Snap Inc. co-founders Evan Spiegel and Bobby Murphy lost more than $1 billion each after the company reported earnings for the first time Wednesday afternoon. Shares fell 25 percent ... Read More
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin ... Read More
Snap Inc.’s initial public offering raised nearly $2.5 billion for Snapchat’s parent company, but it is also raising nearly $1 billion for the founders and early investors. Snap SNAP, ... Read More
Snapchat owner Snap Inc. hopes to fetch between $14 and $16 per share in its initial public offering this week but analysts think it may be overvalued. The popular ... Read More
Snap, owner of messaging platform Snapchat, has finally made public its filing for an initial public offering (IPO). The company made many of its financial details public for the ... Read More
A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said ... Read More
Snap Inc – the owner of Snapchat – has quietly acquired Israeli augmented reality (AR) start-up Cimagine Media for a reported $30 to $40 million, according to a media ... Read More
Adam Messinger, Twitter’s chief technology officer, said in a Twitter message on Tuesday that he was leaving the company. His departure follows that of Adam Bain, Twitter’s chief operating ... Read More
Yahoo making ‘great progress’ on sale. But to what end? The same day CEO Marissa Mayer announces unremarkable earnings, the next — and possibly final — round of bids ... Read More
Messaging app Snapchat has raised its latest round of funding, $485.6m, which may value the US-based company at more than $10bn. The funding was revealed in a filing with ... Read More
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