US Presidential Hopeful Kamala Harris Gains Support from Ripple’s Chris Larsen and Other Tech Leaders
In addition to Larsen, the letter of endorsement for Harris also includes signatures from some of the most prominent figures in the tech world.
Tech Industry Sheds 34,250 Jobs as Companies Embrace AI Innovation
Microsoft was reported to be in the process of downsizing its gaming sector, affecting approximately 1,900 employees, which is 9% of its gaming division.
Snap Shares Swing amid Concerns of War’s Potential Effect on Advertising
Snap’s GAAP net loss in Q3 2023 increased by 2% year-on-year to $368 million or 23 cents per share.
French Museum Louvre Collaborates with Snapchat to Unveil Immersive AR Exhibition
The AR experience is set to offer four distinct encounters within the museum, with an additional exterior courtyard experience in the iconic Cour Carrée.
Snap Shares Rise 12% after News of Bullish Internal Memo from CEO Evan Spiegel
By
Tolu Ajiboye
A leaked internal memo from CEO Spiegel revealed optimistic projections for Snap, likely relieving investors and causing shares to rise.
Pinterest Reports 6% Revenue Growth in Q2 2023, PINS Shares Gain Over 3%
For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million.
Snapchat Dives Deeper into Generative AI with ‘Dreams’
This idea shares similarities with the functionalities already offered by a range of AI-driven photo applications accessible on the App Store.
Meta Platforms to Launch AI-Powered Chatbots with Unique Personalities in September
Meta is considering automated checks on the chatbots’ outputs to ensure accuracy and compliance with platform rules.
Snap Shares Down 18% as Q1 2023 Results Missed Analysts’ Expectations
Snap reported adjusted earnings per share of 1 cent versus a loss per share of 1 cent expected by analysts surveyed by Refinitiv.
Tesla CEO Elon Musk Eyeing Building ChatGPT Competitor
Should Elon Musk decide to proceed with launching a ChatGPT rival, he will be competing with more than just OpenAI but also with Google’s parent company Alphabet.
Snap Floats Chatbot Powered by OpenAI’s GPT
Snap Inc’s Chatbot may tend to provide some incorrect answers to some queries and the company is warning its users in advance.
Pinterest Q4 2022 Underperformance Sees Stock Slip
By
Tolu Ajiboye
Pinterest experienced an initial 12% decline in stock value following its less-than-expected Q4 2022 revenue haul.
Snap Stock Losses 14% as Company Reports Weak Revenue in Q4 2022
In 2022, Snap experienced a rocky year from Q1 to Q4 due to the weak economy that caused many businesses to cut back on digital ad budgets.
a16z ‘Temporarily’ Helping Out Elon Musk with Twitter
The a16z crypto general partner is not new to Twitter. He wrote on his LinkedIn page that he worked at Twitter for three years, between 2017 and 2019.
Snap Posts Unimpressive Q3 2022 Results, Triggers Stock Slippage of Pinterest, Alphabet, Meta
By
Tolu Ajiboye
Snap blames its underperforming Q3 2022 financial report to rising inflation and the war in Ukraine. The report tanked other stocks.