Snapchat owner cuts 1,000 jobs
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He’s the CEO of the picture messaging giant Snapchat. So Evan Spiegel should know a thing or two about optics — but this weekend that appeared to go out the window. The billionaire, who also co-founded the app,
Nearly 60% of teens say they message people daily on Snapchat. The app has a huge lead over its next two biggest rivals.
Spiegel said the company had to make “tough choices to prioritize the investments we believe are most likely to create long-term value.” Snap Inc., the company that owns the social media platform Snapchat,
About this research This study is Pew Research Center’s latest effort to explore the landscape of teens and technology today. It focuses on social media and how the views
Snap shares spiked 7% on Wednesday after billionaire CEO Evan Spiegel revealed plans to slash about 1,000 jobs and rely on artificial intelligence to take over their work. Spiegel, whose personal fortune is pegged by Forbes at $2.
2don MSN
Most US teens say TikTok, Instagram and Snapchat aren't hurting (or helping) their mental health
Most teens in the United States say that Instagram, TikTok and Snapchat aren't harming their mental health, though a slightly higher proportion report negative effects on their sleep and productivity,
About this research This study is Pew Research Center’s latest effort to explore the landscape of teens and technology today. It focuses on social media and how the views