Snap recovers from Apple privacy changes, shares surge 50%
Snapchat's advertising business bounced back from the effects of Apple's privacy changes, with shares rising by 50%.
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Snapchat's advertising business bounced back from the effects of Apple's privacy changes, with shares rising by 50%.
Snap Inc on Thursday said its advertising business bounced back from the effects of Apple Inc's privacy changes faster than it expected, and shares of the company skyrocketed 50% as it provided a... | February 4, 2022
Feb 3 (Reuters) - Snap Inc (SNAP.N) on Thursday said its advertising business bounced back from the effects of Apple Inc's (AAPL.O) privacy changes faster than it expected, and shares of the company skyrocketed 50% as it provided a first quarter outlook that surpassed analyst estimates. The results were good news for a tech sector…
Facebook’s parent company served up a stark sign of how Apple Inc.’s new ad-privacy policy is roiling the digital-advertising world.
Even though it faced the same tough challenges as Facebook when it comes to Apple's ATT feature, Snapchat parent Snap reported its first quarterly profit in history.