Snap

Snapchat on Tuesday announced a new suite of safety features, including updates to its account blocking functionality and enhanced friending safeguards, making it difficult for strangers to contact users on…

Snapchat introduces new safety features to limit bad actors from contacting users

At the Augmented World Expo on Tuesday, Snap teased an early version of its real-time, on-device image diffusion model that can generate vivid AR experiences. The company also unveiled generative…

Snap previews its real-time image model that can generate AR experiences

Butterflies wants to let users create AI personas that then take on their own lives and coexist with others. 

Former Snap engineer launches Butterflies, a social network where AIs and humans coexist

At the 2024 IAB NewFronts event on Wednesday, Snapchat announced a series of new augmented reality (AR) and machine learning (ML) tools designed to help brands and advertisers reach users…

Snapchat launches new AR and ML tools for brands and advertisers

Snapchat is launching the ability for users to set in-app reminders with the help of its My AI chatbot, the company announced on Wednesday. The social network is also rolling…

Snapchat’s ‘My AI’ chatbot can now set in-app reminders and countdowns

As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in…

Snap says total watch time on its TikTok competitor increased more than 125%

Social media service Snap said on Tuesday that it plans to add watermarks to AI-generated images on its platform. The watermark is a translucent version of the Snap logo with…

Snap plans to add watermarks to images created with its AI-powered tools

Less than a week after The Wall St. Journal reported on how a Snapchat feature dubbed “solar system” was adding to teens’ anxiety, the company has responded by adjusting how…

Snapchat turns off controversial ‘Solar System’ feature by default after bad press

AWS and Google Cloud rarely back an open source fork together.

Why AWS, Google and Oracle are backing the Valkey Redis fork

Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

Adam Neumann’s bid for WeWork’s scraps

Snap’s stock plunged 30% on Tuesday after announcing Q4 2023 results that didn’t meet analyst expectations. On the earnings call, CEO Evan Spiegel said the company is taking a few…

Snap is looking to unify user experience across Spotlight and Stories

Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is…

Following this week’s layoffs, Snap’s stock tanks 30% after announcing Q4 earnings

Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact…

Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company

Snap and the Consumer Product Safety Commission (CPSC) are recalling the company’s discontinued Pixy drone and telling owners to stop using it or charging the batteries because of a fire…

Snap recalls discontinued Pixy drone over fire risk

Featured Article

Senate hearing with five social media CEOs was a missed opportunity

Five social media CEOs were sworn in on Wednesday for what could have been the most eventful children’s online safety hearing yet. But even with some of tech’s most powerful figures under oath, the four-hour hearing was anti-climactic. The Senate subpoenaed recently appointed X CEO Linda Yaccarino, Discord’s Jason Citron…

Senate hearing with five social media CEOs was a missed opportunity

During today’s Senate Judiciary Committee hearing on kids’ online safety, Snap CEO Evan Spiegel shared that 20 million teenagers use Snapchat in the United States and that around 200,000 parents…

Snap CEO says 20 million US teens use Snapchat, but only 200,000 parents use its Family Center controls

Featured Article

CEOs from Meta, TikTok, Snap, X and Discord head to Congress for kids’ online safety hearing

CEOs from some of the biggest social platforms will appear before Congress on Wednesday to defend their companies against mounting criticism that they have done too little to protect kids and teens online. The hearing, set to begin at 10 a.m. ET, is the latest in a long string of…

CEOs from Meta, TikTok, Snap, X and Discord head to Congress for kids’ online safety hearing

Snapchat is introducing new parental controls that will allow parents to restrict their teens from interacting with the app’s AI chatbot. The changes will also allow parents to view their…

Snapchat now lets parents restrict their teens from using the app’s ‘My AI’ chatbot

Snapchat is releasing a few new AI powered features for Snapchat+ subscribers, the company announced on Tuesday. Most notably, subscribers can now create and send AI-generated images based on a…

Snapchat+ subscribers can now create and send AI-generated images

Snapchat’s premium subscription is showing no signs of slowing growth as it comes off its best month ever, in terms of in-app revenue, new data indicates. As it turns out,…

Snapchat+ keeps growing as net revenue tops $20M for first time

Amazon has entered into a partnership with Snap to allow users to buy its products directly from ads on the social app, the company confirmed to TechCrunch. The news was…

Amazon strikes deal with Snap to let users buy its products from ads on Snapchat

Snap confirmed that a workforce reorganization has resulted in a small number of layoffs for the app maker, impacting people in product management roles. The layoffs were not directly tied…

Snap confirms small-scale layoffs as part of product team re-org

Snap is releasing a new version of its AR development tool, called the Lens Studio 5.0 Beta, to developers starting today. The new AR development tool is designed to support…

Snap’s latest version of its AR development tool includes a ChatGPT API, boosted productivity and more

Snap and X are quite different, but they also share much. Let’s compare what we know about their finances to find out if X’s new valuation is fair.

Does X’s new valuation make sense?

Snap is partnering with edtech company Inspirit to bring augmented reality into classrooms to help students better understand STEM lessons, the company announced on Wednesday. The two companies are working…

Snap partners with edtech company Inspirit to bring its AR tech to 50 US schools

Snapchat has relied on people consuming content on its own app. But now the social network is allowing websites to embed public content, including Lenses, Spotlight videos, Public Stories, and…

Snapchat is now allowing websites to embed content

Snap is closing down a division of its company designed to offer its AR expertise to enterprise customers. The initiative, called AR Enterprise Service, or ARES, was announced in March…

Snap shutters its enterprise services division after less than a year

Snapchat has a new advertising partner in Microsoft for the ads it’s inserting into its AI product, My AI, an AI chatbot introduced earlier this year to the wider Snapchat…

Snap partners with Microsoft on ads in its ‘My AI’ chatbot feature

Snapchat announced today its subscription service for power users, Snapchat+, has now topped 5 million subscribers.

Snapchat now has over 5M paying users for Snapchat+

Snapchat today is announcing a series of new safeguards for its app, aimed at better protecting teen users, similar to other efforts introduced earlier by other social apps, like Facebook…

Snapchat adds new teen safety features, cracks down on age-inappropriate content