Facebook Inc. has now mimicked Snapchat’s core “Stories” feature across its suite of apps.
On Tuesday, Facebook launched a new Stories feature in its flagship app, after earlier debuting a version of Stories in Instagram, WhatsApp and Messenger. The feature allows users to posts photos and videos to a Story chain, enhanced read »
Shares of Snap Inc., maker of the popular messaging app Snapchat, began trading on Thursday at $24 per share on the New York Stock Exchange under the ticker SNAP, giving the company a market cap of about $33 billion. The stock opened 41% above the shares’ pricing Wednesday night of $17 apiece, reflecting read »
Snap Inc. priced its initial public offering on Wednesday at $17 per share, giving the company a valuation of $23.6 billion. Snap, which created the popular messaging app Snapchat, and selling stakeholders reportedly offloaded 200 million shares, raising $3.4 billion in the read »
Cute puppy selfie masks. Helium voice-overs. Raw, curated footage of Coachella, Taylor Swift at the Grammy’s and Kendall Jenner walking at New York Fashion Week. These are just a few of the addictive features that have helped Snapchat become wildly popular among today’s youth.
Six years after Snap Inc. CEO Evan Spiegel and CTO read »
Snap Inc., which created the popular messaging app Snapchat, said in a regulatory filing on Thursday that it plans raise up to $3.2 billion in an initial public offering that would value the company at between $16.2 billion to $18.5 billion.
The company said it plans to price its shares between $14 and read »
Sony Entertainment CEO Michael Lynton is stepping down to serve as chairman of the board of Snapchat, officially called Snap Inc. Lynton’s move comes as Snapchat prepares for an initial public offering this year, which could value the company at more than $25 billion.
Lynton, 57, has served on Snapchat’s board for about read »
By Ryan Mac and Kate Vinton
The cofounders of Stripe joined the ranks of the world’s youngest billionaires after the online payments company announced a new round of funding last week that valued the company at $9.2 billion.
Brothers Patrick Collison and John Collison are now worth at least $1.1 billion each read »
Check out a comprehensive preview for the 2017 NBA Playoffs series between the Golden State Warriors and San Antonio Spurs, which includes odds for Game 1 and the entire Western Conference Finals, information on how to view every contest, predictions on the winner and more. read »
College and graduate school is about to get more expensive. Here’s what you need to know. read »
Trump needs China, so he won’t engage Taiwan politically. Yet the Asian island is stuffed with money, and he wants some of that for the United States. Trump sees Hon Hai Precision as a source of wealth for America and reportedly met the firm’s Taiwanese boss last month. read »
Brookfield’s Bruce Flatt spots opportunity amid talk of another great American mall die-off. The death of real estate is greatly exaggerated, he says. read »
Nasdaq listed Liberty Media Corporation plans to double staff numbers at the headquarters of its subsidiary Formula One auto racing in a move which could cost the sport’s ten teams as much as $6.5 million in prize money. read »
We found 10 five-year-old used cars that are safe and affordable, for those who want to start out with a minimum of debt. read »
For all we already know about the president and his finances, there’s still so much more to uncover. On this last episode of ‘Forbes on Trump,’ we’re going to take a look at the most pressing questions about Trump’s wealth and conflicts of interest that remain outstanding. read »
Snap is now trading roughly equal with its $17 IPO price. read »
Each year, Forbes takes a look at the companies that rate the most trustworthy, based on accounting and governance practices. This resulting roster of 50 trustworthy firms in Europe is based on the strength of those companies’ AGR ratings. read »
