Tag: snap

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Snap adds features to Snapchat+ (and one of them is musical)

Snap told us that it worked with producer A.G. Cook on the first set of custom notification sounds: six instrumentals with more to come.
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Snap plans significant layoffs – “approximately 20 percent of employees”

A report claims that Snap is about to lay off around 20 percent of its 6,400 employees – that’s around 1280 people.
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Snap launches Snapchat Sounds Creator Fund

Snap has announced that, as of August, it will launch a “Snapchat Sounds Creator Fund”   which provides monthly grants “of up to $100,000” to top creators using its ‘Sounds’ feature,
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Snapchat had 332m daily active users in Q1 2022

Snapchat's popularity and revenues continue to grow sharply. The company generated $1.06bn of revenue in the first quarter of 2022, up 38% year-on-year.
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Apple, YouTube and Snap reveal latest policies on Russia

The rapidly-moving events in Ukraine are beginning to spark policy changes from big technology companies, in various ways.
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Snapchat Spotlight program has paid out more than $250m

Snap has announced that Spotlight program payouts have now passed $250m, shared between more than 12,000 creators - an average of $20.8k each.
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Snapchat financials reveal it now has 306m daily active users

Snapchat's parent company Snap published its latest financial results yesterday, for the third quarter of 2021, with 306 million daily active users.
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YouTube, Snap and TikTok to testify in US over children’s safety

In 2021, if you're a big tech platform with lots of children using your service, chances are you'll be in front of a committee of politicians sooner rather than later explaining how you keep those children safe.
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Snapchat gets a new UMG deal and reveals Sounds stats

Snap launched its 'Sounds' feature for Snapchat in October 2020, as a way for people to create videos using licensed music. It's part of the company's growing partnerships with the music industry. Today there's more news...
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Snap financials reveal Snapchat now has 265m daily active users

Snap, Inc published its latest financials yesterday, revealing that its Snapchat app now has 265 million daily active users. That’s up 22% year-on-year – 47 million more DAUs than at the end of 2019. “On...
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Google and Snap tipped to invest in Indian firm ShareChat

Google and Snap are in talks to invest in Indian social media company ShareChat, according to a report on TechCrunch. It claims that ShareChat’s Series E funding round will be more than $200m, with at least half of...
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77% of Facebook video views include music, claims Pex

Earlier this month, we reported on startup Pex's latest analysis of videos on YouTube, including its claim that music accounted for 5% of the total content on YouTube in 2019, but 22% of the views. Now Pex has published...