Kerry Flynn, business reporter at Mashable, discusses Snap's first year as a public company. The company's IPO debuted on the New York Stock Exchange on March 2nd, 2017.
Flynn weighs in on the volatility of Snap shares since going public. The social media company has struggled with everything from disappointing earnings, to slow user growth, to competition from Instagram. At the end of February, celebrity influencer Kylie Jenner announced that she was using the platform less and less, which caused the stock to spiral downward after weeks of trading higher.
Flynn also shares her thoughts on Cheddar's report that Snap will be releasing a second version of its Spectacles. The first version of the product did not do well with consumers, and Flynn is skeptical that the Spectacles will do any better this time around.
TikTok CEO Shou Zi Chew is headed to Congress to testify before the House Energy and Commerce Committee to address questions about the social media platform.
The electrification of cars on the road is sweeping the auto industry as pressure mounts to reverse the impact of climate change and now the Big Apple is getting in on the action.
Five former Memphis police officers were charged with murder in the death of Tyre Nichols, the FDA explores yearly COVID vaccines, and New York City explores electric Uber and Lyft rides. Here is everything you Need2Know for Friday, January 27, 2023.