Snap keeps its data very close to its vest according to a report in The Daily Beast. The publication's tech reporter Taylor Lorenz who broke this story explains data she uncovered that suggests Snapchat is much more of a chat app than previously perceived.
"I got a hold of 5 months of daily active user information for nearly every feature of the app," said Lorenz. "Only about 20 percent of the app's users use Snapchat Discover." Lorenz said this could be disappointing to Snap investors.
"Internally the consensus is if the stock drops below $10 a share for a significant period of time I think they would walk," said Lorenz who interviewed several former and current employees for this story. Snap is currently rolling out a redesign of the app. Lorenz says this could be a "make or break" moment for the platform.
Xbox and Barbie are teaming up to release Barbie-themed consoles.
A fire broke out Thursday in the basement of the flagship Tiffany & Co. store on New York's Fifth Avenue, officials said.
Microsoft CEO Satya Nadella defended his company's takeover of Activision Blizzard and said the deal would be good for the gaming industry.
A UPS strike is 'imminent,' according to the Teamsters, after the union walked away from the bargaining table.
A Delta plane landed safely on Wednesday in Charlotte without its front landing gear after receiving an alert.
Wall Street is shaky Thursday as investors consider both the upsides and downsides of the latest signals that the U.S. economy remains in much better shape than feared.
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile.
The number of different electronic cigarette devices sold in the U.S. has nearly tripled to over 9,000 since 2020, driven almost entirely by a wave of unauthorized disposable vapes from China, according to tightly controlled sales data obtained by The Associated Press.
Couples opt for non-traditional attire at their weddings.
Doordash introduced several new features for both users and delivery drivers for earned-by-time.
