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The Latest Breaking News from Evan Spiegel

Meta Shares Soar Most Since 2013 on Zuckerberg’s Vision

Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more efficient and more decisive.

Tribune News Service

Meta shares soar as Zuckerberg ushers in ‘year of efficiency’

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.

Tribune News Service

Katy Perry ‘grateful’ for blended family with Miranda Kerr and Orlando Bloom

Katy Perry has opened up about her friendship with fiancé Orlando Bloom's ex-wife, Aussie model Miranda Kerr.

The New Daily

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SRMG's Rashid, Snap’s Spiegel Discuss Means to Support Content Creation

Chief Executive Officer at Saudi Research and Media Group (SRMG) Jomana al-Rashid held talks on Monday with Snap Chat co-founder and CEO Evan Spiegel. Both sides discussed the role of media companies in supporting the content creation industry. Rahid said in a tweet that the meeting touched on the changes…

Asharq Al-Awsat

Snap orders workers back to the office 4 days a week in new 'default together' policy

“We’ve forgotten what we’ve lost—and what we could gain—by spending more time together,” wrote CEO Evan Spiegel.

Fortune

Snap Inc Posts Q3 Revenue, EPS Beat, Announces Share Buyback, But The Stock Is Plunging For This Reason

Social networking and camera company Snap Inc (NYSE: SNAP) reported third-quarter financial results after market close Thursday. Here are the key highlights.

Benzinga

3 Stocks to Avoid Even Though They're Ultra Popular on Wall Street

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

StockNews.com

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Tech CEOs come together to rail against TikTok, ignoring domestic threats

Big Tech loves to hate on TikTok, but there are plenty of privacy threats that live much closer to home.

Input

TikTok unites tech factions against it

At the Code Conference, rivals, tech giants and tech critics all described the Chinese-owned platform as a threat.

Axios

‘We can do better’: Snapchat to target millennials after missing goals

CEO says messaging app needs to focus on thirtysomethings and ‘big five’ countries – Mexico, Brazil, Italy, Spain and Japan

The Guardian - UK

3 Falling Stock to Think About Selling Short Right Now

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

StockNews.com

After a golden era at Snap and other tech firms, it's back to reality for workers

A year into the pandemic, Evan Spiegel was flying high. The chief executive of Snap said annual revenue growth of 50% or more was a "steady state opportunity" for the social media company, requiring no additional gains in audience or innovation.

Los Angeles Times

Snapchat firm cuts 1,300 staff in face of advertising downturn

Snap to focus on its core messaging product as it reports revenue growth well below expectations

The Guardian - UK

5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff.

Benzinga

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Axios

Major Snap restructuring to include 20% layoffs, product pullbacks

Snap has lost nearly 80% of its market value since the beginning of the year.

Benzinga

Benzinga Before The Bell: Snap's Dismal Earnings, Amazon's Healthcare Foray, Robinhood Moves 41B Dogecoin Into Single Wallet And Other Top Financial Stories Friday, July 22

Reuters

Benzinga

Snap Q2 Earnings Highlights: Stock Tanks On No Q3 Guidance, Revenue And EPS Miss

Camera company and Snapchat parent company Snap Inc (NYSE: SNAP) is falling after-hours Thursday after reporting second-quarter financial results. Here are the key highlights.

Axios

Snap CEO endorses Elon Musk's "super app" strategy for Twitter

"I think he's seeing a lot of what we saw in Asia," Spiegel told Axios.

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news in one place.

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Benzinga

A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.

The Guardian - UK

Snapchat developer’s profit warning sends social media stocks tumbling

Snap Inc’s shares fall nearly 40% in early trading as fears grow over global downturn

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 24

CNBC

Benzinga

Snap CEO Hints At Hiring Slowdown, Spending Cuts After Warning Of Q2 Shortfall

Snap, Inc. (NYSE: SNAP) shares tumbled to a two-year low in after-hours trading on Monday after the Snapchat parent company warned that it may miss its second-quarter guidance.

The New Daily

Miranda Kerr and Snapchat co-founder husband to pay off millions in college debt

Australian supermodel Miranda Kerr and her billionaire husband Evan Spiegel will pay off millions of dollars worth of college debt.

Los Angeles Times

Snapchat co-founder pays off college debt of new graduates at LA art and design school

Yaritza Velazquez-Medina took a chance on a major career turn when she decided to drop her work as a crisis counselor in 2018 to pursue her artistic passions. She enrolled at Otis College of Art and Design in Los Angeles to become a graphic designer — even though she wracked…

The Guardian - UK

Snapchat’s Evan Spiegel dismisses Facebook’s metaverse as ‘hypothetical’

Founder says his company is committed to augmenting the real world rather than replacing it

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Mangeet Kaur BounsMangeet

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