Snap Cuts 20% of Employees and Restructures
The maker of Snapchat discontinued some of its products and appointed a chief operating officer, amid financial struggles.
Source: nytimes.com
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Snapchat Introduces Its First Parental Controls
The messaging app, which is popular with teenagers, has faced legal pressure to roll out tools so parents can keep an eye on their children’s social media activity.
Source: nytimes.com
Instagram, Facing Criticism From Kylie Jenner and Others, Tries Explaining Itself
Meta is meeting backlash for changes that make some of its platforms act more like TikTok.
Source: nytimes.com
James Murray, Secret Service Director, to Step Down and Join Snap
The director, James M. Murray, was appointed by President Donald J. Trump in 2019 and is departing after nearly three decades with the agency.
Source: nytimes.com
Snap Says It Will Miss Earnings Goals Because of Economic Challenges
Snap’s announcement comes amid a slowdown for tech start-ups, as venture capital funding has fallen and young companies have been cutting costs and laying off employees.
Source: nytimes.com