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Snap has announced a new partnership between its AR-glasses focused subsidiary, Specs, and chipmaker Qualcomm, as the company revs up for the release of its wearable later this year. The Snapchat creator has been teasing the release of the glasses—dubbed Spectacles, or merely Specs—for a long time and, earlier this year, it spun off a…
Snap is on a mission to diversify its revenue sources—moving from a business model in which it largely chases ad revenue to one where it can also make money through subscriptions and, eventually, hardware. The company’s latest quarterly earnings report shows that, so far, the firm is having moderate success with that strategy. In Q4,…
Days ahead of a scheduled trial, social media company Snap has settled a lawsuit accusing the platform of causing social media addiction, according to reports from multiple outlets. According to the New York Times, the settlement was announced Tuesday in the California Superior Court in Los Angeles County. The lawsuit against Snap was brought by…
Snap has acquired Saturn, a calendar app that helps students manage their school schedules and share them with others, the company confirmed to TechCrunch on Friday. The financial terms of the deal were not disclosed. Saturn will continue to operate as a standalone app. The news was first reported by Engadget. Snap says almost the…
Snap CEO Evan Spiegel and the chief executive of the California Community Foundation, Miguel Santana, are launching a program focused on helping residents in Altadena and Pacific Palisades rebuild on their own terms after last month’s wildfires. The California Community Foundation, Snap, Spiegel, and Snap CTO Bobby Murphy are committing $10 million in funding to staff…
In an unusual move, the Federal Trade Commission has released a statement announcing that it has referred a complaint against Snapchat owner Snap Inc. to the Department of Justice. The Commission was vague on the details, but said that it ” pertains to the company’s deployment of an artificial intelligence powered chatbot, My AI, in…
Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat. Previously, Snapchat monetized these two formats through separate programs. Under the new program, creators will earn revenue from ads displayed within eligible Stories and Spotlight posts. “With Spotlight…
Snapchat is quietly rolling out a new “Footsteps” feature to all iOS users this week, the company confirmed to TechCrunch on Monday. The new feature, which was previously only available to Snapchat+ subscribers, uses Snap Map to let you see how much of the world you’ve explored and track where you’ve traveled to. The first…
It’s that time again: every five years Congress reauthorizes the Farm Bill, a critical piece of legislation that establishes rules and incentives that shape our food system and its impacts on the environment and on the workers who plant, harvest, process and transport our food. With intersecting climate, health and economic crises looming, this year’s…
As the nation embarks on the essential task of crafting this year’s Farm Bill, a pressing matter demands our immediate attention: fortifying program integrity within the Supplemental Nutrition Assistance Program (SNAP). The urgency to tackle fraud and abuse within this vital social safety net cannot be overstated. While SNAP remains a lifeline for millions of…