Snap Inc News

Snap Inc, owner of the popular messaging app Snapchat, rolled out its first parental control tools on Tuesday, which will allow parents to see who their teens are talking to, but not the substance of their conversations.

The latest investments come around four months after ShareChat raised $502 million from Tiger Global, Snap Inc, Twitter and some others.

'Placed,' which helps advertisers track real-world purchases and store visits, was acquired by Snap to enhance 'advertising effectiveness'.

Had Facebook secured the patent, it would have destroyed Snap's ability to garner revenues from geo-filters, and thus Snap's main source of income.

According to a report in Forbes magazine, Snapchat led all competitors in App Store search volume.

The stock of Snapchat's parent company has been on a roller-coaster ride since its market debut last week.

The owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering, pricing 200 million shares on Wednesday night above its stated range of $14 to $16 dollars a share.

Globally, shares of most of the 25 largest technology IPOs have languished in their first 12 months on the public market, with 16 of them notching a hefty decline from their debut day closing price, according to a Reuters analysis of market performance.

Priced at $129.99, the Snapchat Spectacles come with a charging case and a cable with three shades.

The device might include a lock screen that allows users to easily swipe for Snapchat notifications and updates, messaging, and syncing with Spectacles.

The company, which filed for an IPO earlier this month, was widely expected to be valued at between $20 billion and $25 billion, giving it the richest valuation in a US technology IPO since Facebook Inc.

As China's economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc's KFC and Pizza Hut.

Omidyar, the 46-year-old French-born Iranian-American who remains chairman of the e-commerce giant he founded, wrote in a blog post that he considered buying the Washington Post - which Amazon.com Inc founder Jeff Bezos eventually snapped up - but decided he wanted to build a news organization from the ground up.

Snap Inc, owner of the popular messaging app Snapchat, rolled out its first parental control tools on Tuesday, which will allow parents to see who their teens are talking to, but not the substance of their conversations.

The latest investments come around four months after ShareChat raised $502 million from Tiger Global, Snap Inc, Twitter and some others.

'Placed,' which helps advertisers track real-world purchases and store visits, was acquired by Snap to enhance 'advertising effectiveness'.

Had Facebook secured the patent, it would have destroyed Snap's ability to garner revenues from geo-filters, and thus Snap's main source of income.

According to a report in Forbes magazine, Snapchat led all competitors in App Store search volume.

The stock of Snapchat's parent company has been on a roller-coaster ride since its market debut last week.

The owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering, pricing 200 million shares on Wednesday night above its stated range of $14 to $16 dollars a share.

Globally, shares of most of the 25 largest technology IPOs have languished in their first 12 months on the public market, with 16 of them notching a hefty decline from their debut day closing price, according to a Reuters analysis of market performance.

Priced at $129.99, the Snapchat Spectacles come with a charging case and a cable with three shades.

The device might include a lock screen that allows users to easily swipe for Snapchat notifications and updates, messaging, and syncing with Spectacles.

The company, which filed for an IPO earlier this month, was widely expected to be valued at between $20 billion and $25 billion, giving it the richest valuation in a US technology IPO since Facebook Inc.

As China's economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc's KFC and Pizza Hut.

Omidyar, the 46-year-old French-born Iranian-American who remains chairman of the e-commerce giant he founded, wrote in a blog post that he considered buying the Washington Post - which Amazon.com Inc founder Jeff Bezos eventually snapped up - but decided he wanted to build a news organization from the ground up.