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Snap admits major redesign was 'rushed'

The reason behind Snapchat's poorly received redesign has been revealed by the company's CEO Evan Spiegel, via an internal memo posted by Cheddar and it's a surprising admission by a major firm.

Q&A: What Snap's plans to launch APIs means Special

Snap announced plans to launch APIs, but the company won’t share much of its user data with developers. What is the significance of this move? Patric Palm, CEO and co-founder of Favro explains.

Snapchat's big bet on augmented reality seems to be paying off

Snapchat's bet on augmented reality seems to be paying off. The rollout of Lens Studio, which allows anybody to create their own AR experience with a set of desktop creative tools, has been a bright spot for the company.

RBC: There's 3 things Snap can do to turn itself around

-Snap reported dismal earnings that sent its stock down 20% on Tuesday. -The company faces significant headwinds in drawing new users, engaging old ones and creating value, but it still has potential. -Keep track of Snap's stock price in real time here.

Snap shares soar after Apple demoes the company's AR tech

Shares in social media company Snap spiked by 2 percent yesterday after Apple featured the company's app during its iPhone live event. Demonstrating how Snapchat's AR features run more smoothly on the iPhone X, Apple engineered excitement for the tech.

Snapchat offering discounts to lure small businesses to run ads

According to one ad agency executive, Snap is offering to reimburse the recut cost up to the greater of $1,500 or one percent of the overall budget where the spend is over $40,000.

Snap shrugs off growth concerns as stock rebounds from record low

Snap might be on course to recover its position on the stock market. Employees can now trade their stock as the lockup period is over. Although analysts had thought this could cause a rush of selling, the price is up and Snap has started the week strong.

How CEO Evan Spiegel could copy Mark Zuckerberg

To save Snap's stock from falling further, CEO Evan Spiegel could turn the tables and copy Facebook's Mark Zuckerberg. About five years ago, Facebook was in a similar position as Snap is in now.

Snap shares fall below $15 after underwriters downgrade stock

Snap's stock hit a new all-time low today as it fell to just $15 per share. Investors are increasingly anxious that Snapchat won't be able to sustain its meteoric growth as the competition from apps like Facebook and Instagram steps up.

Top analyst said Snap reminds him of Apple 'in its younger days'

One way that Snap resembles Apple in its early days is that Snap CEO Evan Spiegel is a product impresario, like late Apple founder Steve Jobs was.

Snapchat shares plummet after dramatically missing growth targets

The value of shares in Snapchat parent company Snap has fallen dramatically in the wake of the company's disappointing first earnings call. After missing its targets, the company's value plummeted by a quarter amid analyst concern about its future.

Instagram Stories now more popular than Snapchat

Instagram has announced that over 200 million people now use its Stories feature every month. It raises concerns for Snapchat, the app on which Stories is based. Snapchat currently has 160 million users, a figure Instagram has surpassed in under a year.

Intuit's Scott Cook took an early gamble on Evan Spiegel and Snap

When Evan Spiegel asked Intuit cofounder Scott Cook to invest in Snapchat's Series A round of funding, Cook was sure that the app would be a complete flop.

Snapchat in trouble as stock flounders after IPO

Snapchat is suffering on the stock market in the days after its initial public offering. This week, shares tumbled 12 percent as analysts remain concerned about the platform's future. The company may never be profitable and growth is stalling.

NBC just made over $200 million from Snapchat in a single day

NBCUniversal invested a whopping $500 million in the initial public offering of Snapchat's parent company, Snap Inc., as "part of a strategic investment and partnership," CNBC's Andrew Ross Sorkin first reported Friday.

Mark Zuckerberg is officially the new Bill Gates

Back in the '90s, before memes were really a thing, it was kind of a meme to pass around pictures of Bill Gates as a Borg — the cyborg baddies of "Star Trek: The Next Generation" fame.

Amazon will soon start accepting food stamps

Starting this summer, Amazon will start accepting food stamps from the SNAP (Supplemental Nutrition Assistance Program) program. Seven other online food retailers will start accepting SNAP, too.

One million people in 21 states could lose food stamps

Time is running out for more than a million low-income residents in 21 states who could lose their federal food stamp benefits if they fail to meet work requirements that kicked in this month.

Sengled unveils lightbulb that can boost Wi-Fi, spot burglars

A Shanghai-based company is looking to bring some unexpected features to the light bulb, including recording, facial recognition and Wi-Fi boosting.

How the church feeds America Special

In the United States, no one need go hungry. Each month, churches are setting up soup kitchens and food pantries. If every church set up a small pantry, severe needs would be eliminated.

48 million Americans will have Food Stamp benefits cut Nov. 1

Washington - Forty-eight million Americans depend on the Supplemental Nutrition Assistance Program (SNAP) to help put food on their table. Those benefits are to be seriously cut back now and may be cut even more in the new agricultural bill.

A national model for feeding the needy for 2014 and beyond Special

In November 2013 SNAP Benefits are expected to be cut for all Americans. It is expected that this decrease in benefits will cause “hardship” and “food insecurity.”

Op-Ed: US lawmakers debate cuts to food stamp programs

Washington - The US Congress is busy playing cost-cutting games at the expense of hungry Americans. Senate Democrats voted to cut $4.1 billion from the food stamp program, but the Republicans wanted to go further and cut $20 billion.

Grocery clerk humiliated Cindy Nerger, 28, for using food stamps

Warner Robins - Cindy Nerger of Warner Robins, Ga., who has been on a waiting list for kidney transplant for five years, was brought to tears at a supermarket last week when a clerk ridiculed her in the presence of other customers for using food stamps.

Olympics: Cuban pole vaulter Lázaro Borges watches pole snap

On Wednesday, a rare accident shocked onlookers at the 2012 Olympics: A pole snapped during a pole vault by Lázaro Borges of Cuba. Luckily, Borges was not hurt but he didn't qualify for the final.

Illinois prisoner sues Holy See for priest sex abuse

Chicago - Charles Anderson, 60, a man serving prison term for armed robbery at the Shawnee Correctional Center, Illinois, has filed a lawsuit against the Archdiocese of Chicago and the Holy See, alleging priest child sex abuse in the 1960s.

Support group: Vatican abuse publication a ‘last-minute ploy’

Wednesday’s publication by the Vatican of files concerning a case of a priest accused of sexually abusing children has been denounced by a victim support group as a “last-minute ploy.”

Chinese Man Breaks Nails With Teeth

Chinese Man Cai Dongsheng has reportedly trained himself to break nails with his teeth, in this amazing feat of mouth, teeth and jaw strength he clamped four 6cm long nails in a vice, wrapped them with gauze to protect his mouth and then gripped them b...

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