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Less than picture perfect: Snap slumps on slowing user growth

1 year, 5 months ago
Snap shares slumped 22 percent in premarket trading on Thursday after the owner of the wildly popular Snapchat app's user growth and revenue numbers failed to show that it was adequately dealing with rising competition from Facebook.…

Snap arrives in London to woo skeptical investors ahead of IPO

1 year, 7 months ago
LONDON: Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects,…

Sony Entertainment chief exiting for a top role at Snap

1 year, 9 months ago
LOS ANGELES: Sony Entertainment Chief Executive Michael Lynton will step down to become chairman of the board of messaging app owner Snap Inc, a move that puts an experienced Hollywood executive in a prominent role as the technology company…

Snapchat taps London as global base outside US

1 year, 9 months ago
LONDON: Snap Inc., which runs the camera messaging application Snapchat, said on Tuesday it had chosen London as its international headquarters, praising the UK's creative industries.  It comes after Facebook, Google and Apple last year…

Ex-employee sues Snapchat, alleges it misled investors

1 year, 9 months ago
A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. In the lawsuit filed on…