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.
Tax season is here and the IRS will begin accepting and processing returns Monday.
When cannabis retail store Smacked Village opens its doors to the public Tuesday morning, it will be the Empire State’s second, licensed, adult-use cannabis retail store. But it also claims a lot of firsts.
Candy-maker Mars said it's replacing M&M's beloved spokescandies after criticism over their rebranded looks.
Merriam-Webster bought Quordle, a game similar to the hit Wordle.
Amazon is launching a dedicated cargo fleet in India as it expands in a key market.
Netflix is teaming up with Bumble on a new trivia game within the dating app.
The price of eggs continues to increase and smuggling from Mexico has been reported by U.S. customs officials.
Elon Musk took the stand Monday at his securities fraud trial and testified Saudi Arabia's sovereign wealth fund wanted to take Testa private.
Some of the country's biggest banks are reportedly teaming up to offer a digital wallet to compete with Apple Pay and PayPal.
Microsoft announced an extended multi-year, multi-billion partnership with OpenAI, the parent company of ChatGPT.
