Snap Inc.

Report: Snap Has Hundreds Of Thousands Of Spectacles Stashed In Warehouses

A few weeks ago, Snap CEO Evan Spiegel bragged that the company had sold 150,000 pairs of its “spectacles,” sunglasses that are able to take …

Consumer News

Snap May Have Hundreds of Thousands of Unsold Spectacles (Report)

Snapchat corporate parent Snap Inc. has hundreds of thousands of unsold Spectacles collecting dust in a Chinese warehouse, according to a report from …

Apparently

Snap overestimated demand for Spectacles, now sitting on lots of excess inventory

Snapchat in September 2016 rebranded itself as Snap Inc. and introduced its first hardware product, sunglasses with built-in cameras. The wearable, …

It Sounds Like Snap Spectacles Turned Into a Massive Boondoggle

This is kind of a sad story. In November, Snap Inc blew everybody’s mind by releasing a surprisingly interesting piece of hardware. The …

Technology

Snap Built Way Too Many Spectacles

Unsold inventory has reportedly reached "hundreds of thousands" of units.<p>Earlier this month, <b>Snap</b> (NYSE:SNAP) CEO Evan Spiegel confirmed that the …

Stocks

Snapchat ordered ‘hundreds of thousands’ of Spectacles—then nobody bought them

“Hundreds of thousands” of Snapchat Spectacles are reportedly sitting unsold in warehouses, according to a report from The Information, citing “two …

Gear & Gadgets

No surprise here: Snap fails to sell its over-hyped 'Spectacles" video glasses

In news that is quite simply the most obvious thing to happen this year, Snap Inc. has been unable to sell its “Spectacles” video glasses and is …

Snapchat adds new link sharing & ‘Ghost Mode’ features as report claims ‘hundreds of thousands’ of unsold Spectacles

Snapchat today has released a notable update to its iOS app, while a new report offers a look at the company’s reportedly ill-fated hardware efforts. First off, <i>TechCrunch</i> notes Snapchat’s latest iOS update with support for more linking features and some changes to Snap Map location sharing…<p>With …

Evan Spiegel

Blinded by the hype? Report says Snap is sitting on thousands of unsold Spectacles video sunglasses

Did Snap fall victim to its own hype around Spectacles, the vending-machine-dispensed video sunglasses it made people line up for earlier this year? …

Science

Snap has hundreds of thousands of leftover Spectacles: report

Snap may have overestimated how popular its Spectacles would be.<p>Demand for Spectacles, sunglasses with a built-in camera that work with Snapchat, …

Evan Spiegel

Snap Inc. may be sitting on hundreds of thousands of unsold Spectacles

Snap, the company behind Snapchat, has managed to turn its simple photo sharing and messaging platform into a genuine cultural phenomenon. However, …

Android News

How Silicon Valley Became One Of The World’s Trend Capitals

In recent years, Silicon Valley has been the epicenter of many shifts, from food to fashion and workplace culture<p>The strangest thing about …

Silicon Valley

The fad is over: Snapchat has ‘hundreds of thousands’ of unsold Spectacles

While Spectacles were once a hot commodity, new reports have emerged indicating the social media giant Snap has “hundreds of thousands” of Spectacles …

Evan Spiegel

What The Economist learned in its first year on Snapchat Discover

Our editors reveal how they crunch smart analysis for a young audience<p>Printed copies of <i>The Economist</i> have been landing on doormats every week since …

Economics

Snap is turning to programmatic ads for Snapchat shows

Snap has told Snapchat shows partners that it plans to bring in more programmatic ads after struggling to fill space inside the programming.<p>According …

Advertising

Where do people use Snapchat? A whole lot at parties.

Recently released data shows that where you are matters a lot for how you use Snapchat.<p>If you’re in an interesting place, you might assume you’d want to tell people you’re there, regardless of where you are.<p>But you’d be wrong, according to a recent survey commissioned by Snapchat parent company …

Technology

Layoffs Hit Snap Inc.

Snap Inc., the owner of the photo and video-centric Snapchat app, is laying off staff and intends to slow the pace of its hiring in 2018, according …

Advertising Industry

The Snapchat Honeymoon Is Officially Over

Evan Spiegel's once-buzzy company is laying off employees as it cuts back on hiring.<p>Just a few months after its euphoric debut on the public market was stifled by a series of increasingly bleak earnings reports, Snapchat parent company Snap is laying off a handful of employees for the second time …

Evan Spiegel

Snap hit with more layoffs, plans to slow hiring in 2018

• <b>Eighteen people have been laid off from Snap's</b> <b>recruiting division.</b>• <b><br>More cuts are expected as managers institute a new system for evaluating employee performance.</b>• <b><br>In an email to employees last month, CEO Evan Spiegel said the company would slow its hiring rate next year.</b><p>Snapchat parent company Snap …

Advertising

Snap Is Laying Off Even More Employees

Head count has more than quadrupled in less than two years.<p>Things aren't going well for Snapchat operator <b>Snap</b> (NYSE:SNAP). The company has now laid …

Investing

Snap cuts workforce, plans to slow hiring

Snapchat’s corporate parent, Snap Inc., has laid off 18 employees from its recruiting division over the last week.<p>The cuts come as the social network …

Business

Snap Lays Off Recruiters as It Prepares for Slower Hiring (Report)

Snapchat corporate parent Snap Inc. has laid off 18 people from within its recruiting division this week as it prepares for slower hiring next year, …

Advertising

Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) - Social media company Snap Inc (N:SNAP) said on Friday it had laid off 18 people in its recruiting division, an unusual move …

Evan Spiegel

Uber-competitor Lyft raises $1 billion in investment round led by Alphabet

Last month, Google was rumored to be mulling a huge investment in Lyft as the two companies work together against Uber to bring self-driving cars to the mainstream. Today, the ride-sharing service announced that Alphabet’s CapitalG investment fund led a $1 billion financing round.<p>CapitalG — a …

Uber

Can you change your Snapchat username?

If @SnapchatHottieXO is your username then you may be thinking about changing what you thought was a great username back in 2014.<p>However, despite it …

Snapchat

Stocks- U.S. Futures Rally on Earnings

Investing.com – U.S. futures rallied on Friday as markets digest higher than expected earnings releases.<p>The S&P 500 futures rose 5 points or 0.21% as …

Markets

Discovery's Eurosport, Snap Inc. Partner On Olympics Video

Eurosport, the Discovery Communications-owned European cable sports channel, has inked a deal with tech company Snap Inc. to produce original content …

Advertising Industry

Snapchat Launches TV Shows With Team Behind The US ' The Office'

But will every character have a dog filter?<p>If you've ever complained about there being too much TV to watch nowadays, don't expect things to get …

TV

‘Snapchat’ to create original, three minute TV shows for your phone

The Netflix model condensed into 3-5 minutes.<p>Snapchat has announced that it will be creating its own original TV-style shows, following in the …

NBCUniversal

Let’s be frank: This Snap hot dog costume could turn you into a total Hallowiener

OK, OK, I’m sorry for that headline.<p>But if you had to write a story about an $80 Halloween costume based on a social media hot dog filter … well, you …

Science