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.
October 21, 2022
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.
August 31, 2022
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,
July 29, 2022
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.
April 22, 2022
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.
March 2, 2022
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.
December 15, 2021
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.
October 22, 2021
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.
October 20, 2021
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...
June 24, 2021
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...
February 5, 2021
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...
January 5, 2021
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...
August 13, 2020