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The Latest Breaking News from Evan Spiegel

3 grads share how Snap CEO Evan Spiegel's loan forgiveness changed their lives

Spiegel and wife Miranda Kerr gave Otis College of Art and Design its biggest gift ever. The students who benefitted are still wrapping their minds around it.

Fortune

Social media's battle for creators comes to earnings calls

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

Fortune

Top Social Media App Is Integrating AI in a Bizarre New Way

AI-based chatbots are impacting cameras, chatrooms, designs and other social media features.

The Street

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Snap attracts three million paying users to AI-enhanced service

Snap Inc. has attracted more than three million users to its Snapchat+ subscription service, a $3.99-a-month offering that provided early access to features like its new artificial intelligence chatbot.

Irish Independent

Snapchat seeks path to profit without losing its way

Santa Monica (United States) (AFP) - Snapchat parent Snap on Wednesday unveiled new tactics including the increased use of artificial intelligence in its struggle to expand beyond the app's loyal user base and reach profitability.

AFP

Snap growth executive Jacob Andreou joins Greylock

The eight-year social media executive will join the venture capital firm in May and invest in early-stage consumer companies.

Fortune

Meta, Amazon Among Firms Calling Workers Back to the Office in 2023

A running list for major US companies’ return-to-office mandates in 2023

Bloomberg

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Meta shares up after Mark Zuckerberg makes ‘efficiency’ promise

Meta Platforms' shares soared 19pc as trading got underway in New York on Thursday after CEO Mark Zuckerberg announced plans to make the social media giant leaner, more efficient and more decisive.

Irish Independent

Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive.

Tribune News Service

Meta shares soar as Zuckerberg ushers in 'year of efficiency'

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.

Irish Independent

Meta shares soar as Zuckerberg ushers in ‘year of efficiency’

Tribune News Service

Snap Stock Plummets On Q4 Loss, Advertising Outlook; Meta Platforms Caught In Downdraft

"Advertising demand hasn't really improved, but it hasn't gotten significantly worse, either," said CEO Evan Spiegel.

The Street

Snap shares dive on bad quarterly results

San Francisco (AFP) - Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue.

AFP

Katy Perry ‘grateful’ for blended family with Miranda Kerr and Orlando Bloom

Katy Perry has opened up about her friendship with fiancé Orlando Bloom's ex-wife, Aussie model Miranda Kerr.

The New Daily

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Asharq Al-Awsat

SRMG's Rashid, Snap’s Spiegel Discuss Means to Support Content Creation

Chief Executive Officer at Saudi Research and Media Group (SRMG) Jomana al-Rashid held talks on Monday with Snap Chat co-founder and CEO Evan Spiegel. Both sides discussed the role of media companies in supporting the content creation industry. Rahid said in a tweet that the meeting touched on the changes…

Fortune

Snap orders workers back to the office 4 days a week in new 'default together' policy

“We’ve forgotten what we’ve lost—and what we could gain—by spending more time together,” wrote CEO Evan Spiegel.

AFP

Slowed Snapchat parent earnings send shares off a cliff

San Francisco (AFP) - Shares in Snapchat's parent company plunged more than 26 percent on Thursday on a quarterly earnings report that showed revenue was slowing as online advertisers tighten budgets.

Benzinga

Snap Inc Posts Q3 Revenue, EPS Beat, Announces Share Buyback, But The Stock Is Plunging For This Reason

Social networking and camera company Snap Inc (NYSE: SNAP) reported third-quarter financial results after market close Thursday. Here are the key highlights.

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StockNews.com

3 Stocks to Avoid Even Though They're Ultra Popular on Wall Street

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

Input

Tech CEOs come together to rail against TikTok, ignoring domestic threats

Big Tech loves to hate on TikTok, but there are plenty of privacy threats that live much closer to home.

Axios

TikTok unites tech factions against it

At the Code Conference, rivals, tech giants and tech critics all described the Chinese-owned platform as a threat.

The Guardian - UK

‘We can do better’: Snapchat to target millennials after missing goals

CEO says messaging app needs to focus on thirtysomethings and ‘big five’ countries – Mexico, Brazil, Italy, Spain and Japan

StockNews.com

3 Falling Stock to Think About Selling Short Right Now

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

Los Angeles Times

After a golden era at Snap and other tech firms, it's back to reality for workers

A year into the pandemic, Evan Spiegel was flying high. The chief executive of Snap said annual revenue growth of 50% or more was a "steady state opportunity" for the social media company, requiring no additional gains in audience or innovation.

The Guardian - UK

Snapchat firm cuts 1,300 staff in face of advertising downturn

Snap to focus on its core messaging product as it reports revenue growth well below expectations

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