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The maker of Snapchat discontinued some of its products and appointed a chief operating officer, amid financial struggles. By Kalley Huang Kalley Huang, who covers youth and technology ...
Snap shares plunged Wednesday as the Snapchat parent firm struggles to distinguish itself from other digital media companies, with the stock now down 88% from its 2021 high – and one bank ...
Snapchat (NYSE:SNAP ... such as Meta, as the company struggles to both maintain growth and revenue. As we'll see throughout this article, the company's focus outside of the U.S., will hurt ...
The parent company of Snapchat missed Wall Street forecasts ... While the company did not offer financial guidance for the second quarter, it indicated that challenges in advertising would ...
Snap, parent company of Snapchat, kept adding app users in the ... However, Snap did not issue formal Q2 financial guidance citing macroeconomic “uncertainty” and said its ad sales have ...
The Snapchat owner's results are in contrast to strong advertising sales that rivals reported, a sign that advertisers are gravitating towards larger, stable companies amid an uncertain economy.
Adding older users to Snapchat is also a renewed focus, people told Insider. As Snap struggles to reverse slowing growth and improve its advertising business, parts of the company are operating ...