Snapchat+ tops 25M subscribers, driving company’s direct revenue ARR to $1B
The revenue milestone comes as Snap has added additional paid offerings outside of its core Snapchat+ subscription over the past year to diversify its revenue streams.
Snapchat
Snapchat launches creator subscription in the U.S.
Snapchat will let creators set their monthly subscription price.
Snapchat now lets you inform others when you have arrived at your destination
With its new “Arrival Notifications,” users can now set one-time or recurring alerts for locations beyond their home, providing an automatic way to share when they’ve arrived at their destination.
As it preps Specs for the masses, Snap’s Q4 shows revenue growth but fewer daily users
The company is engaged in a strategy to diversify its revenue sources as it heads into the new year.
Snap is turning its smart glasses team into its own company
Snap is launching a separate business for its upcoming Specs augmented reality glasses in a bid to lure new investors to the project. The new company, aptly named “Specs,” will operate under Snap as a distinct subsidiary ahead of the long-awaited public launch of Specs glasses later this year. “Establishing Specs Inc. as a wholly-owned […]
Snap gets serious about Specs, spins AR glasses into standalone company
The social media company’s smartglasses are set to be released to the public later this year.
Internal chats show how social media companies discussed teen engagement
Recently released documents show the big business opportunity that social media companies saw in recruiting teens to their platforms and how they discussed risks that heavy digital engagement could pose. The documents were released last week as part of a major set of trials brought by school districts, state attorneys general, and others against Meta, […]
2026 is the year of social media’s legal reckoning
Over the next year, top social media executives are expected to take the witness stand to defend their companies from an avalanche of claims about their failure to protect kids. The first of many trials is set to begin this month in California, when Meta, TikTok, and YouTube face claims that tech addiction harmed a […]
Snapchat’s new Quick Cut stitches a video together for you
Snap just launched a new Quick Cut video editing tool right inside Snapchat that “helps Snapchatters turn their favorite Memories into beat-synced, ready-to-share videos in seconds.” With Quick Cut, you can select multiple photos or clips and then “instantly preview a rendered video,” and the feature is accessible from multiple places in the app, including […]