Snapchat to leakers: Go to jail!
Snapchat parent company Snap has threatened its employees with jail time should they leak any confidential company information.
Snap aims to combat fake news on Snapchat by separating content from professional creators from postings by friends and family. Stories and Chats from friends will appear on the left side of the camera, while Stories from content creators, publishers and other members of the community will appear on the right side of the camera. Snapchat aims to disentangle “social” from “media,” according to Snap CEO Evan Spiegel, by offering users a personalized content feed tailored to their own behavior rather than basing it on what their friends post.
Snapchat wants to allay privacy concerns over its new Snap Map feature.
Following in the tradition of other tech heavyweights, Snapchat parent company Snap is launching its own mapping feature.
Snap shares appear to have rebounded from the plunge they took earlier this month, after the newly public company released a massive $2.2 billion loss in the first quarter, but investors still are scratching their heads over the company’s prospects. Trading just over $20 at mid-day Tuesday, Snap looks to some like it has regained its early bloom. Others suspect that darker days are yet to come, as signs of robust growth have been lacking. Snap’s revenue and subscriber growth figures missed consensus estimates in Q1, sending shares tumbling.
Snapchat parent company Snap has rolled out two new features to keep users interested and engaged.
The Input Club K-Type makes customizing your keyboard a snap. This board has been in development for a long time, and now it’s almost here; we take it for a spin.
The post Hands On With the ‘K-Type,’ an Infinitely Customizable Mechanical Keyboard appeared first on ExtremeTech.
After Blowout IPO, Is Snap a Keeper?
Shares of Snapchat owner Snap Inc. soared higher on Friday, following Thursday’s successful IPO. After debuting at $17.00 on the New York Stock Exchange, Snap shares rose 44 percent to $24.48 on Thursday, well above analyst expectations, placing the company’s value at $28 billion. The stock continued to trend upward on Friday, trading at $27.16 by mid-day. The Snapchat app is used primarily to send photos and short videos to friends. It initially gained a reputation as a favored app for “sexting” among teenagers and young adults.
A California high school’s $15,000 investment in Snap five years ago is now worth $24 million following the company’s IPO this week, with many millions more to come.
As it approaches its first stock offering next month, Snap, maker of the popular mobile messaging app Snapchat, is positioning itself as a camera company. “We feel like we’re really at the beginning of what cameras can do,” said Snap CEO Evan Spiegel. “Before, cameras were the best way to perfectly save or record something that you saw. They sort of helped augment memory — but now, you know, cameras augment the way that we talk.” Casting a company whose chief product is a messaging app as a camera company has raised some eyebrows.
Have you been intrigued by the sunglasses made by Snap, Inc that record video straight from your face?
Mac malware discovered that can snap screenshots and use your webcam.
The post New Mac malware discovered using antique code to spy on users appeared first on ExtremeTech.
Snap this week hired Morgan Stanley and Goldman Sachs Group to manage its IPO, according to multiple reports citing people familiar with the matter. JPMorgan Chase, Deutsche Bank, Allen & Co., Barclays and Credit Suisse Group reportedly also will play a role. The IPO, expected as early as this spring, could result in a valuation of $25 billion or more. That would make Snap one of the highest-profile IPOs in years. It also would make it the biggest company to go public on an exchange in the U.S. since Alibaba’s 2014 debut.
Deal seeking site Groupon on Thursday launched a new application dubbed Snap, which pays users cash back for purchasing specific items when at the grocery store.