Tag: Snap

Daily Beast looks inside Snapchat data and culture: It’s not pretty

January 14, 2018January 14, 2018 Gary Pageau Daily Beast, Snap, Snapchat

Daily Beast writer Taylor Lorenz disclosed never-reported information about the culture of secrecy permeating Snap Inc. and the data regarding key features of its flagship app, Snapchat. Among the revelations: “The company operates in secret “need to know”-type bubbles, where many in sales, content, or non-engineering roles feel kept in the dark.” Employees routinely find out about Snap products and services in... Read More

News

Snap has spent $352 million in acquisitions in 2017

November 14, 2017 Gary Pageau Snap, Snapchat

Struggling camera/app company Snap has spent $352 million in acquisitions in 2017, according to a report in Business Insider, based on data from Pitchbook. The six-year-old company has purchased roughly two dozen other companies since 2014 and shows no signs of slowing its spending. Last week, Snap reported lower earnings. Read More

Earnings reports News Opinion

Snap reports earnings, stock price plummets, redesign on the way

November 8, 2017November 8, 2017 Gary Pageau Snap, Snapchat, Spectacles1 Comment

Snap’s road to profitability hits bump as Spectacle sales stall Snapchat app and Spectacles maker Snap Inc. still hasn’t told a story Wall Street wants to hear, as the stock dropped 15 percent after the company reported disappointing third-quarter results (shown below). Snap revenue was up 62 percent to $207 million in the third quarter but losses mounted faster: $443 million... Read More

Earnings reports Opinion

Move over Snap: Facebook is the camera company to beat

April 25, 2017April 25, 2017 Gary Pageau Facebook, Hans Hartman, Mobile Photo Connect, Snap, Suite 48a

From Hans Hartman’s weekly Mobile Photo Perspectives insights. It’s the platform, stupid Just as the world finally figured out why Snap relabeled itself as a camera company, last week Facebook proclaimed it’s not just a camera company, it’s a camera company built on the world’s ambitious augmented reality platform. Let’s add some perspectives to their F8 announcements: Recently, Facebook has... Read More