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The Latest Breaking News from Evan Spiegel

Snap’s stock wobbles as it yanks guidance on ‘unpredictable nature of war’

“We believe it would be imprudent to provide formal guidance for Q4,” the Snapchat parent said, although it disclosed an “internal forecast.”

Fortune

Miranda Kerr reveals she vacations with ex-husband Orlando Bloom

‘We enjoy each others’ company, it’s great!’ model says

The Independent UK

Miranda Kerr announces she’s pregnant with fourth child, third with husband Evan Spiegel

Kerr shares three children with husband, Spiegel, and one child with ex-husband Orlando Bloom

The Independent UK

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Elon Musk cuts ad prices to lure companies back to Twitter/X

Despite the turmoil surrounding his management of the social media platform, Musk remains convinced that 'X will become the most valuable brand on Earth.'

Fortune

Saudi Arabia warns Snapchat users that ‘insulting’ regime is a criminal offense

Users of the social media app have faced legal consequences for posts – some private – that are critical of Saudi authorities

The Guardian - US

3 grads share how Snap CEO Evan Spiegel's loan forgiveness changed their lives

Spiegel and wife Miranda Kerr gave Otis College of Art and Design its biggest gift ever. The students who benefitted are still wrapping their minds around it.

Fortune

Social media's battle for creators comes to earnings calls

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

Fortune

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Snap growth executive Jacob Andreou joins Greylock

The eight-year social media executive will join the venture capital firm in May and invest in early-stage consumer companies.

Fortune

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

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

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StockNews.com

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…

Input

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.

Axios

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.

The Guardian - UK

‘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

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StockNews.com

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…

Los Angeles Times

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.

The Guardian - UK

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

Benzinga

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.

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.

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