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3 Risks Investors Should Consider Before Investing in Snap

This popular social media company's ad business faces macroeconomic and competitive challenges.

Peter naylorEvan spiegelJeremi gormanInternet services social media industryConference boardChief business officer jeremi gormanAmericas peter naylorMeta platformsInternet servicesSocial media industry

This Week in Apps: Twitter s edit button, BeReal clones, Trump s Truth Social gets blocked – TechCrunch

This Week in Apps offers a way to keep up with the fast-moving app industry in one place, including news, updates, startup fundings, M&As and much more.

United statesSanta clara countyGavin newsomPeter naylorJenni kayneAlessandro paluzziAdam mosseriKosta eleftheriouJeremi gormanHealth fitnessUniversity of washingtonRegional collegeCalifornia superior courtUs federal trade commissionKochava incEpic games

Snapchat to cut 20% of staff, cancel projects in cost-cutting effort

Cuts will help company save an estimated $500 million in costs annually, said Snapchat

Peter naylorJerry hunterEvan spiegelJasmine enbergSanta monicaPaolo pescatoreJeremi gormanMeta platformsCalifornia based snapChief executive evan spiegelChief business officer jeremi gormanVice presidentMiddle east

Netflix hires two top ad executives from Snap to lead ad-supported streaming option

Netflix's hiring of two top Snap executives signals Netflix's commitment on build an ad-supported version of the streaming service.

Peter naylorJeremi gormanShed partnersRich greenfieldChief business officer jeremi gormanVice presidentAmericas peter

Snap laying off around 1,280 employees amid poor growth

Snap, the parent company of Snapchat, is reportedly laying off 20 per cent of its workforce (around 1,280 employees), and the company's Chief Business Officer Jeremi Gorman is leaving to join Netflix.According to a report in The Verge citing .

San franciscoUnited statesJeremi gormanChief business officer jeremi gorman

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