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.
With job security being uncertain across a number of sectors, the American workforce is beginning to look toward career paths beyond their realm of expertise.
Cheddar News breaks down the new way people are subtly quitting their jobs post-pandemic, “quiet quitting.”
Online published Medium is reportedly it will post articles written by ChatGPT as long as it's properly disclosed.
Uber Eats is introducing a new feature to beef up transparency when ordering food.
Pet food maker Pedigree is offering metaverse users a chance to foster a pet from the real world — by starting in the virtual one.
Kathryn Minshew, founder and CEO of career development platform The Muse, joined Cheddar News to provide some tips if you're thinking of making a change in occupation.
CVS and Walmart are cutting back pharmacy hours due to a shortage of pharmacists.
The Federal Reserve's preferred gauge of inflation showed the pace of price increases is slowing.
Mitchella Gilbert, CEO of Oya Femtech Apparel, joined Cheddar News, to discuss how its performance wear can help women.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
