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The Latest Breaking News from Snap Inc

Snap Inc’s (SNAP) High Short Interest Adds a Wrinkle to Its Unusual Options Activity

With the bears piling into the short trade across several popular securities, SNAP stock could potentially jump higher due to contrarian sentiment.

Barchart

SNAP Stock Surges Nearly 12% In A Week On Record Volume, Boosted By New OS Launch, Continued TikTok Uncertainty

Shares of Snap Inc. (NYSE:SNAP) rallied nearly 12% over the last five trading days, closing the week with significant momentum driven by a major product announcement and persistent geopolitical uncertainty surrounding its chief competitor, TikTok.

Benzinga

Stock Of The Day: Will Snap Refill The Gap?

Shares of Snap Inc. (NYSE:SNAP) are trading higher Thursday. The stock is in a strong uptrend. Some analysts attribute the move to the company's announcement of its new fifth-generation Spectacles and operating system, Snap OS 2.0.

Benzinga

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Snap CEO Evan Spiegel Launches Startup-Style 'Squads' To Revive Growth As Ad Revenue Slows

Snap Inc. (NYSE:SNAP) Chief Executive Evan Spiegel announced a major organizational restructuring on Monday, implementing startup-style “squads” to accelerate growth initiatives as the social media company grapples with slowing advertising revenue and intensifying competition from tech giants.

Benzinga

‘Children are entering a hellscape’: the terrifying film about grieving parents taking on social media giants

Sextortion, suicide scenarios, unwanted sexual advances – all this and more is served up to teens on their phones. Can’t Look Away tells a devastating story of bereft parents trying to hold the likes of Snapchat to account

The Guardian - UK

Apple is suing a former senior employee, alleging he stole trade secrets about the $3,500 Vision Pro before taking a job at Snap

Apple said Di Liu waited nearly two weeks to notify the company that he was resigning—"and even then, he did not disclose he was leaving for Snap."

Fortune

Forget Meta's Orion, I tried Snap's sci-fi Spectacles and they blew my mind

Snap's fifth-gen Spectacles really opened my eyes when I got to try them out – here are my thoughts.

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‘Grooming our children’: politicians demand Sportsbet pull promotional filters from Snapchat

Exclusive: Monique Ryan, Kate Chaney, Andrew Wilkie and Sarah Hanson-Young all call for gambling giant to remove the social media ads immediately

The Guardian - AU

Details from New Mexico's lawsuit against Snap show site failed to act on reports of sextortion

Snapchat has failed to act on rampant reports of child grooming, sextortion and other dangers to minors on its platform

The Independent UK

Thoma Bravo closes $5.3bn Darktrace acquisition

Co-founder and former Mike Lynch protégé Poppy Gustafsson stepped down as CEO weeks before the acquisition closed.

Fortune

Nvidia and 2 More Stocks Set to Move on U.S. Elections

The 2024 U.S. elections are expected to have a significant impact on the stock market, particularly for tech giants Nvidia, Snap, and Tesla, whose stock prices could be sensitive to policy shifts and potential changes in trade rules, regulations, and laws.

Barchart

New Mexico Attorney General Files Lawsuit Against Snapchat

New Mexico's attorney general sues Snap Inc. for allegedly facilitating child sexual exploitation. Lawsuit highlights challenges of combating online exploi...

Top News

VideoAmp Integrates Snap Inc. Ad Inventory

Snap becomes the first digital and social technology platform to integrate its full set of inventory through VideoAmp's cross-platform planning solution

TV Tech

US Signs Agreement With Social Media Giants To Combat Synthetic Drugs

The U.S. collaborates with social media giants to combat synthetic drug distribution online, aiming to disrupt illegal activities and raise awareness about...

Top News

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Barchart

Snap Inc Shows Unusual Call Options Activity Today - Investors Seem Bullish on SNAP Stock

Snap Inc. stock has shown unusual call options activity today as reported in a Barchart report. Investors may be turning bullish on SNAP stock after Snap reported another positive FCF quarter.

Al Jazeera

Canadian school boards sue social media giants over effects on students

Snapchat, TikTok, Facebook and Instagram are addictive and have ‘rewired’ the way children learn, educators say.

Top News

Canadian School Boards Sue Social Media Giants Over Disruption

School boards in Ontario and U.S. sue social media giants for harming student learning and mental health, prompting calls for accountability and policy cha...

The Guardian - US

Canada school boards accuse social media firms of ‘rewiring’ how kids think

District education authorities launch multibillion-dollar lawsuit against Meta, Snap Inc and ByteDance

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Top News

Snap Inc. to Cut 10% of Workforce amidst Layoff Trend

Snap Inc., the owner of Snapchat, is cutting approximately 530 employees, about 10% of its workforce. This comes as several tech companies, including Micro...

Evening Standard

Snapchat owner to cut 500 jobs in 'team restructure'

Snap Inc, the owner of social media app Snapchat is set to axe 10% of its workforce as part of a 'team restructure' as the firm seeks to cut overheads amid growing losses.

StockNews.com

META vs. SNAP: Internet Buy, Hold, or Sell?

The evolution of the internet, combined with immersive technologies and the ascent of generative AI, marks a transformative era. In this context, which internet stock, Meta Platforms (META) or Snap Inc. (SNAP), is poised to deliver superior returns against this backdrop? Let’s find out….

StockNews.com

Snap (SNAP) And Bumble (BMBL) - Are These Internet Stocks Worth Buying Now?

The internet sector has grown as a result of consistent demand and increased digitization. However, given the macroeconomic uncertainty, let us examine the prospects of internet stocks Bumble (BMBL) and Snap (SNAP) for this year.

StockNews.com

Are Snap (SNAP) and eBay (EBAY) Wise Internet Industry Picks for 2024?

The internet industry has been expanding due to stable demand and rapid digitization. However, given the macroeconomic uncertainty, let us examine the prospects of internet stocks eBay Inc. (EBAY) and Snap Inc. (SNAP) for this year.

StockNews.com

Unpacking the Potential of SNAP and NFLX as the Year Concludes

In the digital age, the internet industry is thriving due to digitization and the rapid adoption of cutting-edge technologies. Let's analyze internet stocks Netflix (NFLX) and Snap (SNAP) to see if they are worth considering for investment. Read more.

Reason

Seven Fifth Circuit Judges Argue for Reading § 230 Narrowly

From Doe v. Snap, Inc., filed Monday, following and repeatedly quoting Justice Thomas's separate statement respecting denial of certiorari in Malwarebytes, Inc. v. Enigma Software Grp. USA, LLC (2020): Jennifer Walker Elrod, Circuit Judge, joined by Smith, Willett, Duncan, Engelhardt, Oldham, and Wilson, Circuit Judges, dissenting from denial of rehearing…

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Jennifer Walker Elrod

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