Seattle schools sue tech giants over social media harm
January 8, 2023 GMTSEATTLE (AP) — The public school district in Seattle has filed a novel lawsuit against the tech giants behind TikTok, Instagram, Facebook, YouTube and Snapchat, seeking to hold them accountable for the mental health crisis among youth.
Boston Beer, Schlumberger rise; Snap, Twitter fall
October 21, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Snap Inc., down $3.03 to $7.76.
The owner of Snapchat gave a lackluster forecast for the fourth quarter.
Bed Bath & Beyond, Chewy fall; Snap, ChargePoint rise
August 31, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Bed Bath & Beyond Inc., down $2.58 to $9.53.
The struggling home goods retailer announced a major restructuring and a stock sale.
Snap cutting 20% of staff as ad sales continue to dry up
August 31, 2022 GMTSILVER SPRING, Md. (AP) — The parent company of social media platform Snapchat said Wednesday that it is letting go of 20% of its staff as it reorganizes and tries to reduce costs in the face of declining ad sales.
Russia fines WhatsApp, Snapchat over data storage
July 28, 2022 GMTLONDON (AP) — Russian regulators have fined chat service WhatsApp and Snapchat for failing to store Russian users' data on local servers, part of government efforts to control online activity.
A Moscow court on Thursday imposed an 18 million ruble ($300,000) fine on chat service WhatsApp and a 1 million ruble penalty on disappearing message platform Snapchat.
Snap, SVB Financial fall, HCA, Schlumberger rise
July 22, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Snap Inc., down $6.39 to $9.96.
The operator of the Snapchat app reported a worse loss and weaker revenue for the spring than Wall Street forecast.
Snap: Q2 Earnings Snapshot
July 21, 2022 GMTSANTA MONICA, Calif. (AP) _ Snap Inc. (SNAP) on Thursday reported a loss of $422.1 million in its second quarter.
The Santa Monica, California-based company said it had a loss of 26 cents per share.
Social media hammered by mounting questions over advertising
May 24, 2022 GMTSocial media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read.
Snap, Nautilus fall; Nordson, Insulet rise
May 24, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Best Buy Co., up 88 cents to $73.47.
The nation’s largest consumer electronics chain reported strong first-quarter revenue.
Snap: Q1 Earnings Snapshot
April 21, 2022 GMTSANTA MONICA, Calif. (AP) _ Snap Inc. (SNAP) on Thursday reported a loss of $359.6 million in its first quarter.
On a per-share basis, the Santa Monica, California-based company said it had a loss of 22 cents.
Amazon, Snap rise; Ford, Clorox fall
February 4, 2022 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Amazon.com Inc., up $375.88 to $3,152.79.
The online retailer's fourth-quarter profit surged and handily beat Wall Street forecasts.
Snap stock soars 58% after posting profit for 1st time
February 4, 2022 GMTInvestors are snapping up shares of Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the first time.
Snap’s stock drops as iPhone privacy controls pinch ad sales
October 21, 2021 GMTSANTA MONICA, Calif. (AP) — Snapchat's corporate parent disclosed Thursday that its ad sales are being hurt by a privacy crackdown that rolled out on Apple's iPhones earlier this year, raising investor fears that the app's financial growth is going into a tailspin.
American Express, Twitter rise; Boston Beer, Intel fall
July 23, 2021 GMTStocks that traded heavily or had substantial price changes Friday:
TAL Education Corp., down $14.52 to $6.
U.S.-listed shares of Chinese for-profit education companies sank on fears of a regulatory clampdown by Beijing.