Evan Spiegel, Snapchat founder & CEO making controversy saying India is ‘too poor’ to consider expansion of its user base. According to one of their ex-employee, the founder of US fastest growing social media app Snapchat said that, “This app is only for rich people. I don’t want to expand into poor countries like India […]
The former head for Twitter news for India, Raheel Khursheed has now been appointed as the country head of disappearing message application Snap. Khursheed is Snap’s first India hire and is likely to lead India operations for the company. “I recently started an all encompassing role at @Snap – leading the market entry of the […]
Snapchat parent company, Snap Inc, sent a memo to employees on Thursday stating they were going to lay off 120 engineers from their team and reorganize it, according to Reuters. The maker of the smartphone app popular for disappearing images has had a rough start to the year 2018 and are now under pressure from […]
Shares of Snap fell 1.5 percent as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising growth in India and Spain because they were “poor” countries. The dip put Snap on track to close at its lowest level in nearly a month, a bad sign following its $3.4 billion […]
Snapchat today refuted the reported claims of a former employee who alleged that its CEO Evan Spiegel made negative comments about the Indian market, saying the multimedia mobile app is for everyone and the company is “grateful” to its Indian users. “Obviously Snapchat is for everyone! It’s available worldwide to download for free,” a spokesperson […]
Snap Inc’s in-demand shares were set to rally on their first day of trading in New York on Thursday, after the owner of the popular Snapchat messaging app raised USD3.4 billion in its initial public offering (IPO), above its price expectations. Early indications pointed to the shares opening up at between USD22 and USD24, after […]
Snapchat Inc. which makes a free app called Snapchat for sharing quick disappearing images and videos has recently raised a funding of $175 M from Fidelity at a $16 billion valuation, according to the Wall Street Journal. The catch is that Snapchat’s last round of funding in May 2015 reportedly valued the company at $16 […]
The busy CEO reveals his secret to managing a busy life. Jack Dorsey, the CEOs of both Twitter and payments technology company Square, has a secret to keep from being overwhelmed. “I look to build a lot of consistent routine,” he said during a question and answer session Tuesday on the online forum Product Hunt. “Same […]
Do you know Why Snapchat CEO Evan Spiegel rejected facebook $3 billion dollar’s offer? Because He knows that Snapchat had an edge over facebook in video content.
[dropcap]O[/dropcap]xford Dictionaries will now have a Hindi Word of the Year for 2017. The Hindi word of the year will be a word or phrase that has aroused great interest this year. The word chosen should reflect the ethos, mood or concerns of the year. It is not necessarily a new word, but it should […]