Snapchat announced on Wednesday that it is hosting its first-ever awards show on March 21. The social media giant says the awards show, called “The Snappys,” is designed to celebrate the “creators who shape the culture on Snapchat.” Creators will receive awards such as “Spotlight MVP,” “Best Storyteller,” and “Breakout Creator of the Year,” along … Read more
Snap has big plans to release the latest version of its Specs AR glasses later this year. Despite the strategic priority the hardware product represents, the company recently fired one of the top executives associated with the project, reportedly due to a dispute with Snap CEO Evan Spiegel. Tech blog Sources initially reported that the … Read more
Snap is on a mission to diversify its revenue streams — moving from a business model in which it largely chases ad revenue to one where it can also make money through subscriptions and eventually hardware. The company’s latest quarterly earnings report shows that the firm has had modest success with this strategy so far. … Read more