Snap Inc

India, home to one of the world's youngest populations, has been a key growth market for Snapchat in recent years and remains crucial to its future expansion.

Snap integrates Google’s generative AI model into chatbot

Snap has been investing in new AI features as it competes with larger peers, such as Meta Platforms Inc., which also has its own AI chatbot

Snapchat+ subscribers can now generate or expand images using AI

Besides image generation, the AI also allows users to edit older images, and 'extend' them

Snapchat will let you pause Streaks but it will be free just once

Users will have to pay to get Streak Restores either by paying $0.99 per restore or sign up for Snapchat+

Snap's India unit profit more than doubles to Rs 6.2 crore in FY22

Total revenue for Snap's India unit grew to Rs 65.88 crore for the financial year, registering a 101.4 percent increase from Rs 32.7 crore in the previous fiscal.

Snap employees to work from office starting February

"After working remotely for so long, we're excited to get everyone back together next year with our new 80/20 hybrid model," the company spokesperson said in an emailed statement.

Snapchat finally comes to Microsoft Store

The web app requires Microsoft Edge to run and is built on the web version on Snapchat

Xbox boss Phil Spencer says metaverse is 'a poorly built video game'

Meta CEO Mark Zuckerberg may have a reason to worry because not just Spencer other tech honchos, too, are not convinced with the metaverse, so far

Snapchat rolls out in-app Family Center feature in India

The in-app tool also includes the company's initial set of parental controls

Snap restructures ad business and makes 20% staff cuts in cost-cutting drive

The parent company of Snapchat said it will cut 20% of all staff, restructure its advertising sales unit and shut down projects including mobile games and novelties like a flying drone camera

Snapchat debuts Dual Camera feature for iOS users

The feature will allow users to take photos or record videos with both front and back cameras at the same time

Snap Inc. to stop development of Pixy selfie drone

Launched with a sticker price of $230, Snap Inc. is giving up on the new hardware four months after launch

Snapchat+ crosses 1 million paid subscribers; adds new premium features

The expansion of Snapchat+ comes at a time when the social media firm is looking to diversify its revenues beyond advertising.

Snap brings paid subscription service Snapchat+ to India

Snapchat+, which unlocks a collection of exclusive, experimental, and pre-release features, will be available for a monthly fee of Rs 49

Snap plans to lay off employees

The scope of the job cuts is currently unclear as managers are still planning it for their teams, the report said, adding that the Snapchat-owner has more than 6,000 employees.

Snapchat parent to 'substantially' slow down hiring rate as revenue growth takes a hit

Snap Inc CEO Evan Spiegel said they are evolving their business and strategy to reaccelerate revenue growth

Snap says economy deteriorated fast, slashes forecast, stock plummets

Since late April, "the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report revenue and adjusted EBITDA below the low end of our Q2 2022 guidance range," the company said in a US securities filing.

Snapchat founder Evan Spiegel says metaverse is 'ambiguous and hypothetical'

The founder says he wants to augment the real world, and not replace it

Over 250 million Snapchat users are engaging with its AR features everyday: Evan Spiegel

For Q1 2022, Snapchat reported a daily active user base of 332 million, an 18 percent increase on a yearly basis.

Snap announces anonymous messaging restrictions for third-party apps

In a blog post, Snap said it will prohibit third-party app integrations that facilitate anonymous messaging

Meta's big plunge examined, Facebook parent company loses $230 billion market value in a single day

The 26.4 percent drop was the largest by a US company in a single day

Snapchat's India expansion efforts is guiding our community growth in new markets: Evan Spiegel

Snap Inc posted its first-ever quarterly net profit of $22.6 million in Q4 2021, while revenue increased 42% year-on-year (YoY) to $1.3 billion

Snap bounces back from Apple privacy changes, shares surge 50%

Snap forecast first-quarter revenue between $1.03 billion to $1.08 billion, and daily active users to be between 328 million to 330 million.

Snapchat crosses 100 million users mark in India; partners with Flipkart, Zomato & others

Snapchat has doubled down on the India market after witnessing a major growth in its user base in recent quarters

YouTube, TikTok and Snap part of heated committee hearing

The three companies attended a meeting on social media and its effect on children