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“Snap unveils Pixy flying camera, features for AR shopping” Snap Inc. will roll out new features to make it easier for brands to create augmented reality shopping experiences on its Snapchat app as well as a flying camera, the company said Thursday at its annual presentation to showcase new technology. The Santa Monica, Calif.-based company announced the…
“#Wall Street notches record closing high on earnings, economic strength” Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite. The S&P 500, the Nasdaq and the…
“#Snap surges, Twitter gains as stocks rise on strong earnings” Wall Street’s main indexes rose Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints. Twitter gained 1.3 percent after it reported higher quarterly revenue growth, while Snapchat owner…
“#Snap beats user, revenue estimates with highest growth in 4 years” Snap Inc on Thursday beat Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapchat attracted more users. Shares of the Santa Monica, California-based company rose about 10 percent…
“#Snap to buy AR company WaveOptics for over $500M” Snap Inc said Friday it will acquire WaveOptics, a British augmented reality technology company, for over $500 million. The deal, first reported by The Verge and confirmed by a Snap spokesman, will help the owner of photo messaging app Snapchat push its way into a future where AR eyewear could be ubiquitous….
“#Snap shares soar 20 percent amid Facebook, TikTok struggles” Investors sent shares of Snapchat’s parent company up nearly 30 percent on Wednesday after it said that advertisers have been snapping out of their coronavirus-induced comas and flocking to the social media network famous for its funny face filters and disappearing photos. The Los Angeles-based Snap…