Snapchat’s task now: making a meaningful profit from all of those users. “The biggest reason [for its financial challenges] is that when you think about Snap, they are largely a messaging ...

The augmented reality smart glasses, called Specs, will be lightweight, the social media company said on Tuesday. Long known ...

By Alex Weprin Senior Editor Snapchat now has more than 900 million ... we do not intend to share formal financial guidance for Q2,” the company wrote in its investor letter.

Snap Inc. (SNAP), the parent company of Snapchat, has long captured the attention ... With mounting pressure from competitors and ongoing ad market challenges, can Snap finally break its losing ...

Since then, the company has gone through other challenges, such as declining stock values (paywall) from mid-2021 to 2022. Despite losing 39% of its stock value in July 2022, Snapchat's outlook ...

the mixed reaction hinted at the challenges companies face in rolling out new generative AI technology to their products, and particularly in products like Snapchat, whose users skew younger.

The lawsuit seeks an order to stop Snapchat's alleged violations of the law and penalties up to $50,000 for each violation. After the industry groups filed the federal court challenge last year ...