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Snapchat shares hit all-time low as search acquisition Vurb’s CEO bails

Snapchat’s sagging share price is making it tough to retain talent. Bobby Lo, founder and CEO of mobile search app Vurb that Snap Inc acquired for $114.5 million two years ago is leaving day-to-

Snapchat adds new styles as Spectacles V2s get used 40% more than V1

Snapchat isn’t revealing sales numbers of version 2 of its Spectacles camera sunglasses, but at least they’re not getting left in a drawer as much as the V1s. The company tells me V2 owner

Global unicorn exits hit multi-year high in 2018

Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year.

Snapchat monitors Infowars as Alex Jones promotes ‘censorship’ gag AR filter

Snapchat has largely escaped scrutiny about fake news and election interference because its content quickly disappears and its publisher hub, Discover, is a closed platform. But now the Infowars mess

Snapchat gets $250M investment from Saudi prince for 2.3%

Snap Inc. got a fresh infusion of cash from the Saudi royal family to help it survive despite losing $353 million this quarter. Prince Al-Waleed Talal tweeted a video of him and Snap CEO Evan Spiegel,

Snapchat shrinks by 3M users to 188M despite strong Q2

The Stories War has officially killed Snapchat’s growth, leading to its first user count decline ever. In Q2 2018 earnings today, Snapchat’s daily active users number shrank 1.5 percent to

Snapchat ‘Storytellers’ finally pairs creators with advertisers

Snapchat is arriving very late to the game of courting influencers. Now it hopes to boost ad spend by connecting businesses with its top independent creators, but it won’t take a cut of deals it

Snapchat will shut down Snapcash, forfeiting to Venmo

Snapcash ended up as a way to pay adult performers for private content over Snapchat, not just a way to split bills with friends. But Snapchat will abandon the peer-to-peer payment space on August 30t

Snapchat code reveals team-up with Amazon for ‘Camera Search’

Snapchat is building a visual product search feature, codenamed “Eagle,” that delivers users to Amazon’s listings. Buried inside the code of Snapchat’s Android app is an unrele

Facebook makes Stories another Like contest with emoji reactions

Ready to scrounge for Likes on your Stories too? Facebook Stories can feel like a ghost town even though it has 150 million daily users. So Facebook is trying to get more people who view your ephemer

Instagram hits 1 billion monthly users, up from 800M in September

Instagram’s meteoric rise continues, dwarfing the stagnant growth rates of Snapchat and Facebook. Today Instagram announced that it has reached 1 billion monthly active users, after passing 800

Now Snapchat lets you unsend messages like Facebook promised

Mark Zuckerberg’s Facebook messages were retracted from the inboxes of some users, six sources told TechCrunch in April. Facebook quickly tried to normalize that breach of trust by claiming it w

Speech recognition triggers fun AR stickers in Panda’s video app

Panda has built the next silly social feature Snapchat and Instagram will want to steal. Today the startup launches its video messaging app that fills the screen with augmented reality effects based o

Apple adds camera effects like stickers, filters and Memoji to messages

Apple is invading Snapchat’s territory with new effects that let you embellish what you shoot through the Messages camera. Today at WWDC, Apple announced that iOS 12’s Messages camera will

Snapchat preps Snapkit platform to bring camera, login to other apps

Snapchat is secretly planning the launch of its first full-fledged developer platform, currently called Snapkit. The platform’s prototypes indicate it will let other apps offer a “login wi

Snapchat launches less creepy Send and Request Location features

Snapchat is taking another shot at location after its always-on coordinate-broadcasting Snap Map proved a bit invasive for some users. Snapchat now lets you send your ongoing real-time location to a f

Snapchat Spectacles tests non-circular landscape exports

The worst thing about Spectacles is how closely tied they are to Snapchat. The proprietary circular photo and video format looks great inside Snapchat where you can tip your phone around while always

To make Stories global, Facebook adds Archive and audio posts

Facebook’s future rests on convincing the developing world to adopt Stories. But just because the slideshow format will soon surpass feed sharing doesn’t mean people use them the same way

Why Snapchat’s re-redesign will fail and how to fix it

Snap screwed it all up jumbling messages and Stories, banishing creators to Discover and wrecking auto-advance. Prideful of his gut instincts, Snap CEO Evan Spiegel refused to listen to the awful user

Snapchat hosts first Creators Summit after years of neglect

Social media stars have always been treated like nobodies instead of VIPs on Snapchat. Despite pioneering the Stories and creative tools they love, the lack of support saw many drift to YouTube’s ad
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