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Snap CEO Touts Ad Platform, Predicts Rapid Growth Even Without New Users Or More Engagement
Snap CEO Evan Spiegel said that the company’s forecast of multiple years of more than 50% revenue growth is achievable even without any additional user growth.
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Snap Stock Pops as Company Tells Investors It's on Track for Several Years of 50% Growth
Shares of Snap reversed a decline on Tuesday after it announced that is in position to drive multiple years of revenue growth of more than 50%.
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AppLovin Joins Parade of Video Game Companies Headed for Public Market After 2020 Sales Hit $1.45 Billion
Mobile game company AppLovin filed for an IPO on Tuesday after revenue jumped 46% last year.
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Facebook's Growth Rate Could Be Impacted by Covid Vaccines as Consumers Shift Spending to Services, CFO Says
Facebook CFO David Wehner said the company’s advertising growth rate could be impacted as more consumers receive their Covid-19 vaccinations.
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Airbnb Ends Affiliate Program as It Ramps Up Host Recruitment Marketing Campaign
Airbnb on Monday informed travel bloggers that it will shutting down its affiliate program at the end of March.
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How Millennial Nobel Prize Nominee Amanda Nguyen's Viral Video Sparked Coverage of Anti-Asian Racism
Nguyen, an activist and Nobel Peace Prize nominee, is sparking national dialogue of rising anti-Asian racism in the U.S. during the pandemic.
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Airbnb Soars After Earnings as One Analyst Calls It ‘the Best Asset in Travel'
Airbnb’s stock rose on Friday following reports highlighting that the company is well positioned to capitalize on the expected recovery in the travel industry.
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Your Facebook Feed is Radicalizing You
You may think it’s supporters of that OTHER candidate getting radicalized online, but NBCLX’ Noah Pransky found it’s not just them – it’s you too. Social media companies are worth billions because they’re so good at modifying your behavior – often, toward more radical political extremes – without you ever knowing it. But there’s a way to beat...
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Roblox Is Chasing Older Users for Games and Virtual Concerts as It Gears Up for Direct Listing
While Roblox has become a $29.5 billion company through a gaming app for kids, the company wants investors to know that older users are central to its future.
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Social Media is Radicalizing You (Yes, You) — Here's How to Stop It
It’s easy to point across the political aisle and find examples of how social media has pushed your opponents into hyper-partisan corners, living in what seems to be an alternative reality. But it’s likely your reality is skewed by those same social media algorithms every day.
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TikTok Promised Black Creators It Would Do Better. Has Anything Changed?
As Black Lives Matter protests were raging across the country last June, TikTok apologized to its Black users for failing to elevate and promote their content as much as it deserved. NBC News reporter Kalhan Rosenblatt talked to a number of Black content creators about what has changed — and what hasn’t.
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Twitter Shares Soar After Company Announces Plan to Double Revenue by End of 2023
This is the first time Twitter has set long-term goals for revenue and daily users.
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Facebook Is ‘Looking At' Facial Recognition Technology for Upcoming Smart Glasses, Executive Confirms
Facebook’s head of hardware on Thursday confirmed a report that the company is considering facial recognition technology for its upcoming smart glasses devices.
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Airbnb Reports $3.89 Billion Loss in First Quarterly Report Since IPO But Beats Revenue Expectations
Airbnb attributed much of the loss to charges related to the company’s initial public offering in December.
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AT&T to Spin Off DirecTV, AT&T TV Now and U-Verse Into New Company Valued at $16.25 Billion
The transaction values the new business, called DirecTV, at $16.25 billion.
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Twitter Shows Possible Updates, Including Super Follow Subscriptions
Twitter on Thursday announced a number of new features that the company is experimenting with, including Super Follow subscriptions.
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Facebook Pledges to Invest $1 Billion in News After Australia Standoff Ends
Facebook is planning to spend at least $1 billion in the news industry over the next three years on the back of its fight with the Australian government.
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You Can Now Schedule Text Messages to Send Later on Android — Here's How
That means you can schedule a text in an effort to be the first to wish your friend a happy birthday at midnight, for example.
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The Onyx Family of YouTube Stars Has Another Famous Member — VP Kamala Harris
Mirthell and Rita Onyx and their four kids, Shalom, Sinead, Sade (Shasha) and Shiloh, are the Onyx family. And with more than 3 million followers on YouTube, they are going beyond just funny videos to make their voices heard. They also just happen to be related to Vice President Kamala Harris. The Onyx family joined LX News to share how...
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Australia's Antitrust Chief Claims a Win Over Facebook in News Battle
Australia’s antitrust chief has claimed a victory over Facebook in a digital news battle that has captivated the world over the last week.