SnapChat

Republican presidential nominee Donald Trump’s 2024 campaign has decided not to advertise on Snap Inc.’s (NYSE:SNAP) Snapchat, a platform favored by young voters. What Happened: This decision has allowed Democratic nominee Kamala Harris to dominate the platform, with her campaign...

Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook and Instagram, has been directed to face lawsuits filed by U.S. states. What Happened: On Tuesday, U.S. District Judge Yvonne Gonzalez Rogers in California rejected Meta’s attempt to dismiss the claims made in two separate...

ByteDance-owned TikTok is facing legal action from 13 U.S. states and the District of Columbia. The states accuse TikTok of causing harm to its younger users. What Happened: On Tuesday, separate lawsuits were filed in New York, California, the District of Columbia, and...

In a plot twist worthy of a bingeworthy drama, the so-called demise of Twitter, now rebranded as X, has been significantly overstated. According to the latest data from SimilarWeb, Elon Musk‘s X isn’t just surviving—it’s thriving. The platform saw a dramatic turnaround in user...

Snap Inc. (NYSE:SNAP) will focus on enhancing its advertising business and augmented reality offerings, CEO Evan Spiegel told employees on Tuesday. What Happened: The announcement comes as Snap faces stiff competition from major social media platforms like Mark Zuckerberg‘s Meta Platforms...

Snap Inc. (NYSE:SNAP) has agreed to pay $15 million to settle a lawsuit filed by the California Civil Rights Department. The lawsuit accused the company of gender discrimination, failure to prevent workplace sexual harassment, and retaliation against female employees who raised complaints. What...

Mark Zuckerberg-led Meta Platforms Inc. (NASDAQ:META) has been accused of initiating a covert project to intercept and decode the network traffic of Snap Inc.’s (NYSE:SNAP) Snapchat users. What Happened: The project, codenamed “Project Ghostbusters,” was launched...

Meta Platforms Inc.'s (NASDAQ:META) Instagram is working on a new feature that mimics Snap Inc.'s (NYSE:SNAP) Snapchat "Snap Map" functionality. This will allow users to share location with their friends from within Instagram, instead of using Snapchat. What Happened: Mobile developer Alessandro...

Despite Snap Inc. (NYSE:SNAP) CEO Evan Spiegel‘s explanations, investors are growing increasingly disillusioned with the company’s financial performance. This is evidenced by the significant drop in Snap’s stock, which has plummeted by 40% this month. The company’s recent...

New York City has taken legal action against major social media platforms TikTok, Instagram, Facebook, Snapchat and YouTube for allegedly causing mental health issues among young users. What Happened: On Wednesday, New York City Mayor Eric Adams announced that the city has filed a lawsuit against...

U.S. stocks showed positive momentum today, with the Dow Jones index climbing over 140 points. The market saw a broad uptick, with the Dow ending the day up by 0.37% to 38,521.36 while the NASDAQ increased by nearly 0.1% to 15,609. The S&P 500 gained 0.2% to reach 4,954.23. These are the top...

Mark Zuckerberg, founder and CEO of Meta Platforms Inc (NASDAQ:META) apologized on Wednesday to the families of children who were victims of abuse on social media platforms after being told by a senator “you have blood on your hands.” The bosses of several social media groups, also...

In a recently leaked internal memo, Snap Inc.’s (NYSE:SNAP) CEO, Evan Spiegel, rallied employees towards new objectives to overcome stagnant growth. The memo, a call to arms, was a clear critique of rival social media platforms and set the stage for the company’s strategic blueprint for...

Billionaire entrepreneur and renowned investor, Mark Cuban expressed his frustration over the lack of a “killer app” for cryptocurrencies. Known for his role as a “Shark Tank” investor and the owner of the Dallas Mavericks basketball team, Cuban believes that crypto has the...

U.S. stocks showcased a positive momentum on Tuesday. The Dow Jones index surged, marking an increase of over 200 points or 0.62% to 33,141.38. The NASDAQ and the S&P 500 indices also followed suit, with the former rising by 0.93% to 13,139.87 and the latter gaining 0.73% to settle at 4,247.68...