Snapchat, the disappearing-photo app that’s an all-consuming obsession for young people, is coming of age. In one of the most anticipated tech IPOs in years, its parent company, Snap, went public Thursday morning, with a preopen share price set at $17. That price didn’t last long. Snap shares started trading just before 11:30 a.m. ET …
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Who would have thought that augmented reality‘s best pitch would be puking rainbows and candy-colored camera glasses? Augmented reality — and its more advanced cousin mixed reality — overlay digital information onto the visible world. Typically, this is where I’m supposed to reference Pokemon Go, last year’s mobile gaming phenomenon that popularized AR through the digital monsters that popped up …
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Snapchat’s parent company, Snap Inc., has become the newest hot tech stock to hit the market. The company’s shares started trading publicly Thursday, marking the biggest and splashiest initial public offering for a US-listed tech stock since Alibaba in 2014. Also on today’s podcast, we hit on the power of 5G and some of the early demonstrations of the wireless …
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Snapchat turned heads when it redefined itself as Snap and released candy-colored camera glasses. Next, will it be turning eyes upward to watch for unmanned aircraft? The company has worked on making a drone, The New York Times reported Tuesday, citing three unnamed people briefed on the project. Snap didn’t immediately respond to an email seeking comment. The report comes …
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Snap’s long-awaited market debut is almost here. The parent company of Snapchat priced on Wednesday its initial public offering at $17 per share, valuing the company at nearly $24 billion. Shares will start trading Thursday on the New York Stock Exchange under the ticker symbol SNAP. Snap expects to raise around $3 billion in its IPO. It plans to use …
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Budding paparazzi rejoice. A new patent filed Tuesday by Google reveals what could become the newest tool for grabbing candid shots of the Kardashian clan — although that particular use case isn’t mentioned in the document. Instead, Google lists things like “hosting an interactive assistance session,” sending images to social media and sending images and GPS data to an “emergency-handling …
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WhatsApp is rolling out a new Status feature to all users. Instead of the text-only status that lets people know whether you’re busy or available to chat, the new Status feature uses photos, text, emojis and sketches to show what you’re doing. If that sounds familiar, it could be because it appears to be inspired by Snapchat. And unlike Snapchat …
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It’s no secret Snapchat is confusing to use. In fact, when Snap, the social media app’s parent company, released its IPO filing documents earlier this month, the app’s confusing user interface was listed as one of the risk factors for investors. Lo and behold, on Friday, Snap released the user manual many bewildered Snapchatters (or their parents) have been asking …
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You might still think of Snapchat as that sexting app, or the way teens obsessively communicate with each other. Wall Street now knows it as the next big thing. Snap, the company behind Snapchat’s short-lived photos and videos, on Thursday filed with the US Securities and Exchange Commission updated paperwork detailing its initial public offering. It’s preparing to sell up …
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This may be the first time the word “sexting” has been included in an SEC filing. Snap, the parent company of Snapchat, has released its IPO filing, and included that tidbit about how it was first dismissed as an app for sending nudes. There’s plenty of other juicy information Snapchat shared about its business as the 5-year-old company prepares to …
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