Snap

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AI & Cloud Big Tech April 20, 2023

Snap subscription service tops 3M users

Bloomberg reported social media company Snap tallied more than 3 million subscribers for its Snapchat+ premium service, driven in part by the addition of a chatbot called My AI…

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Big Tech March 23, 2023

Snap flexes AR muscle

Social media company Snap targeted retail brands to deploy its AR services, forming an enterprise unit dedicated to helping businesses boost customer experience through the technology. In a statement, head…

By Hana Anandira

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Big Tech September 1, 2022

Snap axes staff, projects as struggles intensify

Snap culled 20 per cent of its entire workforce as part of a wider restructuring that will result in the company shutting down a range of projects including mobile games,…

By Kavit Majithia

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Big Tech August 15, 2022

Snap hits 1M subscribers for paid service

Social media company Snap revealed more than 1 million subscribers have signed up to its Snapchat+ premium service six weeks after its launch as part of a push to generate…

By Kavit Majithia

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Big Tech May 24, 2022

Snap slashes forecast on tough conditions

Social media company Snap warned it will report revenue and core profit at the low end of its expectations in Q2, citing deteriorating macroeconomic conditions for the bleak outlook. In…

By Kavit Majithia

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5G+ Big Tech November 15, 2021

Snap taps ex-Google exec for global operator tie-ups

Snap created a new management role looking after partnerships with global operators, hiring former Google MD Anne Laurenson to run a strategy pushing 5G and AR services. In a statement,…

By Yanitsa Boyadzhieva

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Big Tech October 22, 2021

Snap feels the burn of iOS privacy changes

Snap recorded 57 per cent growth in revenue year-on-year during Q3, but CEO Evan Spiegel (pictured) pointed the finger at recently implemented privacy changes in iOS as a disruptive…

By Yanitsa Boyadzhieva

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