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Snap's reputation as a safe haven for advertisers is paying off as companies boycott Facebook, but some ad buyers think they'll crawl back eventually

Snap CEO Evan Spiegel has long pitched his company as the anti-Facebook, and it appears to be paying off as some advertisers fleeing Facebook plan to spend more with Snap. The app positions itself as a more positive platform that's safe for advertisers. It's been on an ad sales and user growth tear, leading its stock price to the highest level since its 2017 IPO. Some, however, remain skeptical about Snap's ability to siphon ad spending away from Facebook in the long-term. Visit Business Insid...
Tags: Facebook, Instagram, US, Trends, Starbucks, Evan Spiegel, SPIEGEL, Roter, Duane Brown, Michael Levine, Pivotal Research Group, Facebook Snap, Jeremi Gorman, Mike Mother, David Roter, Coca Cola Ford


Snap's longstanding pitch as a safe haven for brands is paying off as advertisers boycott Facebook

Snap CEO Evan Spiegel has long pitched his company as the anti-Facebook, and it appears to be paying off as some advertisers fleeing Facebook plan to spend more with Snap. The app positions itself as a more positive platform that's safe for advertisers. It's been on an ad sales and user growth tear, leading its stock price to the highest level since its 2017 IPO. Some, however, remain skeptical about Snap's ability to siphon ad spending away from Facebook in the long-term. Visit Business Insid...
Tags: Facebook, Instagram, US, Trends, Starbucks, Evan Spiegel, SPIEGEL, Roter, Duane Brown, Michael Levine, Pivotal Research Group, Facebook Snap, Jeremi Gorman, Mike Mother, David Roter, Coca Cola Ford


Elon Musk called Jeff Bezos a copycat — again — over Amazon's Zoox acquisition. Here are 9 other rivalries that have formed between some of the world's biggest tech CEOs.

While there are many close friendships among tech CEOs in Silicon Valley, there are plenty of feuds, too.  Some appear to be friendly rivalries — like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison — but others have become more contentious.  Tim Cook and Mark Zuckerberg, for example, have been openly feuding for years, while Elon Musk and Jeff Bezos have made digs at each other over outer space.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, Time, San Francisco, Trends


Companies like Netflix, McDonald's, and Target are speaking out amid the George Floyd protests — and some are actually taking action

Protests are spreading through the US after the death of George Floyd, a black man who died after a white police officer knelt on his neck for over 8 minutes. Many companies are weighing in on the protests, but not all of them have announced specific actions, donations, or internal changes. Read more to see how companies and their leaders are responding. Visit Business Insider's homepage for more stories. Protests erupted across the US after the death of George Floyd, the 46-year-old black m...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spotify, Cook, Instagram, Minnesota, Microsoft, Minneapolis, Youtube, Satya Nadella, Disney, US, America


Jeff Bezos and Elon Musk have feuded for over a decade about space travel. Here are 9 other rivalries between some of the world's biggest tech CEOs.

While there are many close friendships among tech CEOs in Silicon Valley, there are plenty of feuds, too.  Some appear to be friendly rivalries — like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison — but others have become more contentious.  Tim Cook and Mark Zuckerberg, for example, have been openly feuding for years, while Elon Musk and Jeff Bezos have made digs at each other over outer space.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, Time, San Francisco, Trends


Meet the 15 youngest billionaires in America

Forbes released its 2020 edition of the World's Billionaires List, which ranks the richest people in the world. The youngest billionaire on the list, 22-year-old Kylie Jenner, is the founder of Kylie Cosmetics. In late 2019, she agreed to sell 51% of her company to beauty conglomerate Coty Inc. for $600 million. The deal valued her company at $1.2 billion. The 15 youngest billionaires in America are collectively worth over $100 billion. Visit Business Insider's homepage for more stories. Some...
Tags: Facebook, Mark Zuckerberg, Instagram, Microsoft, Stanford, US, America, Trends, Walmart, World, Snapchat, Harvard, Sabmiller, Airbnb, John, Evan Spiegel


Most of tech's most powerful CEOs are coupled up. Here's what life is like for the husbands and wives of Silicon Valley's elite.

Most of tech's most powerful CEOs are married.  Not everyone is coupled up — Elon Musk and Jeff Bezos have girlfriends, while Jack Dorsey and Tim Cook appear to be single.  But for those who are married, many of them have been with their spouses for years or even decades.  Here's a look at the lives of the spouses of tech's biggest CEOs.  Visit Business Insider's homepage for more stories. It takes a special type of person to become the partner of a high-powered tech executive: From long week...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Hong Kong, Elon Musk, New York, Instagram, Microsoft, Steve Jobs, Stanford, India, Satya Nadella, New York City, Disney


Instagram chief Adam Mosseri says Facebook 'serves as a s--- umbrella for Instagram' (FB)

Instagram chief Adam Mosseri said Facebook "serves as a s--- umbrella for Instagram." Mosseri made the remark during a wide-ranging interview with NBC News' Dylan Byers published Wednesday, during which he discussed Instagram and its relationship to parent company Facebook. He said it's "generally the case" that people trust Instagram more than Facebook, while admitting he isn't as big a public figure as Facebook CEO Mark Zuckerberg. The 37-year-old also revealed he's never met Snapchat founde...
Tags: Facebook, Mark Zuckerberg, Instagram, US, Trends, Evan Spiegel, SPIEGEL, Watch Google, Facebook He, Snapchat Facebook, Adam Mosseri, Mosseri, Spiegel Facebook, Mark -LSB- Zuckerberg, Facebook Mosseri, NBC News Dylan Byers


Jeff Bezos and Elon Musk have feuded for over a decade about space travel. Here are 9 rivalries between some of the world's biggest tech CEOs.

While there are many close friendships among tech CEOs in Silicon Valley, there are plenty of feuds, too.  Some appear to be friendly rivalries — like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison — but others have become more contentious.  Tim Cook and Mark Zuckerberg, for example, have been openly feuding for years, while Elon Musk and Jeff Bezos have made digs at each other over outer space.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, Time, Trends, Tesla


Inside the whirlwind romance of Snap CEO Evan Spiegel and model Miranda Kerr, who are raising 3 kids together while each running their own companies (SNAP)

Miranda Kerr and Evan Spiegel are one of the most influential power couples, each having dominant presences in their respective industries. The Snap CEO and Australian supermodel began dating in 2015, got married in 2017, and had their second child together last October. Here's the story about how the two met and a timeline of their whirlwind romance. Visit Business Insider's homepage for more stories. Snap CEO Evan Spiegel and Australian supermodel Miranda Kerr are incredibly influential ind...
Tags: Google, Facebook, Shania Twain, Instagram, La, White House, US, Los Angeles, Barack Obama, Trends, Snapchat, Sergey Brin, Sydney, Venice, Evan Spiegel, Harrison Ford


From Facebook to Tesla, here are the lesser-known cofounders of some of the biggest tech companies in the world

Most of the world's most famous tech entrepreneurs had help building their companies. And while Mark Zuckerberg's and Steve Job's cofounders didn't all become household names, they're still credited with bringing Facebook and Apple to life. Tesla, for instance, had four cofounders, and none of them were Elon Musk.  And Jack Dorsey is one of four people who helped create Twitter. Visit Business Insider's homepage for more stories. When a tech company reaches a certain level of success, the nam...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Twitter, Elon Musk, Instagram, Microsoft, Steve Jobs, Ebay, Stanford, Singapore, Biz, US, NFL


Snap founder says TikTok could dethrone Instagram

Evan Spiegel knows a thing or two about the social space. For eight years, his startup, Snapchat, has been chasing giants in this space. And now he thinks a new competitor, TikTok, the short-form video app, has the potential to dethrone Instagram as the world’s third-largest social application — if you aren’t including chat platforms like Messenger, WhatsApp, or WeChat. During a fireside chat yesterday, at Digital Life Design (DLD), Spiegel responded to an audience member question about his opin...
Tags: Startups, Instagram, Social Media, Evan Spiegel, SPIEGEL, Tiktok, Digital Life Design DLD Spiegel


Snap CEO Evan Spiegel made a bold call that TikTok could become bigger than Instagram because it focuses on talent and not likes

Snap CEO Evan Spiegel told the DLD conference in Germany on Sunday that short-form video app TikTok has an edge over Instagram because its content is driven by "talent" rather than a quest for social status. Consequently he said the app could grow faster and become bigger than Instagram, which dominates social media apps along with Facebook. Instagram has been trying to move away from its reputation of being a shallow, status-oriented platform, enforcing changes like removing public like coun...
Tags: Facebook, Instagram, Germany, Trends, Munich, Evan Spiegel, Louisiana, Facebook Instagram, SPIEGEL, Facebook Snapchat, Adam Mosseri, Snapchat Spiegel, Tiktok, DLD, Snapchat Evan Spiegel, Lasso Spiegel


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. A startup company took billions of photos from Facebook and other websites to create a facial-recognition database, and hundreds of law-enforcement agencies are using it. Clearview AI, a facial-recognition startup that scraped social media for images, has been adopted by at least 600 law-enforcement agencies, according to a New York Times report. Snap CEO Evan Spiegel said at a conference on Sunday that he thinks TikTok could su...
Tags: Apple, Google, Facebook, Spotify, Spacex, Elon Musk, Instagram, Wikipedia, Israel, Trends, Bloomberg, Nasa, Netflix, Munich, Xi Jinping, New York Times


From Priscilla Chan to Melinda Gates, these are the spouses of some of the most powerful people in tech

Most of tech's most powerful CEOs are married.  Not everyone is coupled up — Elon Musk and Jeff Bezos have girlfriends, while Jack Dorsey and Tim Cook appear to be single.  But for those who are married, many of them have been with their spouses for years or even decades.  Here's a look at the lives of the spouses of tech's biggest CEOs.  Visit Business Insider's homepage for more stories. It takes a special type of person to become the partner of a high-powered tech executive: From long week...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Hong Kong, Elon Musk, New York, Instagram, Microsoft, Steve Jobs, Stanford, India, Satya Nadella, New York City, Disney


14 celebrities who limit their children's screen time and tech use

How much screen time to allow for children is one of the biggest debates of modern parenting. Some famous figures, like Bill Gates, raised their children mostly tech-free.  Other celebrities, like Jennifer Lopez and Angelina Jolie, strictly limit their children's screen time throughout the week.  Here is how 14 famous people limit their children's exposure to technology. Visit Business Insider's homepage for more stories. How much screen time to allow for children is one of the biggest debat...
Tags: Facebook, Mark Zuckerberg, London, Instagram, Microsoft, Obama, White House, Trends, Cisco, Netflix, Williams, New York Times, Bill Gates, David Beckham, Reddit, Michelle Obama


Facebook sees TikTok as a growing threat, but Evan Spiegel says Snapchat views it as a 'friend'

When asked if TikTok is a friend or foe to Snapchat, Snap cofounder and CEO Evan Spiegel gave a definitive answer: "Friend."  Spiegel touted successful developer and advertising partnerships between the two companies. He also said TikTok is contributing to an increase in the amount of time people are spending on mobile devices, which is good news for Snapchat. The outlook diverges from other social media giants like Facebook, who see TikTok as a rising threat. Visit Business Insider's homepage...
Tags: Apple, Facebook, Mark Zuckerberg, Instagram, Steve Jobs, Trends, Snapchat, Beijing, Evan Spiegel, SPIEGEL, Snapchat Snap, Tiktok, TikTok Facebook, India Spiegel, Snapchat Time


Snap CEO Evan Spiegel and supermodel Miranda Kerr just had their second child together. Here's a look inside their whirlwind romance. (SNAP)

Miranda Kerr and Evan Spiegel are one of the most influential power couples, each having dominant presences in their respective industries. The Snap CEO and Australian supermodel began dating in 2015, got married in 2017, and just had their second child together. Here's the story about how the two met and a timeline following their whirlwind romance. Visit Business Insider's homepage for more stories. Snap CEO Evan Spiegel and Australian supermodel Miranda Kerr are incredibly influential ind...
Tags: Google, Facebook, Shania Twain, Instagram, La, White House, US, Los Angeles, Barack Obama, Trends, Snapchat, Sergey Brin, Sydney, Venice, Evan Spiegel, Harrison Ford


Supermodel Miranda Kerr has given birth to her second child with Snap CEO Evan Spiegel

Snapchat CEO Evan Spiegel and supermodel Miranda Kerr have been married since 2017. Kerr announced Tuesday night on her Instagram that she had given birth to a baby boy named Myles. This is the couple's second child together, and Kerr's third son. Visit Business Insider's homepage for more stories. Snapchat CEO Evan Spiegel is now the father to two boys, his wife — supermodel Miranda Kerr — announced on Instagram. Kerr shared with her over 12 million followers Tuesday night that she had give...
Tags: Instagram, Los Angeles, Trends, Evan Spiegel, Miranda Kerr, Harper, Bazaar, Louis Vuitton, Kerr, Flynn, Hart, SPIEGEL, Myles, Glenda Bailey, Instagram Kerr, Myles This is Spiegel


Snap CEO isn’t expecting much from Facebook antitrust investigations

Facebook’s relentless blatant feature copy of Snapchat have been seen as one of the chief examples of the company’s competitive overreach, but Snap CEO Evan Spiegel isn’t sure whether antitrust activity from the government is going to change the company’s near-term prospects of competing with Instagram. “I mean the history of antitrust would basically say that these investigations last like seven to ten years or something like that and that basically nothing happens,” Spiegel said onstage ...
Tags: Startups, TC, Facebook, Instagram, Snapchat, Antitrust, Evan Spiegel, Wall Street Journal, Voldemort, Snap, SPIEGEL, TechCrunch Disrupt SF, Disrupt SF 2019


Snap CEO Evan Spiegel has sold Wall Street his rose colored glasses, but when the effect wears off it’s going to hurt (SNAP)

Snap investors initially cheered after it reported its quarterly results Tuesday. The reaction was an indication of just how desperate many seem for some semblance of good news from the company. Setting aside Wall Street and investor expectations, this wasn't a good report; Snap posted a huge loss and its user base is still smaller than it was a year ago. What's more, the company seems to be underinvesting in areas that might help it grow in the future. Visit Business Insider's homepage for mo...
Tags: Google, Amazon, Facebook, Instagram, Wall Street, Trends, Evan Spiegel, SPIEGEL, Worldwide Snap


Snapchat revives growth in Q1 beat with 190M users

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 when it plateaued but still down from 191 million a year ago, in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus estimates of $306 million and -$0.12 EPS, with revenue up 39 percent year-over-year. ...
Tags: Social, TC, Facebook, Apps, Europe, Media, Instagram, Advertising Tech, US, Tech, Snapchat, Earnings, Evan Spiegel, North America, Zuckerberg, Snap


Snapchat revives growth in Q1 beat with 190M users as share price spikes

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 but still down from 191 million a year ago, in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus estimates of $306 million and -$0.12 EPS, with revenue up 39 percent year-over-year. One concern is Sna...
Tags: Travel, Social, TC, Apps, Europe, Media, Instagram, Advertising Tech, US, Snapchat, Earnings, Evan Spiegel, North America, Snap, Zack, SPIEGEL


LIVE: Snap beat Wall Street's expectations for Q1 2019, and its stock is soaring (SNAP)

Snap, the parent company of photo-sharing app Snapchat, defied analysts expectations in the first quarter of the year — as its better-than-expected revenues, user numbers, and earnings per share sent its stock soaring. The company saw revenues of $320 million in the quarter, besting consensus estimates of $307.4 million and growing 39% year-on-year. And it enjoyed 190 million daily active users, versus an 186.8 million prediction. The results are welcome news for the company, which has struggle...
Tags: Apple, Facebook, Instagram, Trends, Bloomberg, United States, Tim Cook, Evan Spiegel, Signal, EBITDA, SPIEGEL, Snap Inc


Snap beat Wall Street's expectations for Q1 2019 but its user growth is still stalled (SNAP)

Snap, the parent company of photo-sharing app Snapchat, defied analysts expectations in the first quarter of the year — as its better-than-expected revenues and earnings per share briefly sent its stock soaring after it reported its results.  But investors appeared to have second thoughts as they contemplated stalled user growth numbers, and Snap shares quickly gave back most of the gains.  The company saw revenues of $320 million in the quarter, besting consensus estimates of $307.4 million an...
Tags: Facebook, Instagram, Disney, Trends, Bloomberg, Netflix, United States, Evan Spiegel, Signal, EBITDA, SPIEGEL, Snap Inc


LIVE: Snap beat Wall Street's expectations for Q1 2019 but its user growth is still stalled (SNAP)

Snap, the parent company of photo-sharing app Snapchat, defied analysts expectations in the first quarter of the year — as its better-than-expected revenues and earnings per share sent its stock soaring after it reported its results.  But investors appeared to have second thoughts as they contemplated stalled user growth numbers, and Snap shares quickly gave back most of the gains.  The company saw revenues of $320 million in the quarter, besting consensus estimates of $307.4 million and growin...
Tags: Facebook, Instagram, Samsung, Trends, Bloomberg, United States, Evan Spiegel, Signal, EBITDA, SPIEGEL, Snap Inc


We Are Social’s Monday Mashup #436

Facebook announces next steps for Watch which includes plans for dozens of new shows in 2019 – despite the fact the channel has had limited traction so far. Case in point – Facebook has recently been telling news publishers that it will only renew about a third of the existing news shows that it has funded for Facebook Watch. Facebook is also introducing a new ad system for Watch, Facebook Showcase , to offer marketers the chance to secure ad slots in a selection of premium Shows for US audie...
Tags: Google, Facebook, Twitter, UK, Pinterest, Instagram, Youtube, India, US, Seo, Linkedin, Snapchat, Evan Spiegel, Mashup, Jetblue, SPIEGEL


6 reasons Snapchat is losing its popularity

Snapchat lost millions of users after a heavily criticized redesign. Celebrities like Kylie Jenner have claimed they no longer use Snapchat. Facebook copied Snapchat's most popular features for Instagram. Business Insider's Shona Ghosh breaks down what's going on with this once popular app. Shona Ghosh: They made a few kind of missteps around things like the redesign not focusing on Android as much as they should have done, so there were definitely mistakes made by Snapchat. But, for sure, you...
Tags: Google, Facebook, Instagram, Rihanna, Trends, Snapchat, Evan Spiegel, Kylie Jenner, SPIEGEL, Snapchat Facebook, Shona Ghosh


Snap's outgoing CFO reportedly went around Evan Spiegel's back to ask for more money but failed

Snap's CFO Tim Stone is leaving the company after trying to ask for more money behind CEO Evan Spiegel's back, Bloomberg reports. People familiar with the matter told Bloomberg that Stone appealed directly to the board for a raise, which he was denied. Stone was only in the job for eight months, but will stay on until Snap's Q4 earnings call in February. Snap, the parent company behind Snapchat, revealed on Tuesday that it was losing its chief financial officer Tim Stone after just eight mont...
Tags: Google, Instagram, Trends, Bloomberg, Snapchat, Imran Khan, SEC, Evan Spiegel, Khan, Snap, Stone, SPIEGEL, Bobby Murphy, Tim Stone, Jared Grusd, Jeremi Gorman


Snap’s outgoing CFO reportedly went around Evan Spiegel’s back to ask for more money but failed

Snap's CFO Tim Stone is leaving the company after trying to ask for more money behind CEO Evan Spiegel's back, Bloomberg reports. People familiar with the matter told Bloomberg that Stone appealed directly to the board for a raise, which he was denied. Stone was only in the job for eight months, but will stay on until Snap's Q4 earnings call in February. Snap, the parent company behind Snapchat, revealed on Tuesday that it was losing its chief financial officer Tim Stone after just eight mont...
Tags: Apple, Instagram, Trends, Bloomberg, Snapchat, Imran Khan, SEC, Evan Spiegel, Khan, Snap, Stone, SPIEGEL, Bobby Murphy, Tim Stone, Jared Grusd, Jeremi Gorman



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