snap inc

Swipe Left to read all snap inc Articles

snap inc

On stage at VidCon, Snap announced its first accelerator program for emerging Black creators. Over the course of a year, Snap will pay 25 selected applicants $10,000 a month ($120,000 total) to help launch their careers, marking a $3 million total investment. This program is part of Snap’s 52…

Read All Article Posted By : Tech Big News

Game studio HiDef partners with Snap to develop a Bitmoji dance social mobile game

A game studio, HiDef, announced today that it is teaming up with camera company Snap Inc. to develop an off-platform Bitmoji-based dance and music social game. The game will leverage Snap’s augmented reality tech as well as Bitmoji, the personalized cartoon avatar maker. Bitmoji joined the Snap fam…

Read Full Article Posted By : Tech Big News

Snap says it will miss this quarter’s revenue goals and slow hiring

Snap CEO Evan Spiegel wrote in an internal memo that the company will miss its revenue goals for this quarter. Snap will also slow its pace of hiring, a tactic that companies like Meta and Uber have employed as a way to cut costs. Though Snap continues to grow year over year, Spiegel says that [&he…

Read Full Article Posted By : Tech Big News

Snapchat’s stricter policies for anonymous apps and friend finders aren’t yet fully enforced

A small handful of Snap Kit platform developers have not yet complied with the new guidelines around anonymous messaging and friend-finding apps announced in March. The Snapchat maker revamped its developer platform policies on March 17, 2022, to ban anonymous apps and require developers to build f…

Read Full Article Posted By : Tech Big News

Snap snaps up database developer KeyDB to make its infrastructure more snappy

As Snapchat’s app continues to grow, the company is turning to the open source community to help further improve its technology infrastructure. This morning, Snap announced it’s acquiring the Toronto-based KeyDB, the developer of an open-source, high-performance database, for an undiscl…

Read Full Article Posted By : Tech Big News

Snap further invests in AR Shopping with dedicated in-app feature, new tools for retailers

At Snap’s Partner Summit on Thursday, the Snapchat maker announced a number of new initiatives focused on using its AR technology to aid with online shopping. Most notably, the company is introducing a new in-app destination within Snapchat called “Dress Up” that will feature AR f…

Read Full Article Posted By : Tech Big News

Snapchat’s new ‘Director Mode’ will help anyone become a video creator

In its ongoing battle with TikTok, Snap announced today it’s launching a new feature called Director Mode, aimed at providing easier access to Snapchat’s native creative tools for publishing video on its platform, including to its short-form video feature known as Spotlight. At launch, …

Read Full Article Posted By : Tech Big News

Snapchat? Trying to profit off of its TikTok clone? Say it ain’t so.

At Snap's quarterly earnings call yesterday, CEO Evan Spiegel revealed that Snapchat is testing ads on Spotlight.

Read Full Article Posted By : Tech Big News

Snapchat is growing faster than Facebook and Twitter

Snap released its first quarter financial results for 2022 today, affirming that it’s growing faster than its fellow U.S.-based competitors Facebook (now Meta) and Twitter. Meta reported its first loss in daily active users (DAUs) last quarter, while Twitter’s monetizable DAUs grew by 2…

Read Full Article Posted By : Tech Big News

Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

Read Full Article Posted By : Tech Big News

Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

Read Full Article Posted By : Tech Big News