Snap, Inc. calls itself a “camera company” so it shouldn’t be all that surprising that it’s working on new versions of its Spectacles hardware (especially since we reported just that last June). But a new report from Cheddar has surprised some with news that Snap is working on a refresh of their hardware´set to launch later this year, as well as a two-camera version… Read More
Category: Snap
Roku’s reckoning, Snap’s huge CEO payout, Airbnb goes upscale and a big NYC acquisition
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the full gang was in town, with Katie Roof, Matthew Lynley and Alex Wilhelm all back in the podcast studio. The trio was joined by Hilary Gosher, a managing director at Insight Venture Partners who helped dig through the news. The packed week… Read More
Snap stock sinks as Kylie Jenner says she doesn’t use Snapchat anymore
At this point, if you haven’t accepted the celebrity influence of the Kardashian/Jenner machine, you probably haven’t been paying attention to pop culture at large. Snap is definitely paying attention. Yesterday, Kylie Jenner tweeted a pretty brutal takedown of Snapchat with the nonchalance that only a celebrity who has mastered social media better than most can do. Read More
Nike teamed up with Snap and Darkstore to pre-release Air Jordan III ‘Tinker’ shoes on Snapchat
Snap, Nike, Darkstore and Shopify teamed up in a collaboration of epic proportions to pre-release the Air Jordan III “Tinker” on Snapchat with same-day delivery last night after the NBA All-Star game. This is the first time a brand other than Snap has sold a product via Snapchat. Read More
Snap CEO Evan Spiegel basically says the Snapchat redesign is here to stay
Despite a lot of backlash over a big redesign for the Snapchat app — which to be sure is a very big deal for a product-centric company like Snap — Snap CEO Evan Spiegel vigorously defended the redesign and basically said people need to get used to it.
Spiegel said at the Goldman Sachs Internet & Technology Conference that even people complaining about the app was a sort of… Read More
Snapchat’s Snap Map comes to the web, including in embeddable form
The Snap Map is a feature that received a mixed response when it landed in the Snapchat app, since it basically let you see where all your friends on the platform were at any given time – provided they were okay with sharing that info. Now, there’s a version of Snap Map available for anyone to view on the web, but it’s less about checking out where your pals are at, and… Read More
Equity Shot: Twitter and Snap’s surprising, synchronized social success
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
Today we’re doing another Equity Shot, a short topic-centered episode where we assemble the troops to dive into one particular thing. Or, in this case, two particular things.
Matthew Lynley, myself, and Katie Roof gathered to pick over Snap and… Read More
Custom Snapchat lenses are here
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Creatives, your prayers have been answered. With a new Snapchat feature rolling out today, you can finally create your own face lens.
Users can choose from over 150 templates for a lens. Once you’ve picked out your animal ears, headgear, and other virtual decorations, you can add custom text. Then you need to select a location for where the lens will be available, and for how long, just like the app’s custom geofilters. A lens can be available in an area up to five million square feet — about 55 square football fields.
Snapchat is also introducing new custom fonts for the text on your lenses. These include Brush, Italic, Glow, Gradient, Rainbow, Fancy, Old English and more. Read more…
More about Snapchat, Snap Inc, Snapchat Lenses, Snap, and Tech
Twitter is now worth more than Snap
Adding to what’s already a Very Weird 2018, Twitter now has a bigger market cap than Snapchat maker Snap after posting a thoroughly interesting earnings beat for its fourth quarter this morning. Shares of Twitter rocketed more than 25% this morning following the report, which showed the service is actually able to generate a profit on a GAAP basis. Twitter already wrapped up 2017 with a… Read More
Snapchat will now let you share some Stories outside the app
There’s no getting around the fact that Snapchat has a user growth problem, so it’s smart that the company is making it easier for people who like and use Snapchat to share content they find within beyond the app itself. Today, Snap is launching the ability to share some public Stories via links that then display the Story selected on Snapchat.com. Stories eligible for sharing… Read More
Snap Inc. lays off at least two dozen amid slowed user growth and engagement
Snap Inc. has laid off at least two dozen people across several divisions within the company, according to the Information, which first reported the news.
Snap has since confirmed these layoffs, which largely affect those on the content teams in the New York and London offices. Over half of the two dozen employees laid off today were part of the content team.
Snap tells TechCrunch that… Read More
Snap and Twitter now have roughly the same market cap
While we won’t call this a huge watershed moment per se, something nominally interesting in the world of Weird Social Media Things happened this morning: Snap and Twitter are now worth the same based on their market caps. With some small moves on both companies’ shares, both companies are now hovering around $18.7 billion in market cap. There are some extra mechanics that go into… Read More