pressures

Snap Inc., the parent company of Snapchat, announced it is laying off approximately 1,000 employees, or 16% of its full-time staff. The company attributed the job cuts to a strategic shift towards AI efficiency and ongoing cost pressures.

Financebloombergwsjseeking-alpha3mo ago3 sources

Activist Investor Irenic Discloses Snapchat Stake, Seeks Strategy Changes

Snap Inc. shares have gained following reports that activist investor Irenic has acquired and formally disclosed a stake in the company, proposing value-boosting measures and strategic changes to boost valuation, including closing the Specs division and replacing over a fifth of Snap's workforce with artificial intelligence.