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Tag: Snapchat

Snap Expands Its Startup Accelerator Program

Snap Inc. is expanding its Yellow Accelerator program, opening it up twice a year — for eight companies per cohort. Launched in 2018, the Santa Monica-based company’s accelerator has invested in 38 companies so far.Snap looks for startups that are at …

November 29, 2021
Snap’s New Diversity Report Finds Its Workers Are Still Overwhelmingly White and Male

Like most tech companies, Snap Inc. employees are largely white and male and the company has been grappling with its lack of diversity. On Wednesday, its CEO Evan Spiegel gathered an all-star group of influential leaders in Southern California’s t…

November 3, 2021
Snap Executive Tells Congress Banning Snapchat Drug Sales Is Their ‘Top Priority’

Snap, TikTok and YouTube executives defended their efforts to protect kids on their platforms as Congress members battered them with questions Tuesday about the algorithms, safety measures and practices they use to keep young people engaged with their…

October 26, 2021
Snap Stock Plummets More Than 25% After Missing Q3 Earnings Expectations

Snap Inc. shares plunged in after hours trading as much as 27% on Thursday after missing Wall Street revenue expectations. CEO Evan Spiegel blamed the miss on Apple’s new privacy policies that disrupted the company’s targeted digital advertising. Snap…

October 21, 2021
Snap Launches Augmented Reality Ad Studio, Arcadia

Los Angeles-based Snap said on Tuesday that it is launching a new, augmented reality advertising studio, which it is calling Arcadia. The new studio–which is not based in Arcadia, California, despite the name–will provide a team of experts focused on…

October 20, 2021
Inside Genies’ Push to Build an Engineering Powerhouse With Ex-Snap Employees

Virtual avatar company Genies wants to be the go-to option for online personas and it’s targeting the wealth of talent and seasoned executives from the area’s biggest tech firm, Snap Inc., to help make that goal a reality. Genies’ latest hire from the…

September 28, 2021
VidCon 2021 Cancelled Amid Rising COVID Cases

VidCon 2021 has been canceled because of heightened concerns over COVID-19 and the Delta variant and California’s health and safety mandates. The influencer industry’s biggest event of the year had been scheduled for Oct. 22-24 at the Anaheim Conventi…

August 20, 2021
Snap Revenue Soars Past Q2 Expectations on Earnings Call

Snap shares soared as high as nearly 17% in after-hours trading Thursday after reporting its highest rates of revenue and user growth in four years.It’s not surprising the company grew compared to the same time last year, when advertisers pulled back …

July 22, 2021
Bitmoji Gets an Upgrade as Snapchat Doubles Down on Fashion

Bitmojis are getting an upgrade on Snapchat with a new 3-D design that rolls out Monday.Snap Inc. is decking out its avatars with more than 1,200 combinations of poses, gestures and backgrounds like cow prints and beach locations. The new avatars are…

July 19, 2021
Givingli Picks Up $4M For Virtual Gifting

Los Angeles-based Givingli, a developer of a gifting app, said Tuesday afternoon that it has raised $4M in its seed funding round. The company has now raised $5M in total. The funding was led by Alexis Ohanian’s Seven Seven Six, Snap’s Yellow Accelerat…

June 30, 2021