tech stocks Major Tech Giants Defy Regulatory Fears With Strong Revenue Growth Despite ongoing discussions about a tech-lash, top technology companies report impressive revenue growth that far outpaces the overall U.S. economy. Investors continue to reward these strong core businesses with significant stock market gains.
snapchat Snapchat Reaches 203 Million Daily Users as Growth Rebounds Snap reports a return to user growth with 203 million daily active users, driven by a redesigned Android app and improved retention rates. The company also sees a 48 percent revenue increase despite ongoing losses.
snap Snap Surprises Wall Street With Strong User Growth And Revenue Snap exceeds analyst expectations for second-quarter revenue, user growth, and average revenue per user. The social media company also provides optimistic guidance for the third quarter.
google cloud Major Google Cloud Outage Disrupts Services Worldwide A widespread Google Cloud outage causes significant network congestion that impacts numerous internal and third-party applications across the globe.
snap Snap Looks to Asian Messaging Apps by Launching Social Games Snap introduces multiplayer, ad-supported games inside its app to boost user engagement, taking inspiration from successful Asian messaging giants like WeChat.
snapchat Snapchat Lens Studio Adds Landmarker AR for Famous Global Monuments Snap introduces Landmarkers in Lens Studio, letting creators build augmented reality experiences for famous locations like the Eiffel Tower. The update also brings new tracking tools for hands, bodies, and pets.
snap Snap Halts User Decline and Beats Revenue Expectations Snap stops its two-quarter streak of losing daily active users and surpasses Wall Street revenue estimates for Q4 2018.
snap Snap Loses HR Chief as Internal Investigation Unveils Security Scandal Snap's HR head leaves the company after an internal investigation leads to the firing of the global security chief over an inappropriate relationship. The high-profile departures highlight a continuing trend of executive turnover at the social media firm.
snap Snap Loses Second CFO in Under a Year as Tim Stone Resigns Snap Chief Financial Officer Tim Stone steps down from his role after less than a year at the social media company. The company insists his departure is not due to any disagreements regarding strategy or finances.
snap Snap CFO Tim Stone Resigns After Less Than a Year Snap CFO Tim Stone resigns after less than a year, sending stock down 8% after hours.
snap Snap Plunges 9% in Tech Sell-Off Snap Inc. stock plunges 9% amid a broader tech sell-off and concerns about slowing user growth.