"snap"

In a letter to employees, the Snapchat owner expressed concern over the rapidly evolving regulatory environment, noting that it continues to strain their team. He highlighted that new legislation worldwide could impose additional compliance burdens if they are grouped with other tech companies, despite the distinct design choices they made while building their service.

The company announced late Tuesday that Jerry Hunter, who took on the role of Chief Operating Officer just over a year ago, is retiring and will not be succeeded.

In a message to Snap employees, CEO Evan Spiegel acknowledged that several factors have evolved since they initially embarked on the AR Enterprise strategy.

The Verge reports that the upcoming job cuts are expected to primarily affect Snap's augmented reality (AR) division.

Snap announced that the Lens Creator Rewards program is designed as a fresh approach to reward Snap AR creators, developers, and teams for creating high-performing Lenses on Snapchat.

The Snapchat+ subscription offers access to exclusive, experimental and pre-release features, the company said in a blogpost on Thursday.

The job cuts at Snap were coming after the company posted disastrous quarterly results (Q2) amid poor future forecast. Snap suffered nearly $10 billion loss and its shares hit a new 52-week low.

San Francisco: Snap, the parent company of photo-sharing platform Snapchat, has reached a $35 million settlement with the state of Illinois in the US in a class-action lawsuit over illegal user data collection. The lawsuit alleged that Snapchat’s filters and lenses violated the state’s Biometric Information Privacy Act (BIPA). The company stored “biometric data without […]

San Francisco: Just four months after unveiling its much-anticipated pocket-sized drone camera Pixy, Snap is scrapping the development of its flying drone technology, media reports say. Snap CEO Evan Spiegel told employees at a Q&A session about the choice to no longer develop the Pixy line, citing the Wall Street Journal, The Verge reported. A source […]

San Francisco: Snap, the parent company of Snapchat, has confirmed that the US Secret Service Director James Murray, who is retiring from his current post, will join the company as a chief security officer at the end of the month. According to The Verge, Murray’s private sector move was first reported this week, shortly after the […]

San Francisco: Popular social media platform Snapchat has announced that it is launching Snapchat Plus, a collection of exclusive, experimental, and pre-release features available on the platform, for $3.99 per month. The company said that it will be available at launch in the US, Canada, the UK, France, Germany, Australia, New Zealand, Saudi Arabia, and the […]

In an earnings call late on Thursday, Snap CEO Evan Spiegel said that the company missed the lower end of its guidance due to a few key factors.

Vertebrae has raised about $10 million in venture funding to date, and has Toyota, Adidas and some other well-known brands as clients.

According to The Verge, the UK-based WaveOptics will continue to supply other firms with its display technology called "waveguides" and work with Snap on custom optical systems.

Snap acquired Fit Analytics in March and now, a filing has put a price tag on that deal, reports TechCrunch.

The White House through its Covid vaccination campaign aims to address vaccine hesitancy. Earlier, it had set a date of May 1 for states to open coronavirus vaccine eligibility to all adults, but later it was preponed to April 19

Founded in 2015, Mohalla Tech has raised over USD 766 million across six fundraising rounds.

Leading apparel brands and retailers across six continents, including North Face, Asos, Calvin Klein, Patagonia, Puma and more are using Fit Analytics' platform to solve sizing at scale and deliver "meaningful bottom-line impact".

With this integration, Moj creators will now be able to access Snapchat's Lens Carousel, directly inside the app when creating content, giving them a range of creative tools to elevate their videos.

The 78-year-old actor took to Instagram and shared a monochrome collage picture which contrasts closeup shots of toddler Bachchan with that of his senior self.