Snap Inc
Meta unveils cheaper $299 Quest 3S VR headset
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. David Paul Morris | Bloomberg | Getty Images Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division […]
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111 Republican former officials endorse Harris, say Trump is ‘unfit to serve’
Democratic presidential candidate Vice President Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on Sept. 12, 2024. Jim Watson | AFP | Getty Images More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while warning that their own […]
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Snap unveils latest AR glasses despite ongoing struggles in core ad business
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical […]
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AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in […]
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88 corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4, 2024. Joseph Prezioso | AFP | Getty Images WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in […]
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Snap sued by New Mexico AG over ‘sextortion’ of kids by predators
Scott Olson | Getty Images The New Mexico attorney general filed a lawsuit against Snap, alleging that its social media app Snapchat’s design features create an environment where “predators can easily target children through sextortion schemes and other forms of sexual abuse.” “Snap has misled users into believing that photos and videos sent on their […]
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Stocks making the biggest moves midday: Chevron, Apple, Clorox, Amazon and more
Check out the companies making headlines in midday trading. Chevron — Stock in the oil major slipped more than 3% after the company’s second-quarter earnings missed Wall Street estimates. Chevron reported adjusted earnings $2.55 per share on revenue of $51.18 billion. Analysts polled by LSEG forecast earnings of $2.93 per share and $50.8 billion in […]
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Stocks making the biggest moves premarket: Exxon Mobil, Intel, Apple, Snap, Amazon and more
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating an LSEG forecast of $2.01 per share. Shares were up slightly in the premarket. Intel […]
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Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more
Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Intel — The chip stock sank 17%. Intel said it would suspend its dividend in the fiscal fourth […]
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Amazon’s advertising business grew 20% in the second quarter
Future Publishing | Future | Getty Images Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings. The company’s overall second-quarter sales were $147.98 […]
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